Wealth Management
Report: Biohealth industry had $32 billion impact on Wisconsin’s economy in 2021
BioForward Wisconsin’s 2022 Industry Landscape and Economic Impact Report shows the state’s biohealth sector is growing, providing continued economic benefits during a time of uncertainty for most businesses.
WEC Energy Group increasing renewable investment by $1.9 billion
Milwaukee-based WEC Energy Group’s capital investment plan for the next five years includes an additional $1.9 billion in spending on renewable energy in comparison to the current five-year investment plan.
Federal Home Loan Bank of Chicago to help finance $20.6 million in affordable housing projects in Illinois and Wisconsin
The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced that it has granted $20.6 million via its Affordable Housing Program (AHP) General Fund to help finance 35 housing projects in Illinois and Wisconsin.
Southeastern Wisconsin manufacturing returned to downward trend in October
After showing signs of growth in September, the southeastern Wisconsin manufacturing sector returned to a downward trend in October as companies saw customers pull back on orders and payments, according to the latest Marquette-ISM Report on Manufacturing.
Wisconsin gets middle of the pack ranking for state business tax climate
Wisconsin ranks 27th for business tax competitiveness, according to the Washington, D.C.-based Tax Foundation’s 2023 State Business Tax Climate Index.
Northwestern Mutual to pay $6.8 billion in dividends in 2023
Milwaukee-based Northwestern Mutual plans to once again pay out a record amount in dividends next year with policy holders set to receive $6.8 billion, the company announced Wednesday.
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Geneva Lake estate sold for $16.5 million
A 19-acre estate on the shore of Geneva Lake has been sold for $16.5 million, according to state records.
Wisconsin added 14,400 private sector jobs in September despite shrinking labor force
Wisconsin added 14,400 private sector jobs in September, even as the state's labor force participation rate dropped by 0.3 percentage points for the second straight month.
Generac cuts its guidance for the year by $560 million but says customer demand is still strong
Generac Holdings Inc. has cut its full year guidance for 2022 by roughly $560 million as its production of home standby generators has outpaced installation capacity.
Mount Pleasant home designed by Frank Lloyd Wright for member of Johnson family has been sold
A Mount Pleasant home designed by famed architect Frank Lloyd Wright for Karen Johnson Boyd, of the S.C. Johnson Family, has sold to a limited liability company for $1,025,000.