Little Canada-based St. Jude will have the exclusive option to pay an additional $375 million to acquire CardioMEMS later on.

The nonprofit ended its 2010 fiscal year with a projected deficit of between $200,000 and $400,000 as donations fell nearly 5 percent from the previous year.

The company recalled the meat following an investigation that found that it was the likely source of bacterial strain E. coli O26-a strain that sickened two people in Maine and one in New York.

The closure comes as Cargill realigns its Canadian operations and expands a processing facility in Guelph, Ontario.

A TCF customer is accusing the bank of charging her when she did not overdraw her account and failing to properly disclose its overdraft fees.

The hospital system has named an interim CEO to replace David Cress, whose suspension will last indefinitely.

Mark W. Sheffert, chairman and CEO of Manchester Companies, Inc., and Robert Munzenrider-who has held top positions at St. Jude Medical, Inc., and Apogee, Inc.-will join the reconstituted board; meanwhile, K. James Ehlen, Paula R. Skjefte, and John C. Penn have resigned their seats.

David Cress, who has been with North Memorial Health Care since 1982, was arrested Wednesday and faces a misdemeanor prostitution charge.

Two law enforcement agencies will use Rimage's new video surveillance solutions and associated services to export, distribute, and archive digital evidence.

Wellington Management is not disclosing the terms of the pending deal, which includes a 459,000-square-foot office building.

Chairman, President, and CEO Gregg Steinhafel noted that strong back-to-school and back-to-college sales fueled the increases.

The agreement, reached Wednesday, calls for a plan to protect university research facilities from vibration and electromagnetic interference related to the Central Corridor light-rail transit project.