Investors claim to have lost $400 million on securities bought through Ameriprise subsidiary Securities America; an unnamed "source familiar with Ameriprise's thinking" told Reuters that the company might let the unit go under instead of bailing it out of millions in legal claims.
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Under the agreement, Best Buy will offer 4G services to its customers via LightSquared's wireless network, beginning with a trial during the company's first quarter.
The Minnesota Legislature is considering a bill that would clarify the role of real estate agents in assigning home values-and make a greater distinction between their "broker price opinions" and assessments made by appraisers.
Oladipo Sowunmi Coker reportedly left the United States in December and hasn't returned since; numerous search warrants have been filed within the past two weeks in connection with the charges that Coker faces.
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Oladipo Sowunmi Coker reportedly left the United States in December and hasn't returned since; numerous search warrants have been filed within the past two weeks in connection with the charges that Coker faces.
The new technology, developed at the University of Minnesota, will be used to treat atherosclerosis, and it could potentially also be used to treat cancer.
Federal prosecutors have charged a local man for allegedly lying to investigators and for hiding assets that belonged to convicted Ponzi schemer Trevor Cook.
The city approved a $1.9 million loan to a nonprofit neighborhood development organization that aims to attract commercial tenants to the complex, which also includes plans for 220 affordable rental housing units.
The Minneapolis Marriott Southwest hopes to offer a local getaway for Twin Cities-area couples and families while at the same time boosting its weekend occupancy rate.
Data from the 2010 census shows that Minneapolis' population is down 40 people since 2000, although there has been some population growth in the suburbs and other parts of the state.
While the jobless rate among white Minnesotans was 6.4 percent in 2010, the jobless rate among black residents was 22 percent-more than three times higher.
The City of Oakdale has agreed to purchase the vacant Oakdale Mall for $6.9 million, and construction on a $30 million redevelopment project will begin early next year.
Best Buy's top executive told Bloomberg that the company plans to shift to an "everyday pricing" model.
The company is the first in Minnesota to join the National Salt Reduction Initiative, a public-private partnership aimed at reducing salt levels in processed and restaurant foods.
The Minnesota Twins franchise has increased in value by 21 percent since last year, representing the second-largest percent increase among all Major League Baseball teams.
15 leaders achieving through innovation.
The Minneapolis-based retailer offers an exclusive, deluxe version of Jennifer Hudson's new album, I Remember Me.
The company means to feed its development side by positioning more of its concepts for sale. The upshot: Parasole will double its number of restaurants in the next five years.
Where efficiency trumps effectiveness, no one wins—not customers, not companies.
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