The two organizations said the new contract extends the Target Center naming rights partnership through 2014 and will allow them to gain a better understanding of the potential for future renovations to the arena.
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The Minnetonka-based insurer and three other U.S. insurers will reportedly supply data to a newly created nonprofit group that will distribute it to researchers for analysis.
Klapmeier, who founded the Duluth-based company in a Wisconsin dairy barn with his brother 25 years ago, replaces Brent Wouters, who is no longer with Cirrus.
The firm's new research Web site is scheduled to launch on September 28 and will allow academics and investment professionals to share their white papers and other research on the hedge fund industry.
Michael Mahoney will assume the role of Boston Scientific president next month, but he can't supervise competing businesses or become CEO until November 2012 because of a non-compete agreement with Johnson & Johnson.
According to the Pioneer Press, some Target.com shoppers got notices indicating that their Missoni orders have been cancelled or their shipments have been delayed and need further approval-despite the fact that they received confirmation of their online orders.
Minnesota's official unemployment rate remained unchanged at 7.2 percent in August-in part because a "smoothing out" of data understated the effect of 22,000 laid-off state workers who returned to the job following the state government shutdown. A state official told Twin Cities Business that the "unsmoothed" rate is 7 percent.
Seventeen companies have been selected to give seven-minute presentations to attendees of the annual Minnesota Venture & Finance Conference.
Marketing experts told USA Today that that the shopping frenzy taught Target and its competitors a valuable lesson: Even though the economy is still in rough shape, shoppers are in the market for reasonably priced luxury goods.
Dennis DeSender admitted to fraudulently soliciting investors to fund a venture to sell coal-gasification technology to China-and he reportedly implicated a former officer of Bixby Energy Systems in the alleged $60 million scheme.
The state's Attorney General's office has terminated Dorsey & Whitney as Minnesota's chief bond counsel, citing ethical conflicts during the state government shutdown in July, and replaced it with an Omaha law firm.
Later this month, Governor Mark Dayton and representatives from several Minnesota companies and colleges will set out on a trade mission to Minnesota's sixth-largest export market-South Korea.
The Minneapolis mayor's proposed budget includes no property tax hike, but it depends on savings from a pension fund merger-which has now been approved by members of the city's police and fire pension funds.
Proto Labs is offering discounted prototyping and short-run production services to two companies through its "Cool Idea!" program-one product comes from a local company that hopes to change how the life sciences industry stores tissue samples, the other from a Pennsylvania inventor who designed a sander that vacuums drywall dust.
The metro area's gross domestic product is the 13th highest in the nation and grew 4.4 percent between 2009 and 2010; that's compared to 2.5 percent average growth for all U.S. metro areas during the period.
The jobless rate for African Americans in the Twin Cities is reportedly 24 percent compared to just 6 percent for Caucasians, giving the region the widest racial disparity among the unemployed in urban areas throughout the country.
The local nonprofit, which trains under-employed and unemployed people for placement in long-term jobs, was chosen from a pool of about 900 entries as one of five winners in the "Powering Economic Opportunity: Create a World that Works" competition.
The company voluntarily recalled 185,000 pounds of fresh ground turkey that it said could be contaminated with the same dangerous salmonella strain that prompted a ground turkey recall last month.