The new initiative, which aims to connect emerging companies with angel investors, hopes to raise $700,000 to cover operating costs and "keep the administrative cost for companies and investors low."

Michael Langley will take the helm at a new public-private partnership aimed at branding the Twin Cities and bolstering economic development-and taxpayers won't contribute to his undisclosed salary.

The recreational vehicle manufacturer said $13.6 million of its 2010 profits will be doled out to employees-a record amount for the company.

According to Forbes, local retailer Best Buy might give each member of its sales team an iPad as part of its "Connected Store" pilot program.

Jason "Bo" Alan Beckman-an associate of convicted Ponzi schemer Trevor Cook-was charged Monday for his role in bilking investors out of $194 million.

The company claims that of the almost $52 million in costs that it incurred for debit-card transactions that took place between August 1, 2009 and July 30, 2010, it would have recovered only $22.7 million under the new rules proposed by the Federal Reserve.

The U.S. Patent and Trademark Office is looking into opening regional patent offices across the country, and U.S. Senator Amy Klobuchar wants the Twin Cities to be considered as a site for one of them.

The company said that it is "financially sound" but was pulled into a joint bankruptcy filing by its struggling sister company MK Network, LLC.

The state ranked 10th in an annual list based on LEED-certified buildings per capita.

Of Fortune's 50 most admired companies, four call Minnesota home.

Larry Isaak, who was just named president of Capella University in August, is leaving to "pursue other opportunities."

Approval from the Minnesota Public Utilities Commission is one of the final steps toward closing the $10.6 billion merger, which the companies plan to do in April.

Wireless messaging and communications services provider USA Mobility snatched up Amcom, which hit $51 million in 2010 revenues.

The trustee handling the airline's bankruptcy estate says that he expects to receive a letter of intent from a proposed buyer sometime soon.

The curtains, which were sold exclusively at Target stores and on its Web site, are being recalled after three injuries were reported.