Economic Development

Stocks rise as unemployment claims fall

The U.S. stock market advanced this morning after national unemployment claims fell close to their lowest level in six years in August and a new data that showed economic growth accelerated in the third quarter.

Employers invited to BizTimes Get Smarter Conference

The fifth annual BizTimes Get Smarter Conference will focus on how employers can use apprenticeships, internships and mentorships to develop their future workforce and become more productive.

Brass Ring adds southeast advisor

James Cox has joined Milwaukee private equity firm Brass Ring Capital as special advisor. He will assist the firm in identifying and completing investments in the southeastern United States as it expands its geographic reach.

Bank of Kenosha CEO lands at Talmer

Gary Hutchins has been named managing director, commercial relationship manager at Talmer Bank and Trust in Kenosha.

U.S. Bank launches Asociados small business program

U.S. Bank and the Hispanic Chamber of Commerce of Wisconsin have introduced a loan referral program called “Asociados” in an effort to increase chamber businesses' access to lending.

Sentry Equipment acquires Texas company

Oconomowoc-based Sentry Equipment Corp, a worldwide supplier of industrial sampling products and systems, has acquired the assets owned by Accurate Tool Company, based in Kilgore, Texas.
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State sends out notifications about insurance changes

Gov. Scott Walker's administration sent letters to an estimated 92,000 Wisconsinites today, notifying them that they no longer will be eligible for health care insurance coverage through the state's BadgerCare Plus program.

Ridgestone Bank reports record earnings

Brookfield-based Ridgestone Financial Services reported record earnings during the first six months of 2013, with a net income of $4.2 million, up from $219,000 for the first six months of 2012.

Case is new CFO of Annex Wealth Management

Melissa Case has been named chief financial officer of Elm Grove-based Annex Wealth Management.

Roadrunner makes another acquisition

Cudahy-based Roadrunner Transportation Systems Inc. has acquired substantially all of the assets of YES Trans Inc., a refrigerated truckload service provider based in Salisbury, Mass.

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