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NEWS STORIES

State pension fund group rejects WEDC investment requestSubmitted: 02/04/2013
Story By The Associated Press

MADISON - The board that oversees Wisconsin's pension funds has rejected a request from the head of Gov. Scott Walker's semi-private economic development agency to invest $200 million to help startup businesses.

Wisconsin Economic Development Corp. head Reed Hall asked the State of Wisconsin Investment Board in November for the venture capital seed money in November. The board rejected the request, saying that the use of pension funds to pay for economic development initiatives "does not meet our fiduciary duty."

The request for funding as well as SWIB's response is contained in a report submitted by SWIB in December. The Wisconsin Reporter website was the first to report on it.

Hall made the request when he was the interim head of WEDC. Last week Walker named him as the permanent head.



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 IN OTHER NEWS
What We're Working OnSubmitted: 03/02/2015

- Sheriff's Offices here in the Northwoods sometimes struggle to find qualified applicants to become sheriff's deputies. And they're not alone. It's a growing trend across the country. Find out why fewer people are getting into law enforcement and why fewer are qualified, tonight.

We'll have the details on this story and more tonight on Newswatch 12 - news from where you live.

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MADISON - Nearly 100 private and religious schools have applied to be a part of Wisconsin's voucher program next fall.

The state Department of Public Instruction reported Monday that 98 schools applied by the deadline to be in the program where taxpayer-funded subsidies pay for students to attend private schools. That is up from 68 schools that applied for this year.

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3 injured in crashSubmitted: 03/02/2015

MINOCQUA - A Park Falls man will likely face charges for a crash that left three people injured.

It happened Sunday night near the intersection of Blue Lake Road and Strasburg Road in Minocqua.

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MADISON - Round two of the right-to-work fight is set to begin at the Wisconsin Capitol.

The state Assembly labor committee is set to hold a 10-hour hearing Monday about the right-to-work bill that rapidly passed in the Senate last week. Assembly Republicans planned to start the day with a news conference and then convene the hearing.

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2 hurt in 3-car accidentSubmitted: 03/02/2015

PORTAGE CO. - A 3-car crash in Portage county hurt two people Sunday afternoon.

The crash happened on County Highway W near Wisconsin Rapids.

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ESCANABA MI - Three Upper Peninsula school bus drivers say in a gender discrimination lawsuit that their buses showed signs of tampering.

The Daily Press of Escanaba reports (http://bit.ly/1GbBGlp ) Sandy Wanic, Jody Bergeon, and Sharon Curtin say tampering was discovered during a pre-trip inspection.

+ Read More

BAYFIELD - Plenty of people made the trip to see the ice caves along Lake Superior over the weekend.

According to the National Park Service, the caves near the Apostle Islands attracted more than 7,000 people when they opened Saturday.

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