The electronics giant also revealed its compensation package for interim CEO G. “Mike” Mikan, who will be considered for the permanent CEO spot; the package includes an annual base salary of $1.1 million—and a $2.2 million payment that he’ll receive in lieu of participating in Best Buy’s short-term incentive plan.
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Though the last few years have been tough on numerous marketing firms, they turned out to be a boom time for Bloomington-based Morsekode. And the agency has the video to
Some experts have praised Best Buy’s handling of the recent scandal involving its former CEO, while others have said the company didn’t go far enough. Many respondents to a Twin Cities Business survey, meanwhile, said that the actions of company’s chairman didn’t merit him exiting his position.
The cluttered racks, the Nice Ride stations, and the stylized bikes painted on city streets all attest to the well-publicized fact that the Twin Cities has become a focal point
Bahram Akradi, Douglas Baker Jr., Richard Davis, Curtis Sampson, and Sally Smith join 67 other business leaders who were previously inducted.
We asked several local bankers what their small and midsized business clients should know about forming a better working relationship with them. How can businesses get the most out of
Bill George argues that passage of the amendment would make it difficult for Minnesota companies to recruit and retain the talented people required to build global companies.
What employees don’t understand about their health plans and what to do about it.
Ryan Robinson, chief financial officer of Best Buy’s U.S. operations, is the latest top-ranking official to leave the company, which on Tuesday reported better-than-expected first-quarter revenue and adjusted earnings.
We were told that food trucks would provide culinarians without trust funds an opportunity to bring great tastes to the masses free from the oppressive up-front costs or overhead of
The new jobs in downtown Duluth will be professional positions, including engineers and safety specialists.
When the beef long rib comes to the table at Butcher and the Boar, it’s like the appearance of the Thanksgiving turkey: The table gets quiet and some people suppress
Jamie Rice is the latest appointment to the Eagan-based insurer’s executive team, which has recently seen a series of departures.
Price paid last July by a Bloomington man for a baseball signed by then-betrothed, now divorcing Kris Humphries and Kim Kardashian at Target Field. The Twins auctioned the ball on
A senior vice president with the Federal Reserve Bank of Minneapolis told Minnesota Public Radio that the state’s banks are almost past the crisis period that began during the financial meltdown.
Minneapolis skyway walkers have been intrigued with an airy storefront at LaSalle Plaza called Mashup, promising “Music+Love” on the door. But it’s not a dating service. The space is home
General Mills to Cut 850 Jobs, Roughly 425 in MN
Spire Federal Credit Union’s annual meetings used to be run of the mill. Not anymore. For the past two years, Spire has given $25 in cash to each person who