Once-prominent Twin Cities restaurateur Dean Vlahos listed $45,812 in assets and $11.8 million in liabilities in his bankruptcy filing; his association with convicted Ponzi schemer Tom Petters reportedly led to his current financial situation.
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Target on Wednesday reported a boost in first-quarter sales and earnings, which has led the company to raise its full-year earnings outlook. The Minneapolis-based company reported earnings of $697 million,
Hurricane Grill & Wings announced Wednesday that it will open its first Minnesota location in October, and it intends to open 16 more throughout the state in the coming years.
Bloomington-based Pearson VUE announced Wednesday that it has acquired American Fork, Utah-based Certiport, Inc. Financial terms of the deal were not disclosed, although several media reports indicated that the purchase
Minnesota's unemployment rate fell 0.2 percent in April to a seasonally adjusted 5.6 percent, according to data released Thursday by the Minnesota Department of Employment and Economic Development (DEED). But
Eden Prairie-based medical-device maker Hemosphere, Inc., has been sold to Atlanta-based medical-device company CryoLife, Inc., for $17 million. CryoLife on Wednesday announced the completion of the deal, although Hemosphere could
Four Minneapolis eateries are among the 250 "most popular high-end restaurants" in the country, according to online reservation website Urbanspoon. For the list, the website considered more than 600,000 eateries
Medtronic, Inc., announced Wednesday that federal prosecutors have closed an investigation into the Fridley-based company's marketing practices surrounding its Infuse bone-graft product. An investigation by the U.S. Department of Justice
Masu Sushi & Robata, which opened its doors in Northeast Minneapolis last year and is gearing up to open a second outpost at the Mall of America, has recently caught
A day after unionized support staff at eight local hospitals authorized a strike, the workers on Wednesday reached a tentative contract agreement with the hospitals. The union representing the employees,
Public Broadcasting Service (PBS) said Tuesday that it launched a new website called Next Avenue that's geared toward the booming 50-plus age group-and three local company foundations granted funds for
A semi-annual forecasting tool recently revealed that commercial real estate leaders have a slightly more negative outlook of the market than they did last fall. Fifty commercial real estate leaders
University of Minnesota President Eric Kaler has proposed a 3.5 percent tuition hike for Minnesota undergraduates-the lowest year-over-year tuition increase in more than a decade. Kaler outlined a budget proposal
The U.S. Supreme Court has denied Tom Petters' request that the court review his conviction, and yet the convicted former businessman remains defiant. The Supreme Court on Monday issued a
Inspire Medical Systems announced Friday that it completed a $14.5 million round of financing, which includes a first-time investment from Fridley-based Medtronic, Inc., from which it spun out in 2007.
Governor Mark Dayton on Monday signed several bills into law-but he vetoed a second tax bill that was passed by the Minnesota Legislature. In a letter to House Speaker Kurt
Construction on the Central Corridor light-rail line is half finished and on track to be three-quarters done by the end of 2012, the Metropolitan Council said Monday. "The contractors really
Shortly after Best Buy Company, Inc., released the results of its independent investigation into ex-CEO Brian Dunn, experts began weighing in on how the company handled the matter-and their perspectives