×

Top News & Analysis Wisconsin

  • WASHINGTON— The White House has sent Congress a $44 billion disaster aid request that's already under attack from lawmakers from hurricane-hit regions as way too small. The request issued Friday, President Donald Trump's third since hurricanes Harvey, Irma and Maria slammed the Gulf Coast and Caribbean, would bring the total appropriated for disaster...

  • WINNIPEG, Manitoba/ MONTREAL, Nov 17- Canadian National Railway Co plans to extend a major hiring spree into next year as Canada's biggest freight railroad scrambles to handle surging shipments and fill vacancies, a company official said on Friday. The 5,500 new hires in Canada and the United States would represent nearly one-quarter of CN's workforce, and...

  • WINNIPEG, Manitoba/ MONTREAL, Nov 17- Canadian National Railway Co plans to extend a major hiring spree into next year as Canada's biggest freight railroad scrambles to catch up with surging shipments and fill vacancies, a company official said on Friday. The 5,500 new hires in Canada and the United States represent nearly one-quarter of CN's total workforce,...

  • The Didion Milling Co. corn processing plant in Cambria exploded on May 31, killing five workers and injuring 12 more, including an employee who had to have both legs amputated after the blast sent a railroad car crashing down on him. OSHA officials proposed fining the company $1.84 million. The company has 15 business days from receiving the citations to comply...

  • The chairman of the Council of Economic Advisers says he met yesterday with a senator who opposes the senate's tax overhaul plan. Kevin Hassett tells reporters at the White House Friday that he met Thursday with Wisconsin Sen. Ron Johnson, who opposes the Senate bill that would slash the corporate tax rate and reduce personal income tax rates for many.

  • A measure passed the House of Representatives on Thursday, moving the action to the Senate, where the plan has already encountered resistance. Republicans control the Senate by a 52-48 margin, leaving little room for defections. Senator Ron Johnson of Wisconsin surprised colleagues on Wednesday by becoming the first Republican to announce opposition to the...

  • Thorny problems await in the Senate, though. But in the Senate, a similar measure received a politically awkward verdict from nonpartisan congressional analysts showing it would eventually produce higher taxes for low- and middle-income earners but deliver deep reductions for those better off. The Senate bill was approved late Thursday by the Finance...

  • Nov 16- Wall Street's main indexes marched higher on Thursday, driven by gains in Wal-Mart and technology shares, while investors awaited a vote on the Republican tax bill. Wal-Mart surged as much as 9.10 percent to hit a record high of $98.01 after reporting U.S. same-store sales that beat expectations on hurricane-related purchases and soaring online sales.

  • The repeal of the so-called individual mandate is part of a GOP tax cut bill that's a top priority for President Donald Trump and the Republicans. The Finance Committee voted 14-12 along party lines to approve the tax overhaul bill and send it to the full Senate for anticipated passage the week after next. Vice President Mike Pence says "now the ball is in the...

  • Nov 16- The S&P 500 index recovered from its worst two-day fall since August on Thursday after Wal-Mart and Cisco shares soared on strong results. Wal-Mart surged 8.74 percent to hit a record high of $97.90 after reporting quarterly sales that beat expectations on hurricane-related purchases and soaring online sales. Good earnings and strong economic data...

  • *Upcoming China tech IPOs may opt for Hong Kong. HONG KONG, Nov 16- It's not often Hong Kong can boast hotter initial public offerings than New York, but some recent deals and a potential pipeline of big Chinese tech floats suggest a shift in the balance between the two fundraising rivals. While New York is set to top the IPO league this year, it's Hong Kong which is...

  • Emerson Electric again boosted its buyout offer for Rockwell Automation, adding about $1.4 billion to entice the industrial automation company. Rockwell Automation said Thursday it is reviewing the unsolicited offer. In morning trading, Rockwell Automation shares jumped nearly 7 percent, or $12.90, to $201.64.

  • MILWAUKEE _ Brady Corp. on Thursday reported fiscal first-quarter net income of $25.8 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Four analysts surveyed by Zacks expected $287.4 million.

  • MIDDLETON, Wis. _ Spectrum Brands Holdings Inc. on Thursday reported fiscal fourth-quarter net income of $94.9 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share. Six analysts surveyed by Zacks expected $1.3 billion.

  • The mostly party-line 227-205 vote masked more ominous problems in the Senate. The Senate bill was approved late Thursday by the Finance Committee and sent to the full Senate on a party-line 14-12 vote. Elimination of the so-called individual mandate would add an estimated $338 billion in revenue over 10 years that the Senate tax-writers used for other tax...

  • MONROE, Mich.— Competing in a bass fishing tournament two years ago, Todd Steele cast his rod from his 21- foot motorboat— unaware that he was being poisoned. A thick, green scum coated western Lake Erie. He recovered, but Lake Erie hasn't.

  • Their views could signal problems for Senate Republicans, who want to pass tax legislation by December but can afford to lose no more than two votes from their ranks because they have only a 52-48 majority in the Senate. "Neither the House nor Senate bill provide fair treatment, so I do not support either in their current version," Johnson said in a statement, adding...

  • CHICAGO/ NEW YORK, Nov 15- States and local governments face additional revenue risks under U.S. House and Senate Republican tax reform bills from a potential loss of a federal subsidy and increases in standard taxpayer deductions that would cut cash to some state coffers. Now, the U.S. House of Representatives bill, which was unveiled Nov. 2, could knock out a...

  • Republican Senator Ron Johnson of Wisconsin said he would not vote for the proposal being debated by the Senate Finance Committee, telling the Wall Street Journal that it unfairly benefited corporations over other kinds of businesses. Their views could signal problems for Senate Republicans, who want to pass tax legislation by December but can afford to...

  • Republican Senator Ron Johnson of Wisconsin said he would not vote for the proposal being debated by the Senate Finance Committee, telling the Wall Street Journal that it unfairly benefited corporations over other kinds of businesses. Their views could signal problems for Senate Republicans, who want to pass tax legislation by December but can afford to...