Twelve people-including 10 Minnesotans-were charged Wednesday in connection with a $10 million-plus bank fraud conspiracy involving a network of bank employees. The financial institutions that fell victim to the scheme
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Two local brothers pleaded guilty on Wednesday to orchestrating a $4 million mortgage fraud scheme that defrauded 24 area lenders. Baretta Dean Bork, 35 of Mound, and Xavier Willis Bork,
Lady Gaga has reportedly dissolved a partnership recently forged with Target Corporation because of the company's controversial political donations. In early February, Minneapolis-based Target announced that it would team with
A recent report indicating that St. Paul-based Lawson Software, Inc., is exploring the possibility of a sale sent the company's stock skyrocketing. Reuters on Tuesday reported that Lawson has hired
Fridley-based Medtronic, Inc., on Tuesday announced the opening of its new regional headquarters in Shanghai, China-a move that will strengthen the medical technology company's presence in the country and result
The rapidly increasing cost of oil and the resulting spike in the price of jet fuel have presented a challenge in the sale of Sun Country Airlines. Court documents filed
The number of billionaires in the world has increased since last year, but there are now fewer billionaires in Minnesota, according to a list recently published by Forbes magazine. Six
UnitedHealth Group is protesting a U.S. Department of Defense (DOD) decision to rescind a $23.5 billion contract-and four members of Minnesota's Congressional delegation sent a letter in support of that
Smead Manufacturing Company is laying off 50 employees at its headquarters in Hastings due to decreased sales amid high unemployment rates. A majority of the jobs being cut-about 95 percent-are
How many Robin Doroshows are there out there? All due respect to Doroshow herself, there are plenty like her—people who’ve started food businesses in the past few years. Many made
Just a day after Jason "Bo" Alan Beckman was charged for securities fraud for his alleged role in carrying out a $194 million Ponzi scheme, a federal judge ordered Beckman's
There's no better metropolitan area for job hunters than Minneapolis. That's according to a recent report by Forbes, which cites research from New York-based recruiting firm Ajilon Professional Staffing. Ajilon
A new Target Clinic opened last week in Woodbury-and seven more are slated to open in the coming months, including three in Minnesota. The eight new clinics join 36 already-operational
As many banks continue to dig their way out of the recession, St. Paul-based University National Bank is expanding through the acquisition of Rosemount National Bank's branch on the east
San Francisco-based Wells Fargo & Company's top executive has joined the debate surrounding proposed regulations on debit-card fees, and his arguments align with those of other financial institutions, such as
TCF Financial Corporation on Friday filed court documents opposing a recent U.S. Justice Department motion to dismiss a lawsuit that TCF filed-a lawsuit that aims to stop the federal government
As work moves forward on the Central Corridor light-rail transit line, a group of suburban lawmakers introduced a bill last week that would suspend construction on the $957 million project.
Brooklyn Park resident Phillip Adrian Webb was sentenced on Tuesday to 15 months in prison for fraudulently obtaining about $388,000 worth of computer parts from San Jose, California-based Cisco Systems,