The new brand, called Essential Everyday, will roll out in phases starting this summer; it's expected to save on packaging costs and increase store-brand sales by 1 percent over each of the next three years.
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Techne said that the acquisition of chemical supplier Tocris will expand its product portfolio; meanwhile, Techne's third-quarter earnings dropped 4 percent but still topped analysts' expectations.
Block E owner Alatus claims that the development would generate about $125 million in annual gaming tax revenue for the state and create more than 2,400 jobs. But a state law currently prohibits casinos outside of Native American reservations, and the Minneapolis mayor says he opposes more gambling in Minnesota.
A representative for Teva Pharmaceutical Industries, which is buying Cima Labs' parent company Cephalon for $6.8 billion, said it is too early to comment on future plans for the combined organization.
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."
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.
The city is funding 15 small businesses through its Great Streets Neighborhood Business District program.
A report by a city task force focuses on how to achieve three levels of sustainability-economic, social, and environmental-for future development of the Ford plant site.
Target wants a preliminary injunction against a Canadian company that owns 15 Target Apparel stores in Canada; meanwhile, the Canadian company alleges trademark infringement and wants exclusive rights to the Target name.
Best Buy and Target ranked further down the list-although the report indicates that both companies' reputations have improved during the past year.
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.
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.
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.
Although the state's unemployment insurance fund hit a record $772 million deficit last month, it will be reduced in the next few days by about $440 million that will be collected from employers.
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."
The Minneapolis-based energy giant said that EnXco gave back its $101 million deposit following the termination of an agreement for a wind farm in North Dakota.