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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Johnson Controls, Tyco set merger shareholder votes for Aug. 17
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The Glendale company and Tyco also have changed what the Irish-based company will named. After the merger, Ireland-based Tyco will change its name to Johnson Controls International plc.

Tesla crash and death could hurt sentiment on driverless cars
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The death of a driver who was using Tesla Motors’ semi-autonomous mode could add to the public’s apprehension of driverless cars.

Takeover speculation drives up Harley-Davidson stock
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Some sources have indicated that the firm Kohlberg Kravis Roberts is willing to pay $65 per share for Harley, Craig Kennison, a Robert W. Baird& Co. analyst said in a note to clients.

North Shore Bank to acquire parent company of Layton State Bank
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North Shore Bank said Friday it plans to acquire Layton Park Financial Group Inc., the parent company of Layton State Bank.

Automakers face murky outlook for second half of year
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Slower job growth and Brexit could create new headwinds for auto sales.

WISC Partners raises $8.2 million
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The fund, which has offices in Milpitas, Calif. and Madison, has an unusual model where it provides consulting to portfolio companies in return for a percentage of the increased value they achieve.

SC Johnson strikes deal to buy growing supplier of baby-safe products
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Babyganics, of Westbury, N.Y., sells its diapers, skin-care, laundry and cleaning products at retailers such as Target, Walgreens and Meijer

Husco International is eliminating 100 jobs in Waukesha
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The Waukesha manufacturer of hydraulic controls said the positions are being eliminated as part of a restructuring effort because of slow demand for its off-highway products.

New faces, new places for July 1
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New Faces New Places is about personnel changes at Wisconsin businesses.

Madison health care systems and insurance companies form new collaborations
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UW Health and UnityPoint Health align physicians.

Yahoo CEO paints bright picture with potential sale looming
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Marissa Mayer says Yahoo is“making great progress” at shareholders meeting.

IDAvatars merges with Colorado company
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IDAvatars, based in Mequon, and CodeBaby, based in Colorado Springs, have complementary technologies and combined will employ 35 people and 10 contractors.

Moody's lowers outlook for U.S. retail sales
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Moody’s Investors Service said Thursday it lowered its outlook for U.S. retail sales amid disappointing earnings by major companies such as Walmart, Macy’s, Nordstrom and Kohl’s.

Retailers win as appeals court throws out antitrust settlement with credit cards
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Appeals court throws out a settlement with Visa and MasterCard.

Cheata motorbikes are retro rides into the future
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The motorized bicycles manufactured in South Milwaukee can go up to 30 mph.

Pipeline problems won't dampen fun for Fourth of July travelers
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Tanker trucks and Great Lakes ships are delivering gasoline to Green Bay to make up for loss of fuel from shuttered pipeline.

Feds may block Anthem's bid to acquire Cigna
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Rejection could prompt insurers to seek smaller acquisitions

Southwest Airlines tries to balance strong brand and the need to grow revenues
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The popular airline does not want to alienate loyal customers while seeking new revenue streams.

Exact Sciences executive attends Cancer Moonshot Summit
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Kevin Conroy, top executive at the Madison-based diagnostic test company, was among more than 350 business people, researchers, oncologists and others at the Cancer Moonshot Summit in Washington, D.C.

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