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

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

French Meadow Bakery expanding to St. Paul

The French Meadow Bakery, a staple of Minneapolis since 1985, is expanding to St. Paul.

Updated: December 12, 2012, - 10:05 AM

Trader Joe's says no to Excelsior store

Trader Joe's has put the kibosh on a long rumored store in Excelsior.

Updated: December 11, 2012, - 12:42 PM

State farm exports hit record high

Minnesota farm exports reached a record $6.8 billion last year, according to figures released Tuesday by the Minnesota Department of Agriculture. That was a 13 percent rise over exports in 2010.

Updated: December 11, 2012, - 11:51 AM

Ex-Target executive is heading to DreamWorks

Michael Francis, who briefly led J.C. Penney, will develop studio's reach worldwide.

Updated: December 10, 2012, - 09:29 PM

Minneapolis ad agency adjusts to life after Target

After the 'devastating blow' of losing Target, Peterson Milla Hooks bounced back with big-name clients.

Updated: December 10, 2012, - 09:00 AM

Kieran Folliard's 2 Gingers sold to liquor giant Beam

The Irish whiskey created by the former owner of Kieran's will go national with distiller Beam Inc., maker of Jim Beam. Folliard will become a whiskey ambassador.

Updated: December 07, 2012, - 08:35 PM

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