Investment funds that together lost $165 million in Tom Petters' massive fraud scheme sought repayment of their losses, but the Supreme Court rejected an appeal that challenged a federal judge's order denying restitution.

British Consul General Robert Chatterton Dickson called 3M's CEO "a leader in the American and Midwestern business community for decades."

The local agency's multi-faceted advertising campaign for Pentair includes a "WaterCam," which displays a live feed of Twins fans-who appear to be under water.

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.

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.

U.S. District Judge David Doty said that E-Shops Corporation's lawsuit was missing key information to back up its claims that it lost money as a result of U.S. Bank concealing a breach of its data.

Job resource Web site Monster.com indicated that industries to watch locally include health care (practitioners as well as technical and support workers), business and financial, and information technology (IT).

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.

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.

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.

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.

Robert Atkinson has been tight-lipped about details surrounding a multi-channel network that he says is in the works, but ESPN's founding chairman has joined the network's executive team.

The Bloomington-based parts and accessories distributor received one report of a carrier rack bracket breaking while a rider was on a bike-which resulted in minor cuts.

The state is reportedly required to issue severance payments and cash for unused time off to the 36,000 employees that could be laid off under a government shutdown this summer-which will cost the state millions.

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 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.