Economic Development

U.S. Bank promotes Ward as business banker

Mike Ward has been promoted to oversee U.S. Bank’s business banking group in southeastern Wisconsin.

Generac acquires Magnum Products

Waukesha-based Generac Power Systems announced it has acquired Magnum Products, a leading manufacturer of light towers and mobile generators.

Retailers report stronger sales in September

Most major U.S. retailers posted gains in comparable store sales in September, as shoppers stocked up on back-to-school supplies and snagged discounts and affordable luxuries.

Squabbling continues over streetcar funding

Some Milwaukee officials are requesting that $54.9 million in federal funds for a proposed downtown streetcar project be redirected to the ailing Milwaukee County Transit System, although such a request is likely not possible because of federal guidelines for the money.

BizStarts Milwaukee calls for passage of venture capital bill

BizStarts Milwaukee Inc. celebrated its third anniversary of helping entrepreneurs in southeastern Wisconsin start companies and create jobs.

Joy Global sells notes to help finance acquisition

Milwaukee-based Joy Global Inc. announced it has priced an offering of $500 million aggregate principal amount of its 5.125-percent senior notes due Oct. 15, 2021.
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U.S. Bank surpasses M&I for top Milwaukee market share

The former M&I Bank has lost its top spot in Milwaukee area market share, according to a Federal Deposit Insurance Corp. report.

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