Ideas
DNC’s date change creates logistical challenge
Many in Milwaukee breathed a sigh of relief on Thursday when the DNC announced its 2020 convention will still take place here this summer, but organizers and local entities are now faced with the logistics of rescheduling a major event as the ongoing COVID-19 coronavirus pandemic and subsequent economic crisis persists.Â
Silicon Pastures among network to invest $500,000 in battery startup
A network of Wisconsin angel investors including Silicon Pastures , Lancaster Investments and Grey Collar Ventures invested $500,000 in Whitewater-based startup Blue Line Battery.
Gener8tor raises $11.1 million for venture investing
Wisconsin startup accelerator program gener8tor and its venture capital fund raised $11.1 million of a $15 million fundraising target for its seventh venture fund, according to a U.S. Securities and Exchange Commission filing.
Quad/Graphics cutting pay, suspending production at some facilities
Sussex-based Quad/Graphics Inc. has joined the growing number of companies implementing pay cuts and reduced production in response to the coronavirus and economic challenges created by efforts to curtail its spread.
Landlords facing loss of rental income in wake of COVID-19, working with with tenants
Most real estate professionals expect at least some of their tenants to seek rent reduction or relief this month due to the COVID-19 outbreak and are likewise employing a number of strategies to work with them on the issue.
American Family Insurance pledges $4 million to COVID-19 relief, nonprofits
The American Family Insurance group this week pledged more than $4 million to support COVID-19 pandemic relief and other nonprofit efforts.Â
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Lakeland University awarded $35 million federal loan to build new dorms, refinance debt
Lakeland University has received a $35.4 million federal loan to fund the construction of two new residence halls and refinance its existing long-term debt.Â
Versiti to collect plasma from recovered COVID-19 patients for potential treatment
Wauwatosa-based Versiti, Inc. will soon begin collecting plasma from recovered COVID-19 patients to potentially treat those with the virus.
Jason Industries cuts exec salaries 25% along with wage reduction and furloughs
Milwaukee-based Jason Industries Inc. is cutting the base salaries of six top executives by 25% from April 1 to June 30, according to a securities filing made Wednesday.
Dohmen acquires Madison-based online marketplace for local food producers, buyers
Milwaukee-based Dohmen has acquired FoodChain, an online marketplace and logistics company founded by University of Wisconsin-Madison alumni.