U.S. Bankruptcy Judge Nancy Dreher on Thursday reportedly approved Jerry Trooien's reorganization plan through which creditors will receive about $7.7 million-a fraction of the $90 million that is owed to them.
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Twin Cities Rise! is one of 15 semifinalists selected from a pool of roughly 900 entries. It's recognized for its pay-for-performance model, through which the organization receives funding in exchange for meeting benchmarks and tracking participant success.
But surprisingly, wealth concentration bears no relation to average growth within an economy, researchers found.
Business leaders from across Minnesota are showing signs of confidence in their own operations,
Think of Velolet as a rental car company, but for bikes.
The second annual Minnesota Idea Open tackles issues of water quality, inviting the public
Regional winners from Minnesota, Wisconsin, and the Dakotas.
Jason Bo-Alan Beckman, 41, of Plymouth; Gerald Joseph Durand, 60, of Faribault; and conservative radio show host Patrick Kiley, 73, of Burnsville allegedly worked with Cook to defraud investors through what they marketed as a foreign currency trading program.
The company-which resumed operations on Thursday-is looking at ways to make up the estimated $3 million that it lost during the government shutdown, including adding races, extending the racing season, and rescheduling Fourth of July festivities.
Kieran Folliard has reportedly sold his stake in Kieran's Irish Pub, The Local, Cooper, and the Liffey.
Although Minnesota's unemployment rate increased slightly to 6.7 percent in June, it is still well below the national rate of 9.2 percent.
Frank Vennes, who allegedly served as one of Tom Petters' primary fundraisers and was indicted in April, now faces several new charges. James Fry, a fund manager from Minnesota, also faces fraud charges.
The Little Canada-based medical device company experienced a decline in U.S. sales within its cardiac rhythm management division during the second quarter; moving that division's manufacturing to Puerto Rico and Malaysia is expected to cut costs.
The Davis family, Minnesotans who own Cambria Holdings and Davisco Foods, purchased the airline, which emerged from bankruptcy in February. An attorney representing the trustee in the Petters bankruptcy case, who oversaw the transaction, said that the involved parties sought to keep the price confidential, and declined to disclose the sales price.
Company executives joined First Lady Michelle Obama on Wednesday at the White House to outline efforts to fight childhood obesity; Supervalu estimates that its new stores will provide better access to fresh fruit, vegetables, and meat for 3.75 million people and create up to 6,000 new jobs.
The Federal Reserve claims that Wells Fargo Financial employees steered potential prime borrowers into more costly subprime loans and falsified income information in mortgage applications.