David Phelps

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David Phelps

Reporter | Professional services

Phone: 612-673-7269

David Phelps covers the business of law, advertising and financial services. He previously led coverage of the Tom Petters fraud investigation and continues to cover its afternmath. Phelps is a former member of the Star Tribune Washington Bureau who has also covered state and local government and politics.

For Best Buy, buyback program was a costly dud

Lawsuit alleged the company couldn't launch it in time for Super Bowl ad.

Updated: December 29, 2012, - 09:08 PM

Investors claim St. Jude buried FDA worries over device wires

The troubled Durata defibrillator lead manufactured by St. Jude Medical Inc. is the subject of a growing number of lawsuits by investors claiming the company downplayed concerns by the Food and Drug Administration over the manufacturing process.

Updated: December 20, 2012, - 09:20 PM

Carlson dynasty gets new leader

Diana Nelson, 50, has served on the board of the travel and hospitality giant for nine years.

Updated: December 18, 2012, - 12:17 PM

Obituary: Pilot Larry Diffley was a legend in the air

Long-time pilot Larry Diffley, 74, was conducting aerial pipeline survey in Illinois.

Updated: December 13, 2012, - 09:20 PM

Seven Corners Holiday Inn near I-35W in Minneapolis has been sold

The Seven Corners Holiday Inn near the University of Minnesota has been sold to Heartland Realty Investments for $12.75 million, according to Finance & Commerce. The new owners plan to spend an additional $10 million for renovation of the 265-room hotel.

Updated: December 13, 2012, - 09:53 AM