Derheim replaces cofounder Luke Bucklin, who was killed in a plane accident late last month.

The education system said that the one-time "performance payments" recognize progress made toward its goals, but a local union representing some of its employees said that the system's trustees are "ignoring the system's budget crunch."

The company's administrative and light-industrial segment will retain the Pro Staff brand, and its other three business lines are called Digital People Creative and Marketing, Hunter Hamilton Finance and Accounting, and Ware Technology Services.

A recent study found that that are large disparities in Minneapolis' contracting and procurement activity, and wage and earnings for minority- and women-owned businesses.

The FDIC recently issued consent orders to St. Francis-based Village Bank, Wyoming-based Patriot Bank Minnesota, and Tracy-based Minnwest Bank South.

The company's fiscal 2011 per-share expectation of between $2.46 and $2.48 falls short of analyst expectations of $2.49 per share.

The magazine took home five gold awards at the Minnesota Magazine & Publishing Association's annual awards event on Thursday.

The new Minnetonka location will mark the third Whole Foods store in the Twin Cities area, and the company previously announced plans to open a store in Edina by the end of 2012.

Artis Real Estate Investment Trust reportedly plans to buy an entire 25-building portfolio in the area, which will make it one of the Twin Cities' largest industrial landlords.

The company posted an improved net loss and a 20 percent increase in revenue.

The average domestic fare originating from the Minneapolis-St. Paul International Airport was $393 in the second quarter of 2010-marking the second-highest jump among the nation's 100-largest airports.

The restaurant, which is owned by Tim McKee and Josh Thoma, has had financial difficulties due to a decrease in sales and corporate events.

Same-store sales were up 1.7 percent last month, beating the 1.5 percent predicted by Wall Street analysts.

The popular smart phone will be available at 846 Target stores-those that include Target Mobile centers.

The company wants to increase rates by a total of $198 million, or about 7.4 percent, effective in 2012.