Business and Finance news

Gerald Pace, who has been general counsel at North Milwaukee State Bank for three years, will become the chief financial officer of Milwaukee Public Schools.
Pace previously was a public finance associate with a Milwaukee law firm and served as CFO with a large Ohio school district, the bank said Friday.
North Milwaukee State Bank president and […]

Thursday’s $100 million settlement between Dell and the Securities and Exchange Commission was a reminder that the government is going after tech’s bad boys — and Intel is likely next on the feds’ list.
According to the SEC’s complaint against Dell, Intel paid the computer maker rebates as part of a deal in which Dell […]

The Dow scored another healthy gain Friday, finishing up 102 points and scoring its highest close since June 21.
In Colorado, CoBiz Financial and Chipotle, fueled by upbeat quarterly results, led actively traded gainers.
The Dow Jones Industrial Average finished the trading day at 10,424.62, up 102.32 points (0.99 percent). The Dow ended the week up nearly […]

Harris Corp. was selected to provide the ground antenna system for a National Oceanic & Atmospheric Administration (NOAA) program designed to speed up weather data processing.
Under the 10-year, $130 million contract, Harris and its teammates — General Dynamics SATCOM Technologies and ARES — will supply antennas and control systems for NOAA’s Geostationary Operational Environmental Satellite […]

Hawaii’s hotel occupancy rates grew 10.9 percentage points last week compared to the same week a year ago, according to an industry report out Friday.
The Hawaii Hotel Industry Snapshot, conducted by Smith Travel Research and Honolulu-based Hospitality Advisors, showed that hotel occupancy for the week ending July 10 was 79.4 percent, up from 68.5 percent […]

Rollins Inc. plans to buy New England pest control company Waltham Services Inc. for an undisclosed amount.
Atlanta-based Rollins (NYSE: ROL) said the deal will close by the end of July.
Waltham, Mass.-based Waltham Services operates in New England and New York, generating more than $17 million in annual revenue. It joins a stable of pest control […]

Tampa Mayor Pam Iorio and former U. S. Congressman Jim Davis will discuss transportation initiatives for the University of South Florida area July 14 as part of wider campaign to improve Tampa Bay-area transit.
The “University Area Transportation Summit” is free and open to the public, but expected to draw heavily from the university, Temple Terrace […]

This is a weekly roundup of promotions, appointments and employee accomplishments in the Birmingham metro area. For more People on the Move, check out the Birmingham Business Journal’s print edition each week. Send announcements to ccrawford@bizjournals.com.
ACCOUNTING
Kyle Melvin of Pearce Bevill Leesburg Moore PC of Birmingham has completed the Certified Public Accountant examination.
GOVERNMENT
The Alabama Department of […]

On a wind-beaten drilling rig a few miles off Louisiana’s coast, things are getting dicey.
"We have real rough conditions this morning," rig boss Greg Bramlett — aka Mountain Man — tells his crew during a shift change. "Seas are running eight to 10 foot swells."
With Hurricane Alex churning up the Gulf of Mexico, Bramlett […]