Ideas
Rockwell acquires Chinese manufacturer
Milwaukee-based Rockwell Automation Inc. announced it has completed the acquisition of the medium voltage drives business of Harbin Jiuzhou Electric Co. Ltd.
Richfield surveying companies merge
Continental Surveying Services LLC has acquired Elder Engineering in a transaction that merges the two Richfield-based companies.
Quad/Graphics makes bid to acquire bankrupt Maryland company
Sussex-based Quad/Graphics Inc. has signed an agreement to acquire substantially all of the assets of Vertis Holdings Inc., a Baltimore, Md.-based company that has filed for bankruptcy, for $258.5 million.
PNC Bank’s net income grows
The PNC Financial Services Group Inc., the Pittsburgh-based parent company of PNC Bank, which has branches in the Milwaukee market, today reported third quarter net income of $925 million, or $1.64 per share, up from $834 million, or $1.55 per share, for the same period a year ago.
Icahn to make unsolicited takeover bid for Oshkosh Corp.
Billionaire investor Carl Icahn announced he plans to make an unsolicited takeover bid to acquire Oshkosh Corp. for almost $3 billion.
BizStarts Milwaukee receives federal grant extension
BizStarts Milwaukee has received a grant extension for $718,000 from the U.S. Economic Development Administration to help grow start-up companies in the M-7 region.
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Small business lending up at Wisconsin banks
Wisconsin banks that have received capital from the federal Small Business Lending Fund have increased small business lending by $109.2 million over their baselines, according to the U.S. Department of the Treasury.
State to put $108M in rainy day fund
The Wisconsin Department of Administration announced Monday it will deposit $108.7 million in the state’s rainy day fund, the largest amount ever allotted to the fund. The deposit will bring the fund balance to $125.4 million.
Business confidence cools for 4th quarter
Business confidence in future growth prospects turned downward in 2012's fourth quarter, according to the latest Business Outlook Survey conducted by the Metropolitan Milwaukee Association of Commerce.
Coach your employees
Over the past few weeks, I've worked with several senior leaders who are trying to overcome their natural tendency to over direct their employees. They realized they were trying to help their direct reports by solving their problems for them. Once they realized how undermining their actions were, they started working on being better coaches, who held their managers accountable, rather than doing their jobs for them.
