Industries

The U.S. economy sped up in the third quarter, as the gross domestic product grew at a 2 percent clip from July through September, up from 1.3 percent in the second quarter, according to the Commerce Department.

First Business Financial Services Inc., the parent company of First Business Bank and First Business Bank-Milwaukee, reported record third quarter results highlighted by growth in revenue, in-market deposits, commercial loan balances and problem loan resolutions.

Grand Rapids, Mich.-based Meijer Inc., which plans to build several big-box stores in southeastern Wisconsin, has acquired the Supervalu Midwest Distribution Facility in Pleasant Prairie, village officials announced today.

Milwaukee’s commercial real estate professionals are becoming increasingly frustrated by the lack of progress in the redevelopment of the Park East Corridor, according to a new BizTimes survey of members of the Commercial Association of Realtors Wisconsin (CARW).

Today is the final day to register for the BizTimes Commercial Real Estate & Development Conference, which will take place Thursday, Nov. 1, from 7:30 to 9:30 a.m. at the Potawatomi Bingo Casino in Milwaukee.

The U.S. economy has been slow to recover, unemployment remains high, the federal government's credit rating has been downgraded and some still fear the economy could slip back into a recession as more uncertainty looms in world markets because of the impending European debt crisis.

Real estate investment trust analysts say REITs are a good piece of a diversified investment portfolio, but some types of REITs appear poised to perform better than others.

Jannsen + Company, an accounting and business resources firm based in Pewaukee, has forged a partnership with the Milwaukee Admirals Hockey Club as part of its growing initiative to coach athletes in wealth management and tax obligations.