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Institutional Shareholder Services has recommended that Regis shareholders vote in favor of Starboard Value's board nominees-but Regis says "the firm reached the wrong conclusion," and "this is not the time to disrupt the execution of the changes that are under way at Regis."
A former Cargill biotechnologist reportedly pleaded guilty to stealing proprietary information from the company and passing it back to competitors in China.
Hurricane Grill & Wings decided to expand into Minnesota and build new locations in three other states "after seeing unprecedented growth throughout the year."
Kenneth Hasse admitted to defrauding investors out of $8 million to finance his company, ConServe Corporation.
Kathryn Correia will succeed longtime HealthEast leader Tim Hanson, who will retire in January.
The state shed about 7,400 jobs in September, but Minnesota employers have added 27,700 jobs in the past year, and the unemployment rate dropped 0.3 percent.
Minneapolis ranked 13th out of 15 major U.S. cities in a new "small business vitality" list due to a sharp decline in market share among the city's independent retail shops and dining establishments.
At a free speaker series at the University of St. Thomas, executives from General Mills, Target, Best Buy, and 3M will discuss where real-world practices and academic theories meet.
Salmonella from organic eggs that came from an Owatonna farm were sold at grocery stores and co-ops throughout the Twin Cities; the eggs have sickened at least six people.
Shareholders of Renaissance Learning, Inc., accepted a $455 million offer from a company formed by a European private equity firm rather than Plato's latest $496 million bid-but the decision has prompted some lawsuits.
The company says that repositioning some of its top executives will allow it to better manage four key areas-corporate development, enterprise risk management, lending, and funding.
Among the United States' 10 largest cooperative businesses based on 2010 revenue, four are headquartered in Minnesota.
Through the national Partners in Preservation program, which grants money to historic sites, the cathedral will receive $110,000 to make interior repairs; another $890,000 will be given out next month to some of 24 other historic sites that competed alongside the basilica in an online contest.
In an attempt to boost revenues, the St. Louis Park-based restaurant operator will add seating to four of its locations-including two in the Twin Cities.