A local union paid $4.3 million to purchase Hillcrest Golf Club in St. Paul, vowing to keep it private for a minimum of two years. Steamfitters Pipefitters Local 455 closed

Banking conditions in the Ninth District still remain historically weak but are showing signs of improvement, according to a report released Thursday the Federal Reserve Bank of Minneapolis. Banks in

At a time when Eden Prairie-based retailer Supervalu, Inc., is cutting costs, the company is expanding an energy program launched in 2006 that brings in revenue and helps prevent blackouts.

The University of Minnesota's overall economic impact within the state totals $8.6 billion annually-$4.1 billion through direct expenditures and $4.5 billion in indirect spending, according to a university-commissioned study released

3M CEO George Buckley sharply criticized President Barack Obama, calling him "anti-business" and warning that U.S. business policies might prompt manufacturers to shift production out of the country. "I judge

Anytime Fitness, LLC, said Monday that it plans to open health clubs in the Middle East-starting with three in the Middle Eastern state of Qatar. The health clubs in Qatar

The Mayo Clinic saw more than 1 million patients in 2010-and its revenue and income both increased over the previous year. Rochester-based Mayo said Thursday that it saw 1,050,000 patients

Medtronic, Inc., announced Monday that its Mosaic bioprosthetic heart valves that were implanted 12 years ago in a pre-market approval trial are still working. The artificial heart valves are designed

The State of Minnesota reported Thursday that 66 companies in the state collectively received $28 million of investments which qualified for the angel tax credit program in 2010, for which

Cummins Power Generation (CPG) announced Friday that it will add 90 employees to its headquarters in Fridley and invest nearly $14 million into the facility. CPG has extended a contract

DemandTec, Inc., a San Mateo, California-based retail forecasting software provider, will soon open an office in downtown Minneapolis. The company has yet to announce a date for the opening. DemandTec

Medtronic, Inc., announced Friday that it has purchased a gel technology that can potentially prevent certain side effects of sinus-related surgery, such as bleeding and post-surgery scarring. The Fridley-based medical

Minnesota has more households with broadband service than the national average and more residents have access to higher speed-50 megabits per second or more-broadband Internet, according to a recent study.

Darlene Miller, owner and CEO of Burnsville-based Permac Industries, has been selected to serve on the President's Council on Jobs and Competitiveness. The council was created to provide non-partisan advice

A cancer-fighting vaccine being developed in Minnesota is likely to add "hundreds" of jobs within the state, although it's unclear how soon that growth will occur. Tampa, Florida-based Biovest International,

Downtown Minneapolis could offer a new entertainment option in the future as Block E's new owner is considering adding a casino to the struggling development. Alatus, LLC-which purchased the Block

Minnesota banks showed signs of improvement in 2010, collectively earning $207 million during the year that represents a significant increase-127 percent-from 2009 when Minnesota banks together earned just $75 million,

A Texas man pleaded guilty to one count of wire fraud and admitted that he stole $275,000 by hacking into the computer networks of Eden Prairie-based Digital River, Inc., according