Banking & Finance
Milwaukee Water Council lands $500,000 grant
The Milwaukee Water Council was awarded a $500,000 grant from the U.S. Department of Commerce through the Economic Development Administration’s Jobs and Innovation Accelerator Challenge.
North Carolina firm acquires Midwest Alchemist
Swisher Hygiene Inc. a Charlotte, N.C.-based provider of essential hygiene and sanitation products and services, announced it has acquired the assets and certain liabilities of LTD of Wisconsin Inc., which does business as Midwest Alchemist in Brown Deer.
Storms fuel more sales for Generac
Generac Holdings Inc. reported that widespread power outages caused by severe weather throughout the Midwest and the East Coast are creating increased sales for its backup power generators.
Local employers forecast strong 4th quarter
Although the stock market has rocked investors’ confidence in the past week, employers in Wisconsin and Illinois are remarkably confident about their own prospects for the fourth quarter, according to the latest QPS Employment Forecasting Survey.
Tax incentives could benefit employers
Some of the tax related provisions of President Barack Obama’s proposed American Jobs Act of 2011 could encourage employers to stimulate the economy.
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Ohio staffing company acquires Eagle Technology Group
The Reserves Network, a Fairview Park, Ohio-based staffing service for the office, industrial, professional and technical markets, has acquired Eagle Technology Group of Milwaukee.
National poverty rate rises again
The nation's official poverty rate in 2010 was 15.1 percent, up from 14.3 percent in 2009 and the highest since 1993, the U.S. Census Bureau reported.
Northern Trust plans job cuts
Chicago-based Northern Trust Corp. will unveil early next year the details of cost-cutting plan that is likely to includes significant layoffs, according to a report by Crain’s Chicago Business.
