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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Program seeks to promote peace through helping businesses
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The Business Council for Peace, or Bpeace, helps provide mentoring for entrepreneurs from countries torn by war or violent crime.

Retailers' own reports cited in push to increase workers' wages
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A Milwaukee shareholder activist is leading the effort to get the pay issue on the annual meeting agendas of several major retailers, including Kohl’s, Target and Wal-Mart Stores.

Trek Bicycle moving Oconomowoc distribution center to Johnson Creek
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Trek Bicycle Corp. is moving to an expanded global distribution center that is now under construction in Johnson Creek.

Dueling development initiatives put Franklin mayor, aldermen at odds
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While Franklin is proceeding with development plans that could eventually total about $330 million in new property values, some city officials are questioning the community’s priorities in pursuing those projects.

Pricey stocks, bonds make a case for currencies
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Given today’s rich valuations in traditional asset markets, and with the advent of exchange-traded funds, smaller investors may want to consider broadening their portfolios to include currencies.

Two bank stocks to make you leave your comfort zone
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Hartland money manager Jon Bruss tends to avoid banks in slower growth areas and ones with weird names. Now, he has invested in both.

Corporate mergers benefit CEOs
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This year’s flurry of corporate mergers may not pay off for shareholders in the long run, but one thing is for sure: The bosses who are selling their companies will do just fine.

Northwestern Mutual uses tower construction as teaching tool
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About 65 college students are participating in a program initiated by Northwestern Mutual to give young adults a chance to meet with the architects, engineers and others behind the Tower and Commons project.

Large companies moving retirees off health care plans
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Relatively few companies have opted to stop offering health benefits to retirees completely. But as health care costs have risen, more firms have taken steps to limit the benefits.

China slashes interest rates to spur economic growth
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China's central bank unexpectedly slashed interest rates on Friday to re-energize the world's No. 2 economy, joining a growing list of major economies that are trying to encourage growth in the face of a global slowdown.

Shareholders approve Wisconsin Energy takeover of Integrys Energy
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Shareholders of Integrys Energy Group and Wisconsin Energy Corp. on Friday voted to approve the Milwaukee utility company’s takeover of Chicago-based Integrys next year.

Business in Wisconsin
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Business in Wisconsin publishes items of interest about Wisconsin businesses.

Stylish new Mitsubishi Outlander fails to stand out from crowd
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Mitsubishi’s new Outlander is a handsome SUV, but its performance falls in the middle of the crowded sport utility market.

Deadline for Journal Sentinel Top Workplaces nominations is today
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Time’s up! If you appreciate your job, the deadline for nominating your employer for the Milwaukee Journal Sentinel’s annual Top Workplaces program is Friday, Nov. 21.

Freshwater Plaza complex in Walker's Point to receive $5 million in city financing
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A $48 million housing, retail and office development planned for Walker's Point would include around $5 million in city financing help, under a proposal that received preliminary approval Thursday.

Generic drug prices get look from lawmakers
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Members of the Senate Aging committee meet Thursday to scrutinize the recent, unexpected trend among generic medicines, which are copies of branded drugs that have lost patent protection.

Thanksgiving travel likely to be up as gas price down
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During the long holiday weekend, 46.3 million Americans are expected to go 50 miles or more from home, the highest number since 2007, according to AAA.

Business Index
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