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Category: Business/Technology

It’s a Good Time to Be a US Airline

Adweek

While airlines haven’t exactly been scandal-free over the past few years, the net effect of negative press hasn’t had any measurable effect on profit, said Kaplan. Grounded Boeing planes might mean fewer seats in the sky for some airlines, but that can both drive up prices and offer unaffected airlines the opportunity to pick up new customers and increase capacity.

-Kathryn Lundstrom is a reporter covering breaking news. Before joining Adweek, she wrote about politics for The Daily DONUT, analyzed policy at the Texas Capitol, worked as a fellow for The Texas Tribune and checked facts at Sports Illustrated. She holds an M.A. in journalism and a master of global policy studies from the University of Texas at Austin and got her B.A. in international studies from the University of Wisconsin-Madison.

Co-founders of Madison’s Fetch Rewards named to Forbes’ 30 Under 30

Milwaukee Journal Sentinel

Madison-based Fetch Rewards‘ co-founders Wes Schroll and Tyler Kennedy were named to Forbes’ annual 30 Under 30 listing.

Schroll and Kennedy made the consumer technology list that the magazine announced Tuesday. The pair met while students at the University of Wisconsin-Madison. Schroll dropped out to build the company in 2013.

Governor Declares Energy Emergency As Farms, Rural Residents Create High Demand For Propane

Wisconsin Public Radio

Quoted: Joe Lauer, agronomist at the University of Wisconsin-Madison, said he started advising farmers to start buying propane over the summer after wet weather caused major planting delays across the state.

“Whenever that occurs, we typically have some fairly wet corn,” Lauer said. “We just haven’t gotten a break this year in terms of the weather. It’s been really cold and wet through most of the season.”

Wisconsin Dairy Economists Say 2020 Will Be ‘Restorative’ Year For The Industry

Wisconsin Public Radio

Quoted: The production increase comes after several months of declines from 2018 levels. Mark Stephenson, director of dairy policy analysis at the University of Wisconsin-Madison, said he was surprised by the change.

“(There were) fewer cows than we’ve had in all of our earlier months of the year, so a continued decline there, but milk production per cow had a strong growth,” Stephenson said. “That usually doesn’t happen unless we have pretty good quality feed and a real strong incentive to produce milk.”

Harvest Struggles Across Wisconsin Could Impact Supply Of Livestock Feed

Wisconsin Public Radio

Quoted: Liz Binversie, agricultural educator for University of Wisconsin-Extension in Brown County, said she has heard farmers describe silage as like pickling vegetables.

“You’re kind of pickling the feed, right? You’re preserving it long term. And what’s doing that is the microbial population,” Binversie said.

Foxconn Innovation Centers On Hold Across The State

Wisconsin Public Radio

Not long after Foxconn Technology Group announced plans to build a massive manufacturing facility in southeast Wisconsin, the tech giant began making promises to share its model for economic development across the entire state. But 18 months after purchasing its first building in downtown Milwaukee, there is little evidence that what Foxconn calls its innovation centers are moving forward.

Wisconsin’s aging workforce threatens the state’s economic vitality, but there are solutions available

Milwaukee Journal Sentinel

Noted: The state could focus on attracting more people from other states or countries. Our research has shown more people have moved away from Wisconsin than into the state every year for more than a decade. One option to try to reverse this trend would be for the University of Wisconsin System to continue to increase enrollment of non-resident students at its institutions, which it has already been doing in recent years.

The State of Journalism

Wall Street Journal

The Cost of NewsThe Bureau of Labor Statistics predicts a 10% decline in jobs for reporters, correspondents and broadcast news analysts by 2028, and it isn’t hard to guess why. It’s easy to come by free information in the internet age, so why pay? Unfortunately, there’s no reason to believe that free news is better news.

— Clare Stumpf, University of Wisconsin-Madison, actuarial science

Analysis: 8 Percent of Wisconsin’s Corn Crop Is Mature

Ag Pro

It’s no secret it’s another tight year for row crop farmers in the Corn Belt and Upper Midwest. Analysts say the uncertainty hasn’t changed.

“That’s the status of the farm economy,” said Paul Mitchell, an economist at the University of Wisconsin-Madison. “It’s waiting for results for this uncertainty while we go in to harvest.”

Rockwell Automation makes a move in senior leadership

Milwaukee Business Journal

Noted: Prior to Rockwell Automation, Nicolas worked for General Motors Corp. for nine years. He holds a master of business administration in operations management and master of science in manufacturing systems engineering, both from the University of Wisconsin-Madison. He received his bachelor of science in manufacturing systems engineering from Kettering University in Flint, Michigan.

Instagram Influencer Danielle Bernstein (WeWoreWhat) Launches Tech

Forbes

Noted: Bernstein first entered fashion with the intention of becoming a designer, transferring from the University of Wisconsin-Madison to New York’s famed Fashion Institute of Technology to do just that. With self-taught photo skills and inspiration from her fellow fashionista undergrads, Bernstein shot street fashion and posted it to Instagram, the then-newbie photo sharing platform.

Five signs it’s time to leave your job

NBC-15

We all have frustrating days at the office, but how do you know when it’s just that, or when it’s time to think about moving on? Wisconsin School of Business Senior Lecturer for the Weinert Center of Entrepreneurship, Dr. Phil Greenwood is in the studio — he says there are five clear signs it’s time to leave your job.

Best Places to Work 2019

Madison Magazine

NotedL Madison, home to the highest concentration of millennial workers, was recently named one of the 10 best cities for entrepreneurs and has the second-highest employment outlook in the country. To attract and retain top talent, companies are thinking outside the box. One of the Madison business community’s greatest assets is having a university in town that’s continually preparing potential employees. Amy Achter, the managing director of the Office of Business Engagement at the University of Wisconsin–Madison, says her office works with companies looking for new ways to find students.

Can this virtual reality tour convince you to work in Madison?

Madison Magazine

Imagine this: The doorbell rings and you’re greeted by a delivery person with a box in hand. Inside the box is a virtual reality headset branded with the logo from that one company that’s been encouraging you to visit its office. You decide to give it a shot. You take a seat, slip on the headset and are immediately transported to an apartment in Madison.

Foxconn launches second year of “Smart Cities-Smart Futures” competition in Wisconsin

Milwaukee Journal Sentinel

Noted: Foxconn has partnered with the University of Wisconsin System, the Wisconsin Association of Independent Colleges and Universities and the Wisconsin Technical College System on the “Smart Cities-Smart Futures” competition. Foxconn said it will be visiting colleges and universities across Wisconsin as part of a campus tour to promote the competition and encourage innovative thinkers to put forth their ideas and apply.

Uber Could Save Billions in Taxes With This Little-Noticed Move

Fortune

Quoted: The new IP value generated a big set of “deferred tax assets”—like pre-paid tax payments or credits—in the Netherlands of $6.1 billion, according to Dan Lynch, an associate professor of accounting and information systems at the University of Wisconsin-Madison, who read the quarterly filing. The taxes would be calculated through multiplying profits by the tax rate. The rate could be either 25% or 7%, the lower number reserved for profits from IP “innovation” developed in the Netherlands, according to Dudley.

Backers Say Congressional Plan Would Save Traditional Pensions For Thousands In Wisconsin

Wisconsin Public Radio

Quoted: “Most young people graduating college in Wisconsin are going to be going into work where they are covered by a defined contribution plan, what is also known as a 401(k) plan. Unless they are working for a state entity or some other collectively bargained organization, they are probably not going to have a pension,” said Gordon Enderle, an actuary at the University of Wisconsin-Madison School of Business.

Both sides in 2020 election fight are watching farm country for political fallout from Trump tariffs

Milwaukee Journal Sentinel

Quoted: Even glimmers of good news come these days with a sobering twist. Milk prices have rebounded a little, but partly because enough farmers have quit that it has reduced milk production, said Matt Lippert, a University of Wisconsin-Extension agricultural agent in Wood County.

“Some of them are supportive of the president and say, ‘We just have to be patient. We’ve not been (treated) fair and the president is going to fix it.’ Then some of them are like, ‘We’ve given him enough time already.’ And there are others who are like, ‘No this wasn’t the way ever to do it.’ But they all uniformly think that loss of markets and the tariff thing is hurting them.”