Marshall & Ilsley Corp. said Thursday that it plans to increase its allowance to cover bad loans and leases by up to $900 million because of continuing deterioration in the housing market. (MI)
The Public Service Commission of Wisconsin Thursday approved monthly increases in 2008 electric rates for We Energies and Wisconsin Public Service Corp. customers due to increased fuel costs for the companies. (WEC) (TEG)
The United States Bowling Congress will lay off 160 employees and permanently close its headquarters in Greendale in the fall as part of the move of its operations to Arlington, Texas.
Silverstone Partners Inc. will receive a $409,500 brownfields grant from the Wisconsin Department of Commerce to help finance the redevelopment of property in Kenosha County.
Modine Manufacturing Co. said Thursday that its plant in Harrodsburg, Ky., will double its work force after assuming production from a plant in Camdenton, Mo., that the Racine manufacturer will close over the next 18 to 24 months. (MOD)
In an video presentation to Anheuser-Busch Cos. employees and wholesalers Wednesday, chief marketing officer Dave Peacock said the St. Louis brewer will implement price increases this fall as part of its new strategic plan to boost shareholder value. (BUD)
Centene Corp. closed Tuesday on its $80 million purchase of Celtic Group Inc., a nationwide health insurance carrier, Centene announced Wednesday. (CNC)
Fiserv Inc. said Wednesday that it has agreed to sell a majority interest of its insurance businesses, while simultaneously announcing a 10-million-share stock repurchase authorization. (FISV)