Economic Development

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.

Menomonee Falls-based Actuant Corp. announced the completion of its acquisition of Viking SeaTech of Aberdeen, Scotland.

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 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.

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.

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.

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.

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.

The U.S. stock market sputtered last week as analysts speculated that the Federal Reserve Board may be on the verge of tapering its bond-buying program and might even be pondering a slight increase in the core interest rate.

Milwaukee-based Rexnord Corp. has acquired the assets of Micro Precision Gear Technology Ltd., a UK-based specialty precision aerospace gears manufacturer.