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
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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.
Three real estate professionals were charged Thursday in connection with a scheme through which they allegedly defrauded mortgage lenders out of $4.2 million, according to the U.S. Attorney's Office in
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,
One day after three Florida men were charged with securities fraud related to Tom Petters' $3.65 billion Ponzi scheme, two of them pleaded guilty in federal court in St. Paul.
CB Richard Ellis is expanding its client-accounting services department in Bloomington with the addition of 125 jobs. The additional positions are the result of a combination of organic growth and
The Minnesota Department of Natural Resources (DNR) on Thursday will begin auctioning off mineral leases for 621 parcels of land where deposits are likely to be found, according to a
An Eden Prairie business owner was charged with one count of wire fraud and one count of money laundering on Wednesday, Minnesota's U.S. Attorney's office said. Travis Scott, 34, is
Catalog and online retailer Bluestem Brands, Inc., has filed an initial registration statement for an initial public offering (IPO) that could raise up to $150 million. The Eden Prairie-based company-which
Lamberton-based Highwater Ethanol, LLC, has agreed to pay $150,000 to resolve "numerous" violations of its air-quality and water-quality permits. According to the Minnesota Pollution Control Agency (MPCA), the company has
More than two years after Lennar Corporation bought lots in Martin Farms-a troubled development in Otsego-the company has purchased an additional 72 lots, according to the Star Tribune. The Minneapolis
Minnetonka-based start-up Medisyn Technologies has licensed a number of new food ingredients to Kraft Foods that could provide health and wellness benefits. The compounds were uncovered as a result of