Edina-based miniature robot developer ReconRobotics, Inc., announced Wednesday that it has acquired Xollai, a St. Paul-based systems engineering firm. Financial terms of the acquisition were not disclosed. Xollai has developed
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Best Buy Company, Inc., aims to launch Best Buy Teen Tech Centers throughout the country in an effort to provide teens a safe environment in which to develop technology skills.
Four of the state's largest health care insurers will collectively return $73 million to taxpayers as a result of an agreement made last year, Governor Mark Dayton's office announced Tuesday.
Most of the discussion about a new Vikings stadium has focused on how many taxpayer dollars should go into the project-but according to a Minnesota Public Radio (MPR) report, the
Governor Mark Dayton on Tuesday signed a new law that alters the statute of limitations for "clawback" lawsuits involving charitable organizations that unknowingly receive tainted donations-and the change is expected
The Minnesota Department of Transportation (MnDOT) on Thursday outlined its 2012 plans for 316 road construction projects throughout the state, which will collectively cost $1.1 billion. Projects in the Twin
Richfield-based Best Buy Company, Inc., suffered another setback Wednesday when Standard & Poor's (S&P) ratings services placed the electronics retailer's credit rating on watch "with negative implications," meaning the company's
General Mills, Inc., is the most reputable large company in the United States, according to a new ranking compiled by the Reputation Institute, a New York-based private consulting firm, and
Willard Oberton, CEO of Fastenal Company, is among the 10 public company CEOs in the country who have delivered the best bang for their shareholders' buck, according to a Forbes
Target Corporation's sales surged in March, beating Wall Street expectations and prompting the company to boost its first-quarter earnings outlook. The Minneapolis-based retailer said Thursday that same-store sales-sales at stores
Minneapolis-based Magnet 360 on Wednesday announced that it has acquired Reside, LLC, a Web services provider and cloud-computing consultancy. Financial terms of the acquisition were not disclosed. Magnet 360, founded
Roughly seven months after its leader resigned, MTS Systems Corporation has named a new, permanent CEO. Jeffrey Graves will take the helm at the Eden Prairie-based test systems and industrial
Eden Prairie-based residential and commercial real estate brokerage Re/Max Results announced Monday that it has acquired Re/Max Realty Source in St. Cloud. Financial terms of the acquisition were not disclosed.
Ecolab, Inc., laid off 70 employees in the Twin Cities area last week as part of a restructuring and cost-saving effort that the company announced earlier this year, according to
Wayzata-based Cargill, Inc., is reportedly one of 20 companies that the U.S. Environmental Protection Agency (EPA) has given a green light to market ethanol in a 15 percent blend with
Pinnacle Airlines-which provides regional flights for Delta Air Lines, United Airlines, and US Airways-has filed for Chapter 11 bankruptcy protection. The Memphis, Tennessee-based airline said Sunday that the company's current
Fridley-based Medtronic, Inc., announced Friday that it will pay $85 million to settle a shareholder class-action lawsuit involving its Infuse bone-growth product. Several Medtronic shareholders, including a pension fund called
Airborne, Inc.-an Eden Prairie-based maker of dietary supplements that support immune health-has been sold for $150 million in cash. Salt Lake City-based Schiff Nutrition International, Inc., on Monday announced that