The Pioneer Press reports that the Minnesota Department of Revenue and the IRS, which have identified tax liabilities dating back to 2004, are asking for $2.5 million in ill-gotten assets being controlled by receiver Doug Kelley.
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A report by the Pioneer Press provides a summary of each of the defendants from the Tom Petters and Denny Hecker scandals-including where they are today, and for many, when they're expected to be released from prison.
John Shroyer will leave ATK next month to become CFO at Capsugel-a health-care company based in Peapack, New Jersey.
The country's food industry released a new plan to self-regulate the products that it markets to children, but those plans are reportedly less stringent than recommended guidelines from the federal government.
The company, Resource Development International, develops and delivers online higher-education programs across the U.K.; its 2010 fiscal-year revenue totaled about $13.9 million, and Capella's CEO sees it as a business with "significant opportunity for long-term growth."
CEO Joe Grillo said that the sale of the Destron Fearing Corporation subsidiary will allow the company to operate its remaining business "with improved balance sheet liquidity and virtually debt-free."
The City of St. Paul ranked 24th on GQ's recently released list of the 40 worst-dressed cities in the country.
City Running Tours has entered Minneapolis and offers an outdoor, educational alternative to the monotonous treadmill. It's targeting both locals and tourists-and through a partnership with the Westin, it's aiming to attract business travelers.
Minneapolis officials warned citizens that three events will bring about 60,000 people to downtown on Friday evening.
While some Minnesotans worried that Cirrus' acquisition by a Chinese company could result in the elimination of Duluth jobs, both the acquiring company's leaders and the City of Duluth have reportedly pledged to support the business-and keep its operations in the northern Minnesota town.
The company reportedly expects the acquisition to add $1.2 billion to its annual revenue-marking a 41 percent boost in sales for the company's international division.
Stefan Schulz, who has served as Lawson Software's CFO since January 2010, will assume the same position at e-commerce solutions provider Digital River.
The company reportedly gave layoff notices to some workers on Wednesday, although it isn't disclosing how many or where they're located.
There is still a lot of work that needs to be done at the Metrodome in Minneapolis-including determining whether the turf needs to be replaced-before a planned open house on August 20.
After being dropped by the History channel and passed over by numerous cable networks, The Kennedys brought in more than 2 million viewers per episode when it aired in the United States on ReelzChannel in April.
The deal gives Regis "controlling interest in the partnership" with Roosters, which has 35 franchised salons in 15 states and plans to open 40 more salons by the end of next June.