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Tuesday P.M. Report

Survey finds 15% of Twin Cities employers hiring in Q2, Findlaw gets new president, brothers involved in shooting were boutique stockbrokers, and Ackman joins effort to invest in General Growth.

Survey: 15% of Twin Cities employers to hire in Q2: Twin Cities employers expect to hire at a healthy pace during the second quarter of this year, according to a survey conducted by Manpower Inc. and released Tuesday. The Manpower Employment Outlook Survey indicates that 15 percent of the Minnesota companies surveyed plan to hire more employees while 2 percent expect to reduce their payrolls. Read full story

Findlaw gets new president: Thomson Reuters has named Karl Florida president of its FindLaw business unit, which provides web marketing solutions for small and mid-size law firms. Florida will oversee, which attracted more than 25 million visitors in 2009. Florida succeeded Chris Kibarian, who has been promoted to president of Business of Law for Eagan-based Thomson Reuters, Legal. Read full story

Brothers involved in St. Paul shooting were boutique stockbrokers: Two brothers involved in a fatal shooting Saturday in St. Paul were executives at U.S. Capital and Trust, a former boutique investment firm. According to news reports, Eric Orloske, 38, of St. Paul, was charged Monday in Ramsey County District Court with the unintentional murder of his brother, Brian Orloske, 40, of Houlton, Wis. The men had been drinking and “play-wrestling” before Brian Orloske was shot, according to the criminal complaint. Read full story

Ackman joins effort to invest in General Growth: General Growth Properties, owner of several Minnesota malls, said its biggest debt and equity holders offered to jointly invest $3.93 billion in the company, bolstering a plan with Brookfield Asset Management to bring the mall owner out of bankruptcy. The investments from Bruce Berkowitz’s Fairholme Capital Management LLC and William Ackman’s Pershing Square Capital Management LP would allow unsecured creditors to be paid in full with cash. Read full story