latest articles

Allianz Life: CEO Promoted, New CEO Named

Chief Administrative Officer Walter White will become the company's new president and CEO on January 1; he succeeds Gary C. Bhojwani, who was promoted to chairman of Allianz Life and will assume responsibility for its U.S. insurance operations on the executive leadership team of its global parent company.

Bixby Energy Admits to Fraud, Gets Deal

U.S. Attorney B. Todd Jones applauded Bixby for demonstrating "true corporate responsibility" and said that it "serves as a fine example for other companies" after it admitted to defrauding investors of up to $7 million and agreed to cooperate with a government investigation into its former leaders and employees; in exchange, Bixby won't be prosecuted.

Buffalo Wild Wings Tests iPad Ordering System

At one of its Canada locations, Buffalo Wild Wings is trying out a system that allows customers to place orders and pay for their meals using restaurant-owned iPads; the company plans to implement a similar system at its Elk River location in January.

Downtown Council Pitches Ambitious Plans for Mpls.

The Downtown Council, in conjunction with local business leaders, has a plan to boost downtown Minneapolis' residential population, revitalize Nicollet Avenue, build a "downtown sports district," develop a new park, and more.

MN Unemployment Hits Lowest Rate Since 2008

Despite the dropping unemployment rate, state officials say the state continues to shed jobs, and the conflicting indicators make it difficult to draw clear conclusions about Minnesota's labor market.

Securian Promotes EVP Hilger to President

Company Chairman and CEO Robert L. Senkler said that preparing internal candidates to take on greater responsibility is part of the company's culture-and Christopher Hilger's transition to president has been in the works for the past few years.

Medtronic Pays $23.5M to Settle Kickback Allegations

The U.S. Department of Justice accused the Fridley-based medical device giant of using two post-market studies and two device registries to pay physicians fees ranging from $1,000 to $2,000 for each patient that they implanted with one of the company's pacemakers or defibrillators.