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Wisconsin’s ‘skills gap’ is a fallacy

There is apparent unanimity among Wisconsin business executives and policymakers that the state faces a "skills gap:" thousands of jobs going unfilled because too few Wisconsin workers possess the skills, education, and training for them. This skills mismatch, it is argued, is the central reason why unemployment remains high, even as job vacancies remain unfilled.

Assisted Living Concepts to be acquired

Global private investment firm TPG has entered a definitive agreement to acquire Menomonee Falls-based Assisted Living Concepts Inc.

BMO earnings dip in Q1

Canadian BMO Harris Bank parent BMO Financial Group today reported first quarter net income of $1,048 million (Canadian) on a reported basis, down five percent from $1,198 million a year ago.

BizTimes accepts nominations for business awards

Bold, dynamic and innovative companies and corporate leaders are invited to be nominated for the 2013 Bravo! Entrepreneur and IQ (Innovation Quotient) Awards.

County seeks to return unclaimed funds

Milwaukee County Treasurer Dan Diliberti is asking for the assistance of county residents to help locate the owners of more than $2 million in unclaimed funds.

Brady Corp. announces reorganization

Milwaukee-based Brady Corp. announced a net loss of $8.7 million for its fiscal second quarter, an improvement from a $90 million net loss from the previous fiscal second quarter.

U.S. Bank donates $611,000 to United Way of Greater Milwaukee

Minneapolis-based U.S. Bancorp announced that it donated more than $611,000 to United Way of Greater Milwaukee's 2012 fundraising campaign through employee contributions and corporate gifts.

Bank Mutual CEO to retire

Michael Crowley Jr., chairman and CEO of Brown Deer-based Bank Mutual Corp., has informed the company's board of directors he will retire on July 1.
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Wisconsin bank income increases

Wisconsin banks reported net income of $839 million in the fourth quarter of 2012, up dramatically from $488 million in fourth quarter 2011, according to the Federal Deposit Insurance Corp.’s Quarterly Banking Profile today.

BizTimes Money: Assisted Living Concepts to be acquired by TPG

Menomonee Falls-based Assisted Living Concepts Inc. announced today that it has entered into an agreement to be acquired by private investment firm TPG.

BMO earnings dip in 1st quarter

BMO Harris Bank parent company BMO Financial Group today reported first quarter net income of $1.0 billion (Canadian) on a reported basis, down 5 percent from $1.2 billion a year ago.

Von Rothenburg Bier Stube reopens

Von Rothenburg Bier Stude, located in Germantown for nearly 20 years, has been reopened this week by new owner Chaz Hastings.

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