Economy & Business news

Deere Earnings Increase In 4th Quarter, 2017

Nov 22, 2017
Charles & Hudson / Flickr

Deere and Company is recovering from three years of a global farm recession and weak construction markets. 


The new defense bill may bring more business and people to the Rock Island Arsenal. That's the goal of a key provision sponsored by Congresswoman Cheri Bustos from East Moline, to require the military to first use space at existing bases and facilities before going elsewhere.

Deere and Company

After being battered for three years in a row by a global farm recession and weak construction markets, this year should be a welcome improvement for John Deere. The maker of farm and construction equipment based in Moline is scheduled to release its report Wednesday for the fiscal year that ended October 31st.

Deere Returns to Cuba

Nov 8, 2017
Deere and Company

John Deere "green" could soon start making an appearance in farm fields in Cuba. Last week, the company announced an agreement to sell tractors to the Cuban government. 

Iowa 80 Truckstop

The world's largest truck stop is remodeling and expanding. The Iowa 80 Truckstop, at Walcott along I-80 in eastern Iowa, has started a 10 million dollar project to expand the food court and add more retail space.

Book World Closing

Nov 1, 2017
Book World

A Wisconsin-based chain of book stores, with several in northwestern Illinois, is going out of business. Wednesday Book World announced it will close all 45 of its stores in 6 states.

Courtesy of Creighton University

A monthly survey of business leaders suggests economic conditions continue to improve for nine Midwest and Plains states, including Iowa. 

It was another "down" month for the Quad City Airport as passenger traffic dropped 9 percent in September compared to the same month a year ago. For the this year so far, traffic has fallen 10 percent.

Google Data Explorer, US Bureau of Labor Statistics

Unemployment continued to fall in the Quad Cities in September. It dropped more than one full percentage point - from 5.5 per cent a year ago to 4.3 per cent last month. 

Quad Cities Manufacturing Innovation Hub and Quad Cities Chamber

Representatives from local companies, colleges, and other organizations will learn about new technology, and how to take advantage of it. Tomorrow on Arsenal Island, the Quad Cities Manufacturing Innovation Hub will host a Defense and Manufacturing Industry Workshop.