Minnesota ranked high among the nation’s states in terms of both average debt load carried by recent college graduates and percentage of recent grads with debt.
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Friday will be Mark Phillips’ last day at DEED; Minnesota Trade Office Executive Director Katie Clark has been appointed to succeed him in the position.
A company spokesman reportedly said that Northern Oil and Gas let go of James Sankovitz because it no longer needs a chief operating officer.
CEO Dan Starks told investors that he is not aware of any specific problems at St. Jude’s manufacturing plant in California, but said the company could receive a warning letter from regulators after the plant’s ongoing inspection is complete.
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CEO Dan Starks told investors that he is not aware of any specific problems at St. Jude’s manufacturing plant in California, but said the company could receive a warning letter from regulators after the plant’s ongoing inspection is complete.
Thom Pham’s Wondrous Azian Kitchen has closed; meanwhile, two quick-service restaurant chains—Corner Bakery Café and Popeyes Louisiana Kitchen—are expanding in Minnesota.
Individuals who can benefit from the grants include former workers of General Mills, Delta Air Lines, Medtronic, and Best Buy.
T-Chek Systems, which initially focused on customers in the trucking industry, has since branched into the financial services sector; C.H. Robinson CEO John Wiehoff said the payment services industry “continues to consolidate and evolve” and that it was the “right time” for a sale.
The announcement—which St. Paul Mayor Chris Coleman said is “in the interest of transparency”—comes five days after the Taxpayers League of Minnesota filed a lawsuit to halt construction of the $54 million stadium, claiming a violation of public bidding procedure.
Northill Capital didn’t reveal the financial terms of the deal but said its investment represents approximately 58 percent of Riverbridge’s equity.
The company announced its intent to purchase a 26.4 percent stake in LifeTech Scientific Corporation—a move that comes about two weeks after it agreed to buy another China-based medical device maker.
In response to strong third-quarter earnings, UnitedHealth Group raised its 2012 earnings forecast.
Summit Brewing Company, Fitger’s Brewhouse, and Minneapolis Town Hall Brewery each took home a medal from this year’s Great American Beer Festival.
With the help of a grant from the Bill & Melinda Gates Foundation and The William and Flora Hewlett Foundation, a new Minneapolis school aiming to breed entrepreneurs will open in August 2013.
The company will pay about $1.7 billion in cash and issue roughly 8 million shares of its stock for Champion Technologies, which offers products and services to the oil and gas industry.
The best opportunities for networking this month.
Minnesota ranks fifth among all states in terms of ethanol production capacity—and every dollar invested in building ethanol plants within the state between 1990 and 2011 generated $8.13 for the state’s economy.
Weber succeeds Scott Christian, who abruptly resigned in June after about a year on the job; the leadership transition comes at a time when XRS is shifting away from onboard fleet-management systems and toward the use of mobile devices.
Despite huge crowds and a few broken glasses, the annual Zombie Pub Crawl is no nightmare for bar owners.
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