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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Marshfield Clinic Health System names CEO
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Susan L. Turney, a Wisconsin native who previously ran a national trade organization for health care executives, has been named the first-ever chief executive officer of Marshfield Clinic Health System.

Exact Sciences posts smaller quarterly loss
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Exact Sciences Corp., a Madison company preparing to bring to market a DNA-based, noninvasive colon cancer screening test, reported a smaller loss in the second quarter.

Dueling court rulings leave Obamacare subsidies up in air
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The federal rulings may eventually affect consumers who purchased their coverage through the federal insurance marketplaces that serves 36 states, including Wisconsin.

A.O. Smith reports jump in earnings, forecasts more gains
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A.O. Smith also increased its earnings outlook for the full year and forecast another increase in earnings for 2015.

Harley earnings up 30%; cuts shipment forecast
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Harley-Davidson Inc. on Tuesday posted a 30% increase in its second-quarter profit but lowered its motorcycle shipment outlook for the year, citing weaker than expected retail sales.

U.S. craft breweries hope to tap European markets
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Richmond, Va.— Helping to quench a growing thirst for American craft beer overseas, some of the United States' largest craft breweries are setting up shop in Europe, challenging the very beers that inspired them on their home turfs.

economy22
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Detroit— Rising sales helped boost hiring and wages at U.S. businesses in the second quarter, and companies are optimistic that the trends will continue this fall, according to a new survey by the National Association for Business Economics.

New food scare in China hits KFC, McDonalds
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Beijing— McDonald's and KFC in China faced a new food safety scare Monday after a Shanghai television station reported a supplier sold them expired beef and chicken.

Children's Hospital executive Christensen sets retirement
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Cindy Christensen, president and chief operating officer of Children’s Hospital of Wisconsin and executive vice president of Children’s Hospital and Health System, plans to retire at the end of this year.

Artisan reports higher second quarter earnings
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Artisan Partners Asset Management Inc. on Monday reported profits of $19.3 million, or 42 cents a share for the quarter ending June 30.

Genealogist digs deep to unearth family roots
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The work of professional genealogists involves detective-like legwork and prodigious research.

Businesses plan more hiring, but can't find workers: WMC poll
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Seventy-one percent of the executives surveyed said they expect moderate growth in the state’s economy during the next six months, an improvement from 65% in January, the survey showed.

Home sales in Wisconsin rose 4.5% in June; prices steady
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All regions of Wisconsin saw gains in June, with the West and the Central regions up 15.6% and 10.1%, respectively.

Manpower posts 61% gain in second-quarter earnings
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Reporting a 61% jump in quarterly earnings, ManpowerGroup Inc. said employment prospects continue to improve.

Roadrunner Transportation Systems acquires Indiana firm
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Cudahy-based Roadrunner Transportation Systems Inc. said Monday it has acquired an Indiana logistics firm for $13 million.

After hybrid success, Toyota gambles on fuel cell
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Toyota is betting that drivers will embrace hydrogen fuel cells, an even cleaner technology that runs on the energy created by an electrochemical reaction when oxygen in the air combines with hydrogen stored as fuel.

State's low Medicaid payments pinch doctor practices in low-income areas
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The GAO found that Medicaid payments for physicians in Wisconsin on average were 71% lower for office visits than private insurance rates.

Badger Fund of Funds to invest across state
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It’s a grand vision: As many as 12 venture capital funds investing a combined $100 million into more than 100 companies across Wisconsin. Ken Johnson, one of the state’s most successful venture capitalists, wants to make that vision a reality.

Investors wait to hear from the Federal Reserve about rate increases
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Investors are nervously parsing every syllable of communications from the Fed for indications of when the first interest rate hike since June 2006 will happen.

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