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BUSINESS AGENDA

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    Economy, gas prices prompt changes at Simon Delivers grocery service; also: Medtronic, UnitedHealth Group, Northwest

    By Dan Haugen | Published Thu, Jun 12 2008 9:44 am

    Simon Delivers, a company that pioneered online grocery shopping in the Twin Cities, is cutting expenses and employees amid new competition and a slowing economy, Finance & Commerce reports. The New Hope-based company is also adding fuel surcharges, establishing a $50 minimum order and increasing its delivery time from two to four hours.

    Medtronic unveiled its vision
    for a "glucose-mobile" that could display live health data of diabetic drivers on their dashboards, Christopher Snowbeck reports in today's Pioneer Press. The Fridley company unveiled the concept car at a meeting of the American Diabetes Association. Snowbeck also wrote on the newspaper's Medical Hotdish blog yesterday that a defibrillator patient who wants to sue Medtronic was at the center of a U.S. Senate judiciary hearing on consumer protection laws.

    The Wall Street Journal's Health Blog parsed through newly unsealed documents from a class-action lawsuit against UnitedHealth Group over backdated stock options. It's been reported that the emails and internal memos show company officials knew about the practice for several years. The Health Blog posts several excerpts, including a 2002 email from the company's accounting director to its controller about a new incident of backdating an individual's stock options: "I thought we had tried to stop this practice of looking back to a previous quarter."

    Northwest Airlines
    spent $1.2 million lobbying the federal government on fuel taxes, a passengers bill of rights, and who should pay for modernizing the nation's air traffic control system, Associated Press reports via CNN Money. Commercial airlines are at odds with the general aviation industry over who should pay for updating the air traffic control system. The lobbying report was filed April 21, a week after Northwest announced a merger with Delta.

    Do you have an inside scoop or news tip about a Minnesota company? Spotted something interesting in your RSS reader? Drop Business Agenda a note at dhaugen [at] minnpost [dot] com. 

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    Business Agenda reports on what's going on at businesses in Minnesota. Business Agenda provides brief, quick-reading items about important companies in Minnesota and the people who work at those firms. Business Agenda features new items every day Monday through Friday. 



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