At the Walker Art Center
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At Mill City Nights
Celebrate the holidays with your favorite clients in one of the Twin Cities’ delightfully private dining rooms.
The best opportunities for networking this month
The company said that its 26 percent drop in quarterly profits was due to $245 million in litigation expenses and the impact of foreign currency rates.
Best Buy’s stock price dropped as the company confirmed its expected decrease in quarterly earnings and same-store sales; meanwhile, founder Richard Schulze and CEO Hubert Joly will reportedly meet this week.
Pinkberry is the latest in a series of frozen yogurt shops to spring up in the Twin Cities—although, with more than 175 locations in 17 countries, it’s among the largest to establish a presence here.
A Target employee just delivered a petition with more than 250,000 signatures to Target’s corporate headquarters and wants the retailer to reconsider its plan to open stores on Thanksgiving; but Target claims that many employees wanted to work on the holiday and that hundreds of stores have lists of volunteers waiting for shifts to open up.
A group of investors seeks to take control of Aetrium’s board; at a special meeting scheduled for later this month, the company is urging shareholders to vote against the proposed removal of its existing board.
A study by the Tax Foundation estimates that a Minnesota household earning $87,319 would pay an estimated $4,382 more in taxes in 2013 than they did in 2011, if Congress is unable to avert the so-called “fiscal cliff.”
Dorsey & Whitney Managing Partner Marianne Short is leaving the firm at the end of this year to join UnitedHealth Group as chief legal officer.
The Austin-based company is rumored to be eyeing Hillshire Brands Company, whose brands include Jimmy Dean sausages, Ball Park hot dogs, and Sara Lee.
The Cleveland-based company will idle two of the four production lines at its Northshore operations in Minnesota while also reducing iron ore production elsewhere; the company said the changes are meant to “align with expected sales volumes.”
The site was reportedly down for about an hour on Monday morning, and some customers got stuck online waiting for purchases to go through.
An annual study found that Twin Cities residents plan to spend $773 per household on holiday gifts this year, up from $703 last year.
Knowledge Marketing, Outsell, and SPS Commerce made Deloitte’s annual ranking, which is based on revenue growth over the past five years.
A new lawsuit reportedly accuses the bank of turning a blind eye to Tom Petters’ fraud; BMO Harris Bank, which acquired M&I, denies the claims.
Tornier Chief Operating Officer David Mowry has been named interim CEO, replacing Douglas Kohrs, who has led the company since 2006.