Industries

Imagine you have been appointed king of Milwaukee for a day. You hold all the chips, you press all the buttons and you pull all the levers. And you are a commercial real estate developer.

Imagine you have been appointed king of Milwaukee for a day. You hold all the chips, you press all the buttons and you pull all the levers. And you are a commercial real estate developer.

I experienced the joy of a doctor's waiting room this past week. After waiting 29 minutes, I asked the staff behind the glass what was up. With striking disdain and apathy, a grim woman told me, "The doctor is running behind." No kidding.

Koss Corp. reported fiscal fourth quarter net income of $931,891, or 13 cents per share, down from $1.8 million, or 24 cents per share, a year ago.

Cincinnati-based Pro Mach Inc. announced it has acquired Federal Manufacturing Co. of Milwaukee.

Milwaukee-based Northwestern Mutual Insurance Co. Inc., a leading provider of financial security planning and solutions, announced that sales of its risk products are up substantially year-to-date.

In its last forecast before the November elections, the nonpartisan Congressional Budget Office (CBO) predicted that the U.S. economy would experience a recession in 2013 if Congress decides to go off “the fiscal cliff” and allows scheduled tax increases and spending cuts to take effect in January.

BMO Financial Group announced a financial relief program to assist customers affected by dry conditions throughout much of North America, including Wisconsin.

Milwaukee M&A advisory firm Cleary Gull has completed the sale of Hi-Tech Manufacturing LLC to May River Capital LLC.

The Federal Reserve Bank of Chicago’s Midwest Economy Index declined in July to -0.10, down from +0.22 in June. This is the first time in nine months the index, which indicates Midwest growth, has dipped to below average.