Best Buy has named the three more outside board members will search for the electronics retailer's next chief executive.
With stock price down by more than half over the past two years, Best Buy's investors are debating whether the company is ripe to be acquired in a leveraged buyout.
Best Buy's board of directors is investigating the personal conduct of Brian Dunn, who resigned last week as CEO. Experts say internal investigations can be as much about protecting the company and its investors as it is about identifying wrongdoing.
Best Buy's board will disclose the results of its investigation into the personal conduct of departed CEO Brian Dunn.
Former Best Buy CEO Brian Dunn resigned Tuesday amid an investigation into his personal conduct.
The Best Buy board of directors says the resignation of CEO Brian Dunn has not ended its investigation into his personal conduct.
Brian Dunn resigned as the CEO of Best Buy Tuesday after the company launched an investigation into his "personal conduct," according to a statement released by the company.
More than 1,200 attendees are expected at a medical device conference -- the largest in the world -- today at the University of Minnesota.
Summer airfares are climbing as airlines pass on higher fuel costs and cut back on flights, running counter to the long-term trend.
Target's sales last month topped the retailer's estimates, as unseasonably warm weather and an earlier Easter holiday boosted purchases of spring merchandise.
Target has hired a new chief marketing officer.
Jeffrey Jones, 44, has held positions in both the retail and advertising industries.
Two leading indicators suggest Minnesota's economy continues to gain strength.
Best Buy will close four Twin Cities-area stores and another location west of Minneapolis, as part of its move to shut down 50 big-box stores nationwide.
Best Buy Co. said it plans to close 50 U.S. big box stores and open 100 small mobile locations in the U.S. in fiscal 2013 and cut $800 million in costs by fiscal 2015. The news came Thursday as the Minnesota-based electronics retailer posted a fiscal fourth quarter loss of $1.7 billion.
The combined company's headquarters will be in Minnesota. Pentair CEO Randall Hogan will lead the organization. And he says it'll be a powerhouse.