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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Price, warranty make the Santa Fe attractive
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The 2017 Santa Fe looks even better than its predecessor and now adds more features to make it even more attractive and a strong competitor with the likes of Honda’s popular Pilot.

Profits slide 9.3% for National Presto Industries
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Second-quarter profits slipped 9.3% for National Presto Industries Inc. as revenue fell in its defense and small appliance divisions, the company said Friday.

Lending up at Wisconsin's biggest credit unions in first half of 2016
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Lending rose at Wisconsin’s 10 biggest credit unions in the first half of 2016, an increase industry professionals attributed to improved economy, low interest rates and growing membership.

SABMiller to recommend AB Inbev deal despite value shift
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Decision clears the way for shareholder vote on massive brewing deal.

New faces, new places for July 29
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New Faces New Places is about personnel changes at Wisconsin businesses.

Hamburger Mary's moving to La Perla site
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Building, neighborhood draw Hamburger Mary’s to new location.

Aviation and aerospace center proposed for Milwaukee
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The Center of Excellence for Integrated Aerospace and Defense Technologies would bring together researchers, engineers and programmers to develop and test new aerospace and cybersecurity systems.

Oracle buying 'cloud' business software provider NetSuite
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NetSuite is just the latest cloud acquisition by Oracle, and its biggest splurge in more than a decade.

Earnings slip almost 4% for parent of First Business Bank-Milwaukee
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Madison-based First Business Financial Services Inc. posted net income of $3.7 million in the second quarter. That compared with almost $3.9 million in last year’s second quarter.

Volkswagen retakes spot as world's largest automaker
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Volkswagen Group overtakes Toyota as largest automaker in the world.

Expansion in India is paying off for Amazon
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Amazon continues to invest in logistics to set the pace on fast delivery, offering to get tens of thousands of items to customers in as little as an hour in many cities.

U.S. homeownership rate drops to lowest Since 1965
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The share of Americans who own their homes was 62.9% in the second quarter, the lowest since 1965.

Railroads might have to let rivals use their tracks
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President and CEO Cal Dooley of the American Chemistry Council said the new rule should help keep freight rail and manufacturing healthy.

Markable Inc. raises $1.9 million in equity funding
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Markable Inc. has an app that helps users instantly buy fashion items they see online or on the street. The app analyzes a photo and finds instantly a shopping site and best matches for the item.

Southwest clashes with investors on best path to revenue growth
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Southwest Airlines Co. won’t join rivals in trimming capacity during the rest of this year, CEO Gary Kelly said.

Gearbox Express raises $1.5 million
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Privately-held Gearbox Express LLC was founded in 2011 to remanufacture wind energy gearboxes and have them ready for utilities to install when their wind turbine gearboxes wear out or fail.

Marcus reports higher earnings despite revenue drop
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The hotel and cinema operator’s second quarter net income increased 3.5%

Oshkosh Corp. profit down despite 36% jump in military sales
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Oshkosh said it had net income of $84.2 million for the three-month period ended June 30, down 6.3% from $89.9 million a year earlier. On a per-share basis, income was flat at $1.13.

Harley-Davidson profit slips, company reduces bike shipments
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For 2016, the company lowered its full-year motorcycle shipment guidance, citing softness in the U.S. market.

Business Index
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