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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

2016 Lexus RX350 F Sport has looks, power, quirks
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The Lexus RX350 has set the tone for mid-size luxury SUVs, now mostly crossovers, for about 20 years and with the 2016 model being totally restyled inside and out, I was expecting more of the same.

American Express settles Koss lawsuit for $3 million
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Koss charged that the credit card company should have notified Koss earlier than it did that Koss executive Sujata Sachdeva was using corporate cards to fund her extravagant spending.

Water Council legislation floundering in state legislature
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Milwaukee trade group could get $1 million in grant money; was pushing for $10 million and a 24% tax credit for water research done by its members

Firm recommends approval of Journal Media Group-Gannett merger
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Another independent proxy advisory firm has recommended shareholder approval of the proposed merger between Journal Media Group and Gannett Co. Inc., Journal Media Group said Friday.

National Presto Industries Inc. declares extra dividend
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National Presto Industries Inc. said Friday it would pay an extra $4.05 dividend in addition to its regular $1 year-end dividend to shareholders.

State public housing programs to receive $16.9 million from HUD
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Public housing programs in Wisconsin will receive more than $16.9 million from the U.S. Department of Housing and Urban Development to repair and improve their properties.

Remodeled Brookfield Suites Hotel converting to Embassy Suites
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A 203-room Brookfield hotel is being remodeled and will get a new national brand.

Kohl's cuts three high-level positions in organizational shake-up
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Kohl’s chief digital officer and two senior vice presidents are gone. The move comes as the company struggles to revive sluggish performance and rekindle growth.

Gener8tor raises $1.5 million fund, names new class of start-ups
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Five start-ups will participate in gener8tor’s 12-week training program in Madison.

Congress gives final approval to banning Internet access taxes
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Until now, states that imposed Internet access taxes have been allowed to continue. Seven states, including Wisconsin, have been collecting a combined $563 million yearly from the access taxes.

Southwest announces record $620 million profit share for employees
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Southwest Airlines announced a record employee profit share of $620 million for 2015 on Thursday, equivalent to about eight weeks of pay for each eligible employee.

New faces, new places for Feb. 12
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New Faces New Places is about personnel changes at Wisconsin businesses.

Marcus offers $15 overnight stays in promotion for Hilton Madison Monona Terrace hotel
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Hard to beat this deal: Fifteen bucks for a room at the Hilton Madison Monona Terrace hotel.

Smith takes the helm at Mason Wells
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Poised to deploy a new $615 million fund, the Milwaukee private equity firm gets its first new leader since spinning out of Marshall& Ilsley Corp. in 1998

Johnson Controls Inc.’s tax inversion plan
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Johnson Controls Inc., Wisconsin’s largest company, is expecting savings of $150 million a year when it shifts its corporate headquarters to Cork, Ireland, this fall as a result of its merger with Tyco International.

Sam's Club to be converted into light industrial space
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The store on Milwaukee’s far northwest side will be replaced by a new Sam’s Club opening in August. It would be the latest of several retail buildings near the former Northridge Mall to be converted.

State regulator honors financial literacy efforts
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Seven individuals and eight organizations have been honored by the Wisconsin Department of Financial Institutions for their efforts to promote financial know-how among state residents.

Business Index
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