A local software firm has landed what is believed to be one of the largest venture capital deals for an information technology company in Minnesota's history. Code 42 Software, Inc.,
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Metro Transit on Tuesday reported that roughly 80.9 million rides were taken on its buses and rail services last year. That's up 3.5 percent, or 2.7 million rides, from 2010-and
Minnesota's unemployment rate continued its steady decline in December, dropping 0.2 percent to a seasonally adjusted 5.7 percent, according to data released Thursday by the Minnesota Department of Employment and
Minneapolis-based ad agency Yamamoto Moss Mackenzie shortened its name to Yamamoto and announced three new hires in key leadership roles. "New leadership and the infusion of fresh talent and clients
Chanhassen-based fitness club franchisor Snap Fitness announced Wednesday that it recently acquired Des Moines, Iowa-based Kosama Complete Body Transformation. Terms of the acquisition, which was completed January 4, were not
Target Corporation is temporarily suspending its efforts to sell its credit card receivables portfolio-which manages the balances that credit card holders owe the company. Target announced in January 2011 that
Buffets, Inc., on Wednesday filed for Chapter 11 bankruptcy protection-a move that comes four years after its first bankruptcy filing. In addition to filing for bankruptcy with all of its
Carlson Hotels, a subsidiary of Minnetonka-based Carlson, and its European partner The Rezidor Group announced Wednesday that they will now market themselves under a single brand: Carlson Rezidor Hotel Group.
American Crystal Sugar Company has rejected the most recent proposal from the union representing workers who have been locked out by the company, calling the offer "a publicity stunt." Separately,
On the heels of critical media coverage about Richfield-based Best Buy Company, Inc.,CEO Brian Dunn fired back at the harsh critics through a blog on Best Buy's Web site. The
Richfield-based Best Buy Company, Inc., on Monday announced the restructuring of two key leadership roles: Shari Ballard was named president of Best Buy's international business, and Mike Vitelli was named
The Galleria, Edina's upscale shopping mall, will soon have a new roster of retailers. The mall said Monday that several new stores will soon set up shop, and a few
Founder of Minneapolis-based start-up My Wonderful Life will soon present their business plan to the "sharks" in hopes of garnering some investment dollars. Sue Kruskopf and Nancy Bush will appear
Former businessman Tom Petters-who's behind bars for orchestrating a $3.65 billion Ponzi scheme that left hundreds of victims in its wake-is appealing his conviction to the U.S. Supreme Court, according
Minneapolis' music scene just got a boost, with three of its clubs making Pollstar's 2011 list of "top 100 club venues" worldwide. Pollstar is a national trade publication covering the
This month marks a decade in office for Minneapolis Mayor R.T. Rybak. During his tenure, the city has undergone significant changes: It has reduced its debt by $200 million, achieved
Black Hills IP, LLC, a Rapid City, South Dakota-based paralegal outsourcing firm, on Monday opened a training, service, and administration office in the TCF Tower in downtown Minneapolis. Black Hills
Thrivent Financial for Lutherans is turning its for-profit bank subsidiary into a nonprofit credit union, the Star Tribune reported Friday. The Minneapolis-based insurance company, which caters to Lutherans across the