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Young Invincibles Report

Jobless Young People Add $53 To Your Tax Bill, Study Says

A new study suggests that the federal government would recoup billions of dollars if more young people found work; it turns out, however, that Minnesota’s labor force is not to blame.

January 09, 2014

CliftonLarsonAllen Acquires Three East Coast Firms

Anticipating more regulatory effects on the financial services industry, CliftonLarsonAllen acquired Bankers Advisory, expanding its mortgage compliance offerings; it also acquired two more firms.

January 02, 2014

Target Cartwheel

Target Touts Digital Growth, 100% Jump In Mobile Sales

Target is trumpeting recent growth in its online sales, but it’s unclear exactly what impact those digital channels are having on the retailer’s bottom line.

December 19, 2013

Champps Restaurants, Founded In MN, Files For Bankruptcy

The Champps sports-bar chain, which was founded by a Twin Cities restaurateur and is owned by a Kansas-based company, reportedly filed for Chapter 11.

December 17, 2013

Nanne Leads Fundraising For U Of M Sports Facilities Project

Lou Nanne will lead fundraising efforts for $190 million in upgrades at U of M sports facilities; TCB recently reported on the school’s ambitious plans.

December 10, 2013

Regis' headquarters

Regis Stops Paying Dividends, Changes How It Spends Cash

The salon chain operator said it is implementing a “new capital allocation policy” as it attempts to turn itself around, and it determined that paying dividends is “not the best use of excess capital.”

December 05, 2013

Court Lets Trustee Consolidate Petters Clawback Cases

A federal bankruptcy judge gave trustee Doug Kelley approval to consolidate nine different cases, a move that Kelley said solidifies his ability to pursue money from large hedge funds.

November 25, 2013

Bank Deal Requires Dolan To Come Up With $50M In Cash

An amendment to Dolan’s loan agreement also moves up a due date, reduces the amount of money available in a revolving credit facility, raises the interest rate, and limits capital expenditures, among other things.

November 07, 2013

Mpls. Investment Adviser Agrees To Settle SEC Charges

Knelman Asset Management Group agreed to pay penalties to settle allegations that it violated a rule meant to ensure the safekeeping of customer funds.

October 29, 2013

Auditor finds financial missteps by stadium authority

An auditor’s report finds the state panel overseeing the new Vikings stadium made some financial mistakes in its early months. But the Office of the Legislative Auditor concluded that overall...

October 17, 2013

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