Small Business Times will launch the BizTimes Real Estate Weekly, the region's first e-mail news bulletin devoted to covering the commercial and residential real estate industries in southeastern Wisconsin.

Like the BizTimes Daily, the BizTimes Real Estate Weekly will be free to subscribers. The new bulletin will be delivered by e-mail to subscribers on Wednesday mornings, beginning this week.

Andrew Weiland, managing editor of Small Business Times, will oversee the compilation of the BizTimes Real Estate Weekly bulletin. Weiland also writes the Commercial Real Estate Spotlight in the print edition of SBT.

The new e-mail bulletin will feature exclusive local real estate news and will profile the people, issues and the events shaping the industry.

"SBT is committed to being the definitive source of news and information about the local real estate industry, which transcends into all other industries in southeastern Wisconsin," said SBT publisher Dan Meyer.

The BizTimes Real Estate Weekly is another component of SBT's ramped-up Internet presence at www.biztimes.com, including the BizTimes Daily, a free local business event calendar, the BizTimes Stock Index, free news archives that are searchable by industry, RSS feeds and other resources for the owners and managers of privately held companies in southeastern Wisconsin.

To sign up for Real Estate Weekly, visit www.biztimes.com/members/subscribe/realestateweekly.

Chicago Title Insurance Co., a national provider of title insurance and real estate services, is acquiring Evergreen Title Corp., a Brookfield-based title insurance agency.

The Evergreen office at 210 Regency Court in Brookfield will be closed, and the acquired company will operate out of the Chicago Title regional headquarters at 20900 Swenson Drive in Waukesha.

"We have worked with Evergreen Title for many years, and we know the team there as an experienced, highly professional group," said Richard Smith, vice president and area manager for Chicago Title. "Now that it's part of Chicago Title, Evergreen Title's customers can count on continued high quality service."

Charlie Hall, owner of Evergreen Title, is joining Chicago Title as a senior account executive, along with several other Evergreen Title employees. Financial terms of the acquisition were not disclosed.

"Everyone who works with us - including real estate brokers, bankers and attorneys - counts on Chicago Title for its industry leadership, its long-term stability, and its top quality offerings. As we grow, our focus remains on providing the very best products and services," Smith said.

This latest acquisition is part of Chicago Title's continued expansion in this region.  The company has opened new branch offices in Mequon and West Bend over the last two years.

Two nuclear medicine technologists have opened Clearview Medical Imaging LLC, a new nuclear medicine clinic, in Glendale.

The owners of the new clinic are Ozzie Dizon and Tracy Knutson, both of whom are certified nuclear medicine technologists (CNMTs).

The clinic, which provides nuclear medicine services ranging from cardiology stress tests to bone and liver scans, is located at 5202 N. Ironwood Road.

Clearview Medical Imaging is one of the state's only clinics that are fully owned by nuclear medicine technologists. Other such clinics are typically owned by physicians, investors or other parties.

"We saw that with the right connections, we could fill a gap that existed in this area for these services," Knutson said. "We thought, 'Let's do what we know best,' which is taking care of nuclear medicine patients."

"We understand that patients may be feeling very stressed when they arrive. Not only do we reduce the patient's stress points, but in the past several years, there are very few patients whose fear we haven't been able to turn into an actually pleasant experience," Dizon said.

The American National Red Cross Board of Governors has approved a request by the boards of directors of the Greater Milwaukee and the Southeast Wisconsin Tri-County Red Cross chapters to merge the two operations.

The merger will enable Red Cross to provide services to communities throughout southeastern Wisconsin in a more efficient and effective way by consolidating administrative and other back office operations and sharing human and material resources, according to Red Cross officials.

The newly formed American Red Cross in Southeastern Wisconsin, serves nearly 2 million people in the communities of Dodge, Jefferson, Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington and Waukesha through the work of more than 4,000 volunteers.

Additional information is available at www.redcrossinsewis.org.

The Independent Business Association (IBA) of Wisconsin will present a "Year-End Tax Update and Tax Action Strategies" breakfast on Friday, Nov. 17, at the Wisconsin Club in downtown Milwaukee at 900 W. Wisconsin Ave.

The presentation, which will take place from 7:15 to 9 a.m., will be presented by Jim Brandenburg, tax shareholder of Kolb+Co.

The program will include an analysis of new tax law changes and the ramifications of a new Democrat-controlled Congress.

The event is open to the public at a cost of $35 per person, including breakfast. For additional information, call the IBA at 800-362-8027.

Magnetek Inc., which recently moved its corporate headquarters to Menomonee Falls from Chatsworth, Calif., has promoted two executives to its senior management team.

The company, which manufactures digital power and motion control systems used in material-handling, people-moving, telecommunications and energy management, promoted Peter McCormick, 46, to executive vice president and chief operating officer. McCormick joined Magnetek in 1993 and served in positions of increasing responsibility with the company's Drives & Systems group.

The company also promoted Marty Schwenner, 45, to vice president and chief financial officer, succeeding David Reiland, who was named Magnetek's president and chief executive officer on Oct. 25. Schwenner joined the company in 1989 and has held financial management positions of increasing responsibility.

"The appointments of Mr. Schwenner as chief financial officer and Mr. McCormick as chief operating officer continue our management realignment following the Oct. 23rd divestiture of our Power Electronics Group," Reiland said.

Proceeds from the divestiture of the Power Electronics Group are being used to repay debt, contribute to the company's pension trust fund and other corporate purposes.

An analysis of the city of Milwaukee's economic development efforts by the Public Policy Forum shows that more than $100 million is spent annually in federal, state, and local funds without a comprehensive plan to guide such investment.

The report, titled, "Growing up: Analysis of City of Milwaukee Economic Development Efforts," which was released today, found that just 1 percent of the governmental funds are spent on workforce development, even though Milwaukee has been one of the country's biggest job losers from 1990-2005.

"The city lacks the reporting, tracking, and accountability necessary to critique its economic development investment," said Ryan Horton, the researcher who authored the report for the Public Policy Forum. "It's difficult to judge success when there are no goals or objectives spelled out."

Among 26 peer cities around the country, Milwaukee is one of six that operates without a plan to direct and measure its economic development investment, the report stated. The city places strong priorities on a real estate and community development, but little on job creation and on training workers, according to the report.

The report recommends the creation of a city-wide economic development plan that defines goals and establishes accountability. The results of the report were leaked to the Milwaukee Journal Sentinel ahead of today's release.

Funding for the report came from the Helen Bader Foundation. To read the full report, visit www.publicpolicyforum.org.

The BizTimes Stock Index gained .95 points to close at 171.13 Friday, and local stocks kept that momentum in early morning trading today. The largest local advancers this morning were Bucyrus International Inc. (up 99 cents to $44.70) and Manpower Inc. (up 68 cents to $70.50). The largest local decliners this morning were Briggs & Stratton Corp. (down 56 cents to $24.30) and Harley-Davidson Inc. (down 47 cents to $70.53). The BizTimes Stock Index was created by Small Business Times and is monitored by North Shore Bank. The index, which measures the stock values of publicly held companies based in southeastern Wisconsin, is updated daily and can be viewed at www.biztimes.com.