Alatus purchase of Block E final: A Minneapolis investment group called Alatus LLC has a completed its acquisition of the Block E entertainment complex in downtown Minneapolis.The new owners announced in April that they had the retail center under contract. Read full story

Health-tech firms chase new federal tax credits: Twin Cities med-tech and biotech firms are racing for a share of $1 billion in tax credits that the federal government will award as part of health care reform legislation. The credits will go to companies armed with projects that address unmet clinical needs, treat chronic disease, reduce health care costs or aim to cure cancer by 2040. Read full story

Jacobs, partner chart marine rebound: Irwin Jacobs is partnering with John Paul DeJoria, co-founder of the hair-products company John Paul Mitchell Systems, to relaunch their boat company.  Read full story