A couple of local firms that provide services related to mergers and acquisitions say that the market is heating up-and they're gearing up to accommodate the additional demand.
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Fridley-based Medtronic worked with Ford Motor Company to develop a prototype system that connects Ford's Sync technology to a Medtronic glucose-monitoring device.
The state lost more than 5,000 jobs in April, but the unemployment rate fell slightly during the month, due in part to revised March figures.
The acquisition is the company's first since it went public in April 2010-and it will boost clients, support, and research and development efforts.
The University of Minnesota selected Minnetonka-based Medica from a pool of five candidates to be its sole health plan administrator.
According to MPR, the University of Minnesota Law School could become one of a few public law schools in the nation that don't receive state funding.
The U.S. Department of Defense is expanding its partnership with Minneapolis-based U.S. Bank, a move that the bank says could save the military nearly $23 million a year.
The food manufacturer will pay 810 million euros, or about $1.15 billion, for a 51 percent controlling interest in the yogurt maker.
The Internet giant claims that it generated $1 billion in economic activity within the state in 2010 through 28,000 Minnesota businesses, Web site publishers, and nonprofits.
The Wayzata-based bank holding company is giving the incentive to new customers after they complete 10 checking account transactions.
Richard Kelly, who has spent the past four decades with Xcel and its predecessors, will leave in August-at which point Benjamin G.S. Fowke III will take the reins.
During the first quarter of this year, major Target shareholder William Ackman-who runs hedge fund Pershing Square Capital Management, LP-sold all of his 7.4 million shares in the company.
Inge G. Thulin was appointed to the newly created position of executive vice president and chief operating officer-prompting speculation that he's in line to succeed CEO George Buckley, whose contract expires in February; a 3M spokeswoman said Thulin is among a "wide range of candidates" under consideration for the CEO position. />
A group of eight to 10 top executives from local companies reportedly have banded together and hired a lobbyist to help shape the outcome of the stadium debate-although they don't yet appear to be backing a specific proposal or site.
Page Productions, a Plymouth-based company that created and produces the Food Network's Diners, Drive-ins, and Dives, claims that the Food Network breached its contract.
In addition to a long list of new full-service eateries-many of which are backed by local food stars like Andrew Zimmern and Doug Flicker-the airport will add a "virtual newsstand" where travelers can rent an iPad and download content to enjoy during flights.