After assuming control of local advertising sales, production, and distribution for the satirical newspaper, the publisher of the Pioneer Press has discontinued production of The Onion in the Twin Cities.
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The recently damaged mill’s future remains uncertain as owner Verso Paper Corporation is still assessing the costs and the processes that would be required if it were to repair the mill.
About a week after Farley’s & Sathers completed its merger with Ferrara Pan Candy Company, the combined business announced plans to shutter facilities in Minnesota and Tennessee, resulting in an unspecified number of layoffs.
Best Buy’s bylaws now require that an investor own at least 25 percent of the company’s stock in order to call a special meeting related to a “change of control”; founder Richard Schulze and entities that he controls own 21.2 percent.
The City of Minneapolis spent $467,139 on staff and contract lobbyists last year, the most of any local government in the state.
The Human Life Value Calculator iPad app gives users a range of their economic value based on current income and debt, as well as expected lifetime earning capacity—and Securian says it might make users “think twice about their life insurance coverage.”
Kirk Nielsen, who will serve as the sole investment professional in Versant Ventures’ local office, said his firm believes that the Twin Cities constitute “a great place to build companies, and our opening of an office there is a sign of our long-term commitment to the region.”
In her position as an accounts-payable supervisor, Cynthia Carol Jacobsen allegedly created a phony vendor account in the name of her daughter and authorized payments to the daughter between 2008 and May 15 of this year.
General Electric Capital Corporation, Fredrikson & Byron, and the John T. Petters Foundation will collectively pay nearly $34 million to settle clawback lawsuits filed by bankruptcy trustee Doug Kelley.
The short list of possible sites for the brewery include two in Minneapolis, one in Brooklyn Center, and a fourth in an unnamed “inner suburban” location.
The 212,000-square-foot office building would house approximately half of Xcel Energy’s 1,500 downtown Minneapolis employees; the other half would work at Xcel’s current headquarters across the street.
Maplewood-based 3M said the acquisition of Federal Signal Technologies Group will expand its traffic products business.
The American Swedish Institute in Minneapolis has asked the comedian to take control of its Twitter account in the days leading up to the opening of its new Nelson Cultural Center.
Joseph Steven Meyer and other co-conspirators allegedly defrauded mortgage lenders in conjunction with a condo project of bankrupt St. Paul developer Jerry Trooien, who has not been charged.
G. Mike Mikan said at the company’s annual meeting that Best Buy aims to curb the practice of “showrooming,” provide better customer experience, reduce its retail footprint, and focus on return on investments.
It’s important to remember that even our most esteemed leaders can make mistakes. And when they do, it’s crucial that corporate responsibility and business principles be properly administered.