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Thursday P.M. Report

Target puts CEO’s name on office in India, UnitedHealth buys Wellness Inc., Mayo Clinic reports improved ’09 results, and Keith Halleland departs law firm.

Target puts CEO’s name on Indian office: Target Corp.’s office in Bangalore, India, has a new name — that of company CEO Gregg Steinhafel. Until now known as C2, Target’s largest and newest office in Bangalore will be called the Gregg W. Steinhafel Center, according to a company press release. Steinhafel became CEO in 2008 and chairman of the company in 2009. Read full story

UnitedHealth buys Wellness Inc.: UnitedHealth Group Inc.’s OptumHealth business unit has purchased a health screener called Wellness Inc. Terms of the deal were not disclosed. Wellness, a 23-year-old company based in Aurora, Ill., emphasizes preventive care to manage employee health, offering biometric screenings, flu vaccinations and lifestyle-health assessments in the workplace and has more than 1,000 company clients. OptumHealth is based in Golden Valley. UnitedHealth Group is based in Minnetonka. Read full story

Mayo Clinic reports improved ’09 results: The Mayo Clinic today reported improved financial results for 2009, indicating the health provider is emerging from the recession. Rochester, Minn.-based Mayo, which also has major operations in Jacksonville, Fla., and Phoenix and Scottsdale, Ariz., was able to recoup much of the $1.9 billion decline in assets that it experienced in 2008. Its assets rebounded in 2009 through a combination of improved operational performance and returns on investments. Read full story

Keith Halleland departs Halleland Lewis law firm: Keith Halleland, one of the founders of Halleland Lewis Nilan & Johnson, is leaving to start a new law firm — and taking his name with him. Halleland’s new firm will focus on business law and consulting when it launches this spring, according to a news release issued today by the 50-attorney Minneapolis firm now known as Nilan Johnson Lewis. Read full story