First Business

January 17, 2012

Kraft Foods to shed 1,600 jobs; Oscar Mayer HQ stays in Madison

Kraft Foods Inc. announced it will eliminate roughly 1,600 jobs in North America this year as it readies a spinoff while noting that its Oscar Mayer business unit will remain based in Madison.Northfield, Ill.-based Kraft (NYSE: KFT) said the job …
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January 17, 2012

Economist: Housing, Europe could still hinder recovery

The United States economy is projected to grow at a moderate pace of 2.5 percent in 2012, but economic headwinds remain from the weak housing market and Eurozone economic woes, an economist told members of the Wisconsin Bankers Association …
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January 17, 2012

Elm Grove Chocolate Factory opens

The Chocolate Factory Subs & Ice Cream opened its newest restaurant in Elm Grove last week, and business is going well there so far, said Mike Toffler, vice president and general manager.The restaurant at Watertown Plank Road and Elm Grove Road …
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January 16, 2012

Area bankruptcy filings down 7 percent in 2011

Bankruptcy filings in eastern Wisconsin declined by 7 percent in 2011, led by an 11 percent decrease in Chapter 7 filings.The total number of bankruptcy filings in 2011 was 19,102 compared with 20,502 in 2010, according to recently-posted figures …
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January 16, 2012

Superior firm to add 600 jobs

Kestrel Aircraft Corp. will establish its manufacturing and headquarters in Superior, creating up to 600 new jobs. Wisconsin Gov. Scott Walker announced Monday.I am pleased with the aggressive package we have put forth in conjunction with strong …
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January 16, 2012

Bankers: Wisconsin's economy improving slowly

Most Wisconsin bank executives believe the states economy has hit the bottom of the recession and that improvement is coming, albeit slowly, according to a new survey by the Wisconsin Bankers Association.Eighty-six percent of the 144 executives who …
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January 16, 2012

AECOM moving 90 jobs to Schlitz Park in Milwaukee

AECOM Technology Corp. in July will move 90 workers to Schlitz Park from two other Milwaukee locations after leasing 21,000 square feet in the downtown office complex.Schlitz Park, located across the Milwaukee River from the Park East Corridor, is …
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January 16, 2012

Slideshow: NFL playoffs come to Green Bay

More than 72,000 fans packed Lambeau Field Sunday to see the Green Bay Packers host the teams first playoff game since January 2008.Unfortunately, the New York Giants ruined the party by beating the Packers 37-20 in the Divisional Playoff Game.But …
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January 15, 2012

Murphy: Home Packers playoff game good for business

When the Green Bay Packers won the Super Bowl last year, they did it by winning three straight playoff games on the road.But this year, the team began its playoff run Sunday at Lambeau Field against the New York Giants, which should provide a nice …
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January 13, 2012

Southridge updates stance on bus service

The owner of Southridge Mall, Simon Property Group Inc., appears to have backed off a threat to prohibit buses from operating on mall property.In a statement sent to WITI-TV Fox 6 Friday, Simon spokesman Les Morris said he doesn't expect bus service …
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January 13, 2012

Milwaukee County considers seeking damages over O'Donnell incident

An up to $50,000 contract is proposed for Whyte, Hirschboeck Dudek SC to represent Milwaukee County when the government files claims seeking damages over the incident at the ODonnell Park parking structure that killed one person and injured others.A …
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January 13, 2012

Krause, Sports Channel 32 gain momentum

Fridays Sports32 Roundtable generates a heated discussion between guests Dan Needles and Drew Olson about whether retired steroid-era Major League Baseball Players should be inducted into the Baseball Hall of Fame.Host Dennis Krause moderates in his …
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