St. Paul Mayor Chris Coleman on Wednesday announced a large-scale plan for funding a new Vikings stadium with a new per-drink alcohol tax-but his pitch is a significant departure from
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Fairview Health Services is eliminating 240 jobs throughout its system as it experiences low patient volumes and significant operating losses. Ryan Davenport, a spokesman for the Minneapolis-based health system, said
Earlier this year, Michael Krzyzaniak was indicted for orchestrating four investment scams that together bilked at least $20 million from investors. Recently unsealed search warrants reveal that the money was
Local companies are finding that a good time can also be good for business. According to a new Star Tribune report, an increasing number of local companies are finding ways
The Nerdery is gearing up for another "Overnight Web Site Challenge"-a program through which the company and volunteers build free Web sites for nonprofit organizations. The Bloomington-based Web development firm
Hormel Foods Corporation's second-quarter profit met Wall Street expectations and grew 20 percent over the same period last year, a move that has prompted the food manufacturer to boost its
A study released Wednesday suggests that a best-selling bone-growth product made by Fridley-based Medtronic, Inc., may increase the risk of sterility in men. The study, published in the June issue
In an American Banker ranking that measured the reputations of 30 large U.S. banks, Minneapolis-based U.S. Bancorp fell near the bottom of the pack. With a score of 60.31, the
Little Canada-based St. Jude Medical could be entering the drug-eluting stent market through its minority investment in Durham, North Carolina-based Micell Technologies, according to an industry analyst. Larry Biegelsen, a
Angeion Corporation, a St. Paul-based medical device company, announced Wednesday that its CEO Philip Smith has resigned, less than five months after accepting the top position at the company. Smith,
Troy Chaika was found guilty on Tuesday to charges related to a mortgage fraud scheme that bilked lenders out of more than $43 million, according to Minnesota's U.S. Attorney's office.
On Tuesday-the same day that Governor Mark Dayton vetoed Republican-supported budget bills-the governor signed an omnibus liquor bill that will allow Minnesota brewers to sell pints of their beer from
Edina-based Rimage Corporation CEO Sherman Black is looking to reinvent the company and reduce its dependence on disk duplication, according to a recent report by the Star Tribune. The Minneapolis
Minneapolis-based U.S. Bank has agreed to pay $1.2 million to settle allegations that it did not comply with Federal Housing Authority (FHA) requirements in connection with 27 mortgage loans. According
The City of Duluth has sued online travel Web site Expedia over claims that it failed to pay taxes on hotel rooms that were booked through the company's Web site.
Elk River-based Cretex Companies is adding to its operations with the acquisition of Pacific Plastics & Engineering (PPE), a contract manufacturer serving the medical and electronics markets. Terms of the
The weekend storms that ripped through North Minneapolis and Joplin, Missouri have showed just how destructive and devastating tornadoes can be. But a tornado actually gave one of Minnesota's largest
Richard "Pinky" McNamara-an entrepreneur, philanthropist, and former University of Minnesota regent and Golden Gopher football star-died Monday, the university said. He was 78. "There are few families whose name is