latest articles

Congress Investigates Medtronic Contract Terminations

Senate Finance Committee Chairman Max Baucus seeks information about the medical device giant's decision to cancel contracts with at least two group-purchasing organizations, saying that "reports that this move was fueled by an attempt to discourage transparency and increase costs are troubling."

LarsonAllen Buys 64-Person Florida CPA Firm

A principal of the Minneapolis-based accounting firm said that the acquisition will expand its industry specialization within the southern state-and that the two firms together will make up one of Florida's largest government audit practices.

4 Cos. Pledge $13M Investment in Mpls. Schools

Target, Cargill, General Mills, and Medtronic will collectively provide $13 million to Minneapolis Public Schools over the next three years-money that will help the district cope with an expected state funding shortage of up to $27 million.

Brave New Workshop Pays $725K for Downtown Bldg.

The theater company plans to keep its longstanding and current home at 2605 Hennepin Avenue in Uptown; its classes will continue to be offered from that location while the comedy revues and custom business offerings will be housed within the just-bought downtown building.

MN Student Wins Nat’l Scholarship for Phone Apps

Rohit Agrawal is one of five high school students who received a scholarship from the 2011 NFIB Young Entrepreneur Award program, which is designed to reward and encourage entrepreneurial talents among high school students.

Thrivent Sues Lenders Over Mortgage-Backed Securities

Thrivent claims that Countrywide Financial-which merged with Bank of America-and GMAC Mortgage perpetuated a "massive fraud"; meanwhile, Bank of America says Thrivent is "looking to blame someone for investment losses incurred during a period of economic downturn."