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— Business groups are calling the state’s new $62 billion budget a “mixed bag.” Agricultural organizations say it’s acceptable. Commerce Department and Democratic officials say new tax credits should bring jobs to the state. But one state senator says the two-year spending plan is so foul it may prompt him to move to Texas. See more budget reaction in a new WisBusiness story: — The University of Wisconsin-Madison has announced five faculty-generated research themes for the Wisconsin Institutes for Discovery. The themes include optimization in biology and medicine; health technology design in living environments; and epigenetics, the study of mechanisms that control how and when genes are activated or silenced See more from UW-Madison: TOP STORIES Wis. ranked No. 1 in health care: The federal Agency for Healthcare Research and Quality examined quality indicators for preventive care, immediate care and care for chronic conditions and studied care provided by clinics, hospitals, nursing homes and home health care. The state ranked “strong” or “very strong” in all categories except for home health care, which was rated as average. Osh Corp. gets $1B contract: Oshkosh Corp. plans “significant hiring” following the announcement Tuesday it won a $1.06 billion contract for 2,244 of the company’s mine resistant all-terrain vehicles. The U.S. Department of Defense on Tuesday announced the contract for the first round of what could eventually total orders for 10,000 of the vehicles also known as or M-ATVs. Related: Grede Foundries files for bankruptcy: Grede Foundries Inc. announced that it has filed a petition for reorganization under Chapter 11 of the United States Bankruptcy Code and has a potential “stalking horse” buyer willing to finance it until a public sale where other suitors can submit bids for the company. Wayzata Investment Partners LLC of Wayzata, Minn., an investment adviser and manager of private investment funds with more than $5 billion in assets, has offered to provide a $45 million temporary loan facility to allow time for an orderly sale under the supervision of the Bankruptcy Court. Related: Fireworks sellers see dud sales in recession: Fireworks retailers in central Wisconsin are seeing a dip in sales this year, a drop many attribute to the state of the economy. Jerry Bamke, owner of Fireworks Country in Wittenberg, said his customers are complaining that money is tight. Related: Tax Incentives Debated As Film Arrives In Theaters: Wisconsin communities like Madison, Columbus and Oshkosh enjoyed a brush with Hollywood glamour after serving as the backdrop for several scenes for the new Johnny Depp-starring movie “Public Enemies.” As the movie receives a nationwide release on Wednesday, the dollars that brought that film production to the Badger State last year continue to be up for debate.
************************************************************ See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler: ************************************************************ TECHNOLOGY (back to top)
BIOTECH (back to top) – Memo to Biotech CEOs: Keep Hands Off the Cash – Geron to Provide Stem Cells to GE – Obama offers 7-year protection for biotech drugs
ECONOMY (back to top)
MANUFACTURING (back to top)
LABOR (back to top) – Milwaukee area losing jobs faster than most metro areas in region – Professional license fee hikes approved – Income-based loan plan to aid students
SMALL BUSINESS (back to top)
REAL ESTATE (back to top) – Milwaukee: Neighborhood’s growth depends on Goldmann’s
AGRIBUSINESS (back to top) – Apple Growers, Ag Tourism Operators to Meet
TRANSPORTATION (back to top) – DOT: Roads should have sparse construction for 4th of July weekend – Lake Park Road closure in Appleton miffs surrounding business owners – Highway officials say State 172 work will be complete before Green Bay Packers camp
RETAIL (back to top) – Franklin Sendik’s succumbs to economy – Franklin Pick ‘n Save stores stay open, along with new store – Madison: Cafe Montmartre Closes Its Doors – Restaurant outlook dampens – Bon-Ton to close Ohio store
REGULATION (back to top) – Roundy’s warns of recalled beef sold at stores – StoneFire Pizza owners face foreclosure suit – Oconomowoc restaurateur pays tax bill, retains liquor license – Higher landfill fees begin Wednesday – Budget Measure Requires Drivers Get Auto Insurance
TOURISM (back to top) – Circus World Museum an economic engine, drawing power for Baraboo – KeyLime Cove corners market on convenience – Packers weather down season, economy
UTILITIES (back to top)
HEALTH CARE (back to top) – Verona: Groundbreaking Held For New Badger Prairie Health Care Center – Community health centers get $3.5 million in stimulus funds – Construction begins on new Allergy Associates site in Onalaska – Wal-Mart backs employer health insurance mandate
FINANCIAL SERVICES (back to top)
MANAGEMENT (back to top)
BUSINESS COLUMNS (back to top) – House rules: Landlords knowledgeable of tenancy laws improves condition of rental properties, neighborhoods – Shift switch: Summerfest bartender for a day PRESS RELEASES (back to top) For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82 |
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