latest articles

Mpls. Fed Sees Sunny Outlook for MN in 2012

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.

Voyager Bank in Legal Battle With Ousted CEO

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.

U of M: Surgeon Violated Disclosure Rules

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.