The University of Minnesota said Tuesday that it has spun off a medical device start-up. Called XO Thermix Medical, the company is developing a device to treat chronic venous insufficiency

G. Mike Mikan, chief financial officer (CFO) of Minnetonka-based UnitedHealth Group, Inc., ranked 13th on Fortune's 2010 list of "40 Under 40"-an annual list of the fastest-rising stars in the

After nearly four years of planning and preparation, the merged group of cardiologists and cardiovascular surgeons from the University of Minnesota and the Minnesota Heart clinic finally has a name:

For the second year in a row, Minnesota is the eighth most energy efficient state in the country-tied with Connecticut-according to the 2010 State Energy Efficiency Scorecard from the American

Minneapolis-based Piper Jaffray Companies announced Tuesday that its private capital business will transition into an independent, private firm, which will be rebranded as North Sky Capital. The company said that

Two new programs will free up $79 million for communities to improve highways and perform public infrastructure projects that support economic development. The Minnesota Department of Employment and Economic Development

The local office real estate market is continuing to improve after posting positive absorption for the second quarter in a row, according to a third-quarter report released recently by the

Presbyterian Homes & Services made its final $7.85 million payment last week for the Wayzata Bay Center, which the Wayzata Bay Redevelopment Company will turn into a $255 million development.

Minnesota State Colleges and Universities (MnSCU) announced Monday that more than 200,000 students are attending its network of 32 schools this fall. The headcount reflects the fifth consecutive increase in

Local bike-share program Nice Ride Minnesota recently announced plans to expand to north Minneapolis in 2011. The nonprofit organization-which was made possible through the contributions of both public and private

Minneapolis-based RedBrick Health Corporation announced Tuesday that it has purchased health technology start-up Social Kinetics. Financial terms of the acquisition were not disclosed. RedBrick Health-which sells its products to employers

Six ethnic chambers of commerce and business associations plan to join forces under one roof-a move that is hoped to cut costs and give them greater advocacy power. The six

TCF National Bank on Tuesday filed a lawsuit against the six members of the Federal Reserve System's board of governors, challenging the constitutionality of an amendment in the recently passed

Chasewood Gates, an upscale apartment complex located at 6100 Chasewood Parkway in Minnetonka, has been purchased for about $22.7 million. Keith Collins of CB Richard Ellis in Minneapolis-who helped arrange

Little Canada-based Apex announced Monday that it has acquired Green Bay, Wisconsin-based LaserNet, LLC-a provider of document delivery solutions to the health care, financial services, transportation, and utilities industries. Financial

The U.S. Health and Human Services Department (HHS) announced Friday that it has awarded $19.9 million to help fix up 17 community health centers in Minnesota. The funding is being

The Minnesota High Tech Association (MHTA) announced Monday that Margaret Anderson Kelliher has been chosen to serve as its next president-a role that she will assume in January. Kelliher-who now