(WisBusiness) TUES News Summary — 12 May 2009

TUE WisBusiness News Summary
12 May 2009
Exclusively for WisBusiness Subscribers



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From WisBusiness.com …

— The Wisconsin Way’s May 18-19 conference on taxes and government spending and management has been postponed as Capitol pols deal with a deepening budget shortfall.

Wisconsin Way coordinators said since Gov. Jim Doyle announced Thursday that the state faced a widening budget shortfall, they’ve received a number of calls from elected officials and others who weren’t sure they could now make the conference.

The group, which put out a blueprint earlier this year to overhaul government taxes and spending, hopes to reschedule the event.

See the Wisconsin Way site: http://www.wisconsinway.org

— The judge overseeing the Metropolitan Milwaukee Association of Commerce’s lawsuit over the city of Milwaukee’s paid sick leave ordinance said he’ll likely rule on the case within 30 days.

Both sides of the suit were in court Monday for a three-hour hearing on the ordinance, which voters approved.

MMAC, the city and 9to5 once again laid out their arguments over the ordinance, which has been put on hold while the lawsuit works its way through the system.

MMAC argued that the ordinance is pre-empted by and conflicts with Wisconsin’s living wage law, the state and federal family medical leave acts and worker’s compensation regulations.

But 9to5, which helped get the ordinance on the ballot for voter approval, countered those regulations set a floor and the sick day ordinance would be a complement those rules.

See more from the hearing: http://www.wisbusiness.com/index.iml?Article=158334

TOP STORIES
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U.S. 151 still closed near Columbus after blasts, fire at chemical plant : U.S. 151 north of this city remained closed in both directions Tuesday because of a fire and explosions that rocked Columbus Chemical Industries on Monday night, prompting the evacuation of nearby residents and warnings to people who live farther away to stay inside and close their windows.
http://www.madison.com/wsj/topstories/450758

Wisconsin considers expanding unemployment program: More Wisconsin residents would qualify for unemployment benefits under a proposal designed to bring in $89.3 million from the federal stimulus package to the state.
http://www.thenorthwestern.com/article/20090512/OSH0101/905120400/1987

U.S. Bank to repay TARP funds: U.S. Bancorp says it’s time to repay its federal bailout funds. After receiving a clean bill of health from the government, the Minneapolis-based lender, which operates U.S. Bank, announced Monday it will raise $2.5 billion through a stock offering.
http://www.postcrescent.com/article/20090512/APC03/905120484/1028/U.S.+Bank+to+repay+TARP+funds

Paid sick leave case rivals sound off in court: Opponents and supporters of Milwaukee’s paid sick leave ordinance sounded off in a hearing Monday before Milwaukee Circuit Court Judge Thomas Cooper, who said he will issue a written ruling at a later date on whether the new law will be allowed to take effect.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/11/daily21.html

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VISIT BIZOPINION FOR BUSINESS-RELATED COMMENTARY

See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler:
http://blogs.wisbusiness.com/bizopinion

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TECHNOLOGY (back to top)
– Kohl’s improves in online customer satisfaction
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/11/daily11.html

– Baird will focus on clean-technology industries
http://www.jsonline.com/business/44715912.html

ECONOMY (back to top)
– Rising oil prices signal recession is easing
http://www.madison.com/tct/business/450786

MANUFACTURING (back to top)
– Neenah Paper sales dip sharply
http://www.postcrescent.com/article/20090512/APC03/905120490/1028/Neenah+Paper+sales+dip+sharply

– S.C. Johnson selling shaving unit to Energizer for $275M
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/11/daily6.html

LABOR (back to top)
– Despite stimulus funds, many states are cutting jobs or ordering furloughs
http://www.madison.com/tct/news/stories/450788

SMALL BUSINESS (back to top)
– Survey: Business woes keep owners up at night
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/11/daily12.html

REAL ESTATE (back to top)
– Riverfront plan taking form
http://www.thenorthwestern.com/article/20090512/OSH0101/905120397/1987

– Home buyers feel fallout of Monarch Homes bankruptcy
http://www.jsonline.com/business/44528647.html

– Panel recommends County Grounds land sale to UWM
http://www.jsonline.com/business/44724697.html

– Milwaukee-area home sales down only 2% in April
http://www.jsonline.com/business/44735997.html

– Condo legal dispute settled
http://www.jsonline.com/business/44752117.html

– Marcus North Shore Cinema renovation nearly complete
http://www.jsonline.com/business/44718517.html

AGRIBUSINESS (back to top)
– Wisconsin FSA Farm Loan Program Busier This Year
http://www.wisconsinagconnection.com/story-state.php?Id=575&yr=2009

TRANSPORTATION (back to top)
– American to let customers use miles on one-way trips
http://www.madison.com/tct/business/450657

– AirTran launches Milwaukee-Branson service
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/11/daily13.html

RETAIL (back to top)
– Culver’s raising funds for charity
http://www.greenbaypressgazette.com/article/20090512/GPG03/905120454

REGULATION (back to top)
– Green Bay Plan Commission puts restrictions on Packers party houses
http://www.greenbaypressgazette.com/article/20090512/GPG0101/905120539/1978

– More city billboards could disappear
http://www.leadertelegram.com/story-news.asp?id=BK0GA1QOJSQ

UTILITIES (back to top)
– We Energies’ carbon-capture test ‘encouraging’
http://www.jsonline.com/business/44752122.html

HEALTH CARE (back to top)
– Fox Valley health care execs say they’re up to President Barack Obama’s challenge
http://www.postcrescent.com/article/20090512/APC0101/905120486/1979

– Exercise boot camp: Firm holds clients accountable for fitness goals
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/11/smallb1.html?b=1242014400^1825564

FINANCIAL SERVICES (back to top)
– Wells Fargo adds to Milwaukee business banking team
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/11/daily19.html

– Study: Reputation, products key for banks
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/11/daily16.html

– Waterstone posts $3.6 million loss
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/11/daily10.html

MANAGEMENT (back to top)
– UWM names business dean
http://www.jsonline.com/business/44752127.html

PRESS RELEASES (back to top)

· 4-C: From flames and ashes to shovels and bricks: 4-C to break ground for new building
· AG Van Hollen: New Holstein resident convicted of theft and securities fraud
· Bay Area Humane Society: Pet Walk Saturday, May 30th
· Greater Milwaukee Association of Realtors: April 2009 MLS statistics analysis
· RedPrairie: Warehouse Management helps GSI Commerce achieve performance goals during 2008 peak season
· Summt Credit Union: Nearly 640 community members ‘pay it forward’ during Summit Credit Union’s first 18 tour dates
· UW-Eau Claire: IS graduates in demand
· UW-Madison: Cyclists pedal for pledges to support UW school for beginning farmers
· UWM: Hosts project management workshop May 29

For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82

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