Silence is golden, especially in today’s global/mobile world
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Year-to-date, the number of new business filings in Minnesota is up 16 percent from the same period last year.
ATM Network’s 25 employees have joined Cardtronics, and its Minnetonka headquarters will become Cardtronics’ Midwest hub.
Minnesota’s solicitor general said 3M waited until “shortly after incriminating testimony” to file a motion to disqualify the state’s legal representation; 3M fired back, saying the firm has a conflict of interest.
CEO Greg Page said that “cyclical trends” in the global soybean processing and North American beef industries led to decreased margins in two of Cargill’s operations.
Richard Schulze has reportedly recruited KKR & Company, Leonard Green & Partners, TPG Capital, and Apollo Global Management to help bankroll his proposed buyout.
The partnership between Target and Best Buy, which owns the Geek Squad, is part of a pilot program through which one Minneapolis store and all 28 Denver-area stores will feature Geek Squad tech experts and services.
Larsen Cooperative has approved a merger with CHS, which is expected to be completed in September.
Analysts reportedly say that Schulze’s efforts to reclaim the company with a team of Best Buy veterans could put the current board on the defensive and lead it to hire a chief executive who has more prominence in the retail sector than Interim CEO G. “Mike” Mikan.
Five years from now, Minnesota will be the second-best state to live in, behind only Utah, according to a recent national poll.
A recent study found that low levels of education among Minnesota’s immigrants, many of whom entered the country as refugees, has raised the poverty rate.
A new report by UnitedHealthcare found that most seniors expect their quality of life to remain consistent or improve during the coming decade—but many are financially unprepared.
Duluth-based Cirrus Aircraft will produce airframe components for ICON Aircraft’s light sport planes, which can take off and land on water or conventional runways.
Fitch Ratings and Standard & Poor’s both downgraded their credit ratings for Best Buy, saying that a buyout by founder Richard Schulze would add significant debt.
LCH Pavement Consultants, which Target hired in 2009 to oversee parking lot repairs and maintenance across the country, allegedly conspired with several other companies to inflate and fix prices, misrepresent work being done, and distribute kickbacks.
Current CEO Wayne Fortun will take over as chairman following co-founder Jeffrey Green’s retirement from the position.