Economic Development

The performance by the equity markets in October was in line with expectations as the presidential election cycle made its presence felt.

Cudahy-based Roadrunner Transportation Systems Inc. announced it has acquired all of the outstanding stock of Central Cal Transportation, a Fresno, Calif.-based provider of intermodal transportation and related services.

Baird Capital Partners, the buyout fund of Baird Private Equity, announced its portfolio company Digi-Star LLC of Fort Atkinson has acquired RDS Technology of the United Kingdom.

Northwestern Mutual has announced the promotion of three executives in Milwaukee.

Associated Bank has received the Minority Business Development Award from the Wisconsin Economic Development Corporation.

Milwaukee-based company Artisan Partners Asset Management Inc. has filed for a $250 million proposed initial public offering of Class A common stock.

U.S. job growth accelerated in October, with the private sector adding a seasonally adjusted 171,000 jobs, exceeding most expectations, but the stubborn unemployment rate ticked one-tenth of a percentage point higher to 7.9 percent, as more people resumed looking for work.

The performance by the equity markets in October was in line with expectations as the presidential election cycle made its presence felt.

Chief executive officers at more than 80 major U.S. corporations released a statement today to pressure Congress to reduce the federal deficit with tax increases and spending cuts.

People’s perceptions of the state of the current economy in Wisconsin remains pessimistic, but expectations of future economic performance and the overall direction of the state have become more rosy, driven primarily by a change in outlook by political independents.