Worth it? The state of Wisconsin spent nearly $50 million to support investment companies that were supposed to help create new businesses. In the end, only 202 jobs were created, at a cost to taxpayers of $247,000 per job, according to an investigation by the Milwaukee Journal Sentinel.
Job openings for veterans GE says it will hire 5,000 U.S. military veterans, and open new factories. One new factory will be in Dayton, Ohio.
A big economic bite “Folksy” northeast Ohio food manufacturing companies have grown into a $2.6 billion industry with 18,000 workers, according to the Cleveland Plain Dealer.
Tough decisions Leaders in the city of Detroit are still trying to come up with ways to avoid financial insolvency. The Detroit News says some of the city’s most treasured assets may have to be sold. And leaders at the Detroit Institute of Arts also have to consider what was once unthinkable: selling valuable items in the Institute’s collection.
A taxing problem Michigan Governor Rick Snyder is hoping to do away with a costly and confusing property tax for corporations. But the Detroit Free Press reports no one is quite sure how to replace the revenue it creates.
More healthcare jobs The Columbus Dispatch reports that new hospitals at Ohio State University are expected to create 8,400 permanent jobs.
Eau Claire’s own Wisconsin native Justin Vernon had a pretty good night at the Grammys.