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Wednesday A.M. Report

Compensation drops for Akradi at Life Time Fitness, Delta: February storms cost $30M, Grand jury adds to Denny Hecker indictment and Supervalu sells Payson Store Fixtures division

Compensation drops for Akradi at Life Time Fitness: Life Time Fitness Inc. Chairman, President and CEO Bahram Akradi received more than $3.6 million in total compensation in 2009, down 36 percent from the nearly $5.7 million he received in 2008. Read full story

Delta: February storms cost $30M: Delta Air Lines Inc. said that severe storms in February led to the cancellation of 7,000 flights, or about 3.2 percent of its system capacity. Read full story

Grand jury adds to Denny Hecker indictment: A federal grand jury indicted former Twin Cities auto dealer Denny Hecker on more than a dozen new fraud charges Tuesday. Read full story

Supervalu sells Payson Store Fixtures division: Supervalu Inc. has sold its Payson Store Fixtures division to DGS Retail Inc. in Boston for an undisclosed amount, according to a Tuesday press release from Quazar Capital Corp., the Minneapolis investment banking firm that represented Payson on the deal. Read full story