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Lindell’s company had to turn to a merchant cash advance provider, which are considered payday lenders for businesses.

Cobalt, Streamline, and two men named as defendants "took advantage" of MyPillow, "a cash-strapped business that needed funds ...

Mike Lindell said in a lawsuit that MyPillow took on a loan at an annual interest rate of 409%, contributing to the company's money problems.

Lindell, who has been sued over his false claims the 2020 election was rigged, said misconduct by the company makes the loan ...

Mendota Heights-based dental and animal health firm Patterson Companies plans to go private in a $4.1 billion sale. On ...

Minneapolis Mayor Jacob Frey has vetoed the $1.9 billion budget passed by the City Council due to concerns of "fiscal responsibility." ...

MyPillow and its owner Mike Lindell have sued a payday lender. It's at least the third lawsuit with other high-rate advance ...

Lindell says the loan was not only usurious but hidden beneath the promise of a different transaction altogether. The post ...

MyPillow has suffered a run of setbacks in recent years, which began with major retailers pulling the pillows from shelves in ...

Nebraska's Allison Weidner, right, drives to the basket while the Gophers' Sophie Hart defends on Sunday in Lincoln, Neb.