Denny Hecker, the fallen Twin Cities auto mogul, has pleaded guilty to two fraud charges in a plea deal that could get him a maximum of 10 years in prison. Prosecutors say Hecker's fraud cost his lenders more than $20 million in losses, and that the purpose of the scheme was to support his lavish lifestyle.
Twin Cities Metro Transit bus drivers have overwhemingly rejected a contract offer from the transit agency, according to union officials.
The state of Minnesota will lend $250,000 to a biotech company that's attempting to capitalize on scientific advances pioneered at the University of Minnesota.
Minnesota Health Department officials are warning consumers about potential E. coli contamination in raw milk sold by the Hartmann Dairy farm in Gibbon.
The owner of Minnetonka-based Michael Foods is selling the supplier of refrigerated foods to an investment fund run by Goldman Sachs for about $1.7 billion.
New Orleans has decided against hiring retiring St. Paul police chief John Harrington as the next top cop in the Big Easy.
The government is seeking information about company communications related to insurance coverage of implantable defibrillators.
Delta Air Lines said flights from the U.S. to Europe will be back to normal by Wednesday, after an ash cloud cleared the air of nearly all trans-Atlantic flight traffic.
The White House Council of Economic Advisors estimates the federal stimulus plan provided Minnesota with 56,000 more jobs than there would have been otherwise in the first three months of the year.
Boston Scientific is suspending shipments of two kinds of implantable cardiac devices after realizing it had failed to notify regulators of manufacturing changes.
Democratic members of the U.S. Congress want to hear from the head of Minnetonka-based UnitedHealth Group and the CEOs of three other large for-profit health insurers.
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.