The greater Madison area is seeing “significant” improvements in housing inventory as the market stabilizes, according to a local real estate executive.  Stark Company Realtors President David Stark says this spring brings “far less uncertainty” than was present in early 2023, when rising mortgage rates led to confusion among analysts

The MMAC’s latest business outlook survey found relatively low expectations for growth in the second quarter.  Bret Mayborne, economic research director for the Metropolitan Milwaukee Association of Commerce, notes respondents expressed concern about continuing economic growth in the coming months.  “That concern was reflected with less than half of those

The Greater Madison Chamber of Commerce is forming a new future-looking work group called N2, which stands for the Next Normal.  In a recent interview, Chamber President Zach Brandon noted “the pandemic dust hasn’t settled yet” and underlined persistent economic uncertainty.  “We just don’t know where things are going to

The WEDC Board of Directors has approved up to $15.5 million in performance-based tax credits for Kikkoman Foods’ planned $800 million expansion, Gov. Tony Evers announced.  That total project dollar figure covers expanding the Japanese company’s existing soy sauce brewing plant in Walworth and building a new 240,000-square-foot facility in

Middleton-based Leo Cancer Care has agreed to install its radiotherapy positioning device at an advanced cancer treatment facility in Italy.  The company yesterday announced its deal with the National Center for Oncological Hadrontherapy in Pavia, Italy. Under the agreement, the Italian center will acquire one of Leo Cancer Care’s Marie

The first part of Wisconsin’s application to a national broadband funding program has been accepted by federal officials.  PSC Broadband Expansion Manager Rory Tikalsky yesterday told members of the Governor’s Task Force on Broadband Access of the approval, representing a step forward in Wisconsin’s plans for using BEAD funding.  The

Visit Milwaukee has rolled out a revamped brand and logo, with plans to promote it over the next 18 months through influencer campaigns, sponsorships, commercials and more.  The tourism organization yesterday unveiled its first rebrand since the current brand and logo were created in 2005, according to the release. Visit

The head of the Citizens Utility Board of Wisconsin expects WEC Energy Group utilities’ rate increases for 2025 and 2026 will be “well below” what the Milwaukee-based company is seeking.  In rate cases filed recently with the Public Service Commission, We Energies and Wisconsin Public Service Corp. are seeking more

President Jay Rothman says it is up to the state to decide whether it can afford a “weakened” Universities of Wisconsin as he released third-party assessments of seven campuses’ finances.

UW-Madison Prof. Mark Eppli says a lack of new home lot creation is a top challenge for Wisconsin as housing demand continues to outstrip supply.  Eppli, who directs the university’s James A. Graaskamp Center for Real Estate, was the keynote speaker for yesterday’s 2024 Wisconsin Economic Forecast Luncheon in Madison.

With the 2024 Republican National Convention in Downtown Milwaukee less than 100 days away, organizers say area businesses can soon expect to see increased interest in booking space. A New York Times article noted some area venues and restaurants had concerns about a dearth of bookings so far for the

SHINE Technologies has submitted its drug master file to the FDA for a material used in precision cancer treatment.  The Janesville-based company yesterday announced the submission for non-carrier added lutetium-177 chloride, or Lu-177. This radiopharmaceutical is used alongside a cancer-seeking molecule to attack cancer cells, and is “especially useful” against

ThedaCare’s Neenah facility has been using AI-assisted robotic helpers in recent weeks to lessen the workload on nurses and other hospital workers.  The health system on Friday announced ThedaCare Regional Medical Center-Neenah is the first hospital in Wisconsin to deploy the Moxi robotic solutions system, developed by Texas-based robotics firm

Madison Gas and Electric is seeking approval for a new solar energy program for customers, building on an existing offering called Shared Solar.  MGE is asking the state Public Service Commission to approve its proposal for Shared Solar II, which would give certain customers the option to pay an up-front

A UW-Madison expert is urging dairy farm operators to watch out for signs of bird flu in their cows after cases of the virus were reported in herds in Kansas, Texas and Michigan.  While no cattle in the state have tested positive for the disease, according to DATCP, the agency

The head of the Wisconsin Realtors Association predicts only “minimal” changes following a national settlement related to commissions, due in part to Wisconsin’s existing consumer protections.  The National Association of Realtors settlement announced last month came after lawsuits focused on the issue of transparency in home purchases and how commissions

NeuGen LLC has filed a lawsuit against MassMutual, alleging the Massachusetts investment firm breached a contract and caused nearly 300 people to lose about $3 million in retirement savings.  After Madison-based NeuGen announced plans to lay off about 110 employees in 2022, MassMutual ended the company’s participation in its retirement

Organizers for this year’s Republican National Convention in Milwaukee are preparing for a wide range of possible security threats, ranging from relatively minor disruptions to attacks on critical infrastructure and communications.  Andy Bochman, senior grid strategist for Idaho National Laboratory’s National and Homeland Security directorate, discussed security measures for the

The state’s manufacturing workforce is expected to shrink in the coming years in line with national trends, according to the latest Department of Revenue economic forecast.  Based on the latest revisions to employment data, Wisconsin manufacturing employment fell by 0.5% in 2023, the DOR report shows. The agency expects this