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WEDC expecting return on new Foxconn deal by 2028

Foxconn Technology Group’s new deal with the state of Wisconsin would generate a return on investment by 2028 if the company hits its hiring and investment targets, according to a Wisconsin Economic Development Corp. staff review of the contract.

Wisconsin DSPS secretary wants to ease restrictions on mass timber construction

The head of the state agency charged with licensing professionals and enforcing commercial building codes wants to make it easier for mass timber buildings to rise in Wisconsin.

Wisconsin unemployment claims trending in opposite direction of the U.S.

Initial unemployment claims in Wisconsin have averaged a nearly 12.6% weekly increase for the last four weeks, the worst four-week stretch for the state since April 2020, according to data from the U.S. Department of Labor.

SBA offering free webinars on Restaurant Revitalization Fund

The U.S. Small Business Administration announced Thursday that it will offer free webinars for businesses looking for additional guidance on applying to the Restaurant Revitalization Fund. 
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Viewpoints: Wisconsin’s economy would benefit from railroad merger

In March, Canadian Pacific (CP) and Kansas City Southern (KCS) railroads announced a merger, which CP said would bring about an “industrial renaissance” and “growth across the industrial heartland.”

More than half of Foxconn jobs expected to be with Foxconn Industrial Internet under new deal

More than half of the jobs Foxconn and its related entities committed to creating in a new tax incentive deal with the state of Wisconsin are expected to be with Foxconn Industrial Internet’s U.S. subsidiary.

Fiveable receives funding from tennis superstar Serena Williams

Tennis superstar Serena Williams invested in Milwaukee-based startup Fiveable through Serena Ventures, a venture fund that Williams founded in 2014.

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