Ponds in Minnesota's Iron Range that were created from water-filled pit mines could be used to harness wind energy and better integrate it into Minnesota's power grid, according to new research.
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The U of M reportedly found that university surgeon David Polly violated its conflict-of-interest rules by failing to disclose his paid relationship with Medtronic on three occasions, but the school is not taking any disciplinary action against him.
The Minneapolis-based bank selected three winners in a youth video contest-including top-prize winner "Save Song," which features a rap performed by "Young Muny & Lil Savings."
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.
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.
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.
The school received a $250,000 grant from Wells Fargo & Company that will sponsor the research of study consumer behavior associated with the adoption of "green" technologies.
The struggling retailer has hired a new president for a one-year term, and disappointing third-quarter results have led it to suspend its dividend.
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.
The council said it will provide cities with grants to support high-density, mixed-use developments along train and bus routes.
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.
MarketWatch studied 102 of the nation's largest cities to gauge their "ability to support a strong business environment."
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.
The affected employees work in the company's Marshall and Bloomington offices.
Deerfield, Illinois-based Baxter International has agreed to buy St. Paul-based Synovis Life Technologies for $325 million-a deal that was unanimously approved by Synovis' board.
The retailer reportedly said that 2,400 employees in technology services and 1,500 contractors will move out of downtown Minneapolis to its campus in Brooklyn Park.