Loading

-6°F

-9°F

-2°F

-2°F

-3°F

-9°F

-2°F

-2°F

-3°F

-6°F

-2°F

-5°F

-2°F
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.



Text Size: + Increase | Decrease -
Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS
Kenosha man charged in 11-month-old daughter's killingSubmitted: 11/20/2014

KENOSHA - A 34-year-old Kenosha man is charged with killing his 11-month-old daughter.

Russell Rose Jr. was charged Thursday with first-degree intentional homicide, aggravated battery, strangulation, arson and recklessly endangering safety. He is being held on $1 million bond.

Police say Rose was arrested Tuesday. Officers found the girl when they responded to a call in which a woman was screaming that someone had killed her baby. Police say the girl was severely bruised and her face was disfigured.

+ Read More
Demmer Library celebrates a milestoneSubmitted: 11/20/2014

Play Video

THREE LAKES - Young kids in Three Lakes didn't get to go to kindergarten back in the 1960s. It wasn't offered. So, some community leaders wanted to find a way to prepare children for school.

They created Story Hour at the Demmer Library in 1964 to help. Parents and community members saw it as a way to help children learn to socialize and work in a classroom setting.

+ Read More
Hundreds of Christmas presents donated through Operation Christmas ChildSubmitted: 11/20/2014

Play Video

EAGLE RIVER - Hundreds of kids in third world countries will get to open a Christmas gift this year. It's all thanks to people who donate a shoebox filled with supplies for kids.

The boxes are part of a world-wide organization called Operation Christmas Child.

+ Read More
Log truck and compact car collideSubmitted: 11/20/2014

Play Video

NEAR RHINELANDER - A semi-truck carrying logs and a compact car collided this morning on highway 17 near Rhinelander.

The crash happened on Highway 17 at the intersection of Cross Country Road across from the Cross Country Bar and Grill in Rhinelander around 8 this morning. At this time, the cause of the crash is still under investigation.

+ Read More
Eagle River sees 91% milfoil reduction in chain; planners credit local commission & volunteersSubmitted: 11/20/2014

EAGLE RIVER - You can call the Eagle River Chain's invasive species project a success so far. Eurasian water milfoil has been reduced by 91.3 percent since 2007, but work isn't done.

Eddie Heath, aquatic ecologist for Onterra LLC has been working on the project. Onterra is the firm that does the planning for the Unified Lower Eagle River Chain of Lakes Commission. He say the success is above and beyond what they've seen on other lakes across the state, and it has served as a model for other systems.

"By which we learn from some mistakes, we build upon some successes, and we move forward in an adaptive management strategy," Heath said.

+ Read More
DNR expect fewer donated deer this yearSubmitted: 11/20/2014

Play Video

NORTHWOODS - The Wisconsin Deer Donation program needs help from hunters this fall. The program lets hunters donate their deer to help feed those in need. Experts are concerned that the winter weather could cut into the number of deer kills this season. DNR managers think it will be difficult to find and hunt them.

"This year it's looking a little lean, especially in the north," said DNR Wildlife Biologist Jeremy Holtz. "With this deep snow, it's changed the deer behavior and it's going to change hunter behavior too. So I wouldn't be surprised if we saw that our donations were down this year under the circumstances."

Donating takes three simple steps: you register your kill, field dress the deer, and then you take it to a DNR approved processing center. The venison is then ground-up, frozen, and shipped to local pantries, as well as people in need. One meat market owner and program volunteer feels the impact of fewer deer.

+ Read More
Drew's Piggly Wiggly welcoming new ownersSubmitted: 11/20/2014

Play Video

MERRILL - The Drew family will pass its Piggly Wiggly grocery store on to a new family soon.

Brothers Steve and Phil Drew own Drew's Piggly Wiggly in Merrill.

Their family has had a grocery store in Merrill since 1944.

They've owned the Piggly Wiggly for 25 years.

For the Drews, it's always been about family.

+ Read More
+ More General News
Search: 




Click Here