The AFL-CIO Housing Investment Trust has made a $50 million commitment to finance the rehabilitation of the historic Riverside Plaza apartment complex in Minneapolis.
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The new business will focus on surface finishes, glass finishes, and lighting.
In its annual report, the company disclosed that it fired 450 Minnesota employees after an audit by the Department of Homeland Security.
The company will maintain its operations and staff at Compellent's former headquarters in Eden Prairie.
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The company will maintain its operations and staff at Compellent's former headquarters in Eden Prairie.
The Milwaukee, Wisconsin-based bank said that the layoffs are not related to its planned $4.1 billion sale to BMO Financial Group.
The electronics retailer plans to close nine Best Buy-branded stores in China but open 40 to 50 locations under its Five Star Appliance chain, among other measures to restructure its international and domestic operations.
A San Diego law firm filed the suit on Friday, which claims Best Buy made false and misleading statements about its financial position, causing investors to lose money when the company's stock plummeted.
The Federal Reserve's board of governors claims in recently filed court documents that TCF's lawsuit challenging the constitutionality of new financial regulations lacks merit and should be thrown out.
The singer reportedly met with Target's "entire executive staff" to convey her expectations for the company before agreeing to a distribution partnership for her new album, Born This Way.
The medical device giant will look to cut across the entire company during its fiscal fourth quarter, but a spokesman said it's too early to say how many of the 8,000 Minnesota employees will be affected.
Just 9 percent of manufacturing executives anticipate a continued recession in 2011, and 40 percent expect to see economic expansion.
The company has completed the rollout of a system for its European operations that is more efficient and eliminates the need for the positions that are being cut.
The merged company, which will employ about 40 and operate under the N'compass brand, will focus on large corporations but also build a presence among emerging businesses seeking IT counsel.
Robert Dufresne of Cottage Grove admitted to defrauding investors out of more than $5 million in a house-flipping scheme that spread across multiple states.
Tom Petters' defense says that the district court restricted it from fully exposing Larry Reynolds-who has a criminal background as a New England mobster-thus thwarting its argument that Reynolds engineered the fraud scheme for which Petters is serving a 50-year prison sentence.
Following backlash stemming from a political contribution that the company made last summer, CEO Gregg Steinhafel and a policy committee of senior executives are now together responsible for vetting political donations.
The offices of bankrupt real estate developer Jerry Trooien were searched Thursday by the FBI and IRS for evidence relating to an alleged fraud scheme.
The company, which previously announced a five-year growth plan including a $1.5 billion investment in its Radisson brand, has reached significant milestones during the first year of its strategy.
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