Economic Development

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

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.

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.

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.

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.

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.

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.

WellPoint Inc. announced it has entered into a definitive agreement to acquire Amerigroup Corp., one of the nation's leading managed care companies that is focused on meeting the health care needs of financially vulnerable Americans.

CliftonLarsonAllen (CLA) announced the acquisition of the tax and accounting business segments of AgStar Financial Services.

BrightScope, a provider of independent financial information and investment research, unveiled its 2012 list of the top 25 Registered Investment Advisor (RIA) firms in the Milwaukee area.