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St. Paul OK’s Plans for Retail Center, Pawn Shop

The developer of a proposed retail development asked for an exception to a rule that requires "alternative financial establishments" to be located at least 1,320 feet apart. The city's planning commission on Friday approved the request, allowing the project to move forward.

MN Bankers’ Suits Allege Death Threats and Extortion

David Grzan claims his longtime employer and business partner created a hostile work environment and threatened his family, among many other accusations. In a countersuit, Steven Liefschultz, CEO of Equity Bank, says Grzan filed his lawsuit in order to defame and extort him.

Reports: Ameriprise Reaches $150M-$180M Settlement

Both Reuters and The New York Times reported that Minneapolis-based Ameriprise and its brokerage subsidiary have reached a preliminary agreement to settle claims from investors who lost money when two private placements they bought turned out to be frauds.