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
The delivery company needs to fill a mixture of holiday and full-time positions.
The Viking great and former Minnesota Supreme Court Justice was among seven honored at the White House on Friday.
One of the victims says the carcasses were placed on vehicles belonging to Somali immigrants.
The Packers lost on Thursday Night Football, putting their playoff hopes in peril.
333 people have died on Minnesota roads in 2018.
Its new Richfield bakery/coffee shop opened its doors on Thursday.
It's the latest of a growing number of weekend closures on the busy interstate.
The turkey has use-by-dates of Oct. 1 and Oct. 2, so it might be in your freezer.
A 17-year-old driver from Rochester ignored the stop arm and flashing lights.
Police say the dogs charged at them when they entered the house.
Minnesota played without Zach Parise, who was sick.
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.
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.
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.
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.
