The Small Company Capital Formation Act of 2011-which will amend the Securities Act of 1933 and exempt small companies from certain rules when completing an initial public offering-is reportedly expected to clear the Financial Services Committee this year.

Lawn Solutions Commercial Products makes aerators, seeders, power rakes, and brush cutters-all of which are new product categories for the Bloomington-based maker of turf maintenance equipment.

Aria CV has licensed technology that was developed by former members of the U's Medical Devices Center Innovation Fellows Program to treat pulmonary hypertension.

The Canada-based trust is continuing its buying spree in the Twin Cities market with the $5.8 million purchase of the Plymouth Corporate Campus.

As the date approaches for Lawson's shareholders to vote on the company's pending $2 billion takeover, the company announced that it is settling eight shareholder lawsuits.

Richard Carter McComb allegedly failed to file individual income tax returns in Minnesota for tax years 2007 through 2009 and now faces six felony tax charges; Life Link III said that it will continue to operate as usual and that the investigation surrounding McComb doesn't involve it.

Under a settlement with the National Labor Relations Board, Regis is required to post notices and play a DVD at its stores informing workers of their right to union representation.

A federal court judge in Canada dismissed an injunction request by the Minneapolis-based retailer; the request aimed to prevent a Canadian company that owns 15 Target Apparel retail stores from using the Target name until a trademark trial that's set to begin next year.

Attorneys for United Kingdom-based private equity firm Porton Capital and its CEO described 3M's allegations of blackmail as a "false and reckless . . . publicity stunt disguised as a lawsuit."

Two computer hackers from Latvia were arrested in connection with a $2 million scam that involved a phony ad on the Star Tribune's Web site, through which they distributed malicious software.

Two former officers of a local failed bank and one of their customers were indicted Wednesday for allegedly participating in a multimillion dollar check-kiting scheme.

Two Minnesota residents and two Wisconsin residents were charged with racketeering due to their alleged participation in a multimillion-dollar mortgage scheme that targeted homes in foreclosure.

Governor Dayton and two leading Republican legislators reportedly plan to lock themselves in a room this weekend until they're able to make some progress toward a state budget solution.

The Minnesota Idea Open is partnering with Pentair to offer $15,000 to help implement a solution for addressing the state's water issues.

Target and several other Minnesota companies sponsor a consortium of top-ranked U.S. business schools that promotes diversity in American business; at an upcoming four-day consortium event in Minneapolis, they'll be scoping out the best and the brightest.

A foam and burlap house that looks like a giant mushroom just sold for $170,000 after being vacant for several years and on the market since August 2010; although there was considerable interest in the home, it was impossible to finance and required an all-cash deal.