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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Plans to replace Bay View lounge with apartments turn sour
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After nearly a half-century whipping up sweet concoctions at At Random, Ron Zeller is ready to hang up his blender. But plans to sell it to an apartment developer caused an uproar.

MSOE students put their innovative prowess on display
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Senior-year projects represent months of work by teams of students that, in some cases, collaborated with area companies to solve a problem or come up with a better idea.

Yellen: 1st rate hike likely by year end if economy improves
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Washington— Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year — if the job market improves and the Fed is confident inflation will climb closer toward its target rate.

Rogue happy medium between small and compact crossovers
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Nissan restyled its entry-level crossover, the Rogue, last year to make it look less like a truck and improve its ride.

Business in Wisconsin
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Business in Wisconsin publishes items of interest about Wisconsin businesses.

Oilgear says it will cut 45 jobs
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Oilgear is a manufacturer of pumps, hydraulic systems and other power gear for industrial machinery and construction equipment.

Building proposed for new tenant at Reed Street Yards
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A new zoning proposal would allow the development of a three-story building for an undisclosed company at Milwaukee’s water-technology business park.

Milwaukee company among Neuro Startup Challenge winners
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Formed in April, Angio360 Diagnostics LLC makes cancer diagnostic tools for veterinary and human applications.

Two groups approved to hold public events at downtown lot
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The Milwaukee Redevelopment Authority granted licensing agreements to Creative Alliance Milwaukee Inc. and Clever Sauce Creative to use the lot south of W. Wisconsin Ave. and west of N. 4th St.

Umi steps up sales of its children's shoes overseas
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Umi, part of Weyco Group, has increased its product distribution in South Korea, China, the Philippines, India, Israel, Russia and other countries.

New Faces, New Places for May 22
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New Faces, New Places is about personnel changes at Wisconsin businesses.

Approval seems likely for Wisconsin Energy purchase of Integrys
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Wisconsin Energy Corp. appears to be on track to gain the regulatory approvals it needs for its $9.1 billion acquisition of Chicago-based Integrys Energy Group Inc.

Tazinos restaurant chain appears to have closed
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The Menomonee Falls location— the only one of the four fast-casual pizza, pasta and salad spots that has been open since mid-April — is now operating as Pizza Crafters.

City panel approves grants for downtown office tower, building rehab
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Johnson Controls would get $250,000 to help it conduct tests on a possible office development site, while the renovation of the Mackie Building would receive $900,000 in city funds.

Ashley Furniture Industries opens e-commerce center in Tampa, Fla.
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The Arcadia-based company said Thursday it will house more than 100 employees in a 70,000-square-foot space in Tampa’s historic Ybor City neighborhood.

Gov. Scott Walker delivered about half the jobs promised in first term
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Wisconsin created 129,131 private-sector jobs in the four years of the governor’s first full term, according to data released Thursday.

Brady Corp. third-quarter earnings fall 28.5%
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Brady Corp., a Milwaukee-based manufacturer that's been restructuring its operations around the globe, on Thursday reported a 28.5% drop in earnings in the latest quarter.

Madison medical device maker Neuwave raises $25 million
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Founded by University of Wisconsin-Madison scientists, Neuwave’s device provides a minimally invasive treatment that uses microwave energy to destroy tumor cells.

Westbury Bank to repurchase 4.5% of shares outstanding
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Westbury Bancorp Inc. said Thursday its board has authorized another stock buyback program.

Business Index
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