Economy

Economy & Business news

WVIK News

Young adults need debt relief and help with child care. That was the message Thursday from some young professionals in the Quad Cities to two members of Congress - Dave Loebsack from Iowa's 2nd District and his guest from California, Eric Swalwell. 

Bronze statue located outside Deere headquarters in Moline, IL
Michelle O'Neill / WVIK News

Deere and Company makes money for investors even when farmers are suffering. Michelle O'Neill reports that's one of the messages Chairman and CEO Sam Allen emphasized during today's annual meeting at World Headquarters in Moline.

Sam Allen is pleased with Deere and Company's performance during the downturn in the agriculture sector. He's also confident it can help customers feed and shelter the world's growing population for decades to come.

A man leaves the John Deere World Headquarters after the annual meeting.
Michelle O'Neill / WVIK News

Hundreds of people who own John Deere stock will come to the Quad Cities tomorrow. Michelle O'Neill reports the company's annual meeting will be held at World Headquarters in Moline.

Shareholders will elect twelve directors, including the newest one, Alan Heuberger. He's Senior Manager at BMGI, a consulting firm specializing in strategic problem-solving. Shareholders will also vote on other routine items such as Deere and Company's accounting firm and executive compensation.

ISU Research Park

The research park at Iowa State University in Ames has a new tenant. Deere and Company has opened what it calls a "strategic technology office."

Deere & Company

Earnings fell but sales and revenue rose for Deere and Company during its first quarter. 

Quad City Times

What's billed as "The Quad Cities Largest Career Fair" begins its 15th year on Wednesday. Hundreds of job seekers and about 70 companies and organizations will meet at the iWireless Center in Moline.

Exterior of a brick building on a sunny day
https://www.tranzon.com/TAA-1701 / Tranzon

An office building in downtown Rock Island has been sold to the highest bidder. Over the past three days, the former Bitco Insurance headquarters was on the auction block on a website called, "Tranzon." It's located on 18th Street at Third Avenue.

Bowlers Boost QC Economy

Feb 3, 2017
Iowa State USBC

During the next three months, thousands of bowlers will give a welcome boost to the Quad Cities economy. The 100th Annual Iowa State USBC Bowling Tournament begins this weekend in Davenport.

Ten X Auctions

Now that it has new owners, residents of Galesburg are wondering what will happen to the Sandburg Mall - a once busy retail hub in Knox County that's mostly empty now.

Profits rose slightly for Lee Enterprises during the first quarter of its fiscal year. Thursday the provider of local news and advertising based in Davenport, and owner of the Quad City Times, reported earnings of 12.4 million dollars in the quarter ending in December.

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