In the span of only a few months, the Maplewood-based company announced plans for investments and acquisitions that together exceed $2 billion-and it has set aside between $2 billion and $3 billion for mergers and acquisitions in 2011.
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Eight of the state's 100 largest public companies were sold this year, representing a substantial increase from last year when just two were acquired.
Pleased with a pilot program that sold health and fitness products in select stores, the electronics retailer rolled out the concept nationally.
Community National Bank in Lino Lakes has been closed by regulators, and its two branches have reopened as branches of Iowa-based Farmers & Merchants Savings Bank.
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Community National Bank in Lino Lakes has been closed by regulators, and its two branches have reopened as branches of Iowa-based Farmers & Merchants Savings Bank.
Once the deal closes, Franconia's principal assets in northeastern Minnesota will be transferred to Twin Metals Minnesota, LLC-a joint venture between Duluth Metals and Antofagasta, PLC, a copper mining company.
Willliam A. Hawkins intends to step down at the end of April; the company has begun an external search for his replacement.
Minnesota was one of only six states that saw accelerating growth in personal income in the third quarter as overall national growth slowed.
Digital Telecommunications, Inc., which filed for bankruptcy protection in August, attributes its decision to close to an ongoing dispute with Qwest Communications International, Inc.
Financial terms of the deal, which includes two locations, were not disclosed.
A new Federal Reserve Board proposal would implement provisions in the recently passed Wall Street Reform Act-provisions that prompted Wayzata-based TCF to file a lawsuit in October.
The Minneapolis native is remembered for his contributions to the business, philanthropic, and academic communities.
The Federal Bureau of Investigation is seeking information from consumers who believe they've been improperly billed by Alternate Billing Corporation or any of its affiliated companies.
Roger Coombs pleaded guilty in August to one count of soliciting and agreeing to take a $9,700 bribe in exchange for reducing the tax bills of two Minnesota business owners.
The Minneapolis-St. Paul metro area lost 3,800 jobs in the technology industry during the recession.
However, the Federal Reserve Bank of Minneapolis expects Minnesota to be the only state in the region that won't see a year-over-year increase in the rate of employment growth.
The Minneapolis-based marketing company has donated a total of $5,000 to the five charities that have generated the most tweets over the past five days.
Toronto-based BMO Financial Group will pay $7.75 per share for M&I, notably higher than Thursday's $5.79 closing price, in a deal that's expected to close before July 31, 2011.
Calhoun Square's expansion was approved by the Minneapolis Planning Commission without any conditions for future development into a mixed-use building.
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