WEDC optimistic about Foxconn deal

Wisconsin Economic Development Corp. Secretary Missy Hughes said she’s optimistic about a new deal with Foxconn, but dodged on the details. WEDC asked to work with Foxconn on a new agreement that aligns with the company’s plans for development in

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Corporate collections boost state GPR

Corporate collections rose 72.6 percent to date in fiscal year 2021 compared to last year. Despite a pandemic-induced recession, that corporate tax boost helped Wisconsin see a 5.2 percent increase in GPR collections in the first five months of the

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Home sales surge as mortgage rates hit all-time low

Existing home sales continued to surge in Wisconsin as mortgage rates hit a new record low in November, according to the Wisconsin Realtors Association’s latest monthly analysis.  The home sales report shows Wisconsin on a record pace for sales while

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WEDC optimistic about Foxconn deal

Wisconsin Economic Development Corp. Secretary Missy Hughes said she’s optimistic about a new deal with Foxconn, but dodged on the details. WEDC asked to work with Foxconn on a new agreement that aligns with the company’s plans for development in southeastern Wisconsin. WEDC ruled Foxconn was not eligible for $3

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Evers, DHS call for more vaccines from federal government

Gov. Tony Evers and the Department of Health Services are calling on the federal government to increase the state’s weekly COVID-19 vaccine dose allocation.  The state is getting about 70,000 doses per week from the federal government, health officials said last week. This week, Wisconsin needs more than 10,000 additional

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MATC President hopes to pursue more community collaboration in 2021

Financial losses and pandemic-influenced enrollment fluctuations have left Madison Area Technical College looking to surrounding communities for guidance.  “Our planning was not just for the fall. Our planning is looking out five, six years, and how we can meet community needs,” MATC President Jack Daniels III (pictured above) told a

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WEDC allocates $1.7M to nine regional groups, three chambers of commerce

The Wisconsin Economic Development Corp. is allocating nearly $1.7 million for nine regional groups and three chambers of commerce as “key strategic partners” for the coming year. The money comes as regional economic development organizations face private-sector funding challenges while supporting their communities in recovering from the economic impacts of

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Advisory panel discusses next eligible vaccine recipients

Wisconsin has vaccinated a fifth of its priority patients, and the advisory committee to the state health department is deciding who will be next.  The state will not wait to vaccinate all 450,000 frontline health care workers and long-term care residents and staff before moving on to “phase 1B” —

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Construction groups support proposals to combat worker misclassification

Construction association groups are voicing their support for task force recommendations aimed at combating worker misclassification and payroll fraud. Wisconsin is losing $200 million in tax revenue annually due to payroll fraud, according to a study on worker misclassification released in early 2020. The state lost $91.2 million in personal

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Corporate collections boost state GPR

Corporate collections rose 72.6 percent to date in fiscal year 2021 compared to last year. Despite a pandemic-induced recession, that corporate tax boost helped Wisconsin see a 5.2 percent increase in GPR collections in the first five months of the 2021 fiscal year over the previous year, according to the

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Wisconsin provides free, at-home COVID-19 saliva tests

The state has entered a contract with Vault Medical Services that will provide free, at-home COVID-19 saliva collection kits to everyone who lives in Wisconsin. Wisconsinites can now order a collection kit online and have it shipped to their home. The kit has instructions on how to collect the saliva,

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Home sales surge as mortgage rates hit all-time low

Existing home sales continued to surge in Wisconsin as mortgage rates hit a new record low in November, according to the Wisconsin Realtors Association’s latest monthly analysis.  The home sales report shows Wisconsin on a record pace for sales while continued low inventory levels pushed home prices even higher.  November

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Wisconsin’s unemployment rate fell to 5 percent in November

Wisconsin’s unemployment rate fell to 5 percent in November from 6 percent in October, according to data from the U.S. Bureau of Labor Statistics. The rate jumped in October from 5.4 percent in September after months of steady decline from a peak of 13.6 percent in April. The spring’s record

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Packers grant $250K toward financial literacy lab at UW-Green Bay

The Green Bay Packers are granting $250,000 toward the establishment of the Willie Davis Financial Trading and Investment Laboratory at UW-Green Bay’s growing business school.  The donation honors Hall of Famer Willie Davis, who passed away in April. He was a member of all five of Vince Lombardi’s NFL title-winning

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Wisconsin pro teams hopeful for championships, full stadiums

Wisconsin’s professional sports teams are teaming up with Microsoft to form the Equity League, a new division of venture capital fund TitletownTech.   The news broke ahead of a WisPolitics.com-Milwaukee Press Club virtual event featuring the Milwaukee Bucks, Green Bay Packers and Milwaukee Brewers. The first-ever social change partnership between the

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Nuclear energy could be path to Wisconsin’s zero-carbon future

The cheapest path to Wisconsin’s zero-carbon pledge is through the readily available technology of reliable, low-emission nuclear energy, according to a UW-Madison professor. But Wisconsin has just one nuclear energy plant — Point Beach Nuclear Plant in Two Rivers. And nuclear power accounts for 7 percent of the state’s energy

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Trade leaders advocate for reviving the Trans-Pacific Partnership

U.S. Rep. Ron Kind said he thinks a new Biden administration should look at reviving the Trans-Pacific Partnership.  “I think our withdrawal from TPP is one of the greatest strategic mistakes we’re making in the 21st century,” the La Crosse Dem and Ways and Means Committee member told a WisPolitics.com/WisBusiness.com

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