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

CEO Hubert Joly's Best Buy has just begun to fight

Last holiday season, Best Buy was trying to prove it had a future.Today, the company is talking about a transformation.

Updated: November 28, 2013, - 06:36 AM

Clawback claims move forward in Petters case

A bankruptcy judge’s ruling allows these clawback cases, after being on hold for nearly two years, to finally advance toward...

Updated: November 25, 2013, - 08:51 PM

Carlson considering sale of TGI Fridays

Saying it’s an “optimal time,” the Minnetonka hospitality company is considering its options for the popular casual-dining chain.

Updated: November 23, 2013, - 02:10 PM

Nov. 20: Best Buy playing ‘to win’ sales, market share

The retailer said it plans to aggressively compete on price this holiday season – and it will hurt profit margins.

Updated: November 22, 2013, - 10:00 AM

Star Tribune to start printing Pioneer Press in 2014

The deal reflects the consolidation of the newspaper business that's happening across the country.

Updated: November 20, 2013, - 08:28 PM

Surging Best Buy shares buoy Schulze's foundation

In planned stock sales, the Best Buy founder has sold stock worth $204 million since Labor Day.

Updated: November 16, 2013, - 05:06 PM

Nov. 12: Minnesota egg farmer hatching plans for Super Bowl debut

Touting the slogan “local chicks are better,” the Locally Laid Egg Co. of Wrenshall hopes to win a contest to land its ad in the Super Bowl.

Updated: November 12, 2013, - 10:56 PM

Mackall Crounse & Moore law firm merging with Wisconsin firm

The combined firm will have 107 attorneys and be headquartered in Madison, Wis.

Updated: November 11, 2013, - 09:41 PM

Petters prosecutions end with 2 prison sentences, probation for one local executive

A Minnesota hedge fund executive who hadn’t pocketed any profits got three years’ probation. Two Florida hedge fund managers received...

Updated: November 08, 2013, - 11:24 PM

Petters’ resentencing bid goes to judge

In final arguments, prosecutors focused on Petters’ lies. But his attorney said Petters showed he didn’t know all his options...

Updated: November 05, 2013, - 08:29 PM

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