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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Deal could revive Murdoch's bid for Time Warner
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London— London-based pay TV network BSkyB has agreed to take control of its sister companies in Italy and Germany, creating a multinational European broadcaster. The deal could have a wider impact on the media industry, giving Rupert Murdoch's 21st Century Fox a cash boost to potentially revive its attempt to buy Time Warner.

US agency probes Hyundai Sonata air bag problem
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Detroit— U.S. safety regulators are investigating whether an electrical problem can knock out the air bags on some older Hyundai Sonatas.

Molson Coors Brewing CEO to retire at year's end
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Denver— Molson Coors Brewing President and CEO Peter S. Swinburn will retire at the end of the year.

Changes to make Wisconsin's Do Not Call list more user-friendly
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Changes are coming to Wisconsin's Do Not Call Registry effective Aug. 1, the state Department of Agriculture, Trade and Consumer Protection said Friday.

Sensient Technologies 2Q net falls 10%
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Sensient Technologies Inc. reported a 10% drop in net income Thursday after recording $13 million in pretax restructuring charges.

Mobile app encourages city biking
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Milwaukee has been chosen as one of eight“flagship cities” for the initial launch of the free app, called Milwaukee Bikes.

New Faces, New Places for July 25
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New Faces New Places is about personnel changes at Wisconsin businesses.

First Business Financial Services earnings rise 12%
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Profits rose 12% in the second quarter for the parent company of First Business Bank-Milwaukee as interest income and fee revenue increased.

Roundy's CFO departing for Rite Aid
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The Milwaukee-based grocer named Michael Turzenski chief financial officer to replace Darren Karst.

Downtown Milwaukee high-rise apartment building considered
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Carroll Properties of Chicago is considering developing a 31- to 33-story luxury apartment building in downtown Milwaukee.

Southwest Airlines gives cash to its employees
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Southwest Airlines on Thursday reported record second-quarter earnings and said it will recognize its employees with a cash award of $200 each"as a thank you for all their hard work," the company said.

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.

Manitowoc factory lands wind tower orders worth $34 million
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Broadwind Energy Inc. said Thursday it has received orders to produce wind turbine towers at its factory in Manitowoc.

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.

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