WisBusiness TUE News Summary


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From WisBusiness.com …

— The newest episode of “WisBusiness.com: The Show” features an interview with Jeff Ebel, co-founder of the Wisconsin River Business Angels, who describes angel investing in central Wisconsin.

Also, Tom Still discusses the “Wisconsin Perception Survey,” and Liz Schrum presents this week’s Tech Metrics, which chart key indicators in the Wisconsin economy.

Watch the show:

http://www.wisbusiness.com/index.iml?Article=362010

— The state’s housing market once again performed well in November, with increases in both home sales and median prices.

The latest data from the Wisconsin Realtors Association found 4,784 closed sales last month, 3.4 percent higher than November 2014. That brings the total home sales so far this year to more than 71,000, an increase of roughly 7,000 from this point last year.

At this rate, Wisconsin will see more than 75,000 home sales in all of 2015, breaking that mark for the first time since 2005, said WRA Board Chairman K.C. Maurer.

The median house in Wisconsin cost $150,000 in October, the association said, a 3.4 percent increase from November 2014.

See more:

http://wisbusiness.com/1008/151221Realtors.pdf

— A new Citizen Action of Wisconsin report encourages state lawmakers to tackle disparities in health care costs across the state.

The report from the liberal-leaning group found while large-group health care costs have risen 216 percent statewide since 2000, the increases varied from 170 percent in Madison to 365 percent in Green Bay.

Those numbers should be a “wake-up call to policymakers” to accept the Medicaid expansion, boost reviews of insurance rates and control prescription drug prices, said lead organizer Kevin Kane. The state should also create its own health insurance marketplace, rather than opting for the federal Healthcare.gov exchange, he added.

“Doing nothing is not an option,” Kane said. “The state has to take action.”

The 10th Annual Wisconsin Health Insurance Cost Ranking report analyzed costs across Wisconsin cities in the individual, small group and large group insurance markets. It also combined premiums with deductibles for the first time, which the group said accounted for plans where deductibles have increased more than premiums.

Madison, the report found, has the lowest annual cost at $7,234 in the three combined markets. The statewide average is $8,415, while the most expensive metro was Milwaukee at $9,456, followed by Racine, Wausau and Stevens Point.

See the release:

http://www.citizenactionwi.org/2016_wisconsin_health_insurance_cost_ranking

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JAN. 19 IN MADISON: ENERGY OUTLOOK FOR 2016 WITH PSC CHAIR ELLEN NOWAK

Public Service Commission Chair Ellen Nowak will talk about top energy issues in 2016 including controlling carbon emissions, nuclear energy and the effects of depressed natural gas prices.

Check-in begins at 11:30 a.m. at The Madison Club, 5 E. Wilson St., Madison. Event ends at 1 p.m. Parking available at a nearby city ramp, Monona Terrace or the Hilton Hotel garage next door.

$19 for program and buffet luncheon.

Pre-registration required: Contact The Madison Club at reception@madisonclub.org

Sponsors: American Family Insurance, University Research Park, Walmart, Whyte Hirschboeck Dudek, Wisconsin Newspaper Association/Wisconsin News Tracker and Xcel Energy.



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TOP HEADLINES

Crane maker Manitowoc to lay off 80 in Port Washington

http://bizjournals.com/milwaukee/news/2015/12/21/crane-maker-manitowocto-lay-off-80-in-port.html

Frac sand instability presents problems for towns

http://lacrossetribune.com/407c793c-ab23-5975-8723-9d1f94631ec6.html

Corvisa acquired by California telecommunications firm for $8.5 million

http://jsonline.com/business/363184271.html

Duluth Trading joins Russell stock indexes

http://host.madison.com/b32fb8bd-aa4b-5c12-89d8-926298088ce1.html

Home sales continued to improve in November, state Realtors group says

http://jsonline.com/business/363143631.html

Lockheed sues over Oshkosh Corp. contract

http://thenorthwestern.com/story/money/2015/12/21/77711594/


WisBusiness sponsors

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UW-Madison Office of Corporate Relations
MGE logo
Madison Gas & Electric
Tech Council logo
Wisconsin Technology Council
URP logo
University Research Park


STORY TOPICS

AGRIBUSINESS ^top^

– BNSF: Train Derailment Has No Adverse Impact on Environment

http://wisconsinagconnection.com/story-state.php?Id=1476&yr=2015

– US Foods to Acquire Dierks Waukesha

http://wisconsinagconnection.com/story-state.php?Id=1477&yr=2015

– Wild Bee Decline Still Threatening Crop Production

http://wisconsinagconnection.com/story-state.php?Id=1481&yr=2015


BANKING ^top^

– Hometown Bank, Farmers Exchange to merge

http://fdlreporter.com/story/money/2015/12/21/77582006/


CONSTRUCTION ^top^

– Builders hope for low costs, ongoing demand in 2016

http://marshfieldnewsherald.com/story/money/companies/2015/12/22/77319464/


ECONOMY ^top^

– Sheboygan economy had quite a run in 2015

http://sheboyganpress.com/story/money/companies/2015/12/22/77101748/


HEALTH CARE ^top^

– Aurora, UW Health to collaborate on pediatric services in Green Bay, Oshkosh

http://jsonline.com/business/363195871.html

– Gundersen advance care to be featured today on truTV

http://lacrossetribune.com/0ab78887-430d-5ad3-ad3f-9dbfe88737b9.html


MANUFACTURING ^top^

– National food distributor buys Waukesha restaurant supply company

http://bizjournals.com/milwaukee/news/2015/12/21/national-food-distributor-buys-waukesha-restaurant.html

– Harley-Davidson Museum offering free admission to H.O.G. members

http://jsonline.com/business/363141361.html

– Lockheed Martin seeks court order to halt Oshkosh production on Army vehicle

http://bizjournals.com/milwaukee/news/2015/12/21/lockheed-martin-seeks-court-order-to-halt-oshkosh.html


REAL ESTATE ^top^

– Brown Co. home sales drop in November

http://greenbaypressgazette.com/story/money/2015/12/21/77694722/

– Wisconsin on pace for highest annual home sale tally since 2005

http://bizjournals.com/milwaukee/blog/real_estate/2015/12/wisconsin-on-pace-for-highest-annual-home-sale.html

– DAS Acquisition of St. Louis acquires Providence Home Lending

http://jsonline.com/business/363178191.html

– Home market growth continues in November; prices up 5.4 percent

http://lacrossetribune.com/b03dceeb-0c75-5c70-8a0f-c441639b7866.html


RETAIL ^top^

– Records show Wausau mall’s dire finances

http://wausaudailyherald.com/story/money/2015/12/21/77322950/

– Kroger launching a new urban, fresh food concept

http://bizjournals.com/milwaukee/news/2015/12/21/kroger-launching-a-new-urban-fresh-food-concept.html

– Duluth Trading Co. added to Russell 2000, 3000 indexes

http://bizjournals.com/milwaukee/news/2015/12/21/duluth-trading-co-added-to-russell-2000-3000.html

– Retailers try to make up for lost sales after shooting closed East Towne Mall Saturday

http://host.madison.com/10d03fe7-688f-5f63-b06a-4fc73885c55d.html


SPORTS ^top^

– Excess Lambeau sales tax checks in the mail

http://greenbaypressgazette.com/story/money/2015/12/21/77701692/

– Milwaukee Bucks players go shopping with some special guests: Slideshow

http://bizjournals.com/milwaukee/blog/2015/12/milwaukee-bucks-players-go-shopping-with-some.html


TECHNOLOGY ^top^

– Milwaukee’s Corvisa being sold by Novation for $8.5 million

http://bizjournals.com/milwaukee/news/2015/12/21/milwaukees-corvisa-being-sold-by-novation-for-8-5.html


UTILITIES ^top^

– FDL water rates going up

http://fdlreporter.com/story/money/2015/12/21/77579150/


PRESS RELEASES ^top^

See these and other press releases:

http://wisbusiness.com/index.iml?Content=82

Angelic Bakehouse: Sprouted grains remain hot food trend for 2016

EnSync Energy Systems: Sustainable energy systems strategy underscored with President Obama’s signature on 2016 Omnibus funding bill

UW-Madison Carbone Cancer Center: Many continue to work despite metastatic cancer diagnosis

UW-Madison: Amid changing market for scientific instruments, Gilson continues to lead

UW-Madison: Reaching the homeless by caring for pets

Wisconsin REALTORS Association: Strong Wisconsin housing market continues in November