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.
Physicians Realty Trust, Healthpeak merger date set after shareholder approval
Milwaukee-based Physicians Realty Trust and Denver-based Healthpeak Properties Inc. both received approval from shareholders for their planned merger, a deal that valued the combined...
🔒 Quad’s net sales dipped below $3 billion in 2023
Sussex-based Quad/Graphics reported net sales of $2.96 billion for 2023, a decline of 8% from the previous year that was within the guidance the...
🔒 Northwestern Mutual posts new highs for revenue, operating gain in...
Milwaukee-based Northwestern Mutual ended 2023 with total revenues reaching $36.1 billion and an operating gain before dividends and taxes of more than $8.1 billion.
Revenue...
🔒 We Energies plans $2 billion in natural gas power projects...
Wisconsin Electric is planning to build a 1,200-megawatt combustion turbine natural gas power plant on its Oak Creek campus and will also seek approvals...
MMAC survey finds ‘tepid’ expectations to start year
Metro Milwaukee businesses are less optimistic for sales growth this year than they were at this time a year ago and continuing economic growth...
🔒 Economic growth prompts WEC Energy Group plans to invest another...
Milwaukee-based WEC Energy Group just announced its five-year capital plan in November, but the parent company of We Energies and other utilities is adding $300...
🔒 Northwestern Mutual makes additional leadership changes tied to CEO succession
Northwestern Mutual on Thursday announced a new chief distribution officer and the retirement of its former chief financial officer.
The moves come after the Milwaukee-based...
🔒 Connecting new hires to growth strategy at Associated Bank
When Andy Harmening took over as chief executive officer of Associated Bank in 2021, he wanted to turn the bank into a growth company.
On...
🔒 REV Group returning $180 million to shareholders after exiting bus...
Brookfield-based specialty vehicle maker REV Group plans to return $180 million to shareholders through a special dividend after exiting its school bus and transit...
🔒 Softer job market does not mean workforce challenges are solved
It’s clear from the data, the labor market in Wisconsin is not as hot as it was a few years ago.
The state’s unemployment rate...
🔒 Generac CEO: ‘We must be agile as business leaders’
The leadership team at Town of Genesee-based Generac Power Systems knows what it’s like to have business change overnight. When major storms or hurricanes...
Will There Be A Recession In 2024?
We didn’t have a recession in 2023. Looking ahead, will we eventually have to pay the piper? Annex Wealth Management’s Dave Spano and Brian Jacobsen discuss.
