Tokyo Electron Ltd. is buying FSI International for $6.20 per share in cash, according a news release from both companies. The Chaska-based company makes semiconductor surface-cleaning products.
BMTN Newsletters Deliver The Biggest MN Stories
He was found at the YMCA in downtown Duluth.
The USA Ryder Cup captain will return to Minnesota in July.
The deals are extremely good value at a store that sometimes isn't.
It's not clear what the motive for the killing was.
The shots were fired from outside into the front entrance of the school.
Oh, and some cool, free fun at U.S. Bank Stadium.
The interstate will undergo major work between Maple Grove and Clearwater.
A U of M tech librarian went through every song on The Current playlist over almost 10 years.
The victim suffered multiple lacerations to his head and face.
The pricey fitness equipment retailer is making a move at the megamall.
University of Minnesota scientists reveal the stark dangers climate change poses to the state.
One student and the bus driver were injured in the crash.
Richfield-based Best Buy is eliminating its $10 recycling fee for old electronics. The free-recycling offer is available at all Best Buy big-box locations. The company says it collected 83 million pounds of electronics last year.
Richfield-based Best Buy says its second-quarter net income fell 90 percent as the big-box electronics chain logged restructuring charges and saw sales continue to decline. Best Buy also withdrew its earnings view for the year. The company says it earned $12 million, or 4 cents per share, in the quarter ended Aug. 4 -- compared with $128 million, or 34 cents per share.
Ryan Robinson, who serves as Best Buy's No. 2 finance official and chief financial officer of its U.S. business unit, is joining MedExpress as its new CFO. He's among a growing list of executives departing the troubled Richfield-based electronics giant, including International CFO Dave Deno.
Richfield-based Best Buy will spend about $1.6 billion to take complete control of Best Buy Mobile. Bloomberg reports Best Buy will announce the deal to buy Carphone Warehouse Group's 50 percent share on Monday.
Store closings, layoffs, and downsized properties are some of the steps at least two analysts predict Richfield-based electronics retailer Best Buy to unveil. The company is struggling for market share against competitors such as Amazon.
Interim CEO Mike Mikan told shareholders and employees, gathered at Best Buy's annual meeting Thursday, the company is committed to changing in fundamental ways. The Richfield-based electronics retail giant plans to provide new employee training for better customer service, reduce its retail footprint and tackle trends like "showrooming" that are hurting the retailer's sales. Best Buy is also recovering from three months of internal drama, including the abrupt resignation of its founder and largest share holder Richard Schulze. He was not seen at Thursday's meeting.
Napster will be merged with Rhapsody -- creating the largest on-demand music service in the U.S. The Richfield-based electronics retailer will receive a minority stake in the company.
Best Buy Co. founder Richard Schulze, who stepped down as chairman this year, has offered to take the electronics retailer private at $24 to $26 a share, Bloomberg reports. Credit Suisse Group AG, Schulze’s financial adviser, is confident it can obtain financing for an offer, according to a letter sent to the board Monday. “I have been actively exploring all available options for my ownership stake,” Schulze, 71, said in the letter. Best Buy shares surged as much as 34 percent in early trading.