Industries
Marcus Corp. drives higher profit on strong summer movie lineup
Milwaukee-based The Marcus Corp. today reported fiscal 2016 first quarter net income of $14.5 million, or 53 cents per share, up from $12.3 million or 45 cents per share, in the first quarter of 2015.
MADISON- The downside of keeping interest rates so low for so long
The last time the Federal Reserve raised interest rates, it was summer of 2006 — back when Shakira was topping the music charts, Barry Bonds was breaking home run records and the housing bubble was still inflating.That's quite a while ago.That could change if the Fed were to end its two-day meeting today by announcing a rate increase.
Second city panel backs TIF funds for arena project
The Milwaukee Common Council's Finance & Personnel Committee today endorsed plans to provide $47 million in tax incremental financing for the new arena project in downtown Milwaukee for the Milwaukee Bucks.
Milwaukee County Zoo building new elephant exhibit to meet standards
Ruth and Brittany could soon have a new home. Milwaukee County has issued a request for proposal for a new $10-$15 million African Elephant exhibit at the Milwaukee County Zoo, after some questions have been raised about the environment the animals are being kept in.
Kohl’s to hire more than 69,000 seasonal associates over holidays
Menomonee Falls-based Kohl's Corporation will beef up its holiday staff with more than 69,000 seasonal employees, up from the 67,000 seasonal workers it hired to fill last year's holiday retail demands.
WCREW Annual Awards to be presented on Oct. 29
The Wisconsin Commercial Real Estate Women’s (WCREW) 15th Annual Showcase Awards will be held Oct. 29 to honor the industry’s professional excellence.
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Remodeled Mayfair Mall Boston Store reopens
The Bon-Ton Stores Inc. has completed a remodel of its Boston Store at Mayfair Mall in Wauwatosa, and reopened the store today.
San Diego investor purchases parking lot near Bucks arena site
San Diego-based investor MVP REIT Inc. has purchased a downtown parking lot at 1120 N. Old World 3rd Street for $4.1 million.
55-home subdivision planned for Merton
Menomonee Falls developers Herb and Peter Gross have purchased 68-acres of land in the Village of Merton to develop a 55-single family home subdivision at the northwest corner of Highway VV and Lake Five Road.
Novozymes Bioag expanding company
Novozymes Bioag, Inc. , a Milwaukee-based storage company, will expand its facility by 30,700-square-feet at its current location at 4801 Woolworth Ave.