More than a year after foreclosing on a 14-acre development site in Northbrook, a Texas bank is in talks to sell the property to a local venture that wants to build apartments and retail there.

Gov. Pat Quinn today vetoed a major gambling expansion plan that would have allowed five new casinos, including one in Chicago.

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.

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

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

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.

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.

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

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.

Scott Haen has been hired as assistant vice president-branch manager at Johnson Bank’s downtown and Whitefish Bay offices. He...

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.

The Federal Reserve Bank of Chicago announced today its Chicago Fed Midwest Manufacturing Index increased 1.8 percent to a seasonally adjusted 95.6 in July.