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For-profit or nonprofit, there’s more than one way to do good. Getting set up as a B corporation may be the smart play.
A bankruptcy court approved The Dolan Company’s reorganization plan, and the company agreed to pay about $3.2 million to a trust designed to benefit stockholders.
The retailer’s profits grew even as same-store sales dipped; shares of the company’s stock climbed on the news.
Steele Fitness is further expanding its gym membership program and plans for five to seven new gym locations by the end of the year.
A two-person committee appointed by the med-tech giant concluded that allegations against Medtronic’s leaders are “without merit”; it’s now seeking dismissal of shareholder lawsuits.
The Loose-Wiles Building quickly went from vacant to 94 percent full in Minneapolis’ fast-growing North Loop neighborhood.
Brad Maiorino, who has overseen information security at General Motors and General Electric, will join Target in the newly formed chief information security officer role.
Longtime 3M employee Nicholas Gangestad is replacing David Meline, who had served as the company’s chief financial officer since 2011.
Dean Riesen left the company on Friday after serving as a board director since 2003 and chairman since 2011.
The 70 semifinalists move to the next round of the annual competition, with $300,000 in prizes up for grabs.
The company declined to comment on a report that said a deal is likely in the works.
Employees from U.S. Bancorp, Ecolab, and Thrivent were named to Fortune’s “Heroes of the 500” list, which recognizes acts of charity and courage.
But a new report also found that the number of jobs held by baby boomers is growing at a faster rate, in both the Twin Cities and nationwide.
Although Bloomberg reported that the potential deal is still in its early stages, if the acquisition occurs, it could result in Medtronic relocating its legal headquarters to London.
Saunders took the Timberwolves to all eight of its total playoff appearances in his former role as head coach from 1995 to 2005.