The Hennepin County board on Wednesday approved the county's purchase of the 18-story 701 Building in downtown Minneapolis for $25.8 million. The county has been in discussions with the building's

Approximately 270 workers who were laid off from two employers in Minnesota will together receive more than $1 million in aid from the state, the Minnesota Department of Employment and

Medtronic, Inc., is collaborating with Indianapolis-based drug maker Eli Lilly and Company to develop a treatment for Parkinson's disease, the companies said on Tuesday. The two companies hope to treat

A Hugo man was selected from a pool of more than 12,500 to be the new voice of the Aflac duck. Dan McKeague, 36, will use his voice in both

The Minneapolis Convention Center has had a positive year so far, with its five largest public consumer shows seeing increases in attendance, according to an announcement made Tuesday by Meet

Medina-based Polaris Industries, Inc., on Monday announced that it has agreed to buy Fargo, North Dakota-based Global Electric Motorcars, LLC (GEM). Financial terms of the deal were not disclosed. GEM

General Mills, Inc., stock soared to a 10-month high on Tuesday morning amid speculation that it will be bought by Swiss food giant NestlŽ, SA. Tom Forsythe, vice president of

Lawson Software, Inc., on Tuesday announced that it has agreed to be purchased for $11.25 per share of its common stock-a transaction worth about $2 billion. The St. Paul-based software

Medtronic, Inc., is joining the fundraising efforts of a medical device recipient, who plans to swim across the English Channel to help fund research for amyotrophic lateral sclerosis (ALS) treatments.

Little Canada-based St. Jude Medical has been awarded a $2.3 billion judgment in a trade secrets lawsuit that it filed against a former employee and the rival medical device company

Wayzata-based TCF Financial Corporation may soon revamp its overdraft fee structure to begin charging a single fee at the end of the day if a customer has a negative account

Despite posting record earnings and cutting expenses in the first quarter, San Francisco-based Wells Fargo & Company recently announced that it has implemented a new cost-saving initiative called Project Compass.

After paying a hefty sum to settle legal claims against subsidiary Securities America (SA), Minneapolis-based Ameriprise Financial, Inc., has decided to sell the brokerage unit. Ameriprise said Monday that "management

Eden Prairie-based Alliant Techsystems, Inc. (ATK), was reportedly unsuccessful in its bid for government money for the development of commercial space vehicles. According to online space news site Spaceflight Now,