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Federal government verifies DWD jobs numbers [September 5, 2012]

The federal government verified Wisconsin’s Department of Workforce Development data, confirming that 37,464 jobs were created in the state from March 2011 through March 2012.

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UW football team among nation's biggest spenders [September 5, 2012]

A report in the Memphis Business Journal, based on new data from the U.S. Department of Education Equality in Athletics, found that the Wisconsin Badgers are among college football’s top 10 spenders....

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ULI's East Washington Avenue plan scrapped [September 5, 2012]

Urban Land Interest’s (ULI) $32 million dollar plan to redevelop the 800 block of East Washington Avenue has been scrapped after it was determined the project – a plan designed to include housing,...

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August jobs report: U.S. economy adds 96,000 new jobs [September 7, 2012]

The U.S. economy added 96,000 new jobs in July, according to preliminary data from the U.S. Department of Labor, and the official unemployment rate fell to 8.1%. It was 8.3% the previous month. Various...

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Wisconsin Bank & Trust posts net loss [September 11, 2012]

Wisconsin Bank & Trust (formerly Wisconsin Community Bank) posted a net loss in the second quarter of 2012 compared to 2011. Net income came in at $1.5 million, compared to $1.9 million a year ago....

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Accuray posts $20.3M net loss [September 11, 2012]

Accuray of California, owner of Madison’s TomoTherapy, posted a wider loss for its fiscal fourth quarter ending June 30. The company reported a net loss of $20.3 million (28 cents/share) on revenue of...

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Madison College receives grant to expand scholars program [September 11, 2012]

Madison College received a $75,608 grant from Great Lakes Higher Education Guaranty Corporation to expand its Male Scholars Program to female students. The program allows students of color to meet...

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NeuWave Medical raises $14M in venture funding [September 11, 2012]

NeuWave Medical, a Madison medical device firm, raised $14 million in venture funding, which will be used to further develop minimally invasive surgery tools as well as a thermal ablation system that...

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Academy Electric to close [September 11, 2012]

Academy Electric in Madison announced it will close when its two sibling-owners retire and their sister pursues another career. Efforts to sell the company were unsuccessful. The 50-year-old Madison...

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Iowa County Humane Society in financial trouble [September 11, 2012]

The Iowa County Humane Society is at risk of shutting down due to financial problems. Director Teresa Deurst said the agency, which shelters about 500 dogs and cats a year, needs $25,000 each month for...

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Foreclosure suit against Veridian Homes dismissed [September 11, 2012]

A $16 million foreclosure suit filed April 11 by Harris Bank of Chicago against Madison-based Veridian Homes was dismissed Aug. 7 after the two parties entered into a forbearance agreement. At issue...

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New brewery to open in Ale Asylum space [September 11, 2012]

Karben4, a new brewery owned by three Appleton natives, will open in the space soon to be vacated by Ale Asylum on Kinsman Boulevard in Madison. The owners will lease the space and have purchased some...

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Judge dismisses Physicians Plus' suit against UW-Madison's doctor group...

Dane County Circuit Court Judge Frank Remington dismissed a Physicians Plus lawsuit against UW-Madison’s doctor group, saying the doctor group’s threat to stop treating 107,000 Physicians Plus members...

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Work begins on second University Crossing building [September 11, 2012]

Work has begun on the second of seven buildings at University Crossing in Madison. The latest groundbreaking celebrated a $14.9 million, three-story office/retail building with 63,400 sq. ft. of space...

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Three Madison biotechs to expand [September 11, 2012]

Three Madison biotechs are expanding: Epicentre, a subsidiary of Illumina, Inc. and manufacturer of molecular biology reagents for life science research, will move into a 27,000-sq.-ft. space in...

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Foreclosure filed against Orpheum's owners [September 11, 2012]

Monona State Bank filed a foreclosure against Henry Doane and Eric Fleming, feuding owners of the historic Orpheum Theatre in downtown Madison. Also named in the filing were 216 State Street, LLC;...

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State utilities get average marks on renewable energy [September 13, 2012]

Renew Wisconsin, a renewable energy advocacy organization, has given Wisconsin utilities average marks on its 2011 Renewable Energy Performance Report Card. The report card, released Wednesday, gave...

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Two of four Union Corners plans move forward [September 13, 2012]

Looks like two of the four plans for the Union Corners site in Madison are continuing through the process. A city special committee has recommended that talks continue with Gorman Co. of Oregon ($83...

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Companies eye Nob Hill renovation [September 13, 2012]

Royal Capital Group and Zilber Ltd. of Milwaukee want to renovate the 272-unit Nob Hill Apartment complex at 1108 Moorland Road in Madison. The developers want to use about $13 million in state tax...

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Weather Central to cut 21 jobs [September 13, 2012]

Weather Central in Madison has informed 21 management and back office employees that they will lose their jobs by the end of the year. At the same time, Weather Central is expected to add between five...

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Capital Newspapers eliminates 26 positions [September 13, 2012]

The sluggish economy has led to the elimination of 26 positions at Capital Newspapers in Madison, including four in the Wisconsin State Journal newsroom. Fifteen people lost jobs, while another 11...

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Mallatt's Pharmacy acquires two stores [September 13, 2012]

Mallatt’s Pharmacy continues to grow throughout the area. Owner Mike Flint announced the purchase of two Harris Pharmacy stores – one in Waunakee and another in Lodi – in a deal expected to close Oct....

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Resilience Research Center's initial phase complete [September 17, 2012]

Phase I of the $7 million Resilience Research Center at 501 E. Badger Road is complete and school is in session. The 24,000-sq.-ft. building includes Badger Rock Middle School, a public charter school...

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Dairy Business Innovation Center to close [September 17, 2012]

Unable to secure the $500,000 needed to operate every year, the Dairy Business Innovation Center will close Sept. 30. The nonprofit, which helped create 43 new processing plants for specialty and...

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GE Healthcare pledges $32.9M to UW for imaging research facility [September...

GE Healthcare has pledged $32.9 million in equipment, researchers, and research support over 10 years to the UW School of Medicine and Public Health for an imaging research facility to be located in...

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Judge throws out Promega damage award [September 17, 2012]

U.S. District Court Judge Barbara Crabb threw out a $52 million damage award for Promega Corp., ruling it had not adequately proved that Life Technologies, a California firm, infringed on Promega’s...

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Wisconsin Association of Counties promotes Internet sales tax resolution...

According to an article in the Eau Claire Leader-Telegram, the Wisconsin Association of Counties (WCA) is urging the state’s county boards to support a WCA-backed resolution to force all companies...

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Goodwill opens new Fitchburg store [September 17, 2012]

Goodwill Industries opened its new Fitchburg location at 6291 McKee Road. The 12,800-sq.-ft. building includes a Goodwill career center – moved from Goodwill’s Royal Avenue store – which is free and...

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BMO Harris to cut 74 jobs statewide [September 17, 2012]

BMO Harris Bank announced it will cut 74 positions around the state over the next five months, including 37 employees at its Sun Prairie data center. The same number of jobs will be lost at a Cedarburg...

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Marquette Law Poll: Baldwin, Obama surging in Wisconsin [September 19, 2012]

A new Marquette Law School Poll finds Rep. Tammy Baldwin taking the lead over former Gov. Tommy Thompson in the race for Wisconsin's open U.S. Senate seat by a 50% to 41% margin among likely voters. In...

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