Brian Dake

Lisa Mauer, the chair of the board of directors of the Wisconsin Economic Development Corporation, has named 15 members to the new Entrepreneurship and Innovation Committee, which will meet later this month.

The WEDC board created the committee in response to a request from Governor Tony Evers earlier this year. The governor noted at the time that Wisconsin lags other states in small business creation. He said the committee would compliment WEDC’s existing programs to assist entrepreneurs.

The committee will be co-chaired by Joe Kirgues, co-founder of Milwaukee-based Gener8tor, and Rebecca Cooke, owner of Eau Claire-based Red’s Mercantile and founder of the Red Letter Grant. Both are also members of the WEDC Board of Directors.

Other committee members include:

• Nancy Hernandez, of Milwaukee, founder and president of ABRAZO Marketing and president of the Hispanic Collaborative;
• Fern Orie, of Lac du Flambeau, CEO of the Wisconsin Native Loan Fund and chair of the Wisconsin Indian Business Alliance;
• Craig Dickman, of Green Bay, managing director of TitletownTech;
• Jignesh M. Patel, of Madison, professor at the University of Wisconsin-Madison and CEO of DataChat;
• Larry Evinger, of Beloit, chief investment officer with Hendricks Commercial Properties;
• Eugenia Podestá, of Madison, co-founder of Synergy Co-Working and senior director of Vital Voices Global Partnership;
• Erik Iverson, of Madison, CEO of the Wisconsin Alumni Research Foundation;
• Kelly Ryan, of Wisconsin Rapids, CEO of Incourage;
• Zach Halmstad, of Eau Claire, partner at Pablo Group and co-founder of Jamf;
• John W. Miller, of Milwaukee, founder and principal of Arenberg Holdings;
• Sarah Lloyd, of Wisconsin Dells, director of special projects with the Wisconsin Farmers Union and dairy farmer at NelDell Farms LLC;
• Carl Ruedebusch, of Madison, president and CEO of Ruedebusch Development & Construction Inc. and manager of N29 Capital Partners LLC; and
• JoAnne Sabir, of Milwaukee, developer with Sherman Phoenix LLC.

Yesterday, Wisconsin Senate Majority Leader Scott Fitzgerald announced his candidacy for Wisconsin’s Fifth Congressional District. Fitzgerald, a 25-year legislative veteran and longtime leader of the Senate Republican caucus, released the following statement:

“Washington is a mess. For too long, liberals and the elite have ignored the needs of working-class people. President Trump has made tremendous strides in fixing the D.C. dysfunction, but he needs more help. In Wisconsin, we know how to fix broken government and put taxpayers back in charge.

Congressman Sensenbrenner spent decades advocating for conservative ideals in Washington, D.C. The residents of the Fifth Congressional District deserve another strong conservative voice continuing to represent their interests in our nation’s capital. Today, I’m excited to announce my candidacy for Congress to be that conservative voice for Wisconsin’s Fifth.”

Fitzgerald is a longtime resident of Juneau, Wisconsin, where he owns a small horse farm with his wife, Lisa. A former Lieutenant Colonel in the Wisconsin Army Reserve, Fitzgerald served his country for 27 years, on top of his 25 years of public service in the Wisconsin Legislature. He is a former newspaper publisher and small business owner.

Yesterday, Governor Tony Evers signed Executive Order #45 to address the growing crisis of retirement security in the State of Wisconsin. Wisconsin’s aging population is expected to increase by 60% by 2030, yet currently, one in seven registered voters in Wisconsin have no way to save for retirement at work.

“Hard-working Wisconsinites deserve to have peace of mind in retirement so they can enjoy those years with their friends and family, yet too many Wisconsinites are unprepared,” Gov. Evers said. “We need to make sure that the state is playing a proactive role in helping Wisconsinites get ahead in saving for their futures, so they can enjoy those years in financial security with their friends and family.”

The Governor’s Task Force on Retirement Security would be charged with the following:

• Assess the overall preparedness of the state in supporting Wisconsinites’ ability to retire in a financially secure manner.
• Evaluate the statewide financial impact of Wisconsin’s current retirement system, as well as employer-sponsored and individual retirement plans.
• Identify challenges and obstacles facing Wisconsinites seeking to retire in a financially secure manner.
• Identify barriers to accessing existing employer-sponsored and individual retirement plans, and to participation in public and private retirement options.
• Research best practices from industry, academia, and other states on retirement security.
• Provide guidance on the average amount a Wisconsinite should save to achieve a secure retirement.
• Provide various recommendations on how best the state can address the retirement crisis, reduce regulatory and operational burden on small businesses who want to offer payroll deduction retirement savings options to employees, encourage younger Wisconsinites to save early in life, and innovate reforms to help Wisconsinites to retire in a financial secure manner.

China will lift punitive tariffs imposed on U.S. soybeans and pork in a trade war with Washington, a state news agency said Friday, adding to conciliatory gestures by the two sides ahead of negotiations.

China will suspend tariff hikes on soybeans, pork and some other farm goods, the Xinhua News Agency said, citing the Cabinet planning agency and the Commerce Ministry. Beijing “supports domestic companies in purchasing a certain amount of U.S. farm produce,” it said, but it gave no details.

The move follows President Donald Trump’s decision Wednesday to postpone a planned Oct. 1 tariff hike on Chinese imports to Oct. 15.

Hopes are growing that the two sides might defuse the prolonged dispute that is threatening global economic growth. But there has been no sign of progress on the main issues in their sprawling conflict over trade and technology.

“China has a huge market, and the prospects for importing high-quality U.S. farm produce are broad,” Xinhua said. “China hopes the United States will be true to its word, make progress on its commitments and create favorable conditions for bilateral agricultural cooperation.”

After several years of modest increases, Wisconsin students’ math scores declined during the 2018-19 school year, according to the latest data from state education officials. Proficiency in English was also down slightly.

The state Department of Public Instruction released the latest scores for the Wisconsin Student Assessment System on Thursday. The report includes test results from the Forward Exam, taken by students in third through eighth grade, and the ACT, a national college admission test taken by 11th-graders.

Overall, student scores in math decreased slightly during the 2018-19 school year. The decline comes after three years of modest increases in math scores: 40.1 percent of all students were proficient or advanced in math in testing this spring.

Overall performance in English also declined in the latest report, going from 40.6 percent of students scoring proficient or advanced in 2017-18 school year to 39.3 percent last year.

Elizabeth Tomev, education information services director for DPI, said part of the declining scores comes from challenges with funding. She said students are entering the classroom with more challenges than ever before.

“We have to make sure that we have the funding to make sure that we meet all of the needs of the students when they need it,” Tomev said. “And that includes helping with effective instruction, making sure children are feeling safe and supported, making sure they have the mental health supports that are necessary, any of that.”

She said increased funding for K-12 schools in the latest state budget is “an important down payment” on the investment need in public education.

OxyContin maker Purdue Pharma LP reached a tentative agreement with some plaintiffs to resolve litigation over its alleged role in fueling the U.S. opioid crisis and plans to tussle with states opposing the settlement offer in bankruptcy proceedings as soon as next week, people familiar with the matter said.

On Wednesday, lead lawyers representing more than 2,000 cities, counties and other plaintiffs suing Purdue, along with 23 states and three U.S. territories, were on board with an offer from the company and its controlling Sackler family to settle lawsuits in a deal valued at up to $12 billion, the people said.

More than a dozen other states remain opposed or uncommitted to the deal, setting the stage for a legal battle over Purdue’s efforts to contain the litigation in bankruptcy court, they said.

Purdue’s current proposal would use bankruptcy proceedings to transform into a public trust with a board selected by court-appointed trustees, the people said. The trust would donate drugs the company developed to combat opioid abuse to U.S. communities, which Purdue values at $4.45 billion over 10 years.

Between 2014 and 2017, the overall number of faculty members at the state’s two-year and four-year campuses dropped by 491 positions. That works out to a decline of around 7.7 percent. But during the same timeframe the total number of employees categorized as “administration and academic leaders” grew by 53 positions for an increase of 3.5 percent.

The growth of administration within colleges and universities is not unique to Wisconsin but the state’s numbers exceed national trends. According to the National Center for Education Statistics (NCES) the number of employees categorized as “management” at public and private postsecondary institutions grew by just under 3 percent between 2013 and 2017. At the same time the number of faculty members nationwide remained relatively stable.

“It is true nationally there has been a long-term rise in administrative staff,” said Richard Vedder, professor emeritus of economics at Ohio State University who has studied the growth of administration in higher education. “Many people call it administrative bloat at colleges and universities, and I think Wisconsin is showing that too.”

Attorney General Josh Kaul today announced that Wisconsin is joining 49 attorneys general in a multistate, bipartisan investigation of tech giant Google’s business practices in accordance with state and federal antitrust laws.

The bipartisan coalition, led by Texas Attorney General Ken Paxton, announced plans to investigate Google’s overarching control of online advertising markets and search traffic that may have led to anticompetitive behavior that harms consumers.

Legal experts from each state will work in cooperation with Federal authorities to assess competitive conditions for online services and ensure that Americans have access to free digital markets.

“The tech sector is an important part of the U.S. economy, and tech companies have access to a lot of personal information,” said Attorney General Kaul. “We must ensure that competition over technological innovation and privacy protections isn’t stifled.”

Missy Hughes will serve as the next secretary and chief executive officer of the Wisconsin Economic Development Corporation, Gov. Tony Evers announced Thursday.

Hughes has served as chief mission officer and general counsel for Organic Valley/CROPP cooperative since 2003, and has also served as a member of the Organic Trade Association since 2013. She has previously served on the U.S. Department of Agriculture’s Advisory Committee on Biotechnology & 21st Century Agriculture.

“Having worked in a high-growth business for many years, with the goal of helping farmers stay on their farms now and for the coming generations, I am excited to bring my experience to the Evers Administration, and I look forward to helping all of Wisconsin thrive,” Hughes said in the release.

“With her background helping small businesses and family farms, coupled with her experience navigating complex governmental, regulatory, trade, and business matters, Missy Hughes will be an incredible asset to our team as we work to grow an economy that works for everyone,” Evers said in the release.

“I look forward to working with Ms. Hughes as we connect the dots on economic development in a way that encourages entrepreneurship and innovation while supporting our farm economy, our manufacturers, and the Main Street businesses, start-ups, and large-scale companies that help our communities grow.”