Salmonella from organic eggs that came from an Owatonna farm were sold at grocery stores and co-ops throughout the Twin Cities; the eggs have sickened at least six people.
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Shareholders of Renaissance Learning, Inc., accepted a $455 million offer from a company formed by a European private equity firm rather than Plato's latest $496 million bid-but the decision has prompted some lawsuits.
The company says that repositioning some of its top executives will allow it to better manage four key areas-corporate development, enterprise risk management, lending, and funding.
Institutional Shareholder Services has recommended that Regis shareholders vote in favor of Starboard Value's board nominees-but Regis says "the firm reached the wrong conclusion," and "this is not the time to disrupt the execution of the changes that are under way at Regis."
Among the United States' 10 largest cooperative businesses based on 2010 revenue, four are headquartered in Minnesota.
Through the national Partners in Preservation program, which grants money to historic sites, the cathedral will receive $110,000 to make interior repairs; another $890,000 will be given out next month to some of 24 other historic sites that competed alongside the basilica in an online contest.
In an attempt to boost revenues, the St. Louis Park-based restaurant operator will add seating to four of its locations-including two in the Twin Cities.
Whitebox Advisors is soliciting research papers that could benefit the investment community-and the winning submission will net a $25,000 prize.
Minnesota Philanthropy Partners is anchored by four major foundations but supports more than 1,600 charitable foundations, funds, and organizations across the state.
The Minneapolis Convention Center is reportedly cutting about half of its supervisors and transitioning about two dozen other workers from full-time status to having no guaranteed minimum of hours.
The automaker has been planning to shutter its St. Paul plant since 2006 and just announced a closure date-December 19.
Black and Dew is expected to bring in $40 million of revenue in its first year of operations, and its president said the company wants to grow by expanding its footprint geographically.
Troy David Chaika was sentenced to more than eight years in prison for allegedly defrauding mortgage lenders of a total of $43 million.
Steve Eastman is the second Target executive to leave the company this month. His exit was announced the same day that the retailer's new e-commerce site crashed-although the company has said that the departure wasn't related to performance.
Several Vikings players-including Adrian Peterson, Jim Kleinsasser, and Chad Greenway-are set to take part in "Celebrity Waiter Night" at Manny's. In a separate instance of Minnesota's sports professionals giving back to the community, Wild captain Mikko Koivu has sponsored two private patient rooms at Children's Hospital.
A new 64-page report outlines ways to reduce racial employment disparity in the Twin Cities, which reportedly has the highest such disparity among the nation's largest metro areas.
In a letter to shareholders, Regis discussed its recent proxy battle with activist investor Starboard-stating that the investor is "advocating uninformed and irresponsible cost-cutting that puts the Regis franchise at risk."
Verso Paper Corporation plans to cut coated-paper capacity by 193,000 tons annually at two U.S. mills.