Twin Cities Business' cover story this month tells "The Untold Story of Tom Petters." In the piece, convicted Ponzi schemer Tom Petters asserts his innocence. "Petters remains adamant that others took a legitimate business and turned it into a Ponzi scheme without his knowledge," writes Twin Citie ... More >>
After rejecting a $6 billion purchase offer from Google, GoogleGroupon plans to IPO with a $30 billion valuation. Word on the street--from its SEC filing, actually--is that Groupon owes $681 million in current liabilities and has just $376 million in assets. But how can Groupon possibly lo ... More >>
Sally Smith didn't quite sell enough wings last year, so she took a pay cutSally Smith is known for doing whatever it takes to make her company, Buffalo Wild Wings, successful. And last year, apparently that meant a massive pay cut. Documents filed with the Securities Exchange Commission on ... More >>
Rochester man promised gold mines and made off with the cash
Oliver Stone's sequel lets the bad guys off easy
Swindler Trevor Cook won't be preying on anyone anymore.Trevor Cook preyed on the good will, and often the religious faith of hundreds of victims to run a tawdry, $190 million scam out of the Van Dusen Mansion in Minneapolis. Now he's going to prison for a very long time.
The Lowes enlist celebritieslike Brett Favreat a hefty price
"Mr. Cook has elected to disregard the court's orders and will now be a guest of the federal correctional system."
For Trevor Cook, accused with a syndicated radio talk show host of running a $190-million Ponzi scheme from the Van Dusen Mansion, the law appears to be tightening its grip.
Court documents suggest a Minneapolis landmark was bought with ill-gotten gains.
Administration lax on cleaning up AIG, Bear Stearns, and Lehman Brothers
In response to the negative press, Nasser Kazeminy released a statement about his ex-associate to try and discredit his testimony in the case against him.
Former Qwest CEO Joe Nacchio was convicted, but that's small consolation to Minnesotans who lost their savings
With a new bill, Northwest puts Wall Street in first class and throws its retiring workers in steerage
Bush and the GOP run into troubles--but serious political opposition is not one of them
Airlines go for broke while executives take the cash
Pulitzer Prize-winning reporter David Cay Johnston talks about the retooling of the tax code to serve the very rich at the expense of the middle
Connect people’s phones? Respond to customer complaints? Abide by state rules? Please. A brave new U S West can’t be bothered with trivial details.
Securities scams, karaoke-bar brawls, and the occasional boozy ride: At least there's one championship the Vikings might be winning
A Minneapolis elementary school sends the Edison Project packing--and district administrators back to the drawing board
While some business owners fight for their names in court, David Unowsky surrenders Hungry Mind the easy way
The Edison Project's formula is simple: Take a Minneapolis public school, add some entrepreneurial savvy, and watch the profits roll in. Trouble is, it doesn't add up.
With labor unrest brewing among airline employees, Northwest's PR doctors keep spinning in the wind
After years of gathering dust on drugstore shelves, the female condom may finally be on its way to finding acceptance among gay men and Third World women.
Special "hush kits" make airplanes quieter. Do they also make them more dangerous?
Disney takes the Sin out of Synergy in its heavily hyped stage premiere of The Lion King.
A newly rehabilitated--and temporarily stabilized--Northwest Airlines is poising itself for the next round of industry mergers and acquisitions.
The general and his suitors