latest articles

Report: Ameriprise Unit Close to $50M Settlement

A preliminary agreement that was reportedly reached comes about a week after rumors that Ameriprise would let subsidiary Securities America fail rather than paying millions in legal claims made by investors who lost money through the unit.

Real Estate Closer Must Pay $420K for $1.3M Fraud

Through her company Strand Closing Services, Cynthia Strand allegedly misappropriated funds for her own personal use; the fine she must pay is among the largest that the Minnesota Department of Commerce has ever imposed on an individual.

Amid Worries, Cirrus CEO Says Sale Will Save Jobs

Minnesota's Republican Representative Chip Cravaack worries that the pending sale of Cirrus Aircraft to a Chinese government-controlled company will mean local job losses-but Cirrus CEO Brent Wouters said the deal will actually save jobs within the state.