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State Legislature approves venture capital bill

June 18, 2013 03:00 PM

In a rare moment of bipartisan support, the Wisconsin Legislature approved a bill today to create a $25 million state venture capital fund for startup companies in the state. CONTINUE READING

Illinois CPA firm to acquire Kolb+Co.

June 17, 2013 05:00 PM

Brookfield-based Kolb+Co., the largest locally owned public accounting and business advisory firm in Wisconsin, will be acquired by Sikich LLP of Naperville, Ill. CONTINUE READING

Caterpillar will lay off 260 employees in South Milwaukee

June 14, 2013 04:00 PM

Employees at Caterpillar's South Milwaukee plant were notified today that planned layoffs of 260 employees would go into effect on Monday, June 24. CONTINUE READING

South Milwaukee Caterpillar workers approve pact

June 11, 2013 07:00 PM

The United Steelworkers (USW) today said that members of Local 1343 ratified a new, six year contract at Caterpillar Inc.’s South Milwaukee plant. CONTINUE READING

Milwaukee housing market rebound continues

June 10, 2013 03:00 PM

Home sales in the metropolitan Milwaukee market increased 14.7 percent in May compared with the same month a year earlier. CONTINUE READING

Kikkoman gives $1 million to UWM for labs at School of Freshwater Sciences

June 7, 2013 03:00 PM

The effort to establish Milwaukee as a global hub of freshwater research, technology and innovation received another boost today when Kikkoman Foods Inc., a subsidiary of Tokyo-based Kikkoman Corp., announced that it will make a $1 million... CONTINUE READING

Bank executive is new president of UW Board of Regents

June 7, 2013 02:00 PM

Regent Michael Falbo of Franklin was elected president of the University of Wisconsin System Board of Regents today, and Regent Regina Millner of Madison was elected to serve as vice president of the board. CONTINUE READING

Cudahy donates $2 million for Innovation Campus

June 7, 2013 01:00 PM

Just as construction kicked off on the first building at the University of Wisconsin-Milwaukee’s Innovation Campus this week, Chancellor Michael Lovell announced that the project will receive a $2 million gift from philanthropist Michael... CONTINUE READING

Waterstone Financial to go public

June 6, 2013 03:00 PM

Waterstone Financial Inc., the parent company for WaterStone Bank SSB, announced today that it will be reorganized, changing from a bank mutual holding company to a fully public stock holding company. CONTINUE READING

Budget provision could clear Couture

June 5, 2013 02:00 PM

The state budget approved this morning by the Joint Finance Committee, the powerful budget-writing committee of the state Legislature, includes a provision that establishes the Lake Michigan shoreline in Milwaukee. The measure is an attempt to end a... CONTINUE READING

Joint Finance Committee approves Walker plan to reject Medicaid expansion

June 4, 2013 03:00 PM

The Wisconsin Legislature's Joint Finance Committee rejected a motion to increase the federal dollars the state would receive for expanding Medicare coverage for thousands of Wisconsin residents, opting instead to adopt a new plan that was proposed... CONTINUE READING

Partnership Bank to acquire Ozaukee branches

June 4, 2013 02:00 PM

Partnership Bank announced today it has signed a definitive agreement to acquire the two Ozaukee County bank branches operated by Oak Creek-based Tri City National Bank. CONTINUE READING

MSOE to purchase downtown Staybridge Suites building

June 3, 2013 04:45 PM

The Milwaukee School of Engineering (MSOE) announced today that is has a contract to purchase the mostly vacant and half-built Staybridge Suites building at 1150 N. Water St. in downtown Milwaukee. CONTINUE READING

New national report says expanding Medicaid is best option for states

June 3, 2013 03:00 PM

A new national study from the RAND Corporation says states choosing not to expand Medicaid under federal health care reform will leave millions of residents without health insurance and increase spending, at least in the short term, on the costs of... CONTINUE READING

North Shore Bank to acquire Bank of Kenosha

May 31, 2013 05:00 PM

Brookfield-based North Shore Bank today announced that it has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) to purchase Kenosha-based Banks of Wisconsin, which does business as Bank of Kenosha. CONTINUE READING

Bucks hire Drew as head coach

May 31, 2013 05:00 PM

The Milwaukee Bucks have reached an agreement in principle for Larry Drew to become the team’s new head coach, general manager John Hammond announced today. CONTINUE READING

Steelworkers reach tentative agreement with Caterpillar

May 30, 2013 06:00 PM

The United Steelworkers (USW) today said that negotiators for Local 1343, representing about 800 union workers at the Caterpillar Inc. plant in South Milwaukee, have reached a tentative labor agreement with the company. CONTINUE READING

ProHealth to build cancer center in Pewaukee

May 29, 2013 12:00 PM

ProHealth Care today announced plans to build a $70 million, 116,000-square-foot, 21st century cancer center in Pewaukee. CONTINUE READING

SURG to open 8-Twelve at Bayshore

May 20, 2013 01:00 PM

SURG Restaurant Group plans to open a second 8-twelve MVP Bar and Grill restaurant, which would be located in space currently occupied by Coa at Bayshore Town Center in Glendale, SURG announced today. CONTINUE READING

Walmart and Sam’s Club are coming to Pabst Farms

May 17, 2013 01:00 PM

The Pabst Farms development, once envisioned as a Midwestern upscale retail jewel destination in Oconomowoc, will soon be the home of a 151,000-square-foot Walmart Supercenter store and a 136,000-square-foot Sam’s Club store. CONTINUE READING

Golden Guernsey buyer will reopen plant

May 14, 2013 05:00 PM

Waukesha’s Golden Guernsey Dairy LLC will be sold to Morton Grove, Ill.-based Lifeway Foods Inc. today its bid of $7.3 million for the company was accepted at an auction today. CONTINUE READING

Streetcar supporters say project is still alive

May 10, 2013 03:00 PM

Although some opponents of the downtown Milwaukee streetcar project believe it was dealt a death knell Thursday by a state Legislature committee, supporters of the streetcar say the project remains very much alive. CONTINUE READING

AptarGroup to invest $50 million in Mukwonago plant

May 6, 2013 03:00 PM

AptarGroup Inc., a dispenser manufacturing company based in Crystal Lake, Ill., announced today it will invest $50 million in its Mukwonago manufacturing facility. CONTINUE READING

BuySeasons lays off dozens of employees

May 1, 2013 03:00 PM

New Berlin-based BuySeasons Inc., an online retailer and supplier of costumes, accessories and party supplies, issued layoff notices today to between 90 and 100 employees, according to sources. CONTINUE READING

South Milwaukee workers reject Caterpillar contract proposal

April 30, 2013 07:00 PM

The United Steelworkers (USW) today said that members of Local 1343 in South Milwaukee rejected a proposed six-year labor agreement with Caterpillar Inc. and that the union will resume negotiations with the company for a new contract. CONTINUE READING

Diverse coalition opposes expansion of rent-to-own in Wisconsin

April 26, 2013 03:00 PM

A diverse, bipartisan coalition gathered today to call for removal of a provision in Gov. Scott Walker's budget that would not only allow the rent-to-own businesses to operate the in Wisconsin, but would grant them special exemptions and privileges. CONTINUE READING

FIS to close Milwaukee facility, lay off 300 employees

April 24, 2013 05:30 PM

Jacksonville, Fla.-based FIS notified the Wisconsin Department of Workforce Development today that it will close its facility at 1515 N. Rivercenter Drive in Milwaukee and lay off about 301 employees. CONTINUE READING

Northwestern Mutual expands size of new office tower

April 22, 2013 04:00 PM

Northwestern Mutual Life Insurance Co. has increased the size of the new office tower that it plans to build at its downtown Milwaukee corporate headquarters. CONTINUE READING

Wisconsin lost jobs in March

April 18, 2013 01:00 PM

Wisconsin lost 8,500 jobs in March, and the state’s seasonally adjusted unemployment remained at 7.1 percent, according to the latest report released today by the Wisconsin Department of Workforce Development (DWD). CONTINUE READING

Assembly committee approves bill to reform Milwaukee County government

April 11, 2013 02:00 PM

The bill that would curb the powers of the Milwaukee County Board of Supervisors and clear the way for a binding referendum that could cut the salaries of board members moved a step closer to passage today when the Assembly Committee on Government... CONTINUE READING

Oshkosh Corp. to cut 900 jobs

April 9, 2013 01:00 PM

Oshkosh Corp. announced today that its Oshkosh Defense division plans to reduce its workforce in Oshkosh by approximately 700 hourly positions starting in mid-June 2013 and by approximately 200 salaried positions through July. CONTINUE READING

FAA to keep smaller airport towers open until June

April 5, 2013 02:00 PM

The Federal Aviation Administration (FAA) announced Friday it will delay the closures of 149 air traffic control towers manned by contract employees at smaller airports, including eight in Wisconsin, until June 15, after saying in March the budget... CONTINUE READING

Caterpillar plans layoffs in South Milwaukee

March 28, 2013 04:00 PM

Peoria, Ill.-based Caterpillar Inc. is planning to lay off 250 to 300 employees in South Milwaukee by June. CONTINUE READING

Wisconsin's unemployment rate rises

March 28, 2013 04:00 PM

Wisconsin's seasonally adjusted unemployment rate increased to 7.2 percent in February from 7.0 percent in January, according to the latest U.S. Bureau of Labor Statistics (BLS) estimates released today by the Wisconsin Department of Workforce... CONTINUE READING

State agencies to launch $30 million venture capital fund

March 19, 2013 04:00 PM

The State of Wisconsin Investment Board (SWIB) and Wisconsin Alumni Research Foundation (WARF) are creating an early-stage venture capital fund focused on information technology. CONTINUE READING

Chicago firm to invest in ZBB Energy Corp.

March 15, 2013 03:00 PM

ZBB Energy Corp., a Menomonee Falls-based developer of intelligent, renewable energy power platforms and hybrid vehicle control systems, today announced it has entered into an agreement in which Aspire Capital Fund LLC, a Chicago-based limited... CONTINUE READING

Appeals Court refuses to grant stay of Act 10 repeal

March 12, 2013 03:00 PM

A Wisconsin Court of Appeals today refused to put on hold a judge's decision repealing major parts of Gov. Scott Walker's Act 10, which effectively ended collective bargaining for most public workers. CONTINUE READING

State Assembly approves mining bill

March 7, 2013 06:00 PM

The Wisconsin Assembly today approved a bill that will make it easier for open pit mining to happen in the state, sending the legislation to Gov. Scott Walker's desk. CONTINUE READING

Kellner will be next Summerfest board chairman

March 6, 2013 05:00 PM

Ted Kellner, founder and executive chairman of Fiduciary Management in Milwaukee, will become the new chairman of Milwaukee World Festival Inc., which operates Summerfest. CONTINUE READING

Joint Finance Committee approves mining bill

February 25, 2013 04:00 PM

The Wisconsin State Legislature’s Joint Finance Committee today approved a bill to reform the state’s mining laws to make it easier for an open pit iron mine to be created in northwestern Wisconsin. CONTINUE READING

New survey forecasts dire labor shortage in Washington County

February 18, 2013 03:00 PM

Washington County could face a severe labor shortage in the coming decade, according to a new retirement survey released by the county today. CONTINUE READING

Walker rejects additional federal funding for Medicaid

February 13, 2013 03:00 PM

Gov. Scott Walker announced today he will reject additional federal Medicaid funding for the state’s BadgerCare program, breaking with other Republican governors who have decided to accept federal money for a Medicaid expansion as offered... CONTINUE READING

Marquette receives $8.3 million gift for journalism project

February 13, 2013 02:00 PM

A Minneapolis couple has donated $8.3 million to the Marquette University’s J. William and Mary Diederich College of Communication, Marquette President Scott Pilarz, S.J., announced today. CONTINUE READING

Rexnord board may ponder sale of company

February 11, 2013 06:00 PM

Milwaukee-based Rexnord Corp. announced today that its board of directors has initiated a review of its strategic alternatives that could include the sale of the company. CONTINUE READING

Explosions rock downtown Milwaukee

February 10, 2013 07:00 PM

Authorities are investigating multiple reports about explosions and a sewer fire in downtown Milwaukee Sunday night. CONTINUE READING

Froedtert and Medical College to merge clinic systems

February 8, 2013 02:00 PM

Froedtert Health and the Medical College of Wisconsin (MCW) have agreed on plans to create a joint clinical practice group to serve patients at both organizations’ community clinics. CONTINUE READING

Walker outlines economic development funding priorities

February 7, 2013 03:00 PM

Wisconsin Gov. Scott Walker announced Thursday several key economic development initiatives aimed at improving the business climate and encouraging entrepreneurship and innovation. CONTINUE READING

Mellowes' sons to take helm at Charter

February 6, 2013 04:00 PM

John A. Mellowes announced today he will step down from his day-to-day duties as the chairman and chief executive officer of Mequon-based Charter Manufacturing in July, when he will turn the reins of the company to his sons, John W. Mellowes and... CONTINUE READING

Black is new president of Milwaukee Wave

February 6, 2013 12:00 PM

The Milwaukee Wave of the Major Indoor Soccer League today named Sue Black president and chief executive officer of the organization. CONTINUE READING

County resolution would move new lakefront tower project forward

February 1, 2013 05:00 PM

The Milwaukee County Board of Supervisors is working through the stalled progress of the development of “The Couture” in downtown Milwaukee by scheduling a special joint committee meeting to consider a resolution that would move the... CONTINUE READING

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