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Report: Banks Historically Weak But Improving

According to the Federal Reserve Bank of Minneapolis, banking conditions for the Ninth District are still historically weak, but asset quality, earnings, and liquidity improved in 2010 and will slowly continue to improve in 2011.

Anytime Fitness to Enter Middle East

The first health clubs in the region will be in Qatar, and plans are underway to add additional locations in the Middle Eastern state and its neighboring countries.

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Cummins to Add 90 Employees to Fridley Plant

Cummins Power Generation plans to grow its employee base by an addition 200 employees in 2011 thanks to an extended agreement with the U.S. Army to produce a line of mobile power generators-which promoted the need for more jobs.

MN Beats National Average for Broadband Service

According to a recent study, 72 percent of Minnesota households have broadband service, a higher percentage than the national average of 67 percent; Minnesota also has more residents with access to higher-speed broadband service.

Developer Considering Casino for Block E

Alatus-a development company that owns Block E-said Tuesday that a "sophisticated, best-in-class gaming component" was being considered for the site, which has a 28 percent vacancy rate.
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