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.

Recent content from David Phelps

Judge gives Petters’ latest appeal a speedy denial

Petters contends that the judge has a conflict of interest and that his indictment was flawed.

Updated: March 11, 2014, - 09:04 PM

Tequila business comes to Minneapolis agencies

Before you know it, Minneapolis might be known as “tequila town,” at least in the advertising world.Two Minneapolis marketing firms...

Updated: March 07, 2014, - 08:39 PM

Walker’s fraud case goes to jury

Ex-Bixby CEO lied to investors, prosecutors conclude. His attorney says Walker is “not a criminal.”

Updated: March 03, 2014, - 08:52 PM

TGI Fridays sale could be near, report says

Carlson has been seeking a buyer for the venerable restaurant chain since November.

Updated: February 28, 2014, - 08:51 PM

Testimony ends in ex-Bixby CEO's fraud trial

“You’re a hard man to pin down,” prosecutor tells ex-CEO Robert Walker during last hours of often-combative cross-examination.

Updated: February 27, 2014, - 09:02 PM

Walker says Bixby investors were his top priority

“People … believed in me,” former CEO testified in fraud trial. Prosecutors were skeptical.

Updated: February 26, 2014, - 09:25 PM

Walker on stand: 'Never' meant to defraud Bixby investors

The 71-year-old former CEO testified in his own defense Tuesday

Updated: February 25, 2014, - 09:22 PM

Bixby’s coal gasification held promise, witness says

“I thought the sky was the limit,” energy consultant told court as defense began.

Updated: February 24, 2014, - 08:29 PM

Snap Fitness expands its portfolio into kickboxing, yoga, group training

As the health club industry grows, Snap Fitness is expanding its exercise portfolio into kickboxing, yoga and group training.

Updated: February 24, 2014, - 01:14 PM

Feb. 21: Ryan plans Downtown East hotel, apartments

Ryan’s Downtown East hotel would use the new Radisson Red concept aimed at young adults.

Updated: February 21, 2014, - 10:50 PM

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