Quoted: Harry Argue, a former banking executive and retired president of the Graduate School of Banking at UW-Madison.
Category: Business/Technology
Student-founded ordering service sees rise in business
Run by three UW-Madison students, local online ordering service BadgerBites.com has seen unprecedented traffic in the wake of demonstrations at the Capitol over the past two weeks.
SSFC pushes free Union membership for UW grads
The student government asked the Wisconsin Union to consider giving lifetime memberships to every student who graduates from the University of Wisconsin during a meeting Monday.
Hundreds protest outside of Koch lobby office
While hundreds of people protested on the sidewalk, a maintenance worker with Urban Land Interests stood Thursday outside the building housing the lobbying offices of Koch Industries, Inc. A security guard stood inside.
“We?re watching out for our tenants,” said the maintenance worker, who declined to be identified. “He is hired by us to keep people out of our building and to protect the privacy of our tenants – not necessarily for Koch, but our tenants in general,” he added, of the security guard. “We can?t have people walking through who don?t belong there.”
Biz Beat: Will Walker moves hurt or help business?
Economists continue to sift through Gov. Walker?s budget repair bill, wondering what impact a pay cut for thousands of public workers might have on the local business community. If workers have less disposable income in their pockets, the thinking goes, they?ll have less to spend on furniture, eating out or a new car.
One analysis released Wednesday by a UW-Madison Extension economist suggests that laying off 1,500 state employees, as Walker has threatened, would actually have less negative impact on the economy than subjecting some 350,000 public employees in Wisconsin to a 7.7 percent cut in take-home pay. That pay cut figure is based on employees contributing to their pensions and more to their health insurance.
Quoted: Steven Deller of Extension’s Department of Agricultural and Applied Economics
Madison?s vending committee makes changes to vending regulations during football gamedays
The Madison Vending Oversight Committee approved a proposal to improve football gameday vending regulations for safety purposes Wednesday.
UW students develop phone app to find grocery products and coupons locally
A new smart phone application developed by three UW-Madison students can help shoppers find local products at a grocery store and learn more about them. The True Local iPhone app was launched Wednesday at Fresh Madison Market, the only store that has been licensed to use it. The app can scan a barcode, list local products by categories and provide coupons that can be scanned off the phone at checkout.
Economist Knetter warns partisan politics will stall recovery; favors UW-Madison split (WisBusiness.com)
Former UW-Madison Business School dean Michael Knetter railed Tuesday against partisan politics, saying the rancor and uncertainty endangers the nation?s economic recovery. Knetter said it?s harder than in the past to predict how the economy will recover because of contentious politics and what he calls “policy uncertainty.”
Vital Signs: Media hones in on Koch brothers and Walker’s proposal to sell state energy plants
No wonder Gov. Walker was in such a hurry to get his budget repair bill passed. Every day new stuff comes out about it. The labor issues were obvious and got all the attention for a while. But then people started uncovering the fact that the bill would hand the Walker administration sweeping powers to revamp Medicaid with little public and legislative input. Now a third piece of the 144-page bill is making headlines ? a power grab some critics believe could be political payback to the conservative Koch brothers.
FluGen obtains $7.8 million in new financing
FluGen, of Madison, has received $7.8 million to begin human clinical trials, probably this fall, of its product: a painless, microneedle skin patch the size of a poker chip that will be used to deliver vaccines against influenza and other illnesses. Its technology is licensed through the Wisconsin Alumni Research Foundation.
Athletic Board raises hockey ticket prices
The UW Athletic Board approved a $2 ticket price increase for men?s hockey tickets and a budget proposal of $93.4 million for the 2011-?12 season Friday.
Athletic Board raises hockey prices, worried about budget
University of Wisconsin athletic officials grappled with adopting a budget for the 2011-2012 year of competition in the midst of uncertainty surrounding state budget cuts to the UW as a whole.
ALRC votes to extend law limiting bars downtown, discusses changes that would loosen law
The city?s Alcohol License Review Committee voted Wednesday night to extend an ordinance aimed to limit the growth of new taverns in the student-heavy Downtown district and reverse an uptick in alcohol-related violent crime. The alcohol license density ordinance, passed by the City Council in 2007 and scheduled to sunset on March 5, was extended to July 5 and will be up for a final council vote at the March 1 meeting.
Biz Beat: Wisconsin not only state flexing GOP muscle
File this one under either the A) it could be worse category or B) coming soon from a legislator near you.
Magda Konieczna: UW is economic engine that merits support
Should Gov. Scott Walker focus on cutting state spending ? rather than raising taxes ? to balance Wisconsin?s $3 billion-plus shortfall? The state?s fiscal house is in trouble. That is undeniable. Suggestions to balance the books through large-scale cuts to the university, however, are misguided. Every dollar spent on the UW returns $21 into the state?s economy, according the 2010 NorthStar Economic Impact Study of UW-Madison.
Extensive campus construction to begin in coming weeks
Students can expect construction on the new Gordon Commons and Lakeshore residence hall to begin in the coming weeks as part of a vast University of Wisconsin Division of Housing plan to overhaul the campus neighborhoods.
Bill Berry: UW Extension budget is money well spent
STEVENS POINT ? A recently completed gig called Voices of Rural Wisconsin sent me to all corners of the state and points between for conversations with rural folks. The project, sponsored by the Wisconsin Academy of Sciences, Arts and Letters, was simple in scope: We asked participants to talk about their life experiences and to envision what is needed to ensure a healthy future for rural Wisconsin.
….As state and local elected officials deal with tough budget challenges in the coming days, one can only hope they?ll recognize the value of this outreach arm of the UW System.
Cross Country: Direct dairy sales give some farmers an advantage
Of the 150 or so people in the room attending the annual Quality Milk Conference in Madison this week, most were employees of dairy processing plants across the state. They were members of the Wisconsin Association of Dairy Plant Field Representatives. These are people who are milk quality experts who work closely with dairy producers to ensure that milk meets the highest standards for consumption in the form of milk, cheese, ice cream and a wide array of dairy products.
Biddy, don?t sign on sketchy Huron
Biddy Martin?s actions to hire a firm for what is estimated to be $3 million dollars is not the wise way of figuring out how to save money.
Biz Beat: Main Street knows; it’s all about sales
President Obama has appealed to the goodwill of the business community, asking the Chamber of Commerce to do its patriotic duty and hire more workers. Gov. Walker has proclaimed Wisconsin “Open for Business” and is offering up tax breaks for companies that add more employees. He has also vowed to reduce regulation.
But ask local businesses what matters most and they will tell you: it?s the revenue, stupid.
Bus routes cause traffic problems for Union
After the arrival of Greyhound Bus Lines caused the the elimination of several parking spaces along Langdon Street throughout the past several weeks, city officials have intervened to begin solving the controversy.
John Kaufman: Perverting the progressive Wisconsin Idea
As the University of Wisconsin invokes the Wisconsin Idea to justify its growing scientific collaboration with corporate America, and the once famously publicly oriented government of Wisconsin declares itself ?open for business,? it may help to revisit the true spirit of Wisconsin?s progressive idea.
In 1912 Charles McCarthy, head of the state?s Legislative Reference Bureau, wrote a short book explaining ?The Wisconsin Idea,? the state?s innovative effort to counteract a growing corporate tyranny.
Campus Connection: Dubious past for firm picked as UW consultant
If UW-Madison is looking for ways to save money by becoming more effective and efficient, should it be relying on a consulting firm that has a history of accounting errors?
Campus Connection reported Tuesday that UW-Madison is moving forward with plans to hire the Huron Consulting Group to study if the university is truly a lean and mean educating machine — or whether in can find savings by streamlining certain aspects of its operation. But a few readers pointed out Huron?s past is littered with questionable decisions and legal woes.
Students Oppose Plans For Mifflin Street Development
Some UW students are worried a developer?s plan to build a new apartment building in the Mifflin Street neighborhood will drive up the cost of rent in the campus-area neighborhood.
The plans call for turning Mifflin?s vacant Planned Parenthood building into a 4-story, 45-unit apartment complex. While developers are hoping to offer something new, a group of student residents said that offer may compromise the character of the neighborhood.
Marshall Smith: Development missed by Soglin, Cieslewicz
Watching the crowds before the Super Bowl and major away games for the Packers and Badgers, I note a significant indicator: Most of those people live there. Many of these vital, prosperous people have left Wisconsin and emigrated to lands of economic and personal opportunity. UW-Madison has thwarted much of the exodus through UW Research Park and other vital activities, but Madison has done nothing.
Downtown hotel plans to go before Urban Design Commission next week
As a result of city operations closing down following the season?s largest snowstorm, a proposal for a new limited service hotel building near the University of Wisconsin campus was delayed in passing through the City?s rezoning process.
Ted Tibbitts: Solution coming for texting at the wheel
The concern over texting while driving, emphasized in recent Opinion page articles, is being addressed by Scott Tibbitts, a graduate of the University of Wisconsin. Scott is president of Katasi, a company formed from a team of entrepreneurs to solve the texting problem. This company has developed a small device that can be installed in a car that notifies the cell phone carriers that a particular cell phone is being used by a driver of the vehicle.
Sconnie Nation turning into Packer country
The success of the Green Bay Packers has been a green and gold mine for local retailer Sconnie Nation, which has made fans of the very players they feature. The Madison-based outfitter has sold 3,000 Packers shirts since the team beat the Bears in the NFC Championship game on Jan. 23.
?We?re getting a much bigger boost from the Super Bowl than we did for the Rose Bowl,? company co-founder Troy Vosseller said. Sconnie Nation was founded in 2004 by Vosseller and Ben Feitchner while they were students at UW-Madison. The apparel and products all have Wisconsin themes.
Plain Talk: Seems Walker won?t look beyond his nose
Perhaps he?s hung around too long with those high-rolling supporters of his who have a habit of living only for the next quarter?s financial results while demonstrating little concern for the long term. Because, if Scott Walker hasn?t already demonstrated he?s shortsighted, he hasn?t done anything at all.
Will Wisconsin’s emerging technologies survive under Walker?
….During his first month in office, Walker has proposed strict rules that could hamper the wind power industry, nixed the Charter Street Biomass Project on the UW-Madison campus and returned more than $800 million in federal money for upgrading Wisconsin?s passenger and freight rail infrastructure. There?s also talk about limiting embryonic stem cell research, an issue that?s more symbolic than substantive.
Put together, it?s not exactly what economic development advocates were hoping to see from a governor who?s vowed to create 250,000 new private sector jobs.
Experts debate impact of stock split by Wisconsin Energy – JSOnline
Quoted: Brian Hellmer, director of the applied securities analysis program at the University of Wisconsin-Madison.
Allegra Zick: Is oil industry behind Walker?s priorities?
Almost as fast as the high-speed rail scuttled by Gov. Scott Walker have been his actions to dismantle the biofuel project for UW-Madison?s power plant and the discouragement of wind power project construction throughout Wisconsin.
Steve Limbach: Walker lacks vision for long-range future
As I listened to the president?s State of the Union speech, it became clear how at odds our new governor is with the initiatives that will shape our country and return us to a sound economy. I believe the president has it right in looking at innovation, technology and new green industries as having a huge and saving influence on our long-range future. Gov. Scott Walker, however, does not seem to understand or appreciate these issues…UW-Madison planned to add a co-generation power plant, giving the state an opportunity for new markets in biomass fuels and energy research, while providing clean energy. Walker turned it down.
Walt Hannan: Walker dealing with predecessors? mistakes
Our governor is dealing with the Madison liberal left problem about as rapidly as can be expected. He is looking into all the high-cost foolishness of past administrations…Walker also eliminated the proposed biofuel boiler at the Charter Street heating plant for a substantial cost saving. UW-Madison gets rid of its dirty coal pile and the planners want to replace it with piles of wood chips, corn stalks and the like. Using home-grown products as a fuel source may be desired, but it can be just as effective at a rural location as it would be near the center of our capital city.
County exec hopefuls talk economy at candidates forum
In a forum Thursday night between the candidates for Dane County?s top job, economic development was what everyone was talking about. The five candidates in attendance talked about how to protect vital social services, hold the line on taxes, stimulate the economy and produce more jobs. Candidate Zach Brandon said the county needs to grow its economy and create the right jobs ? not just jobs for people who make $100,000 a year or are UW graduates. “Leadership doesn?t mean waiting to see what (Gov.) Scott Walker does.”
Property Trax: Madison builder wins luxury student dorm contract, one of Michigan’s largest building projects
Stevens Construction Corp. won a competitive bidding process to serve as general contractor for a private residence hall to be built on the edge of the University of Michigan campus in Ann Arbor. Company president Geoffrey Vine told Property Trax the construction contract for the 14-story building was around $42 million.
….Building in and around university campuses isn’t new for Stevens Construction, which has a staff of more than 140 who can do carpentry as well as concrete work on sites. Last year, the company finished two multimillion-dollar, mixed-use projects in Downtown Madison that cater mainly or partly to students.
Maureen Busalacchi: News on economic impact of smoke-free ordinances is good
Dear Editor: There is great news coming out of a recent study by the UW-Madison Carbone Cancer Center. Researchers found smoke-free ordinances in Wisconsin had no negative impact on businesses, including bars and restaurants.
Walker announces Charter Street plant will convert to natural gas
Plans to build a biomass boiler on the University of Wisconsin campus were nixed Thursday, leaving proponents of the plan dismayed at the loss of a potential new energy industry in the state.
Candidates: UW crucial
With budget cuts likely for county and university services throughout the next several years, the candidates for the highest office in Dane County have a wide range of opinions on how the county should interact with the University of Wisconsin.
Smoking bans didn’t harm hospitality industry, new study says
Putting out cigarettes in Wisconsin bars and restaurants did not have a detrimental effect on the hospitality industry, according to a study released Monday. The study, conducted by the Carbone Cancer Center at UW-Madison, looked at five Wisconsin cities, including Madison, where smoking bans went into effect before the statewide ban took hold last summer.
Results showed bars and restaurants in the smoke-free cities continued to do well under no-smoking ordinances, and the number of class B alcohol licenses increased after the ordinances took effect.
Stem cell pioneer Thomson wins prestigious international award
James Thomson, a pioneer in stem cell research at UW-Madison, has been awarded the King Faisal International Prize in Medicine.The prestigious award was established in 1977 by the King Faisal Foundation to recognize outstanding contributions to medical research. Award winners receive $200,000 and a 24-carat, 200-gram gold medal.
Executive Q&A: Failed drug didn?t stop Madison firm
Thanks to the efforts of chief executive officer Trevor Twose and Venture Investors, Mithridion survived the potentially game-ending development and is now moving forward, with 12 employees and a total of $8.4 million in financing since 2005. Twose did post-doctoral research at UW-Madison in the early 1970s and, 30 years later, returned as a biotech consultant and helped UW-Madison professor Fred Blattner start Scarab Genomics, a Madison company that makes drug development tools, before creating Mithridion.
Our 2011 agenda starts with fixing the state budget
Among the priorities for the year: Create more jobs. Cheerleading is fine. Controlling taxes is great. But our new governor also needs to get solidly behind Wisconsin?s growing technology sector while working closely with UW.
Walker kills project to convert power plant to burn biofuels
A plan to spend $100 million on a boiler that would burn plant-based fuels at UW-Madison?s Charter Street power plant was axed Thursday by Department of Administration Secretary Mike Huebsch. The DOA is overseeing the rebuild of the plant. Work will continue on outfitting the plant with new natural gas boilers. According to a 2008 university study, converting the plant to burn biofuel was the most expensive of the options considered and would be about twice as expensive as using other coal-burning technologies or natural gas.
Walker rejects biomass boiler for power plant
Gov. Scott Walker scrapped plans Thursday to convert a power plant to run on natural fuels such as wood chips and paper pellets, a move that could save up to $100 million but drew stern criticism from at least one environmental group. The decision affects the Charter Street Heating Plant on the University of Wisconsin-Madison campus. Its coal-fired burners will be retired next year and were to be replaced with two boilers that run on natural gas and a third that would burn biomass, state officials said.
Cross Country: Ag forum tells of good 2010 for Wisconsin farming
2010 was a good year for Wisconsin agriculture, according to half a dozen UW-Madison agricultural experts speaking to about 150 agriculture folks at the 2011 Ag Outlook Forum.
The occasion was the 25th year of the issuance of ?The State of Wisconsin Agriculture? report compiled by the UW-Madison Department of Agricultural and Applied Economics with the assistance of specialists from a variety of farming enterprise areas.
Biz Beat: UW Hospital to buy Erdman Center property
The Erdman Development Group has scrapped plans for a major real estate development on 15 acres at the corner of Whitney Way and University Avenue. The proposed $7.5 million “Erdman Center” was to have included a six- to seven-story hotel, a restaurant and another building, with space for several retailers.
Instead, the Erdman group has an accepted offer from the UW Hospital and Clinics Authority to purchase the property. A medical clinic had been mentioned during earlier discussions over the site before the Madison Plan Commission.
Green Business: From the West Bank, Fair-Trade Olives (Bloomberg BusinessWeek)
Nasser Abufarha was sipping coffee at a Madison (Wis.) café called Michelangelo?s a few years back when it dawned on him how he might help struggling olive growers in his native Palestine. If the crowd could derive virtuous pleasure from mugs of “fair trade” organic coffee, they might be convinced of the superiority of organic oil pressed from West Bank olives.
Abufarha, a graduate student in anthropology at the University of Wisconsin in Madison, wrapped up his dissertation on suicide bombers and headed home to the West Bank. The olive farming industry there was in a shambles. Yields were low due to poor soil treatment, and farmers were barely breaking even?leading many to abandon their fields and migrate to Palestinian cities, where unemployment hovered around 40 percent.
Dairy experts predict modest recovery in 2011
Quoted: Mark Stephenson, a dairy expert at the University of Wisconsin-Madison, and Bob Cropp, a professor emeritus at UW-Madison.
Dairy farmers saw some financial improvement in 2010, but feed prices remain high
“2010 for dairy was a mediocre year,” said Ed Jesse, the report?s editor and a professor emeritus in the Department of Agricultural and Applied Economics at UW-Madison. “Milk prices were higher, but feed prices remained high and, as a result, profitability has not been as high as it was in the good years for dairy, 2007, 2008.
Crime has dropped downtown ? is the city’s alcohol policy the reason?
It?s been three years since the Madison City Council passed an ordinance intended to gradually reduce the number of downtown bars and liquor stores and therefore crime, but while crime has indeed dropped, neither proponents nor opponents of the ordinance are able to definitely say why.
Bill Berry: Don?t let our kids become lost generation
….A sober but determined focus on improving, strengthening and assuring the relevance of our educational system, from kindergarten through university or technical college, is crucial. If that means streamlining while strengthening and improving, then so be it.
Chris Rickert: Walker’s jobs strategy is a little kooky
Quoted: Andrew Reschovsky, an economist with the UW-Madison La Follette School of Public Affairs.
Madison firm AquaMost raises $1 million from investors
AquaMost, a Madison company with a new type of water purification system developed through UW-Madison research, has obtained $1 million from investors, including Wisconsin Investment Partners, Madison, and the Golden Angels Network, Milwaukee.
Property Trax: Here’s the real estate outlook for Wisconsin as national market stabilizes, but remains fragile
Wisconsin Real Estate Magazine has a good read this month from UW-Madison real estate expert Stephen Malpezzi on the state?s 2011 economic outlook, with a focus on housing markets.
Survey shows economic strength in northeastern Wisconsin
The economic recovery is gracing businesses in northeastern Wisconsin more quickly than those in other parts of the state, including the Madison area, according to a survey sponsored by First Business Bank.
Greyhound Bus Service To Make Stop On UW Campus
Greyhound Express will begin service at the University of Wisconsin?s Memorial Union at 800 Langdon Street starting Monday, Jan. 17. The new bus stop provides passengers a more centralized location for departures and arrivals. Greyhound Express provides direct service to six Midwest cities.
Christine Buckley: Middleton, Wisconsin: Food for My Soul
Whenever I?m sad or sick I still want my mom. Over the years I?ve often wondered if this need for mom will dissipate as I grow older. Yet it hasn?t, and I?m convinced that on some level we all go on wanting our mothers in times of need for our entire lives, no matter how far away we live and no matter how different we are. In search of a change in my life, my dog Yoda and I embarked on our road trip over 2 months ago. The road has brought me tears, lessons, exciting new experiences, new friends, adventures I never imagined possible, and, just in time for Thanksgiving, it brought me Mom.
Mentioned: Babcock ice cream, Babcock Dairy Plant and Memorial Union
Madison surpasses reduction goal for carbon emissions
Madison and a coalition of community partners have far surpassed a clean energy goal of reducing carbon emissions city wide by 100,000 tons over four years, Mayor Dave Cieslewicz announced Wednesday. The coalition, known as MPower, includes Madison Gas & Electric, UW-Madison, Sustain Dane, UW-Extension and others, and documented eliminating 324,443 metric tons of carbon monoxide since the initiative was launched in 2007, Cieslewicz said in a statement.
Monroe manufacturer, UW-Madison to collaborate on electric pickup truck
A Monroe steel manufacturer is helping UW-Madison pursue advances in clean vehicle technology using a new Ford F-150 pickup truck that will be reconfigured for researchers as a rugged, experimental electric vehicle. Engineers at Orchid Monroe will work with a team of graduate students and professors in electrical and computer engineering to convert the truck, which the company purchased.