(WisBusiness) FRI News Summary — 22 May 2009

FRI WisBusiness News Summary
22 May 2009
Exclusively for WisBusiness Subscribers



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From WisBusiness.com …

— A state labor economist says the uptick in jobs the state saw in April was pretty typical for this time of year.

Wisconsin’s unemployment rate dropped 0.6 percentage points in April to 8.8 percent. Though down from 9.4 percent in March, that’s still 4.6 percentage points higher than the rate for April 2008.

The national rate for April was 8.6 percent.

The April survey of households found 17,300 more employed than in March.

State labor economist Eric Grasso said Wisconsin typically sees an uptick in employment between March and April as warm-weather industries begin to hire people in anticipation of the summer months.

— Come to a June 10 forum to hear major decision-makers debate the future of passenger rail, highway expansion, the port of Milwaukee and Mitchell Field in light of stressed state and local budgets and commuters’ continuing search for the best way to get to work.

The WisPolitics.com/WisBusiness.com forum, which will take place on June 10 at Discovery World in Milwaukee, begins at 7:30 a.m. and ends at 9 a.m. Breakfast begins at 7:15 a.m.

The event is open to the public, and the price is $30 per person. But WisPolitics.com and WisBusiness.com subscribers, the UW-Milwaukee community, and members of MMAC and Discovery World will be able to attend for $20 per person. The price includes the breakfast buffet but not parking.

Call Debra Jordan (414) 287-4127 or e-mail djordan@mmac.org to register.

— The Tommy Bartlett Water-skiers will hit the jumps tonight in their debut performance on a newly refilled Lake Delton. The 2009 summer show run kicks of with its traditional 8:30 p.m. performance along the shores of Bartlett Bay. Visitors can purchase tickets at the gate or call (608) 254-2525 to reserve a seat in advance. More information is also available online at http://www.tommybartlett.com.

In celebration of the lake’s return, the Tommy Bartlett Show will perform free for audiences at both their 4:30 and 8:30 p.m. shows on June 9, the one-year anniversary of the lake breach. Local leaders are planning a day-long celebration and media opportunities that day, including a news conference with Gov. Jim Doyle at 11 a.m.

TOP STORIES
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U.S. Securities and Exchange Commission freezes assets at Greenville’s Wealth Management: An estimated 200 investors who entrusted millions of retirement dollars and other funds with Greenville-based Wealth Management may find themselves with little or no savings left.
http://postcrescent.com/article/20090522/APC0101/905220520/1979

Oshkosh Corp. wins $28M military contract: Oshkosh Defense, a division of Oshkosh Corp., has been awarded a contract valued at more than $28 million with the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command.
http://www.greenbaypressgazette.com/article/20090522/GPG03/905220588

Don Miller dealerships to restructure; up to 35 jobs to be cut : Ordered by Chrysler Corp. last week to close two of its locations by June 9, Don Miller dealerships in Madison say they will have to end the jobs of up to 35 of their 155 employees, effective June 3.
http://www.madison.com/wsj/home/biz/452122

Wisconsin unemployment rate falls for April: The state’s unemployment rate fell slightly in April, but the number of people out of work rose by more than 140,000 when compared to a year ago.
http://postcrescent.com/article/20090522/APC03/905220517

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VISIT BIZOPINION FOR BUSINESS-RELATED COMMENTARY

See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler:
http://blogs.wisbusiness.com/bizopinion

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TECHNOLOGY (back to top)
– U.S. Cellular gives Appleton teachers $6,000
http://postcrescent.com/article/20090522/APC0101/905220507/1979

– Music Design sold to Allegro Media
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily75.html

ECONOMY (back to top)
– Green Bay Redevelopment Authority approves $267K for stimulus projects
http://www.greenbaypressgazette.com/article/20090521/GPG03/905210575/1247/

– California couple gives $5 million to MU engineering school
http://www.jsonline.com/news/milwaukee/45660292.html

LABOR (back to top)
– GM reaches concessions deal with UAW
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily74.html

INVESTING (back to top)
– Investors in Strong funds still waiting
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/25/story1.html?b=1243224000^1833380

– Fiserv to buy back more shares
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily78.html

REAL ESTATE (back to top)
– Milwaukee County Board approves land sale to UWM
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily79.html

– Business Beat: Plans for Ice Age Trail irk private landowners
http://www.madison.com/tct/news/stories/451897

– City funding for Gas Light renovation wins backing
http://www.jsonline.com/business/45805622.html

AGRIBUSINESS (back to top)
– Pat and Mary Hanrahan use farm to start community garden in Kewaunee
http://www.greenbaypressgazette.com/article/20090522/GPG03/905220584

– Joint Finance Passes Working Lands Initiative
http://www.wisconsinagconnection.com/story-state.php?Id=622&yr=2009

– Wood County Land Swap Could Mean More Cranberry Bogs
http://www.wisconsinagconnection.com/story-state.php?Id=623&yr=2009

TRANSPORTATION (back to top)
– Austin Straubel runway, culvert in line for repair
http://www.greenbaypressgazette.com/article/20090522/GPG03/905220585

– Midwest Airlines will add service with expanded Republic deal
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily76.html

– Two new jets allow Midwest to fly nonstop to West Coast
http://www.jsonline.com/business/45733312.html

RETAIL (back to top)
– Marcus completes North Shore cinema renovation
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily72.html

– S&K Menswear closing all its stores
http://www.madison.com/wsj/home/biz/452106

REGULATION (back to top)
– Liquor licenses on the line for three bars
http://www.madison.com/wsj/topstories/452124

TOURISM (back to top)
– Milwaukee Mile adds Husar’s, Northern Tool as sponsors
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily65.html

– Refilled Lake Delton rejuvenates skiers
http://www.jsonline.com/news/wisconsin/45806447.html

UTILITIES (back to top)
– DNR approves New Berlin water deal
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily73.html

HEALTH CARE (back to top)
– Panel: Private sector has key role in health-care reform
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily77.html

MANAGEMENT (back to top)
– The pied piper of Milwaukee: Meeusen speaks up to get job done
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/25/story2.html?b=1243224000^1833392

BUSINESS COLUMNS (back to top)
– Mick Hager column: Congress has history of failure when it meddles in business
http://www.greenbaypressgazette.com/article/20090519/GPG0703/905190438/1247/GPG03/

PRESS RELEASES (back to top)
· 12 statewide groups: Investment in nuclear power over efficiency and renewable energy endangers taxpayers, ratepayers & public health
· ActionCOACH of Elm Grove: Announces BusinessRICH graduation class
· DWD: April unemployment rates announced
· Gov. Doyle: Signs bill requiring insurers cover cochlear implants, hearing aids for kids
· Hamilton Consulting: Employers agree;: Lawsuit changes hurt Wisconsin
· In Business Magazine: Honors commercial design excellence
· IronClads: Inventor Ben Hobbins and Lake Resources-IronClads™ Soft Bait brands win Popular Science top 10 invention award for 2009
· MGE: Donates electric vehicle for Dane County zoo conservation education
· Midwest Environmental Advocates: Public transportation will bring the most ‘bang’ for the economic stimulus buck
· Office of the Commissioner of Insurance: Attention graduates: Don’t forget about health insurance
· Plantes Company: CNBC “The Call” guest economist forewarns of permanent job losses and lowered profit rates after the recession ends
· Plum Creek: Plants approximately 1 million seedlings on Wisconsin lands
· Quarles & Brady: Partner named a woman of influence
· Tommy Bartlett: Water-ski show opens on “new” Lake Delton Friday Night May 22
· UW-Madison: Dig into Wisconsin’s turfgrass industry on May 30
· UW-Madison: Three candidates recommended for UW-Madison provost
· WDA Foundation: Awards $14,500 in dental and hygiene scholarships
· Wisconsin Angel Network: State angel network investments rose 28 percent in ’08; Doyle cites efforts to build on early stage foundation
· Wisconsin Association for Justice: History and research show insurance in Wisconsin will remain available and affordable
· Wisconsin Bio Industry Alliance: Biodiesel Basics #35: Manitowoc facility produces biodiesel from pig fat
· Wisconsin Farmers Union: Foreclosure prevention bill signed into law with farm amendment
· Wisconsin Restaurant Association: Change in liability law would hurt small business
· Wisconsin Technology Council: Investors from 14 states will visit Madison for ‘09 MidAmerica Healthcare Venture Forum
· Wisconsin Technology Council: ‘Geek Squad’ founder Stephens brings unique story to June 9-10 Entrepreneurs’ Conference

For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82

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