Bank contributes $50,000 to Little John’s
One Community Bank announced a $50,000 donation to Little John’s, an effort to end food insecurity in the local community.
Banking & Finance
HK acquires Oshkosh firm
Honkamp Krueger & Co. has acquired Nigl Accounting LLP, a CPA firm located in Oshkosh, Wisconsin.
Co-owner of Madison Media Partners plans to fend off hostile takeover
Lee Enterprises, co-owner of Madison Media Partners and the Wisconsin State Journal, said it had approved a plan to guard against a hostile takeover by New York hedge fund Alden Global Capital.
Fitchburg telehealth startup raises $700K
Nurse Disrupted Inc., a Fitchburg-based startup founded by a former employee of Epic Systems Corp. has raised $700,000 from Wisconsin investors.
Greater Madison MPO announces $20 million in federal funding for local projects
The Greater Madison Metropolitan Planning Organization (MPO) has approved more than $20 million in funding for bicycle/pedestrian and roadway projects through the federal Surface Transportation Block Grant (STBG) – Urban program.
Madison biotech startup receives $400,000, plans relocation
Madison-based biotech startup Geno.Me plans to relocate to Milwaukee after receiving $400,000 in seed funding from Milwaukee-based venture capital firm Gateway Capital Partners.
Savant Wealth Management to acquire Filbrandt & Company
Rockford, Ill.-headquartered Savant Wealth Management announced plans to acquire Filbrandt Wealth Management of Madison (Filbrandt & Co.).
$20 million in state workforce grants announced
Gov. Tony Evers and the Wisconsin Department of Workforce Development (DWD) announced $20 million in Workforce Advancement Initiative Grants to 11 regions in Wisconsin.
5 community organizations win grants to install solar arrays
The city of Madison has awarded MadiSUN Backyard Solar grants to five community organizations to install rooftop solar arrays.
State provides $140 million to destination marketing organizations
As part of his $140 million American Rescue Plan Act fund investment in Wisconsin's tourism and entertainment industries, Gov. Tony Evers has awarded $15 million in grants to destination marketing organizations (DMOs) throughout Wisconsin.
Investors flock to electric truck startup Rivian
In yet another sign that the electric vehicle market is hot and getting hotter, shares of Rivian Automotive Inc., a startup company that manufactures electric pickup trucks, jumped in the company’s initial public offering.
County board approves 2022 budget
The operating budget totals $660,577,196 and the capital budget is $94,175,900.
SBA lending tops $1 billion in Wisconsin
For the year ending Sept. 30, 2021, the Small Business Association (SBA) and SBA-approved lenders made an unprecedented investment of $1.074 billion through 1,744 loans to Wisconsin small businesses and $20 billion in COVID relief economic aid.
DFI, DATCP issue warning to cryptocurrency investors
The Wisconsin Department of Financial Institutions (DFI) and the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP) are warning investors of opportunities that sound ‘too good to be true’ in cryptocurrency investments.
Take Five with Elliott Eisenberg, Part 2: Signaling interest rate hikes early could stave off recession
Elliot Eisenberg, the man who makes the “dismal science” of economics both entertaining and informative, recently gave IB his take on the 2022 economy, and he’s cautiously optimistic.
Nominations open for financial literacy awards
The Governor’s Council on Financial Literacy and Capability has opened nominations for the Governor’s Financial Literacy Awards for organizations that help elevate financial literacy and capability.
Take Five with Elliott Eisenberg: Economic forecast is growing but slowing
Elliot Eisenberg, the man who makes the “dismal science” of economics both entertaining and informative, recently gave IB his take on the 2022 economy, and he’s cautiously optimistic.
Bills passed by Assembly could shift property tax burden
The Wisconsin Assembly passed a package of bills that the Madison assessor warned could shift property taxes from businesses to homeowners.
Former marketing director pleads guilty to defrauding hospital
Barbara Bortner, 57, former vice president of marketing and public relations for Mercyhealth of Janesville, has pleaded guilty to fraud in a scheme that resulted in a loss of more than $3.1 million.
Financial services company to move
Triumph Wealth Management LLC will move Nov. 1 from 525 Junction Road, Suite 8100N, to 1241 John Q Hammons Drive, Suite 501.
