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McDonald’s promotes Thompson to CEO as Skinner retires

Oak Brook, Ill.-based McDonald's Corp. CEO Jim Skinner is retiring and will be succeeded by the company's No. 2 executive, president and chief operating officer Don Thompson.

Kraft snubs Chicago as headquarters site

When Northfield, Ill.-based Kraft Foods Inc. spins off its global snack company later this year, the spinoff will call Deerfield, Ill. home, not Chicago. The food giant also has ruled out Chicago for its North American grocery company.

Solo Cup bought by Dart Container for $1 billion

Lake Forest, Ill.-based Solo Cup Co. announced that it is being purchased by a Michigan-based manufacturer.

Northwest Community lays off 104 workers

Arlington Heights, Ill.-based Northwest Community Healthcare laid off 104 employees this week after the system lost $13.2 million on operations in 2011, the third-straight year of losses.

Real Estate Blog: Architect says it’s Walker’s Point, not “Fifth Ward”

I received an interesting email yesterday from Ursula Twombly, co-founder and principal of Continuum Architects + Planners in Milwaukee's Walker's Point neighborhood.

Commentary: Housing is still ‘shadowed’ by supply

Home demand took a step forward in February. But oversupply remains a problem, says Kathleen Madigan of Dow Jones Newswires.

Bank of America Merrill Lynch says housing market just hit bottom

Housing prices are bottoming now, though the recovery "will not begin in earnest until 2014," according to a Bank of America Merrill Lynch report released Thursday.

Small Businesses have a stake in Affordable Care Act

Some of us are wishing Happy Two Year Birthday this week to the Affordable Care Act. Some of us...
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Employee files class action lawsuit against beer distributor

A beer merchandiser for Beer Capitol Distributing Inc. filed a federal class action lawsuit against the Sussex company, alleging that the firm failed to make required overtime payments to its workers.

BizTimes Morning Headlines: Clintonville hires engineers to investigate booms

The City of Clintonville has hired Ruekert & Mielke Inc., a Waukesha engineering firm, to find identify the causes of the mysterious loud booms that have been rocking the city for the past few nights.

Milwaukee Biz Blog: Small businesses have a stake in Affordable Care Act

An informational forum to help southeastern Wisconsin small businesses understand the ramifications of the Affordable Care Act will take place on Sunday in Shorewood.

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