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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Boston Store owner Bon-Ton Stores reports smaller loss
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Bon-Ton, which is getting set for a new CEO next week, said the company narrowed its loss in the quarter as sales rose 1.1%.

Barrett to announce expansion of city's solar program
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Mayor Tom Barrett on Thursday is expected to announce the city will expand its solar group-buy program to neighborhoods in Washington Heights and Layton Blvd. West.

Tech firm Flipeleven Creative focuses on improving, not growing
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The move to get smaller was due in part to dissatisfaction with administrative and sales duties the digital creative agency’s founders were feeling.

Apple touches new high
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San Francisco— Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.

CSA Partners to build start-up hub at Pritzlaff building
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The venture capital fund will work alongside the start-ups, related service providers and sponsors at the complex.

Lakefront proposes brewery expansion along river
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Lakefront Brewery Inc., which recently dropped plans to build a second facility in the Menomonee Valley, is now proposing to expand on a neighboring parcel overlooking the Milwaukee River.

UW Extension Ideadvance grants aim to quickly make good ideas into finished products
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An infant sleep pod is one of 11 projects being funded through new grants from the University of Wisconsin Extension and the Wisconsin Economic Development Corp.

Cellectar Biosciences posts 2Q loss of $2.1 million
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Cellectar generated gross proceeds of $13.5 million in a stock offering earlier this month.

Infinite Vapor to open electronic cigarette shops in Milwaukee, Waukesha
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The expansion will give the Minnesota company 11‘vape shops,’ including five in Wisconsin.

UWM's Student Startup Challenge selects 10 winners
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Winning teams will spend the academic year taking seminars and being paired with other UWM students, who will help them build prototype devices, mobile apps and business plans.

Gigabit broadband speed spreads throughout state
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Gigabit speed is a big enough perk” 50 times faster than in most Milwaukee homes ” that some seasonal visitors stay a few extra days at their summer homes in places like Siren or Madeline Island.

Consumer prices edge up
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Washington— U.S. consumer prices rose in July at the slowest pace in five months, held back by a drop in gasoline prices.

Milwaukee custard stand owners, customers licked by rising prices
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Custard stand owners say they have never seen prices this high for the mix that, when poured into a custard machine, results in the cool, smooth, creamy treat that is a summertime staple.

Johnson Controls, Adidas team up on robotic sewing project
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A research project involving Johnson Controls Inc. and Adidas Group could pave the way for robotic sewing for a variety of industries, including automotive and footwear.

Sterling Investments plans two Waukesha apartment projects
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Sterling Investments is proposing a 57-unit addition to its Main St. Plaza Apartments, and a new 30-unit building at Corrina Blvd. and Buckley St.

Power line project could cost up to $580 million
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A proposed high-voltage power line linking Madison and La Crosse would cost up to $580 million, of which Wisconsin customers would pay about $87 million.

Marshfield research start-up lands angel investor funding
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Microscopy Innovations LLC, a Marshfield company that makes a system for preparing microscope specimens, has raised $410,000 of a proposed $750,000 funding round, according to documents filed with federal securities regulators.

US Cellular restores wireless service after storm outage
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US Cellular says its wireless service has been restored in Milwaukee and Waukesha counties after it was down for at least several hours as the result of a damaged transmission tower.

Waupaca Foundry sold to Hitachi Metals for $1.3 billion
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KPS Capital Partners LP said Tuesday it has agreed to sell Waupaca Foundry Inc. to Hitachi Metals Ltd. for $1.3 billion in cash.

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