Economy & Business

Economy & Business
4:51 pm
Thu May 9, 2013

Management Tends to Have Upper Hand in Negotiations

Caterpillar and USW Local 1343 are involved in tough negotiations

Caterpillar and its South Milwaukee Union are engaged in tough talks.

Last week, the United Steelworkers Local 1343 voted down a contract that called for allowing the company to temporarily close the plant if needed during downturns, along with wage freezes.

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Economy & Business
3:53 pm
Thu May 9, 2013

Commentary: Wisconsin's "Insular Smugness" Doesn't Foster Growth

Where are you from?  Ask that to the next person you meet on the street in Milwaukee, and they’ll probably look at you funny.  So, instead, take our word for it – the answer is probably someplace local.

Writer and Lake Effect essayist Avi Lank says where we are from says a great deal about where we are going:

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Economy & Business
10:56 am
Wed May 8, 2013

Local Beauty Product Company Gives More than Lip Service to DIY Movement

Olivu 426's Caitlin Brotz prepares homemade beauty products.
Credit Olivu

Napoleon Dynamite included, a lot of us rely on lip balm to keep our mouths moisturized. But it's likely few of us ever thought about making our own product.

One Sheboygan woman has given more than lip service to the importance of pampered puckering. Caitlin Brotz is carving a niche for her homegrown lip balm company, called Olivu 426.

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Economy & Business
9:48 am
Wed April 17, 2013

Millennials Talk About Vision for City

Generation Y will be the next group of Milwaukee leaders.

Young professionals are gathering across Milwaukee this week, not only to network, but to also talk about their visions of the city’s future. Organizers of the second annual Young Professionals Week have arranged more than 20 events.

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Economy & Business
9:54 am
Mon April 8, 2013

Walker Proposes Changes to State Laws Governing Foreign Land Sale

Gov. Walker has proposed lifting the cap on the amount of land foreigners and corporations are allowed to purchase.
Credit flickr.com/sawmillsergio

Wisconsin may soon allow foreign investors to purchase large parcels of land here. For more than 100 years, the state has limited foreign interests from owning more than 640 acres. However, Governor Walker’s proposed budget removes the cap, including for corporations. The Wisconsin Realtors Association asked for the change, according to spokesman Thomas Larson.

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Economy & Business
1:18 pm
Fri March 29, 2013

Community Leaders Unveil Business Startup Partnership

Milwaukee Mayor Tom Barrett (left) discusses partnership with community leaders.

Milwaukee leaders plan to engage in an exercise to spur entrepreneurship. Dozens of people packed into a room at the new UWM School of Public Health Thursday, to hear about the plan. Milwaukee would be the first city in the U.S. to test the initiative.

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Economy & Business
9:39 am
Wed March 27, 2013

Caterpillar and Union Set to Start Negotiations in Early April

Caterpillar and union ready to bargain.
Credit Mark Sardella, Flickr

In less than a week, contract negotiations will begin at Caterpillar in South Milwaukee. The talks will be the first since the company took over former Bucyrus International in 2010.

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Economy & Business
3:20 pm
Wed March 20, 2013

New Office Building Planned for Former Pabst Brewery Site

Rendering of the Pabst Business Center

A developer announced plans on Wednesday for a new five-story building to be constructed in the "The Brewery " neighborhood. The Brewery - a mixed-use development - is located on the northern edge of downtown Milwaukee, on the grounds of the former Pabst Brewery.

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Economy & Business
8:36 am
Tue March 5, 2013

Walker Looks to Change Rent-to-Own Rules

Gov. Walker's plan caps of the cost of renting at double the purchase price.

The rent-to-own industry has been working for years to change the way Wisconsin governs those shops. It now appears Gov. Walker is on board with change. As WUWM’s LaToya Dennis reports, he has included in his budget a provision bringing Wisconsin in line with most other states. His plan will certainly reignite a battle here between consumer advocates and an industry insisting it provides an option some shoppers need.

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Economy & Business
10:36 am
Fri March 1, 2013

MATC Union Says Early Contract Will Deter Instructors from Retiring

Faculty contracts in place until Feb. of 2015.

Earlier this week, the MATC Board and its teachers union reached a new one-year contract – months ahead of schedule. The pact takes effect next February, when the existing three-year contract expires.

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