The founder and CEO of Genesys Works was recently named to Forbes' first-ever "Impact 30" list, which recognizes leading "social entrepreneurs who are tackling the world's most intractable problems. Rafael
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Medtronic, Inc., has agreed to pay $23.5 million to resolve allegations that it violated federal law by paying kickbacks to induce doctors to implant the company's pacemakers and defibrillators. The
New York-based private equity firm Warburg Pincus will invest up to $355 million in a new Minneapolis-based "green" investment firm that will help grow early-stage companies. The new enterprise is
Marshall-based The Schwan Food Company announced Thursday that it has laid off approximately 60 employees in Minnesota as part of a cost-reduction initiative. Employees affected by the reduction work at
One of Minnesota's 100 largest public companies is set to be acquired. Synovis Life Technologies, Inc., has agreed to be bought by Deerfield, Illinois-based Baxter International, Inc., for $325 million,
Target Corporation plans to move 3,900 employees and contractors out of its downtown Minneapolis offices and into its office complex in Brooklyn Park, according to a Pioneer Press report. The
The University of Minnesota on Friday unveiled an initiative that it hopes will make it easier for businesses to partner with the university on research projects. Under the new Minnesota
A federal appeals court on Friday upheld the conviction and 50-year prison sentence of Minnesota businessman Tom Petters-who was found guilty of orchestrating a $3.65 billion fraud scheme. Petters received
A $25 million renovation of the Hyatt Regency Minneapolis will begin this month. The renovation-which will be complete in late spring 2012-will reinvigorate the downtown Minneapolis hotel's guest rooms, suites,
Two local high school students have advanced to the "grand championship" round of a national math and retail competition-where they'll vie for a $10,000 scholarship and a chance to ring
Ecolab, Inc., announced Thursday that it has acquired Brazil-based pest elimination company InsetCenter-the company's third buy in a week. The St. Paul-based company on December 1 closed on a deal
Despite the fact that he's currently serving a 10-year prison sentence, fallen auto mogul Denny Hecker is generating headlines once again. According to a recent report by the Pioneer Press,
Mankato-based telecommunications service provider HickoryTech Corporation on Tuesday announced plans to buy IdeaOne Telecom Group, LLC, a fiber network provider based in Fargo, North Dakota. HickoryTech said that it will
One of the largest hotels in Minnesota recently built one of the area's largest gingerbread houses in an effort to provide holiday cheer to guests staying over the holidays. The
Minnetonka-based software firm Jobs2Web, Inc., agreed to be sold to San Mateo, California-based SuccessFactors, Inc., for $110 million. SuccessFactors said Tuesday that it will pay in cash. The deal is
Minnesota's small businesses may be eligible for financial incentives and technical assistance under a new state export initiative that aims to help them boost sales in foreign markets and spur
The Mosaic Company on Thursday announced that it has settled a contract dispute involving its potash mine in Saskatchewan-and a trial that was scheduled to begin next month has been
Those who live and work in Minneapolis can already learn about the city's snow emergencies and subsequent parking restrictions via text messages, e-mail alerts, automated phone calls, social media