Industries

City Hall Square Apt. sold for $12.15 million

An investors group including Milwaukee real estate investor and developer Mike Olson, Milwaukee-based Edgewater Real Estate LLC and other investors, recently closed on a purchase of the two-building City Hall Square Apartments complex in downtown Milwaukee.

SABMiller subsidiary to restore Australian beer

Carlton & United Breweries (CUB) confirmed today that Australia’s Victoria Bitter beer will return to its original full strength and full flavor in October.

Auto sales soared in August

Domestic car sales jumped in August as the “Big Three” U.S. automakers each reported better-than-expected numbers in what is shaping up to be one of the best months in years.

Back-to-school sales propel retailers

A surge of back-to-school sales helped most U.S. retailers ring their cash registers in August, according to the latest monthly totals.

National home prices surge again

U.S. home prices rose for a second month in June, according to the S&P/Case-Shiller Index, which showed the strongest back-to-back monthly advance in the more than decade-long history of the price gauge.

BMO Financial Group reports robust quarter

BMO Financial Group, the Toronto-based parent company of BMO Harris Bank, reported third quarter net income of $970 million (Canadian), up 37 percent from the same period a year ago.
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Joy Global forecasts ‘sluggish’ recovery

Joy Global Inc. reported third quarter net income of $193.6 million, or $1.81 per share, up from $173.1 million, or $1.62 per share, in the same period a year ago.

New hires and promotions

Mary Kay Merkt has been named senior vice president, director of vendor management and procurement at Johnson Financial Group...

Journal acquires Tenn. station

Journal Broadcast Group, a subsidiary of Milwaukee news company Journal Communications Inc., has announced it will acquire WTVF NewsChannel 5 Network in Nashville, Tenn.

Does Ryan really want employers out of health care?

Republican vice presidential nominee Paul Ryan should be careful what he asks for when it comes to taking employers in the private sector out of managing health care.

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