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Milwaukee Biz Blog: Flashback to Groucho Marx’s 1944 visit to Milwaukee

Sixty-nine years ago this month, Groucho Marx visited the Pabst Brewery in Milwaukee. But why?

Marquette receives $8.3 million gift for journalism project

A Minneapolis couple has donated $8.3 million to the Marquette University’s J. William and Mary Diederich College of Communication, Marquette President Scott Pilarz, S.J., announced today.

Walker rejects additional federal funding for Medicaid

Gov. Scott Walker announced today he will reject additional federal Medicaid funding for the state’s BadgerCare program, breaking with other Republican governors who have decided to accept federal money for a Medicaid expansion as offered through President Barack Obama’s Affordable Care Act.

CNN’s alarming naiveté about the nation’s rail system

When you get annoyed with people you tell them to take a hike, or get outta town. In my case, I'd like to tell CNN to take a ride, in particular, a train ride; even more specific, a loooong train ride across America through big cities and small towns. I'd be happy to escort them.

Foundations Bank raises $5 million

Generations Bancorp, Inc., parent of Pewaukee-based Foundations Bank, has raised $5 million in new capital from a shareholder subscription.

Rexnord board may ponder sale of company

Milwaukee-based Rexnord Corp. announced that its board of directors has initiated a review of its strategic alternatives that could include the sale of the company.

Acuity reaches $1 billion milestone

Sheboygan-based Acuity Insurance announced that it has reached the $1 billion revenue mark, generated on premiums written across its 20-state operating territory.

Menasha Packaging expands with capital investment

Menasha Packaging Company LLC's Folding Carton Group is expanding its capabilities with a $6 million capital investment that will enable it to be more flexible and responsive when supporting the brand merchandising objectives of its customers.
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Johnson Bank appoints Hernandez to Milwaukee post

Gus Hernandez Jr. has been appointed senior vice president and commercial banking manager for Johnson Bank's Milwaukee region.

Losses continue at Anchor Bank

Anchor BanCorp Wisconsin Inc., the Madison-based parent company of Anchor Bank, announced a fiscal third quarter net loss of $15.1 million, or 71 cents per share, compared with a net loss of $15.3 million, or 72 cents per share, in the same period a year earlier.

Regal Beloit completes acquisition

Regal Beloit Corp. announced it has completed the acquisition of the RAM motor business previously owned by Schneider Electric.

Banks bullish about Wisconsin’s economy

A great deal of positive chatter about Wisconsin's economy in 2013 is coming out of the state's banking sector.

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