Here are the week's top business stories from the Editors of Twin Cities Business:

Target Lays Off Hundreds In Twin Cities, India

The eliminations were expected as part of company ending Canadian operations.

Neighborhood Task Force OKs High Rise At Nye’s Site

The proposal faces sharp opposition from the neighboring church.

Imation Mulls Options After More Dismal Financials

It has struggled in the years since spinning off from 3M Company.

 Mpls.-Based SportsData Snags NASCAR Deal

The company will be the first to provide full-weekend race series results.

Fastenal 8th On Reputation-Based Top 100; Pentair Makes Cut

The Harvard Business Review placed the companies in its 100 best performing CEO rankings and recently revised the list based on non-financial reputation.