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Green Bay-based Associated Banc-Corp reported second quarter net income of $46.4 million, or 28 cents per share, down from $47.9 million, or 28 cents per share, in the second quarter of 2013.

Glendale-based Johnson Controls Inc. today reported fiscal third quarter net income of $196 million, or 26 cents per share, down significantly from $572 million, or 80 cents per share, in the third quarter of 2013.

An affiliate of Inland Real Estate Income Trust, a real estate investment trust sponsored by Oak Brook, Ill.-based Inland Real Estate Investment Corp., recently purchased a four-building shopping center, anchored by a Pick ‘n Save store, in West Bend for $19.1 million, according to state records.

UMB Fund Services announced that chief executive officer John Zader has retired. Tony Fischer has been promoted to president and Maureen Quill has been promoted to chief operating officer to fill the role.

The Milwaukee Cultural and Entertainment Capital Needs Task Force today conducted a discussion featuring business leaders from Oklahoma City, Denver and Cleveland, who shared insights about how their communities rallied to build public support to build NBA arenas and invest in other cultural and mass transit infrastructure projects.

BizTimes Media’s fourth annual Giving Guide offers southeastern Wisconsin’s business community an outlet to connect with area nonprofit organizations for philanthropic involvement.

Marquette University has received two new $1 million gifts, which marks the completion of a nine-month, $15 million fundraising effort to build a new 40,000 square-foot on-campus residence for its community of Jesuit priests.

The Selig family has gifted $2.5 million to Children's Hospital of Wisconsin, to be used toward the Sojourner Family Peace Center in Milwaukee.

Zachariah’s Acres celebrated the groundbreaking of Zachariah’s Acres Barn on Thursday while also celebrating progress made on Phase I-A of its capital campaign.