Economy

Economy & Business news

https://www.hyatt.com/en-US/hotel/illinois/hyatt-place-east-moline-quad-cities/mlize / Hyatt Place Hyatt House

People who worked at the old Case I-H plant in East Moline never had river views like this. This afternoon, city officials, developers, and others will cut a ribbon to celebrate the grand opening of a new Hyatt hotel. It's the anchor for "The Bend of the Mighty Mississippi," the development project that's transforming the riverfront where farm equipment was made for decades.

Modern Woodmen has decided to sell its bank. Thursday the fraternal financial services organization based in Rock Island announced an agreement with Axos Bank, based in San Diego.

WVIK News

Two years ago Friday, Governor Bruce Rauner made a lot of friends in northwest Illinois when he saved hundreds of jobs at the Cordova Nuclear Plant. At Riverdale High School in Port Byron, he signed the Future Energy Jobs Bill, designed to encourage Exelon to keep the plant open.

Newbury Living

Downtown Bettendorf will soon be home to hundreds of new residents. Later this month, the first tenants will start moving in to the Bridges Loft Apartments, on State Street, between city hall and I-74.

Unemployment rose slightly in the Quad Cities last month - up one-tenth of one per cent to 3.9 per cent. The Illinois Department of Employment Security says there were similar small increases in most of the state in October, mainly due to more people entering the job market and not due to layoffs.

John Deere

Thanks in part to a strong fourth quarter, John Deere reports solid results for its just completed fiscal year. Worldwide sales grew 17 per cent, and profits rose 8 per cent.

Meadery Opens in QC

Nov 15, 2018
WVIK News

A modern version of what may be the oldest form of alcohol is now available in the Quad Cities. Bootleg Hill Honey Meads opened Thursday in downtown Davenport.

Winemaking Grows in Iowa

Nov 9, 2018
Tycoga Winery

On Midwest Week, the growing business of making wine in Iowa.

submitted / AAA

Cars with expensive technology are more expensive to repair. A recent AAA study shows cars equipped with advanced driver assistance systems may cost twice as much to fix after crashes and even minor fender-benders.

submitted / Van Horn Automotive Group

A Wisconsin-based, family company is the new owner of Zimmerman Alfa Romeo-FIAT in Davenport. Last week, Van Horn Automotive Group announced it bought the dealership located on Research Parkway, near the intersection of I-80 and Highway 61.

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