Bob Walker stands accused of raising $43 million from about 1,800 investors while lying to them about compensation received by company officers, misstating the capability of the company's alternative energy technologies, and falsely leading them
The Central Corridor Funders Collaborative has awarded millions of dollars in grants to support economic development around the Central Corridor light-rail line, and it will enter 2012 with about $5 million available to invest.
Eden Prairie resident Robert Grogan developed a smartphone application that finds property rights, solar energy potential, and oil and gas lease statuses for entrepreneurs looking to develop new forms of energy.
The Minneapolis Fed predicts faster-than-average employment growth of 2.8 percent in Minnesota next year and anticipates that the state's unemployment rate will fall below 6.5 percent; meanwhile, Minnesota is expected to return to pre-recession employment
Vikings owner Zygi Wilf reportedly met recently with key political leaders and displayed maps showing how a new stadium might fit at two different Minneapolis sites. Governor Mark Dayton, meanwhile, sent letters Thursday to Ramsey
Lois M. Martin, whose career spans 26 years, left Capella at the end of 2010 after spending six years there; in her new role, she'll be responsible for corporate-wide financial strategy, management, and reporting.
The two new mutual funds-one of which is currently available for investment and another that's set to launch sometime this quarter-mark the hedge fund managers' first products available to individual investors.
Brian Dunn acknowledged some of Best Buy's shortcomings but refuted the idea that the company may gradually be going out of business. Comments from online readers, however, echoed some of the complaints made by critics-namely,
The Minnesota Vikings claim that building at the Metrodome site would cost $67 million more than previously estimated by Minneapolis officials. Leaders from the Basilica of St. Mary, meanwhile, are expressing concerns about the possibility
Jon Davis, who has worked at family-owned Davisco since the age of 14, most recently served as chief operating officer for all Davisco manufacturing operations; his father, Mark Davis, will remain chairman of the company's
In addition to the usual big-name suspects, a handful of other Minnesota companies will unveil revolutionary new offerings ranging from a first-of-its-kind content delivery platform to a smartphone case that only covers the phone's four
The state and the Metropolitan Council sued 3M, alleging that chemicals manufactured by the company have caused environmental damage-and 3M has filed a counterclaim, which argues that the Met Council dumps chemicals into the river
In an effort to get unemployed Minnesotans back to work, Governor Mark Dayton proposed tax credits for businesses that are hiring, a $775 million bonding bill to help companies improve their infrastructure, and additional funding
The Eden Prairie-based company says its name change incorporates its broad focus on technology, its global expansion, and a changing marketplace that values cutting-edge technology and personalized service.
The retailer will begin featuring products from five shops in early May under a new concept called "The Shops at Target"; separately, the company confirmed plans to test mini-Apple stores within 25 Target stores later
Brian Dunn's public response to criticism by the media triggered a barrage of additional criticism from readers. He's now responded to those comments, describing them as "candid and informative-exactly what we look for when we
Shari Ballard has been named president of Best Buy's international business, and Mike Vitelli will serve as president of the electronic retailer's U.S. operations. Ballard and Vitelli formerly shared responsibilities for Best Buy's domestic business.
Later this year, furniture and home design retailer Arhaus, footwear provider Marmi, and Allure Intimate Apparel will set up shop at the upscale mall in Edina; meanwhile, three retailers will leave and several others will
The founders of Minneapolis-based start-up My Wonderful Life-which offers an online service that allows users to plan their own funeral-will present their business plan to a group of potential investors on ABC's Shark Tank.
The DriveScribe mobile application blocks incoming calls, e-mails, and text messages while a vehicle is in operation; provides voice commands; and calculates a "safe driving score" after each trip; among other functions.
The restaurant operator also filed a reorganization plan that includes eliminating its $245 million of outstanding debt and closing 81 "underperforming" restaurants; the company expects to complete the restructuring process and exit bankruptcy protection within
The governor appears to favor the Linden Avenue site near the Basilica of St. Mary, although he believes all three of the front-runner proposals have problems that could prevent a stadium proposal from receiving legislative
Shortly after finalizing its purchase of Nalco Holding Company, Ecolab said that it's embarking on a restructuring and cost-saving effort that will result in pre-tax special charges of $480 million over the next couple of
Chanhassen-based Snap Fitness said that it recently acquired Kosama Complete Body Transformation, which franchises clubs that offer instructor-led fitness classes that do not use cardio or weight machines.
The Minneapolis-based retailer said that "it is not in its best interests to finalize a transaction at this time" but plans to re-engage in discussions with a limited number of potential partners later this year.