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From WisBusiness.com …
— Superior-based Fasetto has come a long way since an older version of its product got called “the ugliest wearable” at last year’s Consumer Electronics Show.
Just look at the latest reviews from this month’s 2016 CES show, where Fasetto was determined to return with a revamped product. VentureBeat called the updated Link product “pretty incredible,” while PC Perspective called it the “most groundbreaking storage product” at the show. And ZDnet called Fasetto a “small company with a big idea.”
The big idea for its Link product, expected to launch this fall, is to replace the SD cards that cameras store photos and videos on — and being able to stream those files on multiple devices.
A typical user, for example, could easily share a video they took and stream it on their iPad or smart TV. Professional photographers could have all of their photos automatically sent to the tiny Link box as they’re taken, and they’d be able to instantly pull up those photos on any device to edit files. That removes the hassle of using SD card readers, hooking up cables to a computer or having to worry about whether files are compatible on different devices.
“We’ve eliminated that,” co-founder and CEO Coy Christmas said. “The information is stored online and is accessible on everything.”
See more on Fasetto in a new WisBusiness.com story:
http://wisbusiness.com/index.iml?Article=363875
— Baby Boomers are retiring, Gen Xers are well into raising families and now Millennials — that huge group of (more or less) 20-somethings — are making waves. They’re also grabbing the attention of marketers, employers and mayors who want them to call their towns and cities home — in large part because by 2020, they will be half the workforce.
But this latest cohort of Young Whippersnappers is different, says Ian Abston, co-founder of NEWaukee and an expert on young professionals who spoke to a Wisconsin Innovation Network luncheon on yesterday.
For starters, he said, Millennials value experiences over “stuff,” are more tolerant than their predecessors, are marrying and having kids later, want to start their own businesses and would prefer to dwell in “cool and quirky” places rather than take a job someplace they perceive as dull.
“Sixty two percent prioritize living in a vibrant community over a higher-paying position,” he said. “We’ll find that before we sign the contract for a job.”
See more on the panel:
http://wisbusiness.com/index.iml?Article=363874
— Former state Revenue Secretary Roger Ervin is leading an international organization through a rebranding and restructuring that will bring its headquarters to Madison.
Ervin is the president and CEO of International Relief and Development, which provides relief and development programs in war zones and other vulnerable areas. Although a judge has now ruled in its favor, IRD saw negative headlines during a months-long dispute with a federal aid agency that alleged IRD misused government funds.
The organization, having lost a good chunk of business, is now rebranding into a new three-pronged group called Blumont.
“It was better for us to take the really important and valuable assets of IRD and reorganize it into something that we think is going to be a highly powerful and impactful international development service provider,” Ervin said.
See more on Ervin’s efforts:
http://wisbusiness.com/index.iml?Article=363873
— A new MadREP survey shows 52 percent of respondents needing more employees, while only 4.5 percent saying their employment needs are dropping.
The Madison Region Economic Partnership last year contacted 2,500 businesses throughout the eight-county region, with 247 of them responding. The survey will help MadREP get a better grasp of the issues companies in the area face, said MadREP president Paul Jadin.
The survey showed most of the respondents were locally oriented, with 21 percent having a national primary market and 4.5 percent saying they had an international one. Also, 71 percent of respondents had fewer than 50 employees, while 20 percent had 50 to 199 employees and 9 percent had 200 or more.
Fifty-six percent of respondents also planned expanding in three years, with those responses totalling $270 million in possible investment and 1,126 new jobs. And about 73 percent of respondents said they have launched new products in the past five years.
“Overall, the survey delivers favorable results in terms of the well-being of Madison Region businesses, a majority of whom are expanding, hiring a strong local workforce, and innovating,” the group wrote in an executive summary of the results. “Potential areas for growth include an increased focus on international sales.”
See the release:
http://wisbusiness.com/index.iml?Article=363870
See the executive summary:
http://www.wisbusiness.com/1008/160126MadREP.pdf
— An Assembly panel will hold an executive session this morning on a bill that would make it a crime to provide fraudulent information to WEDC.
The bipartisan bill would punish those who make false statements or misuse WEDC awards with a Class E felony, punishable by up to 15 years in prison, a fine of up to $50,000 or both.
The Assembly Committee on Jobs and the Economy will also hold a public hearing on four economic development bills. Two bills relate to industry clusters, with one bill creating new research tax credits and the other letting WEDC award contracts to nonprofit organizations such as the Water Council in Milwaukee.
Another bill would expand the amount of help companies can receive under the Qualified New Business Venture program, and the fourth would create a grant program that the state’s Arts Board would oversee.
— James D. Temmer will be the new president of the Better Business Bureau Serving Wisconsin next month.
Temmer will replace Ran Hoth, who’s been president and CEO since 1997 and will remain in the CEO role until October. Temmer will start as president on Feb. 22 and will take over the CEO rule after Hoth leaves.
Temmer was executive director of the Milwaukee Bar Association and was executive director of the Charles Allis/Villa Terrace Art Museum.
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**REGISTER NOW Thursday, Feb. 11, WisPolitics.com luncheon: “State of the presidential race”**
On the day of the Democratic presidential debate in Milwaukee, WisPolitics.com brings together an expert panel to discuss the state of the presidential race. Participants include:
–Paul Maslin, national Democratic pollster with FM3;
–former Republican Congressman Scott Klug, public affairs director and co-chair of the Federal Public Affairs Practice at Foley & Lardner;
–and Craig Gilbert, Milwaukee Journal Sentinel Washington bureau chief.
The event will be held at the UW-Milwaukee Innovation Accelerator, 1225 Discovery Parkway, Wauwatosa, Wis. 53226, located just east of Highway 45 and just north of the Medical College of Wisconsin off W. Watertown Plank Road.
Easy parking at the location.
Check-in begins at 11:30 a.m. The program goes from noon until 1 p.m.
$15 for program and buffet luncheon if paid in advance; payment at the door is $20.
Click here to register and pay the $15 fee (put “Feb. 11 prez event” in purpose of payment line): https://secured-site7.com/wispolitics/online_payment/
Sponsors: UW-Milwaukee, Medical College of Wisconsin, and The Firm Consulting.
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Epic Systems founder Judy Faulkner plans to give billions to charity
http://jsonline.com/business/366647741.html
Johnson Controls to bring Tyco headquarters, CEO to Milwaukee in merger
http://bizjournals.com/milwaukee/news/2016/01/26/johnson-controls-to-bring-tyco-headquarters-ceo-to.html
Second Global Water Center building nears construction start after securing WEDC grant
http://bizjournals.com/milwaukee/blog/real_estate/2016/01/second-global-water-center-building-nears.html
Tyco merger gives Johnson Controls CEO Molinaroli an exit strategy
http://jsonline.com/business/366627001.html
Analyst: Verso bankruptcy signals dim future
http://sheboyganpress.com/story/news/local/2016/01/26/79335694/
Tommy Thompson invests in Milwaukee health care tech company
http://biztimes.com/2016/01/26/tommy-thompson-invests-in-milwaukee-health-care-tech-company/
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STORY TOPICS
ADVERTISING ^top^
– Phil Ouellette is new CEO of Lindsay Stone & Briggs
http://host.madison.com/d7dc3270-8b1b-5148-9109-658fd54859e1.html
AGRIBUSINESS ^top^
– PDPW Offers Human Resource Training for Dairy
http://wisconsinagconnection.com/story-state.php?Id=106&yr=2016
– Midwest Hop Growers to Hold Annual Conference in Eau Claire
http://wisconsinagconnection.com/story-state.php?Id=105&yr=2016
BANKING ^top^
– Activist shareholder may seek director seats on Bank Mutual board
http://jsonline.com/business/366596961.html
– Huntington National Bank moving into state with FirstMerit acquisition
http://jsonline.com/business/366576001.html
– Huntington buying FirstMerit in $3.4B bank deal
http://bizjournals.com/milwaukee/news/2016/01/26/huntington-buying-firstmerit-in-3-4b-bankdeal.html
ECONOMY ^top^
– Farrow to outline Waukesha Co. economic growth strategy
http://biztimes.com/2016/01/26/farrow-to-outline-waukesha-co-economic-growth-strategy/
– Wisconsin ranks 38th in private-sector job growth in 2015
http://host.madison.com/31469e9a-c453-11e5-b5c1-ff460da94c02.html
– City to focus on homeless, economic growth
http://leadertelegram.com/News/Front-Page/2016/01/27/City-to-focus-on-nbsp-homeless-economic-growth.html
HEALTH CARE ^top^
– New Marshfield hospital gets final approval
http://marshfieldnewsherald.com/story/news/local/2016/01/26/79367434/
– Health shortage leaves St. Agnes spots open
http://fdlreporter.com/story/money/companies/2016/01/26/79100360/
– Federal grants help fill health worker gap
http://fdlreporter.com/story/money/companies/2016/01/26/78267682/
MANAGEMENT ^top^
– Hoth to retire as BBB Wisconsin CEO; Temmer named to succeed
http://bizjournals.com/milwaukee/news/2016/01/26/hoth-to-retire-as-bbb-wisconsin-ceo-temmer-named.html
MANUFACTURING ^top^
– Verso Corp. files bankruptcy, expects quick process
http://bizjournals.com/milwaukee/news/2016/01/26/verso-corp-files-bankruptcy-expects-quick-process.html
– Ariens begins enforcing prayer break policy
http://sheboyganpress.com/story/news/local/2016/01/26/79338260/
– Johnson Controls says Tyco merger will benefit Milwaukee area
http://biztimes.com/2016/01/26/johnson-controls-says-tyco-merger-will-benefit-milwaukee/
– Molson Coors Brewing announces $2.35 billion stock offering
http://jsonline.com/business/366616121.html
– Some Tyco operations to move to Milwaukee
http://biztimes.com/2016/01/26/some-tyco-operations-to-move-to-milwaukee/
POLITICS ^top^
– Presidential candidates Clinton, Sanders bash Johnson Controls over tax inversion
http://bizjournals.com/milwaukee/news/2016/01/26/presidentialcandidates-clinton-sanders-bash.html
REAL ESTATE ^top^
– Pleasant Prairie approves final plans for Uline corporate expansion
http://bizjournals.com/milwaukee/news/2016/01/26/pleasant-prairie-approves-final-plans-for-uline.html
– Mandel begins phase four of The North End development
http://biztimes.com/2016/01/26/mandel-begins-phase-four-of-the-north-end-development/
– The Rock seeks vote of confidence from Franklin officials for baseball stadium, mixed-use development
http://bizjournals.com/milwaukee/blog/real_estate/2016/01/the-rock-seeks-vote-of-confidence-from-franklin.html
– St. Francis strip mall sold for $11.9 million
http://biztimes.com/2016/01/26/st-francis-strip-mall-sold-for-11-9-million/
– Uline to begin building offices after getting final local approval
http://jsonline.com/business/366569221.html
RETAIL ^top^
– Kohl’s Corp. will donate $2 million to Discovery World
http://jsonline.com/business/366565831.html
– Kohl’s donates $2 million to Discovery World
http://bizjournals.com/milwaukee/news/2016/01/26/kohls-donates-2-million-to-discovery-world.html
TECHNOLOGY ^top^
– Madison called a top area for tech professionals
http://jsonline.com/business/366566121.html
– White House invites Madison company 5Nines, UW professor to discuss internet access
http://host.madison.com/5e02d295-022a-55b1-8dc9-6e992ac6fe6a.html
TOURISM ^top^
– Great Wolf Resorts buys land near Disney World for $23M
http://bizjournals.com/milwaukee/news/2016/01/26/great-wolf-resorts-buys-land-near-disney-world-for.html
TRANSPORTATION ^top^
– Quarterly revenue, earnings decline at Marten Transport
http://jsonline.com/business/366618091.html
PRESS RELEASES ^top^
See these and other press releases:
http://wisbusiness.com/index.iml?Content=82
Madison Region Economic Partnership: Releases results of business retention & expansion survey
UW-Madison: Darrell Bazzell departing in March
UW-Madison: Libraries, Arts Institute and Chazen celebrate Shakespeare in Wisconsin 2016
UW-Madison: Noncredit programs cater to working professionals
UW-Madison: Team finds Zika virus in Colombia
WEDC: Global Water Center to expand