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.
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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.
Gregg Lehman, who has served as interim CEO at the St. Paul-based company since May, will serve as the company's top executive on a permanent basis.
Governor Mark Dayton reportedly signed a 10-inch stack of bills that will eliminate the state's $5 billion budget deficit and put 22,000 laid-off employees back to work.
The deal is valued at $8.1 billion, which includes $2.7 billion in Nalco net debt, and Ecolab sees it as an opportunity to focus on growing its presence in the water-management market.
Johns Hopkins Hospital nabbed the top spot on U.S. News and World Report's "honor roll" for best hospitals, which includes just 17 hospitals from across the country. Several other Minnesota hospitals were recognized in individual categories.
Best Buy will sell and install the OnStar FMV, allowing owners of non-GM vehicles to access OnStar's services, including roadside assistance and automatic crash response.
Jon Jason Greco admitted that he lied to investigators last summer about money and coins that he stashed in a Mall of America locker; but, according to the Star Tribune, he insisted in court on Monday that he didn't know they belonged to Ponzi scheme operator Trevor Cook.
The airline company said that it is losing $14 million per year because of 24 underperforming markets, including five in Minnesota.
Digital Intelligence Systems Corporation said that it intends to fill approximately 80 positions in its consulting, internal sales, recruiting, and support personnel teams with the opening of a new Minneapolis office.
Ramsey County District Court Judge Kathleen Gearin reportedly denied the Minnesota Licensed Beverage Association's request to have the state continue processing liquor purchasing cards.
During the state shutdown, the Commerce Department isn't processing licenses and renewals for some real estate professionals-which is leaving some without work and keeping new agents from entering the field. And an extended shutdown would have a much larger impact, which could be felt by homeowners and prospective buyers.
Unique viewers now total between 8.5 million and 9 million-up substantially from about 3 million in January; on the success of The Kennedys miniseries, which debuted in April, ReelzChannel CEO Stan Hubbard plans to bring more miniseries to the network in the coming months.
Governor Mark Dayton and legislative leaders signed an agreement Tuesday morning outlining the terms of a special session to complete the budget.
Thousands of the bank's employees are testing a MasterCard-branded wristband that stores customers' financial information and can be used to make payments; the wristband also stores emergency contact and medical information.