Thief River Falls-based Digi-Key Corporation announced Friday that it has surpassed $1 billion in worldwide sales for 2010. The company, which distributes electronic components, said that it anticipated reaching the

Government funds amounting to $3.3 million will help pay for $8.5 million worth of expansion and energy efficiency upgrades at J&J Distributing in St. Paul's North End. Various government leaders

St. Jude Medical, Inc., said Tuesday that it plans to pay $60 million for a 19 percent ownership stake in CardioMEMS, Inc., an Atlanta-based medical device company that has developed

A division of Cargill, Inc., has recalled about 8,500 pounds of ground beef due to possible E. coli contamination, the U.S. Department of Agriculture said in late August. Cargill Meat

Wayzata-based Cargill, Inc., announced earlier this week plans to close its meat-packing facility in Toronto, Ontario. The plant will cease operations next spring. Cargill said that the closure will impact

A Minnesota woman is suing Wayzata-based TCF Bank and TCF Financial Corporation, alleging that the bank's "arcane and obfuscatory" policies caused her to lose thousands of dollars in overdraft fees.

North Memorial Health Care President and CEO David W. Cress has been suspended from the hospital system without pay for an indefinite period. North Memorial's board of trustees made the

Rimage Corporation, an Edina-based provider of digital publishing solutions, announced Tuesday that it won $2.8 million in new video surveillance orders from U.S. federal agencies. Two law enforcement agencies will

The long-vacant campus in Woodbury that previously served as the State Farm regional headquarters has attracted a buyer. St. Paul-based Wellington Mangagement, Inc., has entered a purchase agreement for the

Target Corporation's same-store sales and net retail sales both increased in August. Same-store sales-sales at stores open for at least a year and a key measure of retailer performance-increased 1.8

The University of Minnesota and the Metropolitan Council on Wednesday reached a final agreement to settle a university-filed lawsuit related to concerns about the Central Corridor light-rail transit project. The

Following an agreement reached with one of its major shareholders, Vadnais Heights-based Angeion Corporation has replaced two of the seven directors on its board and will soon name someone to

North Memorial Health Care President and CEO David W. Cress, 60, was arrested Wednesday morning by Richfield police and faces a misdemeanor prostitution charge. Richfield police Lieutenant Jay Henthorne confirmed