My Dinh Lam and Ashley Elizabeth Prasil each pleaded guilty to a single count of conspiracy to commit wire fraud in conjunction a scheme to defraud mortgage lenders through the marketing of Cloud 9 Sky Flats development-a Minnetonka condo project of bankrupt St. Paul developer Jerry Trooien.

Artis Real Estate Investment Trust is purchasing an office building-605 Waterford Park-in Plymouth and a portfolio of five shopping centers in the Twin Cities for a combined $53.3 million.

A new rule, which stems from the 2010 health-care overhaul, states that any rate hikes of 10 percent or more must be reviewed by regulators. An association representing health plans says that focusing on premiums rather than the factors that drive medical costs won't benefit consumers.

The Vikings are reportedly open to changes in their deal with Ramsey County, specifically regarding how the stadium would be operated. An unrelated media report examines the necessary cleanup-and its price tag-of the contaminated Arden Hills site.

The Star Tribune, citing "two people familiar with the case," said that the two parties settled last month for $45 million; Opus West had accused its parent company of siphoning tens of millions of dollars and causing its demise.

Joseph Anthony Graziola, III, a 36-year-old man from Glenmills, Pennsylvania, faced up to 20 years in prison for bilking $900,000 from Best Buy through his shipping company, American Same Day Service.

A regulatory filing indicates that a U.S. Bancorp executive sold 106,700 shares of common stock at an average price of $25.40 after having paid the option price of $21.93 per share.

Based on 3M's Wednesday stock closing price of $93.94, the sale of the shares would be worth $32.9 million.

A key lawmaker involved in the Vikings stadium plans is reportedly considering introducing two bills-one for the Vikings-backed Arden Hills plan and one for the downtown Minneapolis proposal.

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.

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.