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Biz Report Archive

Title Issue

Wind farms targeting Hawaiian surf?

The state of Hawaii has reportedly been in discussions with two wind-farm companies to construct wind turbines in federal waters far off the south shore of Oahu in waters a half-mile deep. The wind farms would likely include between 40 and 50 turbines connected to floating platforms just under the water’s surface and anchored to the ocean floor with undersea cables. Reportedly, the turbines would be located too far away to spoil the view from Oahu’s beaches.

May 2016

Feds expand overtime rules

More than 4.2 million workers will be able to receive overtime after the feds expanded rules that increased the annual salary threshold at which companies can deny overtime from $23,660 to $47,500.

May 2016

Charter-Time Warner deal nearly complete

The sale of Time Warner Cable to Charter Communications was completed after the deal received regulatory approval. When finalized, the $55.1 billion deal will create the second-largest cable TV and Internet provider in the country, second only to Comcast.

May 2016

Four drunkest cities are in Wisconsin

A new report from the AOL-Huffington Post financial news site 24/7 Wall St. found that Appleton is the drunkest city in the nation, followed by Oshkosh-Neenah (#2), Green Bay(#3), Madison (#4), La Crosse (#6), and Fond du Lac (#7) in the top 10.

May 2016

Globe University consolidates campuses

Only one Globe University campus will remain in Madison after June 30.

May 2016

Wollersheim harvest bit by cold

A spring cold snap seriously bit the vineyards at Wollersheim Winery in Prairie du Sac, and will result in the worst crop loss in about 30 years, according to reports.

May 2016

Union Corners phase II to break ground

Gorman & Co. announced a groundbreaking event scheduled for May 18 for phase II of the $60 million Union Corners development encompassing 7.6 acres at 2518 Winnebago Street in Madison.

May 2016

Uno Pizzeria closes west side location unexpectedly

Uno Pizzeria and Grill on Mineral Point Road in Madison closed suddenly May 16.

May 2016

Sector 67 pulls out of StartingBlock

It was supposed to be StartingBlock Madison’s shining startup star, but now comes word that Sector67 has decided not to move to the high-rise entrepreneurial Cosmos building because it would be unable to take ownership of its own maker space according to terms of a five-year lease. The plan was for Sector67 to occupy 9,000 of StartingBlock’s 50,000-square-foot space.

May 2016

Local businesses owe back wages

In a report from the Wisconsin State Journal, the U.S. Department of Labor’s Wage and Hour Division alleges that as many as 24 Madison-area companies must pay 275 employees back for wages they never received.

May 2016
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