(WisBusiness) THURS News Summary — 16 July 2009

TOP STORIES
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Ferry service between Wis., Iowa gets $1.8M grant : A ferry service that carries passengers between Wisconsin and Iowa is receiving $1.8 million in federal stimulus funds.
http://hosted.ap.org/dynamic/stories/W/WI_FERRY_UPGRADE_WIS_WIOL-?SITE=WIMAD&SECTION=HOME&TEMPLATE=DEFAULT

Harley-Davidson cutting 1,000 more jobs as profit tumbles: Harley-Davidson Inc. said Thursday it is cutting 1,000 more employees and lowering its motorcycle shipment guidance as quarterly earnings continued to fall due to weaker sales.
http://www.madison.com/tct/news/stories/458545

Mercury Marine looks to the future, possibly leaving Fond du Lac: Mercury Marine’s future in Fond du Lac is expected to be clear in a matter of weeks, not months, company officials say.
http://www.thenorthwestern.com/article/20090716/OSH03/90715177

M&I Bank cuts 170 jobs in Appleton in consolidation move: The Milwaukee-based bank will consolidate its customer account processing operations in Brookfield by year’s end, said Bill Braun, district president for M&I Bank.
http://www.postcrescent.com/article/20090716/APC0101/907160487/1979

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http://blogs.wisbusiness.com/bizopinion

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BIOTECH (back to top)
– CDI obtains exclusive license
http://www.madison.com/wsj/home/biz/458470

– Seven get UWM Catalyst grants to push science toward its commercial potential
http://www.jsonline.com/business/50903497.html

ECONOMY (back to top)
– Marathon Co. looks at ‘recovery zone’
http://www.wausaudailyherald.com/article/20090716/CWS03/307160059/-1/WDH03/

– Business groups band together on reform
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/13/daily49.html

– Doyle to lead trade mission to Japan, China
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/13/daily54.html

MANUFACTURING (back to top)
– Navy secretary to visit Marinette Marine
http://hosted.ap.org/dynamic/stories/W/WI_MARINETTE_MARINE_WIOL-?SITE=WIMAD&SECTION=HOME&TEMPLATE=DEFAULT

LABOR (back to top)
– M&I moving jobs to Brookfield
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/13/daily51.html

– AT&T, Midwest union reach deal
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/13/daily48.html

– UWM, UW-Madison announce fixed furlough days
http://www.jsonline.com/blogs/news/50854142.html

INVESTING (back to top)
– Gannett reports $70.5 million profit for second quarter
http://www.postcrescent.com/article/20090716/APC03/907160484

– Oshkosh Corp. briefly hits 52-week high after $1B deal
http://www.thenorthwestern.com/article/20090716/OSH03/307160052

REAL ESTATE (back to top)
– Grand Geneva completes renovation
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/13/daily50.html

– City plans for $3 million in riverwalk work at Habhegger, Schlitz sites
http://www.jsonline.com/blogs/business/50792597.html

TRANSPORTATION (back to top)
– Midwest Airlines to launch second Milwaukee-L.A. flight
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/13/daily41.html

REGULATION (back to top)
– State court tosses local wind turbine regulations
http://www.madison.com/tct/news/458548

– Cousins Subs in legal battle with co-founder’s estate
http://www.jsonline.com/business/50903502.html

– Prairie du Chien-area businessman to pay $65,500 for violations
http://www.jsonline.com/business/50902707.html

UTILITIES (back to top)
– WPS will help fulfill Pentagon contracts
http://www.madison.com/wsj/home/biz/458471

– MMSD’s Shafer to lead national water group
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/13/daily37.html

HEALTH CARE (back to top)
– ProHealth discontinuing 24-hour health info service
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/13/daily43.html

– Merge Healthcare plans to close on acquisition Monday
http://www.jsonline.com/business/50849177.html

FINANCIAL SERVICES (back to top)
– Metavante secures work with SunTrust unit
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/13/daily45.html

– Judge denies Guaranty Bank’s request to halt insurance payments
http://www.jsonline.com/business/50903712.html