Economy

Economy & Business news

Deere Earnings Tomorrow

May 21, 2015

Thanks to falling farm income, profits for Deere and Company are expected to continue falling. The farm and construction equipment maker based in the Quad Cities will announce its second quarter results on Friday. 

WVIK

The Quad Cities needs a variety of well-funded transportation alternatives, including railroads, rivers, roads, recreation trails, and air service. That was the message today  in Moline during a stop by the Illinois Department of Transportation as part of its state-wide listening tour.

screen shot http://dmdii.uilabs.org/ / The Digital Manufacturing and Design Innovation Institute

Michelle O'Neill / WVIK News

The first casino in the Iowa Quad Cities to break ground on land is the Isle of Capri. This morning in Bettendorf, President and CEO Virginia McDowell operated a bright yellow, John Deere backhoe to dig a big hole in the courtyard.

submitted / Illinois Department of Human Services

Twenty-five local companies will recruit new employees this week in Moline. The Quad Cities Corporate Partners and the Disability Employment Network will host the 22nd Annual Career Fair for People with Disabilities.

Financial District Properties

Two years, and 16 million dollars later, a nearly 100 year old building in the middle of downtown Davenport is ready to start a new life. This afternoon, city officials and Financial District Properties held a ribbon cutting at the Union Arcade.

Congresswoman Cheri Bustos (D-IL) is looking for ways to ensure women are treated more fairly in the workplace. On Monday she held a meeting with women business leaders in Galesburg as part of what she's calling a week-long women’s economic security tour. Tuesday she'll visit the communities of Peoria and Cuba.

WVIK Staff

Construction will begin Monday in Rock Island, where an old elementary school used to be. Today the city and the school district helped CVS break ground for a new store, on 18th Avenue. It's the former site of Audubon Elementary School which closed in 2010, and was  demolished last year.  

file / WVIK News

Business is good for commercial realtors, banks, developers, and landlords in the Quad Cities. That was part of the message Thursday morning in Bettendorf, as NAI Ruhl Commercial Company presented its annual report on the local real estate market.

On the surface it looks like a big improvement, but last month's drop in unemployment in the Quad Cities is not all good news. The rate fell from 7 per cent a year ago, to 5.8 per cent in March.

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