The companies expect the transaction-which is subject to customary closing conditions-to close during Medtronic's third quarter.
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Minnesota's financial institutions reported increased earnings, but the positive results remain well below historic levels.
According to CoreLogic, the nation's supply of unsold homes is up 3 percent from last year and is three times the normal supply rate.
The company has also launched a new business initiative called "The N Corps"- which is dedicated to working with IT and operations staff at client companies to engineer custom Web and mobile software solutions.
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The company has also launched a new business initiative called "The N Corps"- which is dedicated to working with IT and operations staff at client companies to engineer custom Web and mobile software solutions.
Wells Fargo outbid Citigroup two years ago for Wachovia Corporation, and Citigroup filed a suit claiming that Wells Fargo's bid interfered with the company's offer and was a breach of contract.
Carl Casale, who most recently held executive roles at St. Louis-based Monsanto Company, will replace John Johnson, who will retire at the end of this year.
A company spokesman said that just-departed CEO Michele Volpi and the company's board "reached a mutual decision to part ways." Jim Owens, who has been serving since 2008 as senior vice president of the Americas, has been named Volpi's successor.
The Minneapolis City Council picked Oslund and Associates from a pool of nine firms from across the United States, and it expects the redevelopment project to be completed by summer of 2013.
Minnesota ranked 13th among states according to the 2010 State New Economy Index, which assesses each state's capacity to successfully navigate the challenges of economic change.
Software developers and social media strategists at the firm's Minneapolis office have created an authentic, real-time experience through which clients can practice both how and when to engage with members of the public when they're attacked through social media channels.
Apogee will integrate the acquired company, which will be called Glassec Viracon, into its architectural glass business.
Following the acquisition-the financial terms of which were not disclosed-Pinnacle's existing operations will continue to use the Pinnacle name.
A new report from the Minnesota Department of Health gives consumers a glimpse into the varying quality of care offered by the state's health providers.
The clinic will be divided and integrated into the Allina and HealthEast hospital systems, and most of its staff members will be employed by one of the two systems starting January 1.
The company said that "layoffs will be partially offset" as it offers to transfer 650 employees from its Eagan facility to other locations around the country.
The state unemployment rate climbed 0.1 percent in October to 7.1 percent, but remained well below the national rate of 9.6 percent.
As Governor Pawlenty's term draws closer to an end, the state's revenue commissioner, Ward Einess, has announced plans to leave the administration.
This year marks the first holiday season since 2006 that Twin Cities shoppers are predicting to spend more than they did the previous year, according to an annual study conducted by the University of St. Thomas' Opus College of Business.
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