Economic Development
U.S. economy added 295,000 jobs in February
The U.S. economy added 295,000 new jobs in February, according to the Bureau of Labor Statistics, blasting past economists' expectations of about 240,000 new jobs.
Baird names Maxwell CFO
Milwaukee-based Robert W. Baird & Co. Inc. has named Terry Maxwell its new chief financial officer, effective March 10.
Walker names Allen DFI secretary
Gov. Scott Walker has appointed Ray Allen secretary of the Department of Financial Institutions, which regulates state-chartered banks, savings and loan associations, savings banks, credit unions and some operations of the securities industry.
SC Johnson acquires Czech cleaning brands from Unilever
Racine-based SC Johnson has acquired HomeBrands A.S. from Unilever CR, spol. s r.o., the Czech subsidiary of multinational consumer product manufacturer Unilever N.V.
American Appraisal lays off 32 at downtown Milwaukee office
American Appraisal Associates Inc. notified state officials that it is laying off 32 employees in its downtown Milwaukee office at 411 E. Wisconsin Ave.
ManpowerGroup leader joins Baird Capital
Owen Sullivan has joined Baird Capital, the direct private investment arm of Milwaukee-based Robert W. Baird & Co. Inc., as an operating partner.
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BOGS brand growth drives Weyco Group higher
Milwaukee-based footwear designer and marketer Weyco Group Inc. has announced fourth quarter and full year results.
Kornit files for IPO
Israeli company Kornit Digital Ltd., which has its U.S. offices in Mequon, has filed with the U.S. Securities and Exchange Commission for an initial public offering of its ordinary shares.
Milwaukee Biz Blog: A primer on 529 college savings plan updates
In 2014, Wisconsin's Legislature modified Wisconsin's 529 college savings plans EdVest and TOMORROW'S SCHOLAR.
Wisconsin banks had less profitable year
Wisconsin's banks reported combined net income of $937 million in 2014, down from $1 billion in 2013, according to the new Quarterly Banking Profile released by the Federal Deposit Insurance Corp.