February 29, 2012

Hewlett-Packard plans to cut up to 157 jobs in state

Hewlett-Packard Co. plans to slash as many as 157 jobs at its locations in Madison and Milwaukee between April and August, the company said in a mass layoff notice filed with the Wisconsin Department of Workforce Development late Wednesday.As many …
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February 29, 2012

Curto plans mid-year construction start on Park East Square apartments

Illinois Developer Rich Curto has told county officials that he closed a deal to partner with a Milwaukee developer, likely Wangard Partners Inc., on a planned $20 million Park East Square development with 85 market-rate apartments.Curto in 2007 …
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February 29, 2012

Milwaukee Electric Tool to build huge warehouse in Miss.

Milwaukee Electric Tool Corp., a manufacturer of heavy-duty portable electric power tools and accessories, is planning to construct a new, larger distribution center in Olive Branch, Miss.The Brookfield-based company will invest $8 million in the …
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February 29, 2012

Could UWM buy the U.S. Cellular Arena?

The athletic director at a school in UW-Milwaukees conference has tweeted that UWMs study for a new basketball arena entails either buying the U.S. Cellular Arena or constructing a $60 million arena on campus.The tweet came from Keri Gaither, the …
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February 29, 2012

Bucks and Brewers stick with private charters

The Milwaukee Bucks and the Milwaukee Brewers remain committed to deals with private air charter services as the state of the regions commercial air service remains in flux.The Bucks and Brewers both had relationships at one time with Midwest …
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February 29, 2012

Pastor charged with stealing from school

A federal grand jury has indicted Gregory Goner, of Franklin, with various counts of theft and fraud after he allegedly took money from Excel Academy, a Milwaukee choice school.Goner, 40, is a pastor at Spirit Governed Baptist Church, 3223 W. Lloyd …
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February 29, 2012

FDIC lifts order on Ridgestone Bank

The Federal Deposit Insurance Corp. has terminated a regulatory order to improve finances at Ridgestone Bank of Brookfield.The FDIC lifted the consent order without explanation and disclosed the action on its website this week. The order had been in …
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February 29, 2012

Local manufacturing grew at stable pace in February

Milwaukee-area manufacturing grew at a rate in February similar to the previous month, according to a new report from the Institute of Supply Managements Milwaukee chapter.The institutes Milwaukee-area index for February stood at 58.6, compared with …
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February 29, 2012

Frank Lloyd Wright Foundation to install solar power at Taliesin West

The Frank Lloyd Wright Foundation will be installing a 250-kilowatt solar system at Taliesin West through partnerships with First Solar Inc. and Big Green Zero, a sustainable energy development company.The work will be done while keeping the …
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February 28, 2012

Acquisition boosts Weyco sales, earnings

Weyco Group Inc. reported increased sales and earnings for its fourth quarter and full year 2011, mostly because of its 2011 acquisition of Combs Co.Weyco (Nasdaq: WEYS), Glendale, reported sales of $75 million for the quarter ending Dec. 31, a 20 …
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February 28, 2012

Macy's offers sneak peek at new store

Anyone who has driven past the south end of Southridge Mall in Greendale lately has surely noticed the new Macys store is almost done.The store brings a contemporary design to one end of the 40-year-old mall and fills a space that had been a …
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February 28, 2012

Wisconsin banks show improvement in 2011

Wisconsin banks overall continued to show improved results as 2011 drew to a close, according to figures released Tuesday by the Federal Deposit Insurance Corp.The FDIC said net income for Wisconsin banks as a group increased to $532 million as of …
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