Economy

Economy & Business news

Galesburg may see its first legal recreational marijuana sales next month, but only if there's enough cannabis to go around.

Monmouth College

About 1,600 people lost their jobs when a major western Illinois employer closed, and moved to Mexico in 2004. 15 years later, students in a class at Monmouth College set out to find out what happened to the former Maytag employees.

On Midwest Week, a look at a growing part of the economy, in the Quad Cities and across the country.

WVIK News

Now that one new bridge across the Mississippi River is under construction, some long range planners are beginning to think about building another new bridge. But this one would be for the railroads.

submitted / Deere & Company

Shareholders seemed happy with what they heard today at Deere & Company's annual meeting. New CEO John May gave his first presentation to the board of directors and a packed house full of shareholders, including many retirees. 

Dylan Batton

The state wants to help create more than 150 jobs in Clinton. Friday the Iowa Economic Development Authority Board approved awards for Nestle Purina PetCare and Timken Drives. 

John Deere

Despite a decline in sales, profits rose for John Deere in its first quarter. Friday the company reported profits rose four per cent to $1.63 per share, compared with $1.54 last year at this time. But worldwide sales fell four per cent, to 7.6 billion dollars.

WVIK News

"We're working hard to try to keep East Moline on the map." That was the message Thursday from Mayor Reggie Freeman during his annual State of the City address to members of the Rotary Club.

wide shot of the large banquet room from the back showing platform
Michelle O'Neill / WVIK News

After persuading people to embrace what a "cool, creative, connected, and prosperous" place the Quad Cities is, local leaders are reviewing the Q2030 plan.

Herb Trix has more.


U.S. BLS

Prices in the Midwest Region increased 2.3% over the last year.

The US Bureau of Labor Statistics reported information about the December Consumer Price Index for All Urban Consumers (CPI-U) earlier this month.

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