News of the extension sent the e-commerce giant's stock up 5.3 percent Wednesday to close at $15.71.
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Subodh Kulkarni, who guided Imation's efforts to shift its focus back to data storage, will leave the company by the end of June to pursue other interests.
Stephen Clough, a former owner of Shakopee-based pump manufacturer Gamma Vacuum, pleaded guilty to failing to pay nearly $1 million in federal income and employment taxes that were withheld from workers.
The House-Senate conference committee's revised bill was passed by the House early Thursday morning and subsequently approved by the Senate Thursday afternoon.
Chicago Mayor Rahm Emanuel has asked Minnesota Attorney General Lori Swanson to rein in her probe of Accretive Health, but she is moving forward with the investigation.
St. Paul could compete with other cities for a portion of a $50 million pot to pay for a regional ballpark in Lowertown; meanwhile, supporters of the Southwest Corridor Light Rail Line say the project risks losing federal support without a state contribution.
H.B. Fuller has agreed to sell its paints unit, which is based in Central America, to a Colombia-based company so that it can focus on its adhesives business.
The Minnesota House passed the Vikings stadium bill in a 73-58 vote on Monday but included a series of amendments-including one that a Vikings spokesman called "not workable." The Senate began debating the stadium bill early Tuesday afternoon.
Career website Glassdoor compiled a list of companies offering the 20 highest-rated internship programs in the country based on survey responses from current and former interns-and Target ranked 15th.
The Microsoft co-founder's investment vehicles already own 10.8 percent of Ecolab, but the St. Paul-based company amended its stockholder rights plan to allow the entities to acquire up to one-fourth of the company's outstanding shares.
NorthStar Asset Management, the firm that introduced the proposal, said that the outcome of the vote allows it to pursue the topic again at next year's annual meeting-a road that it "very well may take."
The top-ranking local company is Minnetonka-based UnitedHealth Group, Inc., which didn't move from its 22nd-place ranking on last year's list; however, 14 of the 19 Minnesota companies on the list fell in ranking from last year-some substantially.
The upgrade, which will increase the mill's production capacity, will also help retain jobs in St. Paul, according to the Minnesota Chamber of Commerce.
Wyoming-based Great Lakes Airlines, which recently reentered the Minneapolis-St. Paul International Airport, will fly to 14 destinations from the Twin Cities by the end of the year.
Dave Deno-who served as chief financial officer of Best Buy's international division and as president of its Asia region-has left the company to become executive vice president and chief financial officer of OSI Restaurant Partners.
Funds are being distributed to victims of Trevor Cook's Ponzi scheme, but a recent clerical error resulted in some investors receiving more money than they were supposed to-and until they return the extra funds, assets won't be distributed to other victims who were underpaid.