There were 25,673 foreclosures in Minnesota in 2010-an 11 percent jump from 23,092 the prior year, according to a report released Wednesday by the Minnesota Home Ownership Center, in conjunction
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Best Buy Company, Inc., is considering switching to a more consistent pricing model-but a local retail consultant is skeptical about whether it will work. Mike Vitelli, executive vice president and
Golden Valley-based Buffalo Wild Wings, Inc., on Wednesday posted better-than-expected fourth-quarter earnings as revenue soared despite slight decreases in same-store sales. Net earnings for the quarter that ended December 26
Cub Foods laid off about 200 part-time workers in the Twin Cities-or about 3.6 percent of the grocery chain's work force. The move comes at a time when Cub Foods'
Golden Valley-based General Mills, Inc., will be allowed to advertise its Progressive Light Soup as "Now Even Better," according to an advertising self-regulatory group. The National Advertising Division of the
Maple Grove-based Insignia Systems, Inc., announced Wednesday that it will receive a $125 million settlement from News America Marketing In-Store, LLC, ending a longstanding legal battle. Insignia Systems-which markets in-store
General Mills, Inc., has introduced a limited line of retro cereal boxes to be sold exclusively at Target stores. The company announced Thursday that it will sell Big G cereals-including
Maplewood-based 3M Company said Tuesday that it will pay a dividend of 55 cents per share-up 5 percent from the quarterly dividend paid last year. 3M also announced that its
On Monday, Surly Brewing Company announced plans for a $20 million "destination brewery," complete with a restaurant, bar, and event center. But the state's current liquor licensing laws prohibit large
Orbit Systems, Inc., a Mendota Heights-based information technology company, has been acquired by MindShift Technologies. Waltham, Massachusetts-based MindShift announced the purchase on Tuesday. Financial terms of the acquisition were not
Fridley-based Medtronic, Inc., announced Tuesday that its Revo MRI SureScan Pacing System-the first and only pacemaker in the United States specifically designed for use in magnetic resonance imaging (MRI) machines-has
Bankrupt retailer Ultimate Electronics is going out of business and will sell off its assets and close its 46 stores, including six in Minnesota. The Thornton, Colorado-based company filed a
The state of Minnesota increased its competitive position in the biobusiness industry from 2002 to 2007 by increasing the sector's workforce by 20 percent and continuing to grow its medical
Supervalu has long offered its own brand of many types of food and drinks-but it recently ventured into a new product category: value beer. Eden Prairie-based Supervalu said Tuesday that
Brooklyn Center-based Surly Brewing Company, which is struggling to meet demand for its popular beers, on Monday announced ambitious plans to build a new $20 million "destination brewery" featuring a
Wells Fargo & Company ATMs crashed on Monday afternoon, inconveniencing thousands of customers. A majority of the bank's 12,000 ATMs nationwide stopped working and started displaying "Out of Service" messages
Eden Prairie-based Alliant Techsystems, Inc. (ATK), hopes to be selected for a NASA-administered program to develop and demonstrate systems for human spaceflight. The aerospace and defense company said Tuesday that
Steven Leach, a former executive of fallen auto mogul Denny Hecker, was sentenced Tuesday to 27 months in prison and three years of supervised release, and was also ordered to