Economic Development

Acquisition of APS Healthcare results in layoffs

APS Healthcare announced it will lay off 133 employees in Brookfield as a result of the acquisition of the company by Universal American Corp.

UnitedHealth Group to acquire Brazilian insurer

UnitedHealth Group Inc. announced it is buying most of Brazilian insurer and hospital operator Amil Participacoes SA for $4.9 billion.

UMB grows trust size, product offering

Milwaukee-based mutual and hedge fund service provider UMB Fund Services Inc. has grown its Investment Managers Series Trust to more than $3 billion in net assets.

Dow hits 5-year high as unemployment rate dips below 8%

The Dow Jones Industrial Average climbed 83 points today to 13,658, its highest point in five years, with the news that the U.S. unemployment rate fell to 7.8 percent in September, dropping below 8 percent for the first time since January of 2009.

Get Smarter by attending conference

Southeastern Wisconsin business executives can become more enlightened leaders and learn about practical solutions to bridge the region's skills gap by attending the fourth annual BizTimes Get Smarter Conference.

Stocks rise with stronger jobs data

As President Barack Obama and challenger Mitt Romney prepare for tonight’s debate, the Dow Jones Industrial Average surged past the 13,500 mark this morning with news that the ADP National Employment Report showed the U.S. private sector added 162,000 jobs in September on a seasonally adjusted basis.
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New hires and promotions

Jeff Jarecki has been hired as vice president-senior commercial lender at Layton State Bank in West Allis. He has...

WWBIC to feature microfinance at luncheon

The Wisconsin Women’s Business Initiative Corporation will feature six keynote speakers at its annual luncheon on November 5 to celebrate its 25th anniversary.

Miller Compressing sold following OSHA violations

St. Louis-based leading national scrap metal processor Alter Trading Corp. has purchased Miller Compressing Company.

East Pointe Marketplace is listed for sale

East Pointe Marketplace, a 57,888-square-foot shopping center in downtown Milwaukee, is for sale, according to Chicago-based commercial real estate firm Holliday Fenoglio Fowler LP, which says it has been hired to market the property for the sellers, a joint venture of Northwestern Mutual Life Insurance Co. and Mandel Group Inc.

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