Minnetonka-based First Minnesota Bank will acquire the assets of 1st Regents Bank in Andover, which was shuttered by regulators.
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Best Buy is once again among the group of advertisers that have bought a coveted Super Bowl spot; Target, meanwhile, has launched a mobile game meant to help promote products for game-day parties.
The newly renovated common areas at 3M’s Maplewood headquarters feature wide-open spaces and glass-enclosed meeting areas to reflect a modern workspace.
The partnership will give the restaurant chain marketing and promotional rights to all 89 of the NCAA championships.
Minnesota employers added 9,100 jobs last month following strong job growth in November.
The Business Roundtable, which counts among its members CEOs who head Minnesota companies, is calling for a gradual increase in both the Social Security retirement age and the Medicare eligibility age.
Barbara Kaye Rechtzigel, former senior operations manager at Minnwest Bank in Marshall, embezzled money for her personal use, primarily to pay off shopping debts.
Bradley Slawson Sr., and his son, Bradley Slawson Jr., could reportedly be ordered to repay tens of thousands of dollars and banished from the union.
Despite the recent sales and earnings increases, Fastenal’s pace of growth has slowed compared to 2010 and 2011.
Fortune’s annual list is based on employee surveys, which include questions about job satisfaction, pay and benefits, and hiring practices.
The nominee, B. Todd Jones, has been acting director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, where Jones has been acting director since September 2011.
Infor’s current lease at Lawson Commons is set to expire in mid-2015, and a spokesman said the company always explores its options when a lease is up for renewal but added that Infor’s need for physical space in St. Paul has diminished.
Net income climbed 5.2 percent as revenue rose modestly in the fourth quarter, closing out a strong year for the bank-holding company.
Shares of Christopher & Banks’ stock climbed on news that the retailer—which is in the midst of a major turnaround effort—has raised its fourth-quarter outlook.
Winmark Corporation, which has been growing recently thanks to its fast-growing Plato’s Closet women’s clothing resale franchise, will soon launch another similar concept.
The Kresge Foundation, led by former McKnight Foundation President Rip Rapson, unveiled a 50-year blueprint for Detroit and pledged $150 million to help revitalize the ailing city.
The local positions include 104 financial representatives and 202 financial representative interns, and those hired to fill them will work out of one of two Twin Cities offices.
The company previously said it expected to receive such a letter from regulators following the inspection of a manufacturing facility in California.