Economy

Economy & Business news

Quad Cities Convention & Visitors Bureau

The Quad Cities' most famous sites are now appearing on TV screens across Illinois. This month, the Quad Cities Convention & Visitors Bureau launched three new commercials to attract more tourists.

Bureau spokeswoman, Charlotte Morrison, says the 30-second spots took four months to produce, with help from MotionSix Creative, a production company in East Moline. The commercials target baby boomers, millennials, and families. And feature local residents and historic landmarks. 

submitted / Deere & Company

Deere and Company might sell its crop insurance business. Tuesday the company announced it's reviewing what it calls "strategic options" for John Deere Insurance Company, a division of John Deere Financial. 

Thomson Prison Job Fair

Sep 15, 2014

Even though it won't open until next year, the Federal Bureau of Prisons will begin looking for employees for the Thomson prison. Tomorrow, a three-day job fair will begin in Thomson. 

Tom Terronez

A vacant landmark in downtown Davenport will soon get some new tenants. Two companies now in Bettendorf will move later this year into the Schneff building, at the corner of 3rd and Brady Streets.Tom Terronez is the founder and owner of Terrostar Inter-active Media which specializes in web design and online marketing, and Medix Dental which installs and supports computers and other technology for dentists.He wanted to move downtown, and he liked the former bank and jewelry store.

His companies now employ 17 people. 

submitted

It's getting less expensive to buy gas in the Quad Cities. So far this month, prices are six to seven cents lower than last month. AAA Chicago's fuel gauge report says people buying gas in Davenport and Bettendorf are paying an average of $3.25 per gallon, and the average in Moline and Rock Island is $3.43.  Triple-A spokeswoman, Beth Mosher says global supplies are in good shape, and oil prices are lower, too.  Gas prices usually drop in September and October.

WVIK

Major construction projects have started in the Quad Cities, which means more jobs for skilled workers. A new program at Black Hawk College is equipping local residents with the tools they'll need to join the next generation of construction workers.

On today's WVIK News Focus, Renata Sago reports.

This week on Midwest Week, a look at casino gambling in the Quad Cities - how healthy is it, and how the business might change in the coming years.Herb Trix's guest is Jeff Ignatius, managing editor of the River Cities Reader.

Rhythm City Land Plan

Sep 3, 2014
submitted / Rhythm City Casino, Scott County Casino LLC

Plans for a 110 million dollar land-based casino are now in the hands of Davenport city staff. Tuesday night, officials from the Rhythm City Casino presented details of their project to Davenport's Planning and Zoning Commission. General manager, Mo Hyder, says the 40-acre site is at the southwest corner of Interstate 80 and I-74.

Deere and Company plans to layoff more than 600 employees at four farm equipment factories, including two in the Quad Cities. Today Deere announce it's responding to reduced demand for combines, sprayers, cotton pickers, grain drills, seeding equipment, and other products. 

Now that they're out of the military, one of the toughest missions for veterans these days is finding a job. On Thursday, hundreds of veterans attended the 3rd annual "Hiring Our Heroes" job fair in Davenport. Some have been out of work for years, while others hope to find something better.

On today's WVIK News Focus, Renata Sago has more.

 

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