Eden Prairie-based Supervalu, Inc., announced Thursday that it has named Sherry Smith as the company's chief financial officer (CFO)-a post she had previously held on an interim basis. Smith will

A months-long, contentious legal dispute between the U.S. Environmental Protection Agency (EPA) and Minneapolis-based Xcel Energy, Inc., has been settled. Court documents filed Thursday state that Xcel has agreed to

General Mills said Thursday that it has reduced sugar levels in kids' cereals by 14 percent on average since 2007-and 8 percent of that reduction was achieved in 2010. Last

Richfield-based Best Buy Company, Inc., and Wayzata-based Cargill, Inc., are among five U.S. companies that were honored earlier this month by the U.S. Chamber Business Civic Leadership Center (BCLC). The

A California production company run by a former member of '90s boy-band 'NSync is being sued in the Polaroid Corporation bankruptcy case. On November 23, court-appointed Chapter 7 trustee John

A company that's redeveloping Calhoun Square recently submitted a compromise to its expansion plans that now includes a mixed-use building, which would put to rest concerns from a local resident

Eden Prairie-based Compellent Technologies, Inc., may be acquired by Dell, Inc., the companies announced Thursday. In a news release, the companies said that they have "entered into an exclusive agreement

Hormel Foods Corporation has distributed $21.2 million in employee bonuses over the past few weeks-including a record $16.3 million through its annual profit-sharing program. The Austin-based company has distributed profit-sharing

Fridley-based Medtronic, Inc., disclosed in a Wednesday regulatory filing that it has been subpoenaed for information relating to some of its neurostimulation devices. According to the U.S. Securities and Exchange

Downtown Minneapolis skyscraper One Financial Plaza was recently turned over to its lenders after property owner Behringer Harvard defaulted on its loans. Industry experts believe this is the first instance

The City of Minneapolis is looking to cut about $6.1 million from its 2011 budget, lowering the property-tax increase that is needed to cover its obligations to three pension funds.

Eden Prairie-based Supervalu, Inc., announced Wednesday that it has entered into a stock purchase agreement for the sale of its wholly owned subsidiary, Total Logistic Control (TLC). TLC, which provides

Holiday shoppers are choosing Target over Walmart this season, according to a survey by America's Research Group (ARG) in Charleston, South Carolina. Retail researcher Britt Beemer of ARG surveyed 1,000

People in the Minneapolis-St. Paul metro area are more prepared for retirement than those from any other city in the United States, according to data released Tuesday by Minneapolis-based Ameriprise

The Minnesota Supreme Court on Friday signed an order that disbarred once-prominent local attorney Aaron Biber, who was recently sentenced to 18 years in prison for raping a 15-year-old boy.

An organization headed by a long roster of leaders from Minnesota's largest companies is calling on the State Legislature to focus on preparing children for school. The Minnesota Early Learning

E-Shops Corporation, which does business as Paintball Punks, filed a lawsuit last month in Hennepin County District Court alleging that it lost money as a result of U.S. Bank concealing

The U.S. Consumer Product Safety Commission (CPSC) on Tuesday announced the voluntary recall of 1,500 children's tents that were sold exclusively at Target stores and on the retailer's Web site.