Economy

Economy & Business news

Unemployment in the Quad Cities fell again in April - to 3.5 per cent, from 4.1 per cent at this time a year ago.

submitted / Army Sustainment Command

This week in Moline, hundreds of small businesses are learning how to win and keep contracts with the government. Wednesday and Thursday at the TaxSlayer Center, the Army and the Iowa-Illinois Chapter of the National Defense Industrial Association are hosting the Midwest Government Contracting Symposium.

Group Schumacher

After more than 20 years in eastern Iowa, a German company has built a new plant and offices. Group Schumacher will hold a celebration in Durant on Thursday.

WVIK News

Two developers have plans for an old warehouse in Moline, and Tuesday afternoon, they'll present them to city officials for the Spiegel Building, on River Drive.

WVIK News

After much study and planning, the Salvation Army is going to change how it helps the homeless in the Quad Cities. Monday Army leaders announced instead of operating an emergency homeless shelter, they will help families stay in their apartments and homes.

Midwest Interstate Passenger Rail Commission

A member of the Illinois General Assmbly from the Quad Cities wants to help expand passenger rail service in this part of the country. State Representative Mike Halpin from Rock Island has just been appointed to the Midwest Interstate Passenger Rail Commission. 

Hearland Alliance

While other states have begun to recover since the great recession, Illinois has not. That's the conclusion of the latest annual study of poverty in the state by the Heartland Alliance, a Chicago-based non-profit that focuses on human rights, housing, health care, and employment.

Michelle O'Neill / WVIK News

John Deere equipment sold well over the last three months. This morning, the company reported second quarter earnings rose to $1.2 billion or $3.67 per share, compared to $2.50 in the same quarter a year ago.

Pershing Hills Lofts

New apartments are opening in the old Crescent Electric Building in downtown Davenport. Tonight,  a group of investors will hold a ribbon cutting ceremony for Pershing Hill Loft at the corner of 5th and Pershing Avenue. 

Crawford Company

Thanks to growing interest in micro-brewing and brew pubs across the country, a Rock Island company is going to expand and add jobs. Monday night, the city council approved incentives for the Crawford Company to buy a vacant warehouse on 31st Avenue.

Pages