latest articles

EnXco Wants to Settle Suit With Xcel Over Wind Farm

EnXco's Merricourt Wind Project recently received final approval from the North Dakota Public Service Commission-but in order to move forward with the project, the company needs Xcel to settle a lawsuit and resume its contract for the project.

Felhaber Buys St. Paul Law Firm

Rosene, Haugrud & Staab brings five employees to Felhaber, Larson, Fenlon & Vogt's practice, including three lawyers who will join the firm's employee benefits group.

Report: St. Paul Company Raided by Commerce Dept.

The St. Paul offices of BeneVento Capital, which analyzes life insurance policies for clients, were reportedly raided on Wednesday by investigators from the Minnesota Commerce Department's insurance fraud division.

Two Men Sentenced in Investment Fraud Scheme

Mark Sutton and Joseph Finney each received prison sentences for enticing investors to buy shares in an investment dubbed "Envestclub," which they said offered high returns. But they didn't disclose that they were taking portions of investors' funds as commission.

Who’s Betting on the Lawson Acquisition?

As shareholders prepare to vote on the proposed acquisition of Lawson Software, recent market activity indicates that investors have attempted to profit from the deal in a variety of ways-sometimes successfully, sometimes not.

5,132 MN Nonprofits Lose Tax-Exempt Status

The Minnesota Council of Nonprofits said that the bulk of Minnesota nonprofits that recently lost federal tax-exempt status are defunct; those that are active but failed to meet new reporting requirements can reapply to have their statuses reinstated.

Best Buy’s Patel Left for Venture Capital Firm

Kal Patel recently left his executive posts at Best Buy to become a partner at VantagePoint Capital Partners-where he will help expand global investments by the venture capital firm and lead initiatives involving "strategic partners," including Best Buy.

Cargill CEO Pushes for South Korea Free Trade Agmt.

Cargill is invested in numerous U.S. businesses that export directly to South Korea, and the trade agreement awaiting ratification "is critical from both an economic and agricultural industry standpoint," according to Cargill Chairman and CEO Greg Page.

DNR Mineral Leases Rejected for First Time in 29 Yrs.

A council that includes Governor Mark Dayton and other state leaders reportedly sent back 77 mineral lease packages to the Department of Natural Resources, stating that the agency hadn't taken sufficient measures to notify landowners of interest in mining under their land.