First Business

May 07, 2012

Republic Airways closes Milwaukee flight crew base

Republic Airways Holdings Inc., parent company of Frontier Airlines, has shut down its Milwaukee flight crew base and assigned 166 pilots and flight attendants to other bases.The Milwaukee-based Republic crews did flying for Frontier Express, …
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May 07, 2012

Abbott Labs in $1.5B settlement over Depakote

Abbott Laboratories has pleaded guilty and will pay $1.5 billion to the U.S. Department of Justice and 46 state attorneys general to settle illegal marketing allegations brought to light by a whistleblower from Atlanta.Under the settlement, Abbott …
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May 07, 2012

Mike Darrow named president of Russ Darrow Group

The Russ Darrow Group has named executive vice president Mike Darrow as president and chief operating officer of the Menomonee Falls-based automotive dealership company.Darrow assumes responsibility for the daily management of all aspects of the new …
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May 07, 2012

Bank Mutual looking to buy, not sell

Bank Mutual Corp. is not for sale in fact, its executives are seeking acquisitions.The possibility of acquisitions was included in managements prepared remarks at Brown Deer-based Bank Mutuals (NASDAQ: BKMU) annual shareholders meeting Monday. The …
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May 07, 2012

Two companies seek support to buy Milwaukee buildings

Spanish manufacturer SIC Lazaro is requesting a $1.2 million loan from the Milwaukee Economic Development Corp. to buy a building on Teutonia Avenue for its North American operations.The company produces counterweights for cranes and elevators. In …
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May 07, 2012

Braun, Rodgers team up for Brookfield restaurant 8*twelve

Wisconsin sports stars Ryan Braun of the Milwaukee Brewers and Aaron Rodgers of the Green Bay Packers will open a new restaurant this month called 8*twelve in the former Charro restaurant location in Brookfield.The restaurant at 17800 W. Blue Mound …
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May 07, 2012

Does Caterpillar have a problem in China?

Caterpillar Inc. executives have been chasing market share in China recently and the heavy equipment maker is planning to expand its operations in that country even further by building several new factories there.But a new article in Forbes …
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May 07, 2012

Pro treadmill manufacturer considers new Pewaukee building

International treadmill manufacturer Woodway USA Inc. and Kenrich Industrial Inc. may build a 50,000-square-foot or larger plant in Pewaukee to house both companies headquarters and accommodate future growth. Read about it in reporter Sean Ryan's …
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May 07, 2012

Slideshow: This week in photos — May 4

To give our readers a chance to further see our subjects and their businesses, we recently started to run a slideshow of additional photos from this weeks issue of The Business Journal. This week's feature includes photos from our May 4 …
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May 07, 2012

Forbes, Northwestern Mutual CEO talk economy, investing

Even though there are a number of problems facing the U.S. economy, Steve Forbes, chairman and editor-in-chief of Forbes Media, and Northwestern Mutual CEO John Schlifske are both optimistic about the U.S.
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May 07, 2012

UWEC construction, demolition projects disrupt campus life

Nearly $100 million in construction projects on the University of Wisconsin-Eau Claire campus will begin disrupting campus activities in the coming months.
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May 07, 2012

Sale of Great Wolf Resorts to Apollo approved

Seventy-six percent of the shares of Great Wolf Resorts Inc. have been tendered in favor of a buyout proposal from Apollo Global Management, a New York City investment firm that had been engaged in a bidding war for the Madison-based indoor water …
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