The two senators reportedly believe that the 2.3 percent tax on medical device sales will hurt companies’ profits and lead to job losses in the country.
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Michael Francis, who spent more than two decades at Target Corporation before leaving last year and then serving brief stints at J.C. Penney and Gap, has become DreamWorks Animation’s first-ever chief global brand officer.
New store openings in the United States and in Canada have also helped the women’s clothing retailer, which posted record sales in its most recent quarter.
Governor Mark Dayton has reportedly said he is committed to making tough tax and spending decisions in order to eliminate the projected deficit.
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Governor Mark Dayton has reportedly said he is committed to making tough tax and spending decisions in order to eliminate the projected deficit.
According to Bloomberg, Cerberus Capital Management LP—which was previously considering making a bid for the company as a whole—might instead seek control of its two largest chains, Albertsons and Save-A-Lot.
The sugar producer’s net proceeds declined 32 percent in its 2012 fiscal year, and the union representing its locked-out workers say that’s because of the higher costs associated with having replacement workers.
Recently-formed Silver Bay Realty Trust Corporation, which will buy distressed properties for rental and resale, is hoping to raise between $238 million and $265 million through an initial public offering.
Eagan-based Prime Therapeutics and Bloomington-based The Nerdery are among 100 companies from across the country that received “Hire Power Awards.”
U.S. Bancorp CEO Richard Davis anticipates “substantially lower” revenue growth next year, due to which the company plans to open fewer branches.
Upscale retailer Saks Fifth Avenue’s discount division will open a 28,000-square-foot anchor store at a planned outlet mall in Eagan.
The city’s permitted construction projects surpassed the $1 billion mark for the first time since 2000.
The metro area ranked third on Travel + Leisure magazine’s list of “America’s favorite cities” based on ratings of readers who are visitors to the area; it ranked 12th based on ratings of those who reside here.
On Tuesday night, the Shakopee City Council will discuss Emerson’s request for a $6 million assistance package; an Emerson spokesman said Shakopee is one of “multiple options” that it’s considering for expansion.
The Hastings-based company has more than 1.5 million members at its clubs; on average, a new gym opens every 36 hours, and a new member joins every three minutes.
The amended deal does not include Champion Technologies’ refinery unit, which Ecolab believes was the subject of government concern over potential anticompetitive issues.
Citing an unnamed “person familiar with the matter,” The Wall Street Journal said that private equity firm Cerberus Capital Management, LP, is considering a deal to buy Supervalu’s entire business and another to purchase just its Albertsons stores.
Ken Cutler, who joined the firm almost 40 years ago, will serve a three-year term as managing partner; he succeeds Marianne Short, who’s leaving for UnitedHealth Group on January 1.
Blake Hastings, who most recently served as senior vice president at the Phoenix office of Cassidy Turley, will succeed the longtime leader at CBRE's Minneapolis office.
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