Economic Development
Get the latest updates on economic development initiatives across southeastern Wisconsin.
BMO completes integration of Harris and M&I
BMO Financial Group announced it has completed the integration of the personal, commercial and wealth operating systems of Harris Bank and M&I Bank.
Bank Mutual gains momentum
Bank Mutual Corp. reported third quarter net income of $2.0 million, or 4 cents per share, up from $1.3 million, or 3 cents per share, in the same period a year ago.
Associated Bank reports robust quarter
Green Bay-based Associated Banc-Corp reported third quarter net income of $45 million, or 26 cents per share, up from $34 million, or 20 cents per share, in the same period a year ago.
Caterpillar lowers outlook
Despite posting a record third quarter with a 49-percent increase in earnings, Caterpillar Inc. lowered its outlook for 2013.
Milwaukee Biz Blog: A flatter tax is not a fairer tax
The call for a “flatter” income tax often is accompanied by a call for fairness. In truth, the flatter tax is not fair, according to Jack Norman, author of today’s Milwaukee Biz Blog.
Infusinio joins KABA as talent development director
Brooke Infusino will join the Kenosha Area Business Alliance (KABA) on Oct. 29 as its director of talent development.
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Foreign currency rates clip ManpowerGroup
Milwaukee based ManpowerGroup reported third quarter net earnings of $63.1 million, or 79 cents per share, down from $79.6 million, or 97 cents per share, in the same period a year ago.
Turmoil continues at the WEDC
The shakeup of the Wisconsin Economic Development Corp. (WEDC) continued today, with Gov. Scott Walker demanding changes in oversight of the agency.
BizTimes cover story: Practical solutions for bridging the skills gap
Wisconsin's skills gap has been well-documented.
State’s economic development programs should be transparent
Recent federal findings criticizing the lack of openness in Wisconsin’s distribution of federal economic development funds highlights the need for a serious effort by state leaders to ensure these subsidy programs are transparent and accountable. A new WISPIRG Foundation report has found that Wisconsin taxpayers have access to almost no information about the outcomes from the millions of dollars invested in economic development subsidies from the past four years. The report, “Leaving Taxpayers in the Dark: The Urgent Need to Improve Transparency and Accountability in Wisconsin’s Economic Development Subsidy Programs,” finds that online transparency has gotten worse despite promises from state leaders to enhance transparency and accountability in these programs.