Government & Politics

New state contract for Foxconn reduces incentive maximum to $80 million

The renegotiated contract between Foxconn Technology Group and the state of Wisconsin offers the company up to $80 million in tax credits if the company hits certain hiring and investment targets.

Harley-Davidson says EU tariff ruling to come in a matter of weeks

Milwaukee-based Harley-Davidson Inc. expects a ruling to come in a few weeks for the company’s appeal on a 50% tariff increase for Harley exports to Europe, president, chairman and CEO Jochen Zeitz told analysts on an earnings call today.

Viewpoints: Legislature should prioritize talent attraction in budget

Driving back from my family's cabin in Waupaca over the weekend, something caught my attention; nearly a dozen billboards advertised skilled, entry-level jobs in the manufacturing and food production industries, many offering annual wages of $40,000 to $50,000.

Evers and Foxconn say they’ve reached a new agreement, but there are few details

Wisconsin Gov. Tony Evers and Foxconn Technology Group vice chairman Jay Lee said Monday that the two sides have reached a new agreement on incentives for the company’s project in Mount Pleasant.

Milwaukee man pleads guilty to fraud in obtaining PPP loans

Steven Smith, 42, of Milwaukee has pleaded guilty to federal bank fraud for his role in fraudulently obtaining over $600,000 in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
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