Economy

Economy & Business news

Revenue and profits fell for Lee Enterprises during the second quarter. Thursday the newspaper company based in Davenport which owns the Quad City Times and Argus and Dispatch, reported earnings of 2.5 million dollars, or 4 cents per diluted share.

Iowa State University

One year after opening an office in Iowa State University's Research Park, Deere and Company plans to expand. It's announced plans for its own building to use as a design and test lab for agricultural spraying and related technology.

Unemployment fell again in the Quad Cities in March. The rate dropped from 4.9 per cent a year ago to 4.2 per cent last month. 

Glen Gardner

A major tourist draw in eastern Iowa will be closed for the next four months. Re-construction of the road through Maquoketa Caves State Park will require the closing of the park, starting Monday (4/23) , and continuing into August.

submitted, Greg Boll / Newbury Living

People are reserving apartments in downtown Bettendorf a couple of years before they'll be ready. And the next phase of the project is about to begin. In August, a Des Moines developer broke ground on phase one of the Bridges Loft Apartments, located on 15th Street along the riverfront.

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.

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