Altec HiLine is awaiting approval for a $250,000 forgivable loan from the state that would aid its planned $1 million expansion in Duluth.
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7000 Sandell Condominiums’ homeowners association and property managers will pay $40,000 to settle allegations that they violated the Fair Housing Act.
The executive board of a union representing about 13,000 U.S. CenturyLink employees has authorized setting a strike date, although negotiations with the company continue.
The University of St. Thomas board of trustees elected Julie Sullivan as the successor to Dennis Dease, who will retire June 30 after 22 years as president of the university.
The company’s fourth-quarter profits jumped nearly 400 percent, driving shares of its stock to close Wednesday at a record high of $52.82.
Stan Gadek is being replaced on an interim basis by Vice President and General Counsel John Fredericksen.
State officials say the bill would add an average of $72 per student in fiscal year 2014 and an average $339 increase per student in fiscal year 2015.
Because Minnesota receives so little federal funding, the direct impact of the sequester here would be limited.
The Wall Street Journal, citing unnamed sources, reported that Richard Schulze is weighing the idea of lining up investors to take a minority stake in Best Buy, rather than moving forward with a private takeover.
The struggling data storage company, which reported a fourth-quarter loss of $310.2 million, said it is in the midst of a strategy to turn itself around, which includes previously-announced plans to cut 20 percent of its global work force.
However, the number of foreclosures is still three times higher than in 2005; meanwhile home sales in January jumped 11 percent year-over-year.
Edwards Jones Mortgage, LLC, a joint venture between Wells Fargo and investment firm Edward Jones, will close next month.
A lawsuit that Attorney General Lori Swanson filed last month alleges that the company and its leader failed to deliver and maintain operational systems to farmers who invested in them and failed to make good on promised sales and revenue projections.
Enhanced buses would operate with pre-boarding payment and access through any door to speed up exit and entry at stops.
The military was mostly absent from Inauguration Day festivities.
The Mayo Clinic’s request for state financial support needs further thought.