An organization aimed at attracting businesses to the Twin Cities has hired Gene Goddard to coordinate new business investment projects.

A media report suggests that Minneapolis might bid to host the 2020 Olympics, but a spokesman for the city said he's unaware of any efforts to attract the games.

Ramsey County District Court Chief Judge Kathleen Gearin ruled Wednesday that certain core or essential government services will continue to operate if a state budget deal is not reached by midnight on Thursday, forcing the government to shutdown.

The majority of Lawson Software's shareholders approved the company's sale to Infor, a deal through which they will receive $11.25 per share.

A review of studies surrounding a controversial Medtronic product revealed that researchers with financial ties to the company didn't report adverse effects in patients who received the product, according to a new report.

Gains in exports to Asia and Canada drove the state's exports to record levels.

The grant will fund training and counseling services for North Minneapolis entrepreneurs and businesses.

Just off Minneapolis' bike highway, Midtown Greenway, local start-up Bike Fixtation has installed a self-service kiosk, complete with bike parts, tools, and snacks.

A TCF Bank spokesman said that the bank is disappointed that it lost its appeal and said that the banking industry will need to make up for lost profits-likely at the cost of consumers.

The Minneapolis-St. Paul metro area received high marks for its educated work force but fared poorly with respect to the cost of doing business and job growth.

Canterbury Park in Shakopee has moved up two races that were scheduled for this weekend to ensure that the races are completed before the possible state shutdown.

Michael Joseph Krzyzaniak, who already served time in federal prison for his role in an investment scam, pleaded guilty Tuesday to one count of wire fraud and one count of income tax evasion in relation to a recent scheme.

The Minneapolis-based utility and its Colorado subsidiary were reportedly acquitted of criminal charges related to the deaths of five workers at a Colorado hydroelectric plant.

The Minnesota Department of Employment and Economic Development reported that 160 Minnesota employees were affected by Boston Scientific's layoffs earlier this year.

Onetime-International Dairy Queen CEO Chuck Mooty and his cousin, Paul Mooty, have told Faribault officials that they are interested in buying the facility and reopening it as a woolen mill-but the current owner wants the City of Faribault to forgive $72,000 in utility bills first.

The Minneapolis Fed expects a continued moderate economic recovery in the Upper Midwest during the next year and a half, with Minnesota experiencing some job growth and a decline in unemployment.