Post Type of: Article

National, Local Home Prices Tumble in Dec.

For the second consecutive month, nearly all of the nation's 20 major metropolitan areas saw home prices fall in December, including the Twin Cities, according to the Standard & Poor's-Case/Shiller

Riverside Plaza Apt. Complex Gets $50M Investment

The Riverside Plaza apartment complex in Minneapolis has secured additional financing-$50 million from the AFL-CIO Housing Investment Trust (HIT)-for the rehabilitation and modernization of its 1,303 housing units. The six-building

Dell Completes Acquisition of Compellent

Dell, Inc., announced Tuesday that it has closed on the acquisition of Eden Prairie-based Compellent Technologies, Inc., a provider of data storage solutions. The Round Rock, Texas-based computer giant paid

M&I Bank Slashes 143 Jobs, 20 in Minnesota

Marshall & Ilsley Corporation-parent company of Milwaukee Wisconsin-based M&I Bank-said Tuesday that it plans to eliminate 143 positions across the company, including 20 in Minnesota. The positions that will be

3M Launches Architectural Markets Segment

3M Company has entered new territory with its just-launched architectural markets segment. The Maplewood-based manufacturer said that the new business will focus on surface finishes, glass finishes, and lighting. "It's

Chipotle Fired 450 in MN After Audit in 2010

Denver-based Chipotle Mexican Grill, Inc., revealed last week that it fired 450 Minnesota employees last year after an audit by the Department of Homeland Security. The restaurant chain divulged the

Best Buy Faces Class-Action Securities Suit

Richfield-based Best Buy Company, Inc., faces a securities lawsuit that is seeking class-action status based on claims that the company's misleading and false statements about its financial position caused investors
Stockbroker Brady Benson: The Waves He Made

Stockbroker Brady Benson: The Waves He Made

Up till the day he retired in October, stockbroker Brady Benson held on to the traditional commission model he followed throughout his 52-year-career: doing his own research and offering his picks to loyal clients. His industry changed; he didn't. Along the way,he helped launch numerous Minnesota companies.
Granary Road

Granary Road

A new road slated for construction this year will give greater accessibility to the University of Minnesota’s developing research park and to other property open for redevelopment near the U’s

IT Cos. N’compass and Applied Communications Merge

IT companies N'compass, Inc., and Applied Communications of Minnesota, Inc., recently announced plans to merge. Minneapolis-based N'compass, led by cofounder and CEO Gerry Hansen, and Maple Grove-based Applied Communications, led