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Friday, March 12, 2010
   
Minneapolis News
Qwest faces a rough road on many fronts
It's no secret that many Qwest Communications customers appear to have little confidence in their phone company. General Motors Corp. , ousted the mayor midway through his third term.
New Issue-St Paul Companies sells $500 mln in debt
St. Paul Companies, Inc.Minnesota-based insurer, sold $500 million in five-year notes, said joint lead manager Salomon Smith Barney on Wednesday.
 
Survival Tactics in Today’s Belt-Tightening Hiring Game
We’re lucky in Minnesota because we haven’t had as many layoffs as in other parts of the country.
 
Welfare cutoffs to be fewer Up to 75% of families likely to get deadline extensions past June 30
As the first Minnesota families approach their five-year limit on welfare this summer, counties are projecting that fewer than originally estimated will actually be cut off from public assistance.
 
GreenMan Tech acquires the ops of An-Gun
GreenMan Technologies announced that it has acquired the operations of An-Gun, Inc., a Wisconsin based company.
 
3Ms operating earnings in 4Q drops 13 pct
3M Co. recently has said its fourth-quarter operating earnings fell 13 percent as weak economies worldwide hurt sales.
 
Regional News
Companies that have downsized battle to keep morale high among remaining workers
There are also cost-effective ways to soften the blow of a termination or pay cut, no matter what the size of the company involved
 
Mirant begins job cuts
"This is part of the overall strategy to refocus on the business of strengthening the balance sheet."
 
Sprint lays off 130 in Dallas
Waste Management Inc. announced it is implementing a plan to adopt a new organizational structure that will align its businesses with market areas, eliminate one management layer, and reduce its workforce by approximately 2,000 positions or 3.5 percent.
 
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