Economic Development

Employers more bullish after recall election

Southeastern Wisconsin business executives are more optimistic about the direction of their companies in the second half of the year than they were when the year began, according to the latest BizTimes Business Dashboard Survey.

Appleton Papers calls off acquisition by billionaire investor

Appleton Papers Inc. announced is discontinuing its proposal to be acquired by Hicks Acquisition Company II Inc., a special purpose acquisition company operated by billionaire Thomas Hicks.

Runzheimer acquires Canadian firm

Waterford-based Runzheimer International, a global leader in Total Employee Mobility solutions, has acquired Canadian GPS technology firm SatLogix Inc., an innovator of vehicle mileage tracking devices and cloud-based mileage management platforms.

Janesville company acquires Data Exchange Center Inc.

Data Dimensions, a Janesville-based producer of business process automation (BPA) solutions, announced it has acquired Data Exchange Center Inc. located in Brown Deer.

Northern Trust investment managers are less optimistic about economy

Investment managers are becoming less positive on the U.S. economy and corporate earnings due to the expected negative impact of a recession in Europe and slower growth in China, according to a survey conducted in the second quarter by Northern Trust Bank.

Cole Taylor Bank opens branch in Franklin

Chicago-based Taylor Capital Group Inc. announced that Cole Taylor Bank is expanding its commercial banking business into southeastern Wisconsin through the opening of a new office in Franklin.
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Town Bank to open Menomonee Falls branch

Hartland-based Town Bank plans to open a new office in a freestanding building in The Woodlands Market retail center in Menomonee Falls. The bank will hold a grand opening in the late summer or early fall.

Median asking price drops

The median asking price for Milwaukee companies listed on BizBuySell.com dropped to $259,500 in the second quarter, down 5.6 percent from a year ago.

National unemployment claims fall to 4-year low

The number of Americans filing new claims for unemployment benefits last week fell sharply to their lowest level in four years, according to a new report released today by the U.S. Department of Labor.

Unemployment claims spike in Wisconsin

The number of people filing first-time claims for unemployment benefits in Wisconsin last week spiked nearly 47 percent from the prior week, according to the latest estimate released today by the Wisconsin Department of Workforce Development.

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