Insight On Business the News Hour

The Business News & More 18 November 2019

We've got plenty in store for you this afternoon as we wonder, out loud, what in the world is going on with the U.S. China trade deal....Here we go:

  • Deal? No Deal? Sounds like a TV Game Show;
  • Chick fil-A is changing their giving;
  • WeWork said to be laying off thousands;
  • FedEx and the New York Times in a brawl;
  • Markets closed higher but oh the agony;
  • Dunkin to get rid of their classic foam cups;
  • Women leaving banking and why.

Those stories and Laura Kinnard from Drake University and DMACC and author of DMBizMixer joins me to chat it up about Entrepreneur Month, some business events a social event in Urbandale and more. To listen to that all you need to do is click here

The Business News and More 13 November 2019

It's the MId-Week Edition of the Business News Headlines and we've got some great stories for you today. Just an FYI the Dow did jump up today by 92 points on the strength of the Fed Chairman and closed at 27,783 while the Nasdaq was down fractionally and the S&P 500 picked up 2 points.  

  • Well, THAT was successful and Netflix suffers;
  • Yes, there is a Costco scam going on;
  • Google to offer...checking accounts;
  • Nike says "buh-buh" to Amazon;
  • How about "Instant Money" from your wages;
  • Facebook and the iPhone glitch;
  • Von Maur changes plans about Jordan Creek.

Those stories and you'll meet several of Cityview Magazine's Business Journal award winners from the recent "19 Businesses People Making a Difference in 2019". You can hear those stories right here.

Thanks for listening! 

The Business News Headlines & More 6 November 2019

The markets were supposed to...go up today. That's not exactly what happened as as you can see by the close. Ouch  Why and what else are in the news today:

  • What happened on Wall Street and why;
  • The U.S. has a problem with...productivity;
  • Why watching productivity matters;
  • Bank of American raises their minimum wage;
  • You, yes you, are spending way too much on your vehicle;
  • A grocery store story;
  • A big soccer deal is headed to Des Moines, Iowa.

Those stories plus the organization that is taking on the high cost of prescription drugs is serious and elected officials at the federal and state level need to pay attention because these folks...vote. Brad Anderson is our guest and we'll talk about that and  more. To listen, click here. 

Thanks for listening! 

The Business News & More 29 October 2019

Investors are looking at a couple of things: Earnings and the expected rate cut by the Fed. But...and you knew that was coming...if the Fed does cut rates and their is an economic downturn...what then? In the business news headlines today:

  • Wall Street and the Flatline;
  • Did something fishy happen with that government deal;
  • Happy Birthday to YOU...Internet;
  • Lyft Pink is seeing green;
  • Uber and a new business plan;
  • Grubhub...more trouble;
  • Online videos are crushing television. Hello TV executives.

Those stories plus a conversation with Stephanie Preusch who is the Executive Director for the Neighborhood Finance Corporation. Now, while that sounds like a fancy name they are anything but. Think of low cost entry into homeownership PLUS funds to fix up a home. The surprising world of housing options with this non-profit organization. Listen here. 

Thanks for listening!

The Business News Headlines & More 28 October 2019

Wall Street had a good day based on earnings that beat estimates and we'll share some of the stories on that today. Also:

  • Meatless Meat is a BIG thing for Burger King;
  • Homeowners NOT getting home equity loans;
  • Google to buy Fitbit?
  • JP Morgan said to be cutting NYC workforce;
  • Is your job already obsolete?
  • The gig economy and a new...gig.

Those stories and our regular feature with Laura Kinnard of Curated Growth, Drake University and DMACC where she teaches entrepreneurship. She's in at the start of each week to share with you business events happening in the Greater Des Moines Metro. Places to learn and places to be seen. You can hear that conversation right here

Thanks for listening! 

The Business News and More 16 October 2019

Yesterday everybody was excited about earnings reports...today...not so much. We've got a full boat for you let's get started:

  • Yesterday was a memory as retail sales numbers sank Wall Street;
  • The United Auto Workers and General Motors...a settlement?
  • Need new tires before winter? We've got a tip;
  • Airlines are fretting over the return of the Boeing Max 737;
  • The ghost of 2016 comes back to haunt Wells Fargo;
  • Big meat is falling in love with...no meat.

Those stories plus my two-part interview with Des Moines mayoral candidate former Sen. Jack Hatch. In Part One we'll review who Jack is and why he is running. He'll talk about water, Des Moines, education and "forgotten neighborhoods". Here is Part One

Then in Part Two we'll talk about something nobody seems to want to discuss and that is the crushing poverty just outside of downtown. He's got some ideas and we were eager to listen. Plus, and yes, we'll talk about potholes.  Here is Part Two with Jack Hatch.

Thanks for listening! 

The Business News Headlines & More 15 October 2019

Yesterday investors weren't so sure about the future of trade talks with China. Today they threw all of that out the window... Welcome to the business news headlines for Tuesday the 15th of October. Just a click away:

  • What drove Wall Street today;
  • The Turkish economic sanctions? Yawn;
  • Could the GM strike be nearing an end;
  • Two words for used car buyers: Buyer Beware;
  • Companies that are cool but not making a dime;
  • The AMC cinema chain to stream...no, really;
  • In case you've run out of stuff to worry about....

Those stories plus a conversation with Brent Roske the Iowa State Director for 2020 Democratic hopeful John Delaney. A press release from that campaign caught our eye so we sit down with Brent to chat about the Heartland Startup Tour. Mixing politics with...business. Click here to listen. 

Thanks for coming by! 

 

The Business News Headlines & More 26 September 2019

We went from worrying about the economy in Europe to the trade war with China to...impeachment and all of it had an impact on the markets. It's the Business News Headlines for Thursday the 26th of September, thanks for being with us.  Here's what we've got on tap:

  • The markets, for the second time this week are hit by impeachment talk;
  • General Motors does a turn-a-round on heath care;
  • Mobile, Alabama is...worried;
  • That Social Security raise...may not be much...if any;
  • An IPO that went south...really south today;
  • Women are starting businesses at a fast clip and the town that boasts the most?

Those stories along with a conversation with Jim De Kruif from First Point Wealth Management part of First National Bank.  Jim took me up on my offer for anybody from the Johnston, Iowa Chamber to join me for an interview and we had a great conversation. Click here to listen! 

Thanks for coming by! 

Meet Jim De Kruif - First Point Wealth Management

I was asked to present to the Johnston, Iowa Chamber of Commerce a community of roughly 18,000 people just north of Des Moines. Following my presentation I offered my microphone to anybody who would like to chat a bit about business. Jim De Kruif from First Point Wealth Management which is part of First National Bank took me up on my offer. Here is that conversation AND here is the link to his upcoming free seminar, "Income for What's Next".

The award winning Insight on Business the News Hour with Michael Libbie is the only weekday, hour-long business podcast in the Midwest. The national, regional and local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on Google PlayPlayerFMPodbeaniTunes, SpotifyStitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday at 2pm on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour. 

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The Business News Headlines & More 24 September 2019

If it's not China it's consumers, if it's not consumers it's impeachment. The markets whipsawed today by worries that President Trump may not survive a congressional inquiry. The Dow lost 142 points to 26,807 the Nasdaq was off by 118 points and the S&P 500 down by 25 points. Wall Street had issues today.  Also in the news:

  • Consumers are not as jolly about the economy;
  • The thing you don't know about is called the REPO Market;
  • The new "Wealth Tax" from Sen. Bernie Sanders;
  • Big Pharma fights against lower prices;
  • A beer IPO may be a really, really big deal.

Those stories and our guest for The Interview is Matt Kiernan from CLE Productions. We'll talk about the magic they make for events plus you'll be invited to a CLE Production Talks featuring international planned events thought leader Professor Joe Goldblatt. You can listen in to all of that here