Target Corporation's fourth-quarter earnings jumped 10.5 percent over the same period last year, driven by strong sales in the holiday season and lower expenses from shoppers' bad credit card debts.
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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
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 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
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 Company, Inc., on Monday announced plans to significantly restructure its operations in China. The Richfield-based electronics retailer plans to shutter its nine Best Buy-branded stores in China, although
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
The Federal Reserve's board of governors on Friday filed court documents asking a federal judge to dismiss a lawsuit filed against it by TCF Financial Corporation. TCF sued six members
Lady Gaga wants Target Corporation to make amends with the gay community-and the popular singer claims that her recently announced partnership with the Minneapolis-based retailer was made with that stipulation.
Medtronic, Inc., on Tuesday announced plans to reduce its global work force by 4 to 5 percent, or 1,500 to 2,000 positions during the fiscal fourth quarter. The announcement was
The worst of the recession may be over for Minnesota manufacturers, a just-released survey suggests. The survey, a research project sponsored by Enterprise Minnesota and its partners, found that fewer
An Eagan company holds more than 80 patents that put the greenhouse gas to good use.
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.
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 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
A man from Cottage Grove pleaded guilty on Friday to defrauding investors in a real estate scheme, according to the U.S. Attorney's Office. Robert W. Dufresne, 46, admitted in federal
Attorney Jon Hopeman appeared before a panel of judges on Thursday and explained why he believes convicted Ponzi schemer Tom Petters deserves a new trial. Petters is currently serving a
Within six months of making a controversial political donation, Target Corporation has revised its policy about such contributions. According to a "civic activity" page on the Minneapolis-based retailer's Web site,