Economic Development
WHEDA launches Refi Advantage program for homeowners
The Wisconsin Housing and Economic Development Authority (WHEDA) has rolled out its new Refi Advantage program, which offers refinancing loans to borrowers whose loans are owned or serviced by WHEDA.
Mining slump takes toll on Joy Global
With the global demand for mining continuing to decline and its stock trading near its 52-week low, the board of directors of Milwaukee-based Joy Global Inc. has authorized the company to repurchase up to $1.0 billion in shares of common stock over the next 36 months.
Fiserv launches new tablet banking app
Brookfield-based Fiserv Inc. a global provider of financial services technology solutions, has announced the launch of Mobiliti: Tablet, a turnkey mobile banking application for tablet users.
Actuant completes acquisition of Scottish company
Menomonee Falls-based Actuant Corp. announced the completion of its acquisition of Viking SeaTech of Aberdeen, Scotland.
Economy grew at a faster pace in 2nd quarter
The U.S. economy expanded at a faster pace than previously estimated in the second quarter as exports and business investment were revised upward, pushing the revised gross domestic product up 2.5 percent from the initial estimate of 1.7 percent.
BMO Harris Bank to sponsor ‘The Nutcracker’
BMO Harris Bank has announced plans to sponsor this year's performance of “The Nutcracker” by the Milwaukee Ballet to ensure that the holiday tradition can take the stage for its 43rd year.
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Schwartz takes post at Wells Fargo Bank
Anne Schwartz, who most recently served as the communications director of the Milwaukee Police Department, has accepted a new position as the regional communications director of corporate communications for Wells Fargo Bank.
Bank earnings up in 2Q
Wisconsin banks reported net income of $497 million in the second quarter, up from $407 million in the same period a year ago, according to the Quarterly Banking Profile released by the Federal Deposit Insurance Corp.
Economy grew at a faster pace in 2nd quarter
The U.S. economy expanded at a faster pace than previously estimated in the second quarter as exports and business investment were revised upward, pushing the revised gross domestic product up 2.5 percent from the initial estimate of 1.7 percent.
BrightStar Wisconsin Foundation opens headquarters
The BrightStar Wisconsin Foundation, a groundbreaking philanthropic approach to supporting job creation and economic growth statewide through investment in early-stage companies, has announced the opening of a Milwaukee office that will serve as its headquarters.
