Eagan-based Buffets, Inc., announced Friday that it has hired a financial advisor to help the company explore "strategic alternatives," including a possible sale. The restaurant operator did not provide further
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An investment adviser from Golden Valley was indicted on Wednesday for allegedly defrauding investors out of $750,000, according to the U.S. Attorney's office in Minnesota. Renee Marie Brown, 47, was
The Mosaic Company on Thursday announced the launch of a secondary offering of its common stock after its shareholders approved a deal that would let Cargill, Inc., unload its 64
Minnesota is a national leader when it comes to tracking data that is used to make intelligent transportation policy and spending decisions, according to a report released on Wednesday by
Leaving the car in the garage and commuting to work via mass transit isn't an option-or at least an easy one-for some Twin Citians. The Twin Cities rank 39th among
Maplewood-based 3M Company is weeks away from going to trial over claims that it "botched" a clinical trial for a product that it acquired in February 2007 and took off
A handful of leaders from Bixby Energy Systems, including CEO Robert Walker, who have come under fire for allegedly mismanaging the company resigned Tuesday from their posts in order to
Boston Scientific Corporation President and CEO Ray Elliott will retire from his posts on December 31, the company said Tuesday. The Boston Scientific board has created a CEO search committee,
Wayzata-based Cargill, Inc., has formed a joint venture business with an Australian beef processing company called Teys Bros Pty., Ltd. The companies announced their partnership, which is subject to regulatory
More than 100 employees will soon be out of work due to the closure of General Dynamics' C4 Systems facility in Bloomington. Fran Jacques, director of strategic communication for the
The University of Minnesota said Wednesday that construction is underway on a 280,000-square-foot state-of-the-art cancer and cardiovascular research building-the final planned facility at the U's Biomedical Discovery District. The new
Mayo Clinic is building a store at Mall of America that will encourage people to talk about what they want and need from their health care experience. The Create Your
The Minnesota Department of Commerce on Thursday said that it has levied a total of $170,000 in fines against two Minnesota companies in two unrelated cases. In the first case,
Stockholders of The Mosaic Company on Wednesday gave the go-ahead for Cargill, Inc., to divest its 64 percent stake in the company. Approximately 58 percent of the outstanding shares held
Legislation aimed at consolidating two closed Minneapolis pension funds was introduced in the state Senate on Wednesday, the City of Minneapolis announced. The bill would merge the Minneapolis Police Relief
Local retailer Best Buy Company, Inc., is widely known as a place to buy computers, cell phones, and other common electronics-but the company's stores may soon be stocked with electronic
3M Company CEO George Buckley faced a tough crowd at the company's annual investor meeting on Tuesday, where he defended 3M's political contributions and sidestepped questions about whether he plans
A leader of GE Healthcare has been chosen to replace William Hawkins as CEO and chairman of Medtronic, Inc., the company said Wednesday. Omar Ishrak will assume his new position