Banking & Finance

Johnson Bank names new Milwaukee president

Racine-based Johnson Bank has named Gus Hernandez president of the Milwaukee metropolitan market.

Money events

SVA Certified Public Accountants will host “Do You Know All You Need to About Utilizing Endowments? A Guide to...

Emory & Co. sells interest in Discount Ramps

Milwaukee-based investment banking firm Emory & Co. has sold a majority interest in West Bend-based Discount Ramps LLC to Washington, D.C.-based private equity firm Rotunda Capital Partners.

Increase in minimum wage will hurt workers

Editor’s note: Brett Healy, president of the John K. MacIver Institute for Public Policy, released the following statement after Rep. Cory Mason (D-Racine), Sen. Bob Wirch (D-Pleasant Prairie), Sen. Nikiya Harris (D-Milwaukee) and Rep. Eric Gengrich (D-Green Bay) announced support for a $10.10 minimum wage.

A minimum wage hike we can all embrace

Back in the 1970s, 25 percent of the American workforce counted on a union card to guarantee their household a place in the middle class. Blame technology, globalization or even the oil embargo, but union membership has declined as the service economy evolved. Now, standing between American households and a middle class lifestyle is a college diploma, yet only 30 percent of 25- to 34-year-olds have a bachelor's degree.

Oldenburg purchases Gen Mach

Oldenburg Metal Technologies Inc. has purchased Gen Mach Tooling in Saukville.
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Johnson Controls sells automotive electronics business

Glendale-based Johnson Controls Inc. has agreed to sell its automotive electronics business to Visteon Corp. for $265 million.

Johnson Bank names new president

Racine-based Johnson Bank has named Gus Hernandez president of the Milwaukee metropolitan market.

Advicent hires new CEO

Advicent Solutions has hired Phil Cunningham as chief executive officer.

Report says Northwestern Mutual exploring sale of Russell Investments

Milwaukee-based Northwestern Mutual Life Insurance Co. Inc. is exploring a possible sale of its Russell Investments asset management business, according to a report today by Reuters.

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