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.
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Minneapolis-based First Green Partners will make initial investments of $500,000 to $10 million in emerging technologies-and then up to $100 million in single businesses as they commercialize.
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.
The university said that a new initiative-called Minnesota Innovation Partnership-will help eliminate prolonged negotiations with businesses over rights to research that they sponsor at the university.
A three-judge Eighth U.S. Circuit Court of Appeals panel on Friday reportedly ruled that Petters wasn't denied access to a full defense of his case, that jury instructions were appropriate, and that his sentence was within the discretion of U.S. District Court Judge Richard Kyle.
St. Paul-based Ecolab, which completed its purchase of Nalco Holding Company a week ago and announced on Monday that it bought Italian company Esoform, said it has acquired another company-a Brazil-based pest elimination business.
The trustee handling Denny Hecker's bankruptcy case is reportedly on the hunt for more hidden assets. Hecker's wife, meanwhile, has been released from prison and is in some form of supervised custody.
The acquisition will expand Mankato-based HickoryTech's fiber-network footprint in the Fargo area.
In an effort to do something festive for guests staying during the holiday season, the Kahler Grand Hotel in Rochester made a 16-foot-tall gingerbread house that contains more than 4,000 pounds of edible gingerbread.
The Minnetonka-based company struck a deal to be acquired by California-based SuccessFactors-a human resources software vendor that is being acquired by German company SAP.
The funding will be used to prepare small businesses to begin exporting to foreign markets or explore opportunities in new foreign markets.
Plymouth-based Mosaic reached an out-of-court settlement with Potash Corporation of Saskatchewan; under the terms of the agreement, Mosaic's contract to supply the company with potash will expire at the end of 2012.
A dozen digital billboards around the city will alert passers-by about snow emergencies starting this winter.
The state ranks eighth for smoking and ninth for violent crime rate, both of which have shown improvement over the past decade, but the percent of residents who are obese and have diabetes have increased.