Boston Scientific says it will cut as many as 1,300 jobs after losing $1.1 billion in the fourth quarter, but the company did not indicate how many job cuts might hit in Minnesota.
Twin Cities' realtors associations are giving another mixed report about the local housing market.
The Minnesota Commerce Department Friday shut down 1st American State Bank of Minnesota, located in Hancock in west central Minnesota.
The Federal Reserve Bank of Minneapolis has named Kei-Mu Yi to replace Art Rolnick as the bank's director of research.
The FDIC has closed another Minnesota bank, this time Marshall Bank of Hallock in northwestern Minnesota.
General Mills and the Mayo Clinic have moved up the rankings in Fortune magazine's annual list of the 100 best companies to work for.
North Star Foods has decided not to rebuild a meat and poultry processing plant in St. Charles that was destroyed by fire last year, eliminating 250 jobs.
The utility leading an effort to build a $1.6
billion coal-fired power plant in South Dakota that would serve
five states has pulled out of the project.
Ford Motor Company says August sales of the Minnesota-made Ranger pickup truck jumped 57 percent compared to last year.
The Federal Reserve Bank of Minneapolis has named the bank's chief operating officer as acting president effective Tuesday.
Minnesota's job market bounced back in dramatic fashion in July.
The Twin Cities real estate market saw a 20 percent increase in home sales last month compared to June of last year.
Embattled auto dealer Denny Hecker has filed for personal bankruptcy. The filing comes in the wake of a nearly $480 million judgement that his long-time lead financer, Chrysler Financial, won against him.
Amid a downturn in the boat-building industry, Minneapolis-based Genmar Holdings has filed for bankruptcy protection. The privately-held company is headed by Twin Cities businessman Irwin Jacobs.
Minnesota saw a jump in hiring demand in May, according to a leading business research organization.