While some experts have given the company high marks and praised it for taking a bold tack, others argue that the board was too lenient and should have taken a harsher approach.
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An independent investigation found that Best Buy's ex-CEO Brian Dunn violated company policy by engaging in a close personal relationship with a female employee-and that Chairman and founder Richard Schulze "acted inappropriately" when he failed to notify the company's audit committee after learning about allegations of such a relationship.
According to the Star Tribune, the electronics retailer is exploring whether some of its top leaders improperly withheld information from its board and whether former CEO Brian Dunn used company-leased aircraft in connection with a relationship he's alleged to have had with a female subordinate.
Inge Thulin, who on Tuesday became chairman of 3M, said he aims to grow 3M to a $50 billion company.
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Inge Thulin, who on Tuesday became chairman of 3M, said he aims to grow 3M to a $50 billion company.
Based on their annual revenue growth rates over a five-year period, Minneapolis-based Atomic Data, Dero, and On-Demand Services Group made a list of the fastest-growing businesses that are located within core urban areas in the United States.
Stephen Clough, a former owner of Shakopee-based pump manufacturer Gamma Vacuum, pleaded guilty to failing to pay nearly $1 million in federal income and employment taxes that were withheld from workers.
The House-Senate conference committee's revised bill was passed by the House early Thursday morning and subsequently approved by the Senate Thursday afternoon.
Chicago Mayor Rahm Emanuel has asked Minnesota Attorney General Lori Swanson to rein in her probe of Accretive Health, but she is moving forward with the investigation.
NorthStar Asset Management, the firm that introduced the proposal, said that the outcome of the vote allows it to pursue the topic again at next year's annual meeting-a road that it "very well may take."
The top-ranking local company is Minnetonka-based UnitedHealth Group, Inc., which didn't move from its 22nd-place ranking on last year's list; however, 14 of the 19 Minnesota companies on the list fell in ranking from last year-some substantially.
Paul Finkelstein, who in February exited the role of CEO at Regis, has now stepped down from his position as chairman and left the company's board earlier than planned.
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The Downtown Council chose Mark Stenglein because he can raise money and manage coalitions among fractious politicians.
The case for mentors in leadership development.
How centers and institutes fit into business and management education in the Twin Cities.
The Twin Cities offers an abundance of superb public courses.
The best opportunities for networking this month.
NorthStar Asset Management says Ecolab's political contributions are inconsistent with its stated values; shareholders will vote Thursday on a proposal under which they would weigh in on anticipated contributions before they are made.