Economy

Economy & Business news

City of Davenport

A public hearing set for Wednesday night on plans for a new Costco store in Davenport has been postponed. But the city council will set aside time anyway for public comments. 

After years of planning and waiting, Davenport's Transload Terminal in the Eastern Iowa Industrial Center could open later this summer. Recently the city council approved leasing it to a company called Savage Davenport Railroad that would operate the short, rail connection to tracks owned by the Canadian Pacific.

Quad Cities mayors, business leaders and school kids gathered on Wednesday to celebrate the groundbreaking of a $57 million sports complex in Bettendorf.

Buyer for QC Landmark

Jun 29, 2017
wvik

A multi-site, multi-state church in the Quad Cities is expanding. Thursday Heritage Church announced plans to buy the former Kone building in downtown Moline, known for its iconic test tower along the riverfront.

Moody's Investors Service

The City of Rock Island's credit rating is getting worse. 

Michelle O'Neill / WVIK News

It's a very big shake-up in the history of newspaper publishing in the Quad Cities. Lee Enterprises, owner of the Quad City Times, announced Monday morning it's buying the Dispatch and Argus.


WVIK News

A year and-a-half after it was first announced, and a year after it was supposed to open, a new grocery store is finally ready to open in downtown Rock Island. This week people can begin shopping at the Healthy Harvest Urban Farms Market on 2nd Avenue. 

submitted / Viola Home Telephone Company, Jay Barton

One rural village in Illinois isn't waiting for a big company to improve phone, television, and internet services. The Viola Home Telephone Company will begin a project to bring the speed and bandwidth of fiber optic cable to its customers.

Welcome Back, Lunardi's

Jun 15, 2017
Lunardi's

Six months after fire closed a popular Quad Cities restaurant, it's re-opened. A ribbon cutting was held Wednesday in Davenport for Lunardi's Italian Restaurant.

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