In mid-January, thousands of consumers in Minnesota will be required to find a new telecommunications provider. Winona-based Digital Telecommunications, Inc. (DTI), will cut off its services on January 13. The
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St. Paul-based Quality Tool, Inc., said Friday that it has been acquired by Demmer Investments IV, Inc.-an entity formed by the shareholders of Lansing, Michigan-based Demmer Corporation. Financial terms of
The Federal Reserve Board on Thursday proposed new rules regarding interchange fees that merchants pay banks when customers make debit card transactions. The proposal would implement provisions in the recently
R. Winston Wallin, a former leader at both Medtronic and Pillsbury and a well-known local philanthropist, died Monday morning after an eight-month battle with abdominal cancer. He was 84. Wallin,
Following slow but steady economic improvement in recent months, the Federal Reserve Bank of Minneapolis said Thursday that it expects that rebound to gain more steam in 2011. However, the
StoneArch Creative, a Minneapolis-based health and medical marketing agency, has given away $5,000 within five days to the charitable causes that generated the most tweets through social media site Twitter.
Marshall & Ilsley Corporation-parent company of M&I Bank-has agreed to be acquired by BMO Financial Group in a stock-for-stock deal that's valued at $4.1 billion. Under the terms of the
The Federal Bureau of Investigation (FBI), with the aid of local police officers, on Tuesday raided the Forest Lake office of Alternate Billing Corporation. On Thursday, the FBI posted a
Roger Anthony Coombs, a former tax agent for the Internal Revenue Service (IRS), was sentenced Thursday to two years and nine months in prison, Minnesota's U.S. Attorney's Office said Thursday.
Minneapolis-St. Paul suffered one of the worst job losses in the high-tech industry during the recession, according to a report by Washington D.C.-based TechAmerica Foundation. The report states that the
The Minneapolis Planning Commission on Monday approved plans to expand Calhoun Square as a retail-only building despite concerns from local residents and a recent commitment to include structural components for
Cargill, Inc., has reportedly spent more than $1 billion to expand its presence in Australia and Indonesia. The Wayzata-based company announced on Wednesday that is has agreed to purchase a
EnteroMedics, Inc., said Tuesday that it netted about $27.6 million from its recently closed public stock offering. The Roseville-based medical device startup said that it closed its offering of 17.02
A newly formed group of Minnesota's science and technology stakeholders tentatively plans to ask the state legislature for $10 million next year and $750 million over the next 10 years
Minnesota's November unemployment rate remained unchanged from the previous month, according to figures released Thursday by the Minnesota Department of Employment and Economic Development (DEED). The state's unemployment rate held
PolyMet Mining Corporation may soon receive $4 million in funding from a Minnesota agency-the next step toward commencing the first copper-nickel mining operation in Minnesota. The board of Eveleth-based Iron
Four months after it began exploring "strategic alternatives," Regis Corporation said Wednesday that its board has decided that it will continue with its existing business plan and remain an independent
Two organizations that represent University Avenue businesses are fighting to delay construction of the Central Corridor light-rail transit line until a compensatory fund of at least $20 million to $30