Economy & Business news

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.

CVS Groundbreaking in Rock Island

Apr 28, 2015
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.

WVIK Staff

What could be a new anchor store for Southpark Mall in Moline is now open. Company and city officials, and new employees, all helped cut the ribbon this afternoon at Dick's Sporting Goods.

2015 Bridge Work List

Apr 14, 2015
WVIK Staff

One bridge project is done, and one is now underway, but Quad Cities residents can look forward to more bridge work and traffic delays, at least through the summer. That was the report Tuesday to the transportation technical committee of the Bi-State Regional Commission.

Last year, Illinois was one of a handful of states that lost population. More than 90,000 people moved elsewhere.  It became a campaign issue for Governor when then candidate Bruce Rauner criticized the state's lack of friendliness to business. And it has others  throwing up caution flags.   The numbers don't mean mean there is a crisis, or even a real clamor, to leave the state.                     

Quad City Times

After a bank in the Quad Cities failed last year, a reporter decided to find out why. And it took several months of patient research, interviews, and freedom of information requests.

On Midwest Week, Herb Trix's guest is Alma Gaul, features reporter for the Quad City Times.

Last year was  a good year for Modern Woodmen. The fraternal financial services organization, based in Rock Island, reports strong growth and profits.