Arthur Thomas

Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

We Energies seeking rate increase driven by clean energy investments

We Energies utilities are seeking approval from regulators for rate increases that would increase the typical residential electric bill by $5 to $6 per month, a 5% to 6% increase starting in January.

Public record: The timeline for Zurn’s acquisition of Elkay

Milwaukee-based Zurn Water Solutions was four months removed from completing a major transaction that changed its name from Rexnord,...

Baird’s Mary Ellen Stanek receives top Morningstar award for portfolio managers

Morningstar has recognized Mary Ellen Stanek, the president of Baird Funds and co-chief investment officer of Baird Advisors, with its Outstanding Portfolio Manager Award for 2022.

Milwaukee 7 goes public with $6 million fundraising campaign

The Milwaukee 7 Partnership for Economic Development is seeking to raise $6 million by 2025 to support its economic development efforts in southeastern Wisconsin.

Former Foxconn exec Yeung says Ohio would have been better for Gen 10.5 plant

Former Foxconn executive Alan Yeung says it would have made more sense for Foxconn to pick Ohio for the Generation 10.5 LCD plant it initially planned to build in Mount Pleasant.
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Year-over-year wage growth in Wisconsin tops 6% for third straight month

In March, the average hourly wage for a private sector worker in Wisconsin was $29.80, up more than 6.9% from the same time in 2021, according to preliminary data from the U.S. Bureau of Labor Statistics.

Kohl’s CEO says settlement with activist investor is ‘unlikely’

Kohl’s Corp. chief executive officer Michelle Gass told employees of the Menomonee Falls-based retailer a settlement with an activist investor pushing for changes at the company is “unlikely.”

Little job growth in March, but Wisconsin’s unemployment rate dips to 2.8%

Wisconsin added just 500 private sector jobs in March, but the state’s unemployment rate declined to 2.8%, according to preliminary data released by the state Department of Workforce Development.

Froedtert Health partnering with Carbon Health on eastern Wisconsin clinics

Wauwatosa-based Froedtert Health plans to partner with Carbon Health as the San Francisco-based health care provider builds primary care and urgent care clinics throughout eastern Wisconsin.

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