The Department of Commerce's National Telecommunications and Information Administration (NTIA) announced Tuesday that it has awarded Connect Minnesota about $2.7 million to further implement broadband initiatives. The funding was awarded

Digital Angel Corporation announced Tuesday that it has rejected a $17 million buyout offer by PositiveID Corporation. Delray Beach, Florida-based PositiveID, a former Digital Angel subsidiary, made an offer to

Minneapolis-based U.S. Bank, NA, was ordered by a Texas judge on Monday to pay an additional $26.6 million for infringing on DataTreasury Corporation's patents-double the original amount of damages that

Home prices in the Twin Cities metro area decreased 1.2 percent from June to July-representing one of the highest decreases among 20 metro areas tracked by Standard & Poor's/Case-Shiller Home

The Ramsey County Attorney's Office has charged a St. Paul couple with five felony tax counts each for failing to report taxable business income in excess of $1.2 million, the

St. Jude Medical, Inc., and former executive Joseph McCullough settled a lawsuit in which St. Jude accused McCullough of violating a noncompete agreement when he accepted a job with competitor

The State of Minnesota's Office of Enterprise Technology (OET) announced Monday that it has signed an agreement with Microsoft Corporation, through which the state office will transition its e-mail, instant

Richfield-based Best Buy Company, Inc., plans to hire 29,000 seasonal employees during the 2010 holiday season-the same number as last year. "It is our most important holiday season ever," CEO

Ecolab, Inc., said Monday that it has agreed to buy Cleantec, an Australian developer, manufacturer, and marketer of cleaning and hygiene products. St. Paul-based Ecolab will buy the company from

James Carl Gustafson, a former executive of Denny Hecker, on Monday pleaded guilty to one count of making a false statement to investigators and one count of mail fraud. He

U.S. District Court Judge Paul A. Magnuson on Monday issued a judgment ordering Xcel Energy, Inc., to hand over documents outlining plans for two of its power plants in Minnesota.

A federal lawsuit accusing the Mayo Clinic of fraudulent billing was unsealed last week, just one day after the U.S. Department of Justice joined the suit. Originally filed in November

Minneapolis-based Manhattan Toy has sued Dover, New Jersey-based Automoblox Company alleging that it did not honor obligations that were outlined in the companies' license agreement. According to the complaint, which

Wayzata-based Cargill, Inc., announced Friday that it has entered an agreement to acquire Unilever's tomato products business in Brazil for approximately $350 million. The deal, which includes a manufacturing facility

Doran Companies announced last week that business within its construction arm has increased 75 percent within the past year. The Bloomington-based commercial development company has steadily added new projects in

Eden Prairie-based HighJump Software, Inc., announced Monday that it has reached an agreement to acquire TrueCommerce, Inc., a Cranberry Township, Pennsylvania-based provider of data-transfer services. Financial terms of the transaction