Ohio-based discount retailer Big Lots is reportedly expanding in the Twin Cities and will open three new stores by the end of the year. According to the Star Tribune, Big
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Minnesota added 396 megawatts of wind-generating capacity in 2010-ranking it fourth among all states for total installed capacity, according to a new report by the American Wind Energy Association (AWEA).
U.S. Bancorp subsidiary U.S. Bank is in the process of expanding its wealth management group and adding a unit to serve ultrahigh-net-worth individuals. Minneapolis-based U.S. Bank has served ultrahigh-net-worth individuals-those
Federal funding that will cover nearly half the cost of the Central Corridor light-rail transit project is close to becoming a reality. According to the Pioneer Press, St. Paul Mayor
Allina Hospitals & Clinics has started work on a project that has been on its radar for about 10 years-a consolidated central medical laboratory. Construction began last month on the
A commercial real estate trade organization, a taxpayer association, and the state's largest business group are launching an effort to reform the way public governments in Minnesota create their budgets
A former employee of Minneapolis-based Allianz Life Insurance Company on Monday pleaded guilty to embezzling roughly $400,000 from her employer over the course of two years, Minnesota's U.S. Attorney's office
The Federal Deposit Insurance Corporation (FDIC) on Friday announced that six banks were closed by federal regulators-including Rosemont National Bank, which is based in Rosemont. The bank was closed by
Ameriprise Financial, Inc., announced Friday that it has agreed to buy a San Francisco-based fund company called Grail Advisors, LLC. The acquisition marks Ameriprise's entry into the world of exchange-traded
In an effort to save money and make room for other products at its stores, Best Buy Company, Inc., has decided to shrink and outsource its music and movie departments,
U.S. Senator Amy Klobuchar on Monday announced that she will introduce bipartisan legislation that she claims will make Internet use safer and cloud computing more convenient. The Cloud Computing Act
An investment information Web site recently ranked Minnesota as the 10th-best state for making a living. The new study by MoneyRates.com ranked states based on how easy it is to
OnPoint Medical Diagnostics, Inc., will soon become a public company under a reverse-merger agreement with Florida-based Vertical Health Solutions, Inc. (VHS). Under the terms of the agreement, Edina-based OnPoint has
During the past six months, the number of Minnesota businesses that lost their permits to collect sales tax increased dramatically, according to a report by the Star Tribune. Citing data
Minneapolis-based Graco, Inc., on Thursday announced that it will purchase Illinois Tool Works, Inc.'s (ITW) finishing businesses for $650 million in cash. The acquired businesses, which collectively employ 900 people
The City of St. Paul's planning commission on Friday approved plans for a retail development at the former site of an auto dealership-a project that has sparked some debate due
TCF National Bank earlier this week appealed a lower-court decision that denied its request to block enforcement of upcoming rules that will limit the fees that large banks can collect
A federal indictment unsealed Thursday charged a Twin Cities man for orchestrating four investment scams that together bilked at least $20 million from investors, according to the U.S. Attorney's office