Ideas

Employers in the metropolitan Milwaukee area expect to hire at a vigorous pace in the third quarter, according to the latest ManpowerGroup Employment Outlook Survey.

Telkonet Inc., a Wauwatosa-based intelligent energy management provider, today announced it has been granted a $2.0 million traditional business credit line from San Jose, Calif.-based Bridgebank.

Regent Michael Falbo of Franklin was elected president of the University of Wisconsin System Board of Regents and Regent Regina Millner of Madison was elected to serve as vice president of the board.

A judge in U.S. Bankruptcy Court in Delaware approved the final sale of Waukesha's Golden Guernsey Dairy LLC to Morton Grove, Ill.-based Lifeway Foods Inc.

Thrivent Financial for Lutherans announced that its membership approved an extension of its common bond, allowing it to serve more Christians.

Unless Congress acts, on July 1, the interest rate for 159,147 student loan borrowers in Wisconsin will double from 3.4 percent to 6.8 percent, according to a report by WISPIRG (Wisconsin Public Interest Research Group), a nonprofit, nonpartisan public interest advocacy organization.

U.S. regulators last week filed suit against U.S. Bank for allegedly facilitating the embezzlement of customer funds by the jailed founder of Peregrine Financial Group Inc., the collapsed futures brokerage.
 

Curtis Industries, a Milwaukee-based division of Powers Holdings, announced it has acquired Tri-Mag, Inc., which manufactures standard and customized power supplies.

Milwaukee is part of a 19-city, $27 million collaboration announced by the National Fair Housing Alliance (NFHA) and Wells Fargo Bank, that will provide funds to foster homeownership, assist with rebuilding minority neighborhoods impacted by the foreclosure crisis, and “promote diverse, inclusive communities.”

Waterstone Financial Inc., the parent company for WaterStone Bank SSB, announced that it will be reorganized, changing from a bank mutual holding company to a fully public stock holding company.