Quoted: Dean “had bigger, industrywide issues with the consumption of milk products. But the loss of the Walmart business was just another thing they didn’t need,” said Mark Stephenson, director of dairy policy analysis at the University of Wisconsin-Madison.
Category: Business/Technology
It’s a Good Time to Be a US Airline
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
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.
Wisconsin’s job market has shifted since Great Recession
Noted: Having the University of Wisconsin is a big asset for Madison, where 44.8% of adults 25 and older have a bachelor’s degree or higher. That compared with 34.5% in metro Milwaukee and 27.1% in the Green Bay area.
Amazon picks UW Health doctor as a ‘Women owned small business of the year’ finalist
Her success has been recognized by Amazon. She was one of the finalists for “Woman owned small business of the year.” She finds out at the end of November if she won!
As Utilities Cut Carbon Emissions, Some Transitioning Faster To Renewables
Quoted: However, Greg Nemet, public affairs professor at the University of Wisconsin-Madison and affiliate with the Wisconsin Energy Institute, said the cost of batteries now looks like solar around a decade ago.
Dean Foods, one of nation’s largest dairy processors, files for bankruptcy
Quoted: “I think that certainly was a blow for them, but it was only one of many they’ve had,” said Mark Stephenson, director of dairy policy analysis at University of Wisconsin-Madison.
My Son Will Probably Not Take A High School Personal Finance Course. Here’s Why.
Similarly, the University of Wisconsin-Madison features for-credit classes, workshops and individual consultations in its Badger$ense Financial Life Skills program.
‘Who built this beautiful place?’ Despite Trump’s visits to his properties, some of his businesses show new signs of financial decline.
Quoted: “A night or two? Not so much,” said Mark Eppli, a University of Wisconsin business professor who reviewed financial data on Trump’s hotel in Chicago at the request of The Post. “It’s one night out of 365.”
Governor Declares Energy Emergency As Farms, Rural Residents Create High Demand For Propane
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.”
To meet rising demand in field, the School of Computer, Data and Information Sciences adds data science major
School also plans to have data science certificate in future.
A summit in Egypt will decide the future of 5G and weather forecasts
Quoted: “This isn’t a one and done with 24GHz. We could be having similar discussions about a few other important bands,” says Jordan Gerth, an atmospheric scientist at the University of Wisconsin at Madison. That’s because satellites use other high-frequency bands to study things like clouds and air temperature.
Wisconsin Dairy Economists Say 2020 Will Be ‘Restorative’ Year For The Industry
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.”
Google moves into new Madison office with sweeping views of the Isthmus
Having an office in Madison allows Google to leverage the talent at UW-Madison, Naughton said. A former UW-Madison professor of computer sciences, he earned his bachelor’s of science degree from the university in 1982.
Harvest Struggles Across Wisconsin Could Impact Supply Of Livestock Feed
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
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.
Wages for residential construction workers near 20-year high
Noted: The study, titled “Impact of Real Estate on Wisconsin’s Economy,” was authored by Mark Eppli of the University of Wisconsin-Madison Graaskamp Center for Real Estate and uses wage data from the U.S. Bureau of Labor Statistics for the 2001 to 2017 period.
Little movement in Foxconn innovation centers in Madison, across Wisconsin
In Madison, Foxconn has said it intends to use part of the nearly century-old, six-story office building at 1 W. Main St. to serve as its off-campus hub to collaborate closely with UW-Madison faculty and students on research in medical, material, computer and data sciences.
Little movement on Foxconn ‘innovation centers’ in Wisconsin
MILWAUKEE — Foxconn Technology Group promised to make a splash in Wisconsin beyond the sprawling manufacturing facility it is building in the southeast of the state, but there’s little evidence that plans to build the so-called “innovation centers” are moving forward.
Wisconsin’s aging workforce threatens the state’s economic vitality, but there are solutions available
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 women who made themselves billionaires
Noted: Faulkner said that she first worked on an electronic health records system as a project when she was pursuing a master’s degree in computer science at the University of Wisconsin-Madison.
With help from cheese, milk prices finally improving
Quoted: Mark Stephenson is the director of dairy policy analysis with the University of Wisconsin-Madison. “We’re about $1.30, $1.40 higher per hundredweight on milk than we were this time last year,” Stephenson says. “So we’ve had a definite improvement.”
WEDC, UW System award grants to help 8 Wisconsin companies bring products to market
To promote the commercialization of those businesses, the Wisconsin Economic Development Corp. and University of Wisconsin System awarded eight of those companies further funding through its SBIR Advance fund to help them bring products to market.
UW Student Group Looks to Diversify Design
Diverse Thinking in Design partners with local organizations and high schools with marginalized communities to offer access into the design industry.
The State of Journalism
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
The Technology 202: Satya Nadella wants Microsoft to be the tech company the government trusts — and buys from
The U.S. Supreme Court declined to review a 2018 decision to throw out more than $500 million in damages owed by Apple to the University of Wisconsin for infringing on one of its patents. The win for Apple comes as it endures heavy scrutiny from federal regulators over its business practices.
UW claims Apple violated patent, US Supreme Court declines to hear case
WARF spokesperson ’disappointed’ in Supreme Court decision.
Supreme Court denies UW-Madison appeal in patent battle with Apple
The U.S. Supreme Court refused to hear an appeal Monday by UW-Madison’s patent licensing arm to reestablish a legal victory against Apple in a dispute over computer processor technology.
School of Business adds analytics graduate program to boost job search
Introduced in Fall 2019, the degree hopes to optimize experiential learning through real-world computing projects and a variety of industry specific analytics courses — a skill many students feel they lack coming out of undergrad.
11 scientific reasons why attractive people are more successful in life
Noted: Joseph T. Halford and Hung-Chia Hsu, researchers from the University of Wisconsin Milwaukee, tested whether the appearance of a company’s CEO is related to shareholder value.
They found stock prices rose higher for businesses with attractive CEOs after positive news about the company aired on TV.
Wisconsin farmers coping as dairy herd declines
Quoted: “It’s a shake-out. This is not just a bump on a trend line. This is a pretty big change,” said Mark Stephenson, Director of Dairy Policy Analysis at the University of Wisconsin-Madison.
UW-Madison, Wisconsin Cheese Makers Association Hosting National Initiative To Support Dairy Industry
During a visit to a Westby creamery on Monday, U.S. Sen. Tammy Baldwin, D-Wis., says she’s hopeful the Senate will approve an $18 million increase for the Dairy Business Innovation Initiative.
U.S. Supreme Court snubs University of Wisconsin appeal in patent fight with Apple
The U.S. Supreme Court on Monday refused to hear a bid by the University of Wisconsin’s patent licensing arm to reinstate its legal victory against Apple Inc (AAPL.O) in a fight over computer processor technology that the school claimed the company used without permission in certain iPhones and iPads.
Foxconn pledges $50 million for research center at University of Illinois
Noted: An earlier pledged contribution by Foxconn of up to $100 million to the University of Wisconsin-Madison has been slow to develop.
Analysis: 8 Percent of Wisconsin’s Corn Crop Is Mature
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
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.
Scientists create an advanced hat that could reverse balding
It’s a commonly known fact that by the age of thirty-five, two-thirds of men will experience some form of balding. That figure only increases as males age and hair thinning progressively increases.
Instagram Influencer Danielle Bernstein (WeWoreWhat) Launches Tech
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.
Census Finds Widening Income Inequality In US
Interview with Timothy Smeeding, Lee Rainwater Distinguished Professor of Public Affairs and Economics.
As the economy teeters, Trump’s ‘eighth wonder of the world’ wobbles with it
Quoted: “Every couple of months there’s been a different plan,” said Steven Deller, an economist at the University of Wisconsin at Madison. “First it was 13,000 jobs. Now it might be 1,000 jobs. They’ve really scaled back on what they plan to do.”
Aaron Olver: Better transit is key to keeping Madison strong, tackling challenges
Column by Aaron Olver, Managing Director of University Research Park in Madison.
Harry Potter’s Broadway Box Office Tactic Cloaks Drop in Demand
“When supply is fixed (as in this case), a decrease in demand requires a decrease in price to clear the market,” stated University of Wisconsin-Madison professor Alan Sorensen.
Are DTC brands disrupting the original furniture disruptor?
Quoted: Of the new DTC brands, Hart Posen, professor at the University of Wisconsin-Madison’s school of business, said, “You get the sense from looking at all of them that this is not your Ikea construction set. This is a high-quality product with a superior flat-pack to construction technology.”
Five signs it’s time to leave your job
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
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?
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.
Fujifilm Cellular Dynamics prepares to open ‘cleanroom’ facility
FCDI’s new $21 million facility, next to its headquarters at University Research Park, will meet the Food and Drug Administration’s strict standards for Good Manufacturing Practice.
Madison home to at least 10 stem cell companies
Fujifilm Cellular Dynamics Inc. is one of at least 10 stem cell companies in Madison, most started by UW-Madison researchers.
Booming CS Demand Brings Ex-Acquia CEO Back to His UW Roots
Tom Erickson was ready to retire to Australia. But then the Wisconsin native and veteran technology executive got an offer from his alma mater that he decided he couldn’t pass up.
U.S. farmers, battered by low commodity prices and trade war, brace for things to get worse
“We would have had problems even without the trade war,” said Paul Mitchell, director of the Renk Agribusiness Institute at the University of Wisconsin-Madison.
UW-Madison requires new authentication software for students to log in
UW-Madison rolled out a new Multi-Factor Authentication Software Monday in an attempt to eliminate the numerous hacking issues the university has faced.
Foxconn pledged $100 million to UW-Madison. The school has so far received $700,000.
Roughly a year since Foxconn Technology Group pledged $100 million to help fund a new UW-Madison engineering building and company-related research, the university said it has received $700,000, less than 1% of the original commitment.
Foxconn launches second year of “Smart Cities-Smart Futures” competition in Wisconsin
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
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.
With States and the Feds Investigating Google and Facebook, the Legal Pressure Is Ramping Up
Quoted: “The nightmare for the companies is having 50 different state proceedings, which could indeed wind up commanding different results,” said Peter Carstensen, a former attorney at the antitrust division of the DOJ and a professor of law emeritus at the University of Wisconsin-Madison Law School.
Tom Still: UW-Madison computing effort moves forward
Column: Tom Erickson is quick to talk about his days growing up in the western Wisconsin community of Mondovi, just south of Eau Claire, as well as his time as a computer and electrical engineering student at UW-Madison.
UW launches new school of computer science, responding to student demand and workforce need
The University of Wisconsin-Madison announced on Thursday the creation of its first new school in two decades, responding to high demand from students and a burgeoning need in the state’s workforce.
New UW-Madison school emphasizes computing and data
The University of Wisconsin-Madison has established a School of Computer, Data & Information Sciences (CDIS) in the College of Letters & Science and will partner with industries to provide them with an advantage in the latest technology.
Backers Say Congressional Plan Would Save Traditional Pensions For Thousands In Wisconsin
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.
Lawmakers introduce bills to help Wisconsin farmers amid dairy crisis
Noted: Under one bill, $224,000 would pay for two new employees within the University of Wisconsin Center for Dairy Profitability in Madison to help farmers with financial decisions related to the transfer of their operations to a new generation or new owners.