New business
CSI signs distribution deal in Japan
Cardiovascular Systems Inc., St. Paul, signed a distribution deal with Tokyo-based Medikit Co. Ltd. to sell CSI's Diamondback 360 Coronary and Peripheral Orbital Atherectomy Systems in Japan.
To secure the distribution deal for its sales force of 120, Medikit has made an upfront payment of $10 million to CSI.
Personnel
Evine Live names new director
Evine Live, Eden Prairie, has appointed Mark Holdsworth to its board of directors.
Holdsworth will serve on the corporate governance, nominating and finance committees. Holdsworth is a co-founder and operating partner of Tennenbaum Capital Partners.
Mergers and acquisitions
G&K shareholders approve deal
G&K Services Inc., Minnetonka, announced that shareholders approved the proposed merger with Cintas Corp. at the company's annual meeting Tuesday.
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Business
Athletic director used AI to frame principal with racist remarks in fake audio clip, police say
A high school athletic director in Maryland has been charged with using artificial intelligence to impersonate a principal on an audio recording that included racist and antisemitic comments, authorities said Thursday.
Business
Minneapolis smokers to pay some of the highest cigarette prices in US with a $15 per-pack minimum
Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the City Council voted unanimously Thursday to impose a minimum retail price of $15 per pack to promote public health.
Business
BNSF becomes 2nd major railroad to sign on to anonymous federal safety hotline for some workers
BNSF will become the second major freight railroad to allow some of its employees to report safety concerns anonymously through a federal system without fear of discipline.
Business
Venice tests a 5-euro entry fee for day-trippers as the Italian city grapples with overtourism
Under the gaze of the world's media, the fragile lagoon city of Venice launched a pilot program Thursday to charge day-trippers a 5-euro ($5.35) entry fee that authorities hope will discourage visitors from arriving on peak days and make the city more livable for its dwindling residents.
Business
French air traffic controllers cancel a strike but Paris flights are still disrupted
Air passengers traveling to and from Paris experienced significant disruptions Thursday, despite a decision by air traffic controllers to cancel a strike after last-minute negotiations. Flight operations were substantially reduced because of adjustments made to schedules ahead of the proposed industrial action.
