Come August 1, Minnesota’s shiny, new $60 million angel tax credit will be open for business. Now if only Wall Street cooperated.Fueled by fears of an European debt meltdown, the Dow Jones Industrial Average Tuesday dropped more than 250 points to below 10,000 before recovering to close at 10,043. The index is down more than [...]

Rep. Ann Lenczweski, the powerful House Tax Committee chairwoman, has unexpectedly proposed a bill of her own. Instead of awarding tax credits to investors who fund early-stage, high tech start-ups, the bill provides grants directly to the companies.