Foxconn selects company with close ties to Walker

MADISON, Wis. (AP) — Foxconn Technology Group on Monday selected a company led by a Republican megadonor with close ties to Gov. Scott Walker to develop the master plan for its massive campus in Wisconsin. The Taiwan-based electronics giant said it chose Hammes Company to be the lead developer on the $10 billion project that […]

Read More

Fiserv: 1Q Earnings Snapshot

BROOKFIELD, Wis. (AP) – Fiserv Inc. (FISV) on Tuesday reported first-quarter net income of $423 million. The Brookfield, Wisconsin-based company said it had profit of $1 per share. Earnings, adjusted for non-recurring gains, came to 76 cents per share. The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment […]

Read More

Flames shot out of grinder before Wisconsin plant explosion

MADISON, Wis. (AP) — A corn grinder began belching flames shortly before a deadly explosion tore through a southern Wisconsin mill last year, federal safety inspectors said Monday. The May 31 blast at the Didion Milling Co. plant in Cambria killed five workers, injured 14 others and reduced the facility to rubble. The Occupational Safety […]

Read More

Pulling water from Lake Michigan for Foxconn plant approved

MADISON, Wis. (AP) — The Wisconsin Department of Natural Resources has approved a request to pull millions of gallons of water daily from Lake Michigan to serve a new Foxconn Technology Group manufacturing plant, helping the Taiwanese electronics giant clear a major regulatory hurdle. Foxconn expects to begin construction on a $10 billion flat-screen plant […]

Read More

US firms say Trump’s tariffs hurt them

WASHINGTON (AP) — President Donald Trump’s escalating dispute with China over trade and technology is threatening jobs and profits in working-class communities where his “America First” agenda hit home. The Commerce Department has received more than 2,400 applications from companies seeking waivers from the administration’s tariffs on steel and aluminum imports, which may result in […]

Read More

Economists say growth will continue

WASHINGTON (AP) — America’s business economists are sketching a bright picture for the coming months, with a survey finding that more of their companies foresee rising sales and expect to continue hiring and raising pay. At the same time, nearly two-thirds of respondents in the latest survey by the National Association for Business Economics say […]

Read More

Local Bon-Ton stores to close

MILWAUKEE (AP) — The Bon-Ton Stores, which operates 260 department stores in the U.S., is expected to go out of business after two liquidation firms became the highest bidders at an auction for the bankrupt company’s assets Tuesday. In the Stateline Area, three Bon-Ton owned stores will be closing. In February it was announced the […]

Read More

Wisconsin companies see benefits of wellness programs

MADISON, Wis. (AP) — Companies across Wisconsin are turning to wellness programs as a way to save money and improve the health and productivity of their employees. A Cornell University found that 12 percent of all health care dollars in Wisconsin are spent on obesity-related conditions, above the national average of 8 percent, Wisconsin Public […]

Read More

Bank pulls out of Illinois medical marijuana industry

SPRINGFIELD, Ill. (AP) — Illinois medical marijuana companies may have to deal in cash after the main bank serving operators has decided to pull out of the industry. The Chicago Tribune reports that the Bank of Springfield informed cannabis clients last month it would close their accounts May 21. The decision to withdraw is tied […]

Read More

USDA: Illinois farmers to plant more corn than soybeans

BLOOMINGTON, Ill. (AP) — The latest report from the U.S. Department of Agriculture says Illinois farmers are expected to continue planting more corn than soybeans despite the trend changing nationally. The USDA’s prospective plantings estimate said there will likely be 11 million corn acres planted in Illinois this year, about 200,000 fewer acres than last […]

Read More

Stocks