University of Minnesota President Eric Kaler says he wants to cut administrative costs by $90 million over the next six years. Kalar told the Board of Regents Friday he wants to cut $15 million a year, starting this year. The money would be used for non-administrative activities and to curb the increased cost of attendance for students.
The Minnesota Orchestra says it will return nearly $1 million to the state arts board as its lockout of musicians continues.
Minnesota State Lottery players won nearly $3.9 million in prizes during the 6 ½-week run up to Saturday night’s Powerball jackpot drawing. The run ended with a single $590.5 million winning ticket sold in Florida. But two tickets sold in Minnesota for the drawing are worth $10,000.
Caribou Coffee is being taken private by a German holding company in a deal valued at about $340 million.
Free agent outfielder Torii Hunter has agreed to a $26 million, two-year deal with Detroit, giving the Tigers a capable corner outfielder coming off an impressive season at age 37.
The 2012 Presidential campaign set a record this week, but it’s one that calls for a Reality Check. The campaigns and their supporters have already spent as much money so far – it’s only mid-August — as they did for the entire 2008 campaign.
The Minnesota Timberwolves kept up their aggressive push to upgrade their promising young roster on Thursday, waiving center Darko Milicic and formally submitting their offer sheet for restricted free agent forward Nicolas Batum.
A Hot Lotto ticket with a $2.99 million jackpot has been sold in Nicollet County Wednesday, according to the Minnesota State Lottery.
A cost-saving service that helps Minnesotans pay their traffic tickets and other citations by phone has now logged over 1 million calls.
Sen. Amy Klobuchar says Minnesota is getting over $25 million in federal money for conservation projects and hunter education.
Scientists at the University of Minnesota and other schools will studying how to keep Midwest corn-based cropping systems resilient amid climate uncertainties.