Nonprofit, nonpartisan journalism. Supported by readers.


Monday P.M. Report

North Memorial to eliminate 200 jobs, Petters money funneler sentenced to 90 months, and auction starts on “Twins Around Town” statues.

North Memorial to eliminate 200 jobs: North Memorial Health Care plans to eliminate 200 positions to make up for second-quarter revenue shortfalls. North spokesman Robert Prevost says layoffs are possible, but the focus will be on not filling open positions. The cuts come less than a month after another major Twin Cities health provider, Children’s Hospitals and Clinics of Minnesota, said it plans to eliminate 200 to 250 full-time positions by mid-November. Read full story

Petters money funneler sentenced to 90 months: A federal judge today sentenced a Tom Petters money launderer to more than seven years in prison. Michael Alan Catain pleaded guilty in October 2008 to one count of a money-laundering conspiracy in a plea deal with Minnesota’s U.S. Attorney’s Office. He will serve up to 90 months in prison for illegally funneling more than $12 billion in investor money to Petters, according to court documents. Read full story

Auction starts on “Twins Around Town” statues: The Minnesota Twins and Minneapolis Downtown Council and have started auctioning five “Twins Around Town” statues, which have appeared throughout downtown Minneapolis over the summer. Auctions began at 9 a.m. today for the statues, each of which represents a different season from the franchise’s 50 years in the Twin Cities, according to the Minnesota Twins Baseball Club. The auctions will run until Sept. 26; opening bids are $5,000. Read full story