Minneapolis-based BridgePoint Medical announced Friday that is has named Denis Harrington, a veteran in the medical device industry, its new president and CEO. BridgePoint said that its cofounder and previous

The Federal Communications Commission (FCC) on Friday approved the merger of CenturyLink, Inc., and Qwest Communications, Inc. CenturyLink announced in April 2010 plans to acquire Qwest in a stock swap

Local companies are facing increased pressure from immigration audits-a trend that has led to the firing of thousands of local workers, according to a report by the Star Tribune. At

Two local start-up companies, Minneapolis-based 8thBridge, Inc., and St. Paul-based Cima NanoTech, each separately announced that they recently received financing. 8thBridge-which creates social commerce channels by integrating social networking, advertising,

U.S. Bancorp said Friday that its board approved a plan to increase its quarterly dividend by 150 percent and buy back up to 50 million of its shares. The Minneapolis-based

3M Company and subsidiary 3M Innovative Properties Company have withdrawn their request for a preliminary injunction against a company that they sued late last year over intellectual property. In December,

3M Company on Friday announced that it has filed a joint motion for preliminary approval-through which it has agreed to pay up to $12 million to settle an age-discrimination lawsuit.

The owner of Block E in downtown Minneapolis has won a legal dispute with its tenant, AMC Showplace Theatres, Inc., regarding the terms of its lease. U.S. District Judge Ann

Some marketing departments are content with buying an ad in a newspaper or on a billboard, or maybe getting word out via a television commercial. Not Blue Cross and Blue

Eden Prairie-based Digital River, Inc., announced Friday that its chief financial officer (CFO), Tom Donnelly, has been promoted to the newly created position of president. Donnelly, who joined the company

General Mills said that it has entered into "exclusive negotiations" to buy a 50 percent stake in well-known yogurt manufacturer Yoplait-a move that would end a bidding war and much

Eagan-based Intercim, LLC-which provides manufacturing operations management software to companies around the globe-was acquired by a French company that paid $36.5 million. Buyer Dassault Systmes, which has been a minority

The City of Minneapolis, amid a struggling economy and diminishing state aid, has been awarded top credit ratings from three rating services. Standard and Poor's rating service awarded the city

Minneapolis-based U.S. Bancorp has been sued by Omaha, Nebraska-based insurance company Woodmen of the World over $47 million that it lost from investments made by a trust controlled by the

Recently departed MoneyGram International, Inc., has been asked by several entities to provide documents related to its fraud protection programs, transactions, and consumer complaints. According to a Wednesday regulatory filing,

St. Jude Medical, Inc., Chairman and CEO Daniel Starks was detained in India on Wednesday after a single ammunition shell was found in his baggage at the New Delhi airport.

The angel investor tax credit spurred $28 million in funding for 67 Minnesota companies in 2010-and those 67 companies collectively created 47 jobs last year, according to a report that