Unemployment rises in half of Wisconsin cities in December

MADISON, Wis. (AP) — New data shows unemployment rates rose in half of Wisconsin’s major cities last month. The Wisconsin Department of Workforce Development reported Tuesday that preliminary rates for December showed unemployment rose in 16 cities and went down or remained the same in the state’s 16 other major municipalities. Racine had the highest […]

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Stack Bros. accused of age discrimination

SUPERIOR, Wis. (AP) — The U.S. Equal Employment Opportunity Commission has filed a discrimination lawsuit against a large heating and plumbing contractor in northern Wisconsin and northern Minnesota. The EEOC alleges Stack Bros. Mechanical Contractors, of Superior, violated federal law by firing two employees when they reached age 62 and retaliating against one of them […]

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Menasha Corp. goes with current site for new headquarters

NEENAH, Wis. (AP) — Packaging maker Menasha Corp. says it will build a new global headquarters on its existing site in eastern Wisconsin. Post-Crescent Media (http://post.cr/1yNFvJ3 ) reports the new facility will measure more than 100,000 square feet. It will also be the national headquarters of the company’s largest subsidiary, Menasha Packaging Co. The Neenah […]

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Harley-Davidson beats 4Q profit forecasts

MILWAUKEE (AP) — Harley-Davidson Inc. (HOG) on Thursday reported fourth-quarter net income of $74.5 million. On a per-share basis, the Milwaukee-based company said it had net income of 35 cents. The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. The […]

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Boone, Winnebago among highest in unemployment

By Daily News Staff Boone County had the second highest unemployment rate among Illinois’ 102 counties in December. Boone County had a jobless rate of 8.6 percent in December, up from 7.5 percent in November, but down from 12.1 percent in December of 2013, according to the Illinois Department of Employment Security. Boone County recorded its […]

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Better times expected in real estate market

Looking to buy or sell a home? The timing may be good, according to some who work in the market and say the Stateline Area is showing a strengthening trend. Average prices of homes in Rock County have increased from $104,535 in 2011 to $127,226 in 2014, according to Neil Kerwin, president of the Rock-Green […]

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ADM tops 4Q profit forecasts

DECATUR, Ill. (AP) — Archer Daniels Midland Co. (ADM) on Tuesday reported fourth-quarter net income of $701 million. The Decatur, Illinois-based company said it had profit of $1.08 per share. Earnings, adjusted for non-recurring gains, were $1 per share. The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research […]

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AbbVie reports better-than-expected 4Q on Humira sales

NORTH CHICAGO, Ill. (AP) — Drugmaker Abbvie posted better-than-expected adjusted results for the fourth quarter on Friday due to double-digit growth of its blockbuster anti-inflammatory drug Humira. Sales of Humira increased 10.6 percent to $3.36 billion, offsetting lower sales of the testosterone medication Androgel and other medications. Humira is approved for more than a dozen […]

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Abbott beats 4Q profit forecasts

NORTH CHICAGO, Ill. (AP) — Abbott Laboratories (ABT) on Thursday reported fourth-quarter earnings of $905 million. On a per-share basis, the North Chicago, Illinois-based company said it had profit of 59 cents. Earnings, adjusted for one-time gains and costs, came to 71 cents per share. The results beat Wall Street expectations. The average estimate of […]

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Pabst Brewing Co. could come home

MILWAUKEE (AP) — Pabst Brewing Co. could return to the city of its 19th century birth. Pabst shut down its brewery in Milwaukee nearly 20 years ago. But, now its current owner and CEO, Eugene Kashper, is looking for a location in Milwaukee to open a pilot brewery where new products could be made and […]

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