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UnitedHealth Gets 2nd Chance at $17B Gov’t Contract

Following a formal protest launched by UnitedHealth, the U.S. military's health-care program has agreed re-open the bidding process for a $17 million contract that was previously awarded to Phoenix-based TriWest Healthcare Alliance Corporation.

3M Ranks as Most Reputable Big Co. in MN

Golden Valley-based General Mills and Minneapolis-based Target Corporation also ranked within the top 25 on a Forbes list that measured the perceptions of consumers regarding the 150 largest companies in the country.

State: Cut Xcel’s Proposed Rate Increase by 54%

Xcel said that it needs to raise electricity rates by $198 million over the next two years to cover the cost of nuclear power plant and other upgrades, but the state contends that the company has overestimated its costs.

1,030 Early Retirees Could Save State $46.7M

A recently released Minnesota Management and Budget report indicates that more than 1,000 state employees accepted an early retirement offer in 2010, which will save the state an estimated $46.7 million over three years.