Ideas

Infosys notified state officials Tuesday that it plans to “reduce our operations” at the Schlitz Park complex at 1515 N. River Center Dr. in downtown Milwaukee and will eliminate 31 employees there.

Milwaukee-area manufacturing activity stalled in April after growing in March, according to a new report from the Institute for Supply Management-Milwaukee.

Milwaukee-based private investment group SFM Investments LLC has acquired the assets of St. Francis-based Fontarome Chemical Inc. and its wholly owned French subsidiary FCI SAS out of chapter 128 receivership.

Brookfield-based Sitzberger Widmann & Company S.C. and Milwaukee-based Hau & Associates have merged their public accounting firms.

First Business Financial Services Inc., the Madison-based parent company of First Business Bank-Milwaukee, reported first quarter net income of $3.3 million, or 84 cents per share, up from $3.2 million, or 83 cents per share, in the first quarter of 2013.

After a moderate expansion in 2013, the pace of Wisconsin's economic recovery is picking up in 2014, according to a special report by BMO Economics on the economic output from the Great Lakes region.

Stamford, Conn.-based Charter Communications will take over 1.4 million existing Time Warner Cable customers, including those in the Milwaukee area, from Philadelphia-based Comcast Corp. in a divesture deal.

Sussex-based Quad/Graphics Inc. has completed its $1.9 billion debt financing, which incorporates refinancing, extending and expanding its $1.6 billion senior secured credit facility and a high-yield offering of $300 million in bonds.

Milwaukee-based UMB Fund Services has been honored as “US Fund Administrator of the Year (Alternative Investments)” by ACQ Magazine.