In order to balance its budget this year and reduce expenses for the upcoming fiscal year, the Minneapolis Institute of Arts (MIA) has cut 10 positions from its staff. The

Fallen auto mogul Denny Hecker may not have escaped charges that he defrauded Chrysler Financial Services and other lenders of millions of dollars, but it seems he won't face charges

Minneapolis-based ad agency Olson earlier this week signed a long-term lease to occupy 125,000 square feet of space in the soon-to-be renovated Ford Center, an 11-story building located in Minneapolis'

Restaurant Technologies, Inc. (RTI), an Eagan-based cooking oil management company, on Wednesday announced that it has been sold to a European private equity firm. Guernsey-based EQT Infrastructure signed a definitive

Little Canada-based St. Jude Medical announced Wednesday that its first-quarter earnings declined slightly, largely due to a decrease of international sales in Japan and costs related to the company's acquisition

The Tom Petters saga continues to unravel, as three men from Florida have been charged for securities fraud related to the marketing of a hedge fund's investments in Petters Company,

Panchero's Mexican Grill is the latest company to vacate the Block E development in downtown Minneapolis-and it's a move that was rumored to be the decision of the development's new

Polaris Industries, Inc., said Thursday that it will keep almost 10 percent of the jobs at its Osceola, Wisconsin manufacturing facility-which it previously intended to shutter. The Medina-based recreational vehicle

Minneapolis-based U.S. Bancorp on Tuesday reported first-quarter earnings of $1.05 billion, or 52 cents per share-marking a 56 percent jump over the same period one year ago. Analysts polled by

Duluth-based CW Technology has acquired St. Cloud-based phone systems provider Innovative Telecom Solutions (ITS)-a move that will add 60 clients to its roster of 320. Financial terms of the acquisition,

Vadnais Heights-based industrial adhesive manufacturer H.B. Fuller has acquired a small Ohio-based adhesive maker, the company announced on Monday. Financial terms of the sale were not disclosed. Liquid Polymer Corporation,

Canby-based Outland Renewable Services has received six citations for safety violations after a technician at a wind farm was severely burned in October, the U.S. Department of Labor's Occupational Safety

Federal funding that will cover nearly half the cost of the Central Corridor light-rail transit project is close to becoming a reality. According to the Pioneer Press, St. Paul Mayor

Allina Hospitals & Clinics has started work on a project that has been on its radar for about 10 years-a consolidated central medical laboratory. Construction began last month on the

A commercial real estate trade organization, a taxpayer association, and the state's largest business group are launching an effort to reform the way public governments in Minnesota create their budgets

A former employee of Minneapolis-based Allianz Life Insurance Company on Monday pleaded guilty to embezzling roughly $400,000 from her employer over the course of two years, Minnesota's U.S. Attorney's office

The Federal Deposit Insurance Corporation (FDIC) on Friday announced that six banks were closed by federal regulators-including Rosemont National Bank, which is based in Rosemont. The bank was closed by

Ohio-based discount retailer Big Lots is reportedly expanding in the Twin Cities and will open three new stores by the end of the year. According to the Star Tribune, Big