Economic Development
Get the latest updates on economic development initiatives across southeastern Wisconsin.
Milwaukee Biz Poll: Should a sales tax help finance new Milwaukee arena?
Should a regional sales tax be used to help finance a new arena to replace the Bradley Center in Milwaukee?
Biz Blog: State should venture only as limited partner
That the state is an investor, equal to other investors, needs to be a fundamental principle in any venture capital bill going forward in Wisconsin.
Badger Mutual Insurance promotes Kane to president
David Kane has been named the new president of Milwaukee-based Badger Mutual Insurance Company.
Baird promotes Langenfeld to lead global equities
Milwaukee-based Robert W. Baird & Co. Inc. announced that Jon Langenfeld has been promoted to head of global equities with overall responsibility for Baird’s equity research, sales and trading operations.
First Business Financial caps strong year
First Business Financial Services Inc. the Madison-based parent company of First Business Bank and First Business Bank -Milwaukee, reported strong fourth quarter and record full year earnings, reflecting successful execution on initiatives to grow loans and in-market deposits, invest in fee-generating capabilities and improve asset quality.
GDP shrinks, likely to slow local hiring
The U.S. economy shrank in the fourth quarter for the first time since 2009, hurt by the largest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles.
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Northwestern Mutual caps record year
Milwaukee-based Northwestern Mutual Life Insurance Co. Inc. announced its 2012 financial results, which include a record dividend payout to policy owners expected to exceed $5 billion in 2013. The company paid $4.97 billion in dividends last year.
Associated Bank to consolidate Chicago offices
Green Bay, Wis.-based Associated Banc-Corp. is consolidating its Chicago operations into one larger office in the West Loop from four other buildings in the market.
State government’s surplus continues to grow
The state is now projected to have nearly $1.7 billion in extra revenue to assemble the next two-year budget.
Baird Private Equity is rebranding to Baird Capital
Baird Private Equity, the direct private investment arm of Milwaukee-based Robert W. Baird & Co. Inc., has unveiled an updated strategic brand that includes the new name of Baird Capital.