Latest News
Office retailers’ merger announcement may be premature
The merger between Office Depot Inc. and OfficeMax Inc. announced this morning in Office Depot's fourth-quarter earnings report may have been premature, according to a report in The New York Times.
Meyer’s Family Restaurant to pay back wages
Meyer’s Family Restaurant in Greenfield has agreed to pay $116,102 in back wages to 38 employees following an investigation by the U.S. Department of Labor’s Wage and Hour Division that disclosed violations of the Fair Labor Standards Act’s overtime pay and record-keeping provisions.
Aurora receives $500,000 for cardiac research
An anonymous donor has given the Aurora Health Care Foundation $500,000 to expand cardiac research at Aurora St. Luke’s Medical Center in Milwaukee.
NBA imposes new security screens for all fans
Effective with tonight’s game against the Brooklyn Nets and all of the Milwaukee Bucks’ games hereafter, the NBA is requiring that all fans entering the BMO Harris Bradley Center will be screened and wanded by security staff.
Bukacek plots move to Oak Creek
Racine-based Bukacek Construction is working on plans to move its corporate headquarters from Racine to the Drexel Town Square development in Oak Creek, chief executive officer Gregg Thompson said.
Change how transportation is funded
R.E.M initially released their single “It's the End of the World as We Know It (And I Feel Fine)” in 1987. The refrain line has since become part of our nomenclature for describing various seismic shifts in our world. When it comes to transportation, this expression is extremely apropos in 2013 – thanks to a lot of innovators – some from Wisconsin.
Walker allocates $25 million for capital initiatives
Gov. Scott Walker on Monday announced his two-year budget will provide $25 million for use on investment capital initiatives.
Marquette wins ACG Cup
The student team representing Marquette University’s Graduate School of Management took the prize at the Association for Corporate Growth’s recent ACG Cup competition.
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BizTimes cover story: A.O. Smith has growth in the pipeline
Milwaukee-based A.O. Smith Corp. has about $800 million to invest in water technology acquisitions and is poised for growth in 2013.
Reader’s Digest files for bankruptcy
RDA Holding Co., publisher of the 91-year-old Reader's Digest magazine and parent company of Greendale-based Reiman Publications, has filed for bankruptcy to cut $465 million in debt and focus on North American operations as consumers shift from print to electronic media.
Community Bank & Trust caps record year
Anthony Jovanovich, chairman and chief executive officer of Community Banc-Corp. of Sheboygan Inc., announced that Community Bank & Trust posted record earnings of $5.0 million for 2012.
Mortgagebot to move HQ to different Mequon location
Mequon-based Mortgagebot LLC plans to move its headquarters from 1000 W. Donges Bay Road in Mequon 2.5 miles north to a 40,000-square-foot space in the East Mequon Corporate Center V building at 12080 N. Corporate Parkway in Mequon.