Peter Hutchinson, who has served as president of the St. Paul-based foundation since 2007, will step down this month but will continue to serve in an advisory role for select projects.
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Accounting firm Eide Bailly-which provided professional services to two of Tom Petters' business entities-has asserted in a lawsuit that it is not liable for any damages, but Petters receiver Doug Kelley says otherwise.
Jon Davis, who has worked at family-owned Davisco since the age of 14, most recently served as chief operating officer for all Davisco manufacturing operations; his father, Mark Davis, will remain chairman of the company's board.
The U.S. Department of Agriculture said that its plan to shutter 259 offices in the United States and seven foreign offices will cut annual costs by about $150 million.
For snow-removal companies, outdoor recreation retailers, and other businesses that rely on snowmobile or winter tourism, the unseasonably mild winter is taking a toll.
According to Advertising Age, Target's split with its lead ad agency Wieden & Kennedy stems from the October departure of Michael Francis, Target's former chief marketing officer.
The Minnetonka-based company said it is partnering with three companies that offer health related mobile technologies-CareSpeak Communications, Fitbit, and Lose It!
In addition to the usual big-name suspects, a handful of other Minnesota companies will unveil revolutionary new offerings ranging from a first-of-its-kind content delivery platform to a smartphone case that only covers the phone's four corners to foam earphones.
Brian Dunn acknowledged some of Best Buy's shortcomings but refuted the idea that the company may gradually be going out of business. Comments from online readers, however, echoed some of the complaints made by critics-namely, that of poor customer service.
Scott Kinney, who has served as president of two Thomson Reuters divisions-West Education Group and FindLaw-will become president of Capella University January 17.
The combined firm, which will be called EB Wipfli, LLP, is expected to have more than $314 million in revenue and serve more than 70,000 clients.
The manufacturing giant introduced 100 new products in the first half of its 2012 fiscal year and plans to introduce roughly 50 more before the fiscal year ends in late May.
An estimated 38.9 million tons of iron pellets were produced by the state's mining operations in 2011, up from 35.1 million tons in 2010 and up dramatically from 17.1 million tons in 2009.
Little Canada-based St. Jude Medical said it plans to make a three-story, 275,000-square-foot addition to its Plymouth site-which will more than double the current 205,000-square-foot facility.
Same-store sales rose 1.6 percent, below the company's own expectations and analyst predictions, prompting the retailer to lower its earnings guidance for the fiscal fourth quarter.
According to Mpls.St.Paul magazine Senior Editor Allison Kaplan, Zara and Topshop are among likely new tenants.