Inver Grove Heights-based CHS, Inc., on Tuesday announced the appointment of a new leadership team, effective January 3. The team, selected by president and CEO designate Carl Casale-who also starts
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Ritchie Capital Management, LLC-an Illinois-based investment firm that lost big as a result of Tom Petters' $3.65 billion Ponzi scheme-announced Monday that it has filed a petition with the U.S.
Kenneth Hasse, who was chairman at now bankrupt ConServe Corporation, was charged Friday with one count of conspiracy to commit wire fraud and one count of tax evasion for defrauding
Eden Prairie-based SurModics, Inc., announced Tuesday that it has appointed Gary R. Maharaj as its CEO and will explore strategic options for its pharmaceutical business, including a possible sale. Maharaj
Richfield-based Best Buy Company, Inc., on Tuesday reported third-quarter earnings of $217 million, or 54 cents per share-down from $227 million, or 53 cents per share, during the same period
Richfield-based Best Buy Company, Inc., has reached a settlement with the State of Connecticut through which it will pay the state $399,000 to have a lawsuit dropped. The State of
SurModics, Inc.'s largest shareholder-Ramius Value and Opportunity Advisors, LLC-on Monday officially nominated three candidates for the company's board of directors. Last month, Ramius-which owns about 12 percent of SurModics' shares-submitted
A list of the top 10 social media personalities from the Twin Cities was announced last week, and the diverse pool of winners reflects the wide array of uses-and users-of
A California Department of Insurance commissioner on Monday issued an order blocking a UnitedHealth Group subsidiary from paying $120 million in dividends to its parent companies. On December 8, PacifiCare
Brea, California-based Beckman Coulter-which has a manufacturing facility in Chaska that employs about 750 people-is reportedly looking at buyout offers, according to reports from The Wall Street Journal and Bloomberg.
Dell, Inc., which announced last week that it was in "advanced discussions" regarding a merger with Eden Prairie-based Compellent Technologies, Inc., said Monday that the companies have reached a deal.
Hormel Foods Corporation on Monday announced that its board of directors has authorized a two-for-one split of the company's common stock. If approved by stockholders, the split will be the
A health clinic in Apple Valley has agreed to pay $195,000 to settle a suit that accused it of improperly billing the federal Medicare and Medicaid programs for outpatient services,
November home sales in the Twin Cities have rebounded slightly and have returned to 2007 and 2008 levels, despite seeing a 39 percent decrease from 2009. According to reports released
The University of Minnesota spun out more companies in fiscal 2010 than it did in any of the previous five years-but revenue from technology commercialization was down from last year,
United Properties and StuartCo, both of which are based in Minneapolis, announced Thursday that they have received approval from the City of Bloomington to commence construction of a multi-phase retail
David McCaffrey, a businessman from Wayzata, was sentenced Thursday to two-and-a-half years in prison for defrauding investors out of $8 million. The sentence, which was handed down in U.S. District
Public-sector pay should be changed to better reward productivity and efficiency, according to a report released Thursday by the Minnesota Chamber of Commerce and commercial real-estate trade association NAIOP Minnesota.