The three men will be sentenced next month by U.S. District Judge Joan Erickson for their roles in defrauding Chrysler Financial Services, LLC.
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Mark Eckerline replaces Doug King, who stepped down in October from leading the company's Minneapolis operations.
The Edina office will house about 230 employees, including seven at a new technology center that will showcase Microsoft technology and develop solutions to address customers' technology needs.
According to the Star Tribune, the banking industry and some members of Congress are working to weaken, repeal, or delay a new set of restrictions proposed by the Federal Reserve-restrictions that prompted TCF to file a lawsuit late last year.
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According to the Star Tribune, the banking industry and some members of Congress are working to weaken, repeal, or delay a new set of restrictions proposed by the Federal Reserve-restrictions that prompted TCF to file a lawsuit late last year.
New student-owned ventures that incorporate sustainable business practices and environmental stewardship, community service, or biking advocacy are eligible for funding under the new program-which was launched by the U and Bloomington-based Quality Bicycle Products.
Media and marketing firm Haberman launched an initiative that implores businesses to put some of their ad dollars to better use-and provides a forum for people to identify ads that benefit society and ads that they would have rather deleted.
The hotel's new owner, Los Angeles-based private equity firm Platinum Equity, plans to spend $12.5 million on renovations and will rebrand it as a DoubleTree hotel later this year.
The company also announced that its fire-fighting product, TetraKO, will now be distributed in parts of the western United States.
Cargill's recent spinoff of its 64 percent stake in The Mosaic Company will reportedly free up millions of dollars for the Margaret A. Cargill Foundation.
Occupations that will grow the most in 2011 are in the IT and health care sectors, according to the company.
According to the Star Tribune, Chipotle fired "hundreds" of its Minnesota employees after an audit revealed that some were illegal workers.
A new initiative hosted by the BioBusiness Alliance of Minnesota will provide a statewide Web-based portal designed to connect the state's start-ups with investors.
The total dollar amount invested in Minnesota companies last year represents a 48 percent decline from 2009 and is the lowest since state-by-state data was first collected in 1995.
Werc Werk Works will screen its productions at both the Berlin and Sundance film festivals for the second consecutive year.
After the deal closes, the manufacturer of generic pharmaceuticals will continue to operate out of its New Hope facility.
More than 70,000 Minnesotans were behind on their mortgage payments in 2010, up 8 percent from 2009.
The medical device giant, which allegedly paid physicians kickbacks in a masked attempt to drive its sales, said that it admits no wrongdoing and that settling was a way to avoid potentially costly litigation.
Mark Phillips has been named commissioner for the Department of Employment and Economic Development; John Edman was reappointed as director of Explore Minnesota; and Kathy Tunheim will occupy a volunteer position as senior advisor for job creation.
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