While Minneapolis-based Target was one of the first retailers to oppose a proposed $7.5 billion settlement in a major antitrust dispute involving credit-card processing fees charged to merchants, Eden Prairie-based Supervalu is among those that support it.
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New business filings for the first three quarters of 2012 totaled 47,069, compared to 39,977 for the same period in 2011.
A labor agreement affecting 13,000 CenturyLink employees, including about 1,800 in Minnesota, expired Saturday night, but the company and the unions representing the workers have extended the contract while negotiations continue.
The 3M Streaming Projector, which comes equipped with a thumb drive-like device called the Roku Stick, allows users to project streaming content from sources like Netflix.
Minnetonka-based UnitedHealth Group has agreed to acquire a majority stake in a Brazil-based health care company that operates roughly 70 hospitals and clinics and whose insurance covers more than 5 million people.
General Mills ranked 47th and Target ranked 78th on Forbes’ list, which based its rankings on a combination of each brand’s value and perception among consumers.
The company, which plans to hire roughly 15 employees in the near term, outgrew its space in the Fifth Street Towers and has relocated to the Campbell Mithun Tower in downtown Minneapolis.
The announcement comes a month after the companies vowed to address regulators’ concerns that the deal would lead to unfair competition and said they were committed to making it happen.
The company said that it has entered into an amended employment agreement with CEO and President Joel Waller, who has agreed to continue in those roles until March 31.
The restructuring comes about seven months after CEO Inge Thulin took the helm and two days after the company agreed to acquire industrial ceramics maker Ceradyne.
The retailer, which reported a same-store sales jump of 2.1 percent last month, said that its decision to stop releasing monthly sales figures will “provide greater understanding of our sales results in the context of our overall financial performance.”
The renovated 8.8-acre site is expected to house a commercial kitchen and a produce and fish farm—and it is among the locations being considered by St. Paul’s Flat Earth Brewing Company, which is looking for a larger space.
Travelers passing through the local airport now have access to free wireless Internet—including occasional advertisements—or a premium $2.95 service, which offers ad-free service at faster speeds.
Scott Durchslag will lead Best Buy’s website and e-commerce initiatives as the company attempts to turn itself around and its founder works on a private takeover attempt.
According to new data, Wells Fargo holds 43 percent of bank deposits in Minnesota—up from its 30.5 percent share last year and nearly double the 22.5 percent share held by local competitor U.S. Bank.
The White House has decided to fast-track the federal permitting and environmental review process for the Southwest Corridor light-rail line.
Xcel wanted to phase out the program, which has provided $15 million in subsidies to roughly 560 homeowners and businesses since it began in 2010, but Minnesota regulators ordered that the company continue its support of the state’s growing solar industry.
Additional company executives made appearances on American Banker magazine’s 25 “women to watch” ranking and its list of top banking teams.