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Provided by Milwaukee Journal Sentinel

Southwest Airlines reports record profit for second quarter
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Dallas— Southwest Airlines is reporting a record profit for the second quarter, more than doubling its earnings from a year ago.

Wal-Mart names new CEO of US division
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Announcement is company’s biggest management shakeup since Doug McMillon took over as president and CEO of Wal-Mart Stores Inc. in February

US new-home sales plummet in June
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Washington— Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.

Oconto's Cruisers Yachts to build new yacht model
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Cruisers Yachts of Oconto has unveiled plans for a 39-foot yacht with generous skylights and a dining area for six adults.

Bemis reports 24% increase in 2Q earnings
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Bemis Co., a Neenah-based manufacturer of packaging materials with global operations, on Thursday reported record earnings in the latest quarter despite sales that were little changed.

MGIC Investment CEO Curt Culver to retire
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Curt Culver began his career in the mortgage insurance business in 1976, joining MGIC in 1982.

Strong theater results push Marcus 4Q earnings 7.8% higher
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The Marcus Corp. reported a 7.8% earnings increase Thursday as the company's theaters outperformed the industry nationally.

Lehr Inc. outboard engines ditch gasoline for propane
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Lehr Inc., a Los Angeles company with Wisconsin ties, has earned praise from Popular Science and the EPA for its propane engines.

SEC ends $1 fixed share price
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Regulators have voted by a narrow margin to end a longtime staple of the investment industry— the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors.

Trainable manufacturing candidates are matched with jobs in new program
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A new program called Trainable Fit aims to fill the skills gap in manufacturing by matching job candidates with employers.

Facebook second quarter profit more than doubles
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Menlo Park, Calif.— Facebook Inc. on Wednesday reported profit that more than doubled in its second quarter, and topping the estimates of market analysts.

Huge lightweight yacht built in Sturgeon Bay headed for Mediterranean
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The 150-foot yacht was made by Palmer Johnson Yachts from lightweight carbon materials that help reduce by 50% the power needed to propel it through the water.

Metro Milwaukee jobless rate rose to 6.7% in June
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Although useful for comparing counties, the state’s monthly unemployment rate face issues of accuracy.

Alverno College names new business dean
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Eileen Sherman has been appointed dean of Alverno College's School of Business, the college said Wednesday.

Sealed Air plans to cut 300 Diversey jobs in Sturtevant
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Over the next 3 years, N.J.-based Sealed Air Corp. will transfer about 300 jobs from Wisconsin to North Carolina, which will not all stay open.

Hospital costs rise more slowly in southeastern Wisconsin
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In a decade, hospital payments from private insurers and employers in southeastern Wisconsin grew at half the national rate.

Sysco Baraboo wins $16.5 million military contract
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Food services contractor Sysco Baraboo LLC, of Baraboo, has been awarded a $16.5 million contract to provide food and beverage services for the U.S. Army and Air Force, the Department of Defense said.

OlivĂĽ's natural approach to body products gets celebrity attention
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OlivĂĽ, a natural body product shop, has been chosen for inclusion in upscale swag for Hollywood celebrities.

Dilbert rejoins the Milwaukee Journal Sentinel print edition
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After a six-month unpaid leave, America's favorite cubicle dweller is rejoining the Milwaukee Journal Sentinel Business section every Tuesday through Saturday.

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