Economy

Economy & Business news

Court filings show that all the Younkers and Bergners stores in Illinois and Iowa will close as part of the sale of their corporate owner to liquidators.

Shopping malls in the Quad Cities and across the midwest could soon have some major vacancies. The Bon Ton Stores is moving toward liquidation, and that includes Younkers and Bergners in Iowa and Illinois.

IHMVCU Breaks Ground

Apr 17, 2018
WVIK News

Instead of shovels, the I-H Mississippi Valley Credit Union used a large John Deere excavator Tuesday to break ground for its new headquarters. The 90,000 square foot building will be located on River Drive in Moline, near the WIU campus.

A major investment in Muscatine and especially its downtown, is now open. Thursday a ribbon cutting will be held to celebrate the completion of The Merrill Hotel and Conference Center. The 44 million dollar, 6-story hotel, is located along West Mississippi Drive, and across from the city's River Walk Park.

https://goo.gl/VxWHMr / CreditDebitPro.com

Small companies in the Quad Cities will learn how to do business with the government this week.

On Thursday, the Iowa Illinois chapter of the National Defense Industrial Association will host a lunch seminar on Arsenal Island.

https://youtu.be/z6JNNr02A0g / City of Bettendorf, Shive Hattery

As workers build the new I-74 bridge, Bettendorf is working on several improvements downtown.

Thanks to tax reform, utility bills will start going down soon. MidAmerican Energy says bills will be lowered for its Illinois customers starting in April, and probably for Iowa customers in May.

Thanks in part to manufacturing, unemployment dropped again in the Quad Cities last month. The rate fell from 5.5 per cent a year ago, to 4.4 per cent in February.

WVIK News

Illinois may help communities along the Mississippi River save their historic buildings. State representative Mike Halpin from Rock Island is sponsoring a bill to make tax credits available for rehabilitating historic structures.

https://goo.gl/mdgDAh / USDA

A study from the USDA found consolidation over three decades has led to larger farms owned by fewer people. But at the same time, researchers also concluded the number of very small farms increased by about 20%.

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