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

Minneapolis-based Olson gets work under the Golden Arches?

Minneapolis media agency Olson is added to McDonald’s roster, according to PRWeek.

Updated: October 28, 2013, - 08:42 PM

Oct. 24: Tearful Petters pleads for lighter sentence

The man at the center of Minnesota’s biggest business fraud tells judge and a federal prosecutor: “I lied’’ during 2009 trial.

Updated: October 24, 2013, - 04:35 PM

Tom Petters returning to court in hopes of a lighter sentence

The fraud mastermind goes back to federal court this week to argue that he’d have taken a plea deal for 30 years, rather than be sentenced to 50.

Updated: October 20, 2013, - 10:48 PM

Digital devices turn up the heat on corporate risk managers

Employees with digital devices can become the targets of hackers and thieves. Risk managers are feeling that heat.

Updated: October 19, 2013, - 12:12 PM

With bacon and films, Hormel finds match made in hog heaven

A banjo picker named Devin stars in the winning entry at Hormel’s first bacon film festival.

Updated: October 19, 2013, - 07:14 AM

Petters money man Vennes gets 15 years in prison

Frank Vennes, Jr., the born-again ex-convict, who helped Tom Petters raise more than $1 billion for a fraudulent Ponzi scheme, was sentenced Friday to 15 years in prison.

Updated: October 18, 2013, - 11:17 PM

Petters money man Vennes gets 15 years

The born-again ex-convict pleaded guilty to aiding and abetting fraud in 2012.

Updated: October 18, 2013, - 01:49 PM

Oct. 15: Best Buy shares top $40 for first time since 2010

With a closing quote of $40.62, stock in the Richfield-based retailer has basically doubled since Hubert Joly took over as CEO of the beleaguered company in September 2012.

Updated: October 15, 2013, - 08:37 PM

For TV ad buyers, 'art mixes with science'

Ad buyers handicap the new TV season's shows and then choose a portfolio of spots that they hope delivers for clients.

Updated: October 13, 2013, - 07:34 PM

Oct. 10: Petters will have to wait to seek shorter sentence

The Bureau of Prisons can’t get Ponzi schemer Tom Petters to St. Paul next week, which will delay his sentence...

Updated: October 10, 2013, - 09:09 PM

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