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The retailer has reportedly informed an undisclosed number of customers that, due to overwhelming demand, their orders from BestBuy.com will not be filled in time for Christmas.
Bob Walker stands accused of raising $43 million from about 1,800 investors while lying to them about compensation received by company officers, misstating the capability of the company's alternative energy technologies, and falsely leading them to believe that he planned to take the company public.
The Central Corridor Funders Collaborative has awarded millions of dollars in grants to support economic development around the Central Corridor light-rail line, and it will enter 2012 with about $5 million available to invest.
The Vadnais Heights-based company expects its annual revenue will grow by about 47 percent following the acquisition.
Eden Prairie resident Robert Grogan developed a smartphone application that finds property rights, solar energy potential, and oil and gas lease statuses for entrepreneurs looking to develop new forms of energy.
Maple Grove-based Lutonix-which developed a drug-coated balloon to treat narrowed arteries-has been sold to New Jersey-based C.R. Bard.
Following the deal, the terms of which were not disclosed, Garritan will become a wholly owned subsidiary of MakeMusic.
The Minneapolis Fed predicts faster-than-average employment growth of 2.8 percent in Minnesota next year and anticipates that the state's unemployment rate will fall below 6.5 percent; meanwhile, Minnesota is expected to return to pre-recession employment levels by the first quarter of 2013.
A U.S. Bancorp unit bought credit card assets from FIA Card Services, N.A., a subsidiary of Bank of America.
The Eden Prairie-based bank reportedly accused former CEO Tim Owens of bilking the company out of nearly $15 million in personal loans, while Owens claims that the company encouraged him to borrow money to buy its shares and that he was wrongfully terminated.
Blinc Publishing is a local pioneer in the use of "analog" printing and graphic design. Target, for one, digs the look.
Software developer Warecorp unites offshoring with a social entrepreneurial focus.
Changes that go to its very core appear to hold the greatest promise yet for this struggling 3M spin-off.
Minneapolis Mayor R.T. Rybak explores his decade in office in an exclusive Q&A with editor Dale Kurschner.