Midweek and while the markets closed mixed there are signs pointing to a more robust economic recovery. By the way, you can follow us all day on Twitter @IOB_NewsHour. Here's what we've got for you today:
- One word can describe Wall Street today..."meh";
- The gap is getting wider. What does that...mean?
- Treasury Secretary Janet Yellen wants a meeting;
- Oil prices were up again today and why;
- Another day another GameStop story;
- Cattle, Feed and a Feud;
- Pandemic home remodeling is rockin';
- The Wall Street Report;
- Some new vaccine news.
Those stories PLUS I'll visit with Katie Olthoff about a startup that launched during the pandemic. It's part of our series about entrepreneurs who took the dive during COVID19 and are making things happen. Katie and her partner launched Chop Local. Think farmers/ranchers, small processing facilities and consumers. And, yes, it is scalable. To listen, just click here!
Thanks for listening!
He is a return visitor to the Business News Hour and is here to shed some light on three very important things: 1) Cleaning, 2) Sanitizing and 3) Disinfecting. As COVID19 races across the county Joe Galasso has come into his own with his company Protective Environmental Systems. Here Joe explains, in simple terms, things like "Log Kill", "Dwell Time" and what really goes on when people "wipe down" a surface. Needless to say his goal is to keep people safe while buying time until the vaccine arrives. Here's Joe Galasso:
Just ahead of an interesting conversation about how to abolish property theft here are the business news stories we've got for you today:
- Even with good vaccine news markets fell;
- PIMCO accused of having a "fraternity culture";
- It's back...Bitcoin;
- More possible airline job cuts;
- Is Amazon and GoodRX in competition;
- The Wall Street Report;
- This company pays it's employees...daily.
Those stories and you'll meet Jon Shelness the founder of something called My Property ID Registry. He has taken technology and married it to an old system and says lost or stolen valuables now can be found and returned. Meet Jon here.
We're talking about COVID19 and the question everyone has first, "But, is it safe?". There are so many theories so many problematic and false stories...and people are scared. Two weeks ago Joe Galasso reached out to us asking if we might be interested in telling his business story. Once we spent some time researching what he does we said we were interested in letting you know more about Protective Environmental Systems and what they provide to people and businesses across the country. Here Joe answers our community question, "But, is it safe?"
At a time when so many retail stores are closing one company bucks the trend. It's the business news headlines for Thursday the 5th day of December...thanks for coming by! In the news:
- The success of retail here may forecast economic trouble;
- Russia and OPEC and Oil;
- The biggest IPO...ever;
- Obamacare and falling insurance costs...for some;
- Wall Street today;
- Child care and parents;
- Hung-Over or really sick?
Also today, on this Throwback Thursday the great Small Business Spotlight we brought you over a year ago. You'll meet entrepreneur Chad Hitsman and EdgeTech a sharpening service that comes to your home or your restaurant. No more dull blades and just in time for Christmas Dinner...or a gift? Hear that story here.
Thanks, again, for listening!
America was waiting today for President Trump to talk about the U.S. China trade war during his economic speech in New York. That...didn't much happen. In the business news today:
- Trump talk about everything but...China;
- A photo with Santa for $2,500;
- Sandy Hook parents may sue Remington;
- Seems nobody's "Got Milk" these days;
- Chrysler accused of "dumping" cars;
- Disney + rolled out today...there were issues;
- Bias in the workplace against....
Those stories plus a Small Business Spotlight that shines on Nancy and Dean Vetter who have a company (Iowa Custom Murphy Beds) that makes and installs Amish made Murphy Beds all across the county. It's a story I stumbled on and think you'll enjoy. You can hear that conversation here.
Thanks for listening.
Sometimes you find stories where you least expect them. This story comes about because of a sign on the side of a trailer that said, "Iowa Custom Murphy Beds". Now, the Murphy Bed is named after William Lawrence Murphy, who applied for his patent around 1900. These space saving beds fold into a wall or a cabinet and according to legend, Murphy was wooing an opera singer, but living in a one-room apartment in San Francisco, meant that the young lady would have to enter his bedroom. But, once folded into a cabinet the room was, well, no longer a...bedroom. Here is Nancy Vetter with the story about their six year old company that produces Amish made...Murphy Beds.
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 Play, PlayerFM, Podbean, iTunes, Spotify, Stitcher 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.
Our Sponsors
AARP-Iowa
National Tractor Parts Dealer Association
Oasis - A Paychex Company
Tero International
Tucked into the cavernous building once known as the Southridge Mall is The Runway. It's a place where entrepreneurs can gather, work, learn and expand their business. At a recent open house I sat down with four individuals who are starting or working on their businesses. You'll meet Kourtney Perry of Privacy, LLC an event company that is helping put on a show October 31st, Twayne Deering from Toppz Handiman Services you can reach him at 309-635-7825. I also visit with Jeremiah Wright who is the founder of Get It Wright Fitness he's a fitness coach and you'll meet Sara Letsch who has two businesses, Nymph in the Woods Jewelry and Fit Life with Sara. Busy people and you get to learn more here.
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 Play, PlayerFM, Podbean, iTunes, Spotify, Stitcher 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.
Our Sponsors
AARP-Iowa
National Tractor Parts Dealer Association
Oasis - A Paychex Company
Tero International
We all know that it is the small business that is the back-bone of our local, regional and national economy. On a regular basis we offer up a Small Business Spotlight to share the stories of these entrepreneurs. Today our guest is Justin Williams who, with his wife, founded A New Look Exteriors in October of 2018 and has seen incredible business growth. Recently named the Small Business of the Year by his local chamber Justin talks about the "secret sauce" that spells growth for his new company. We think you'll enjoy this...
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 Play, PlayerFM, Podbean, iTunes, Stitcher 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.
Our Sponsors
AARP-Iowa
National Tractor Parts Dealer Association
Oasis - A Paychex Company
Tero International
This is a first! Today we had quite the day gathering some interviews from not only AARP-Iowa but also the founder of Ancestry.com Paul Allen who was in Iowa making a pitch for his new startup called SOAR. In addition we're now headed out to meet with the Washington D.C. "Shadow Senator" Paul Strauss at an event organized by Iowa for D.C. Statehood. Whew... But, here are the business news headlines we've cooked up for you:
- Wells Fargo CEO Tim Sloan steps down; guess what happened to the company stock;
- The largest auto dealership in the U.S. isn't really a dealership;
- Amazon is headed to Austin, Texas with more jobs;
- Here is a list of 7 cheap things you can do to your home that will increase it's value;
- The Iowa Care Act passed the Iowa House today; we'll have reaction from AARP-Iowa;
- What happened on Wall Street and why.
Back tomorrow with a stunning interview from the founder of Ancestry.com about strengths...good stuff!
Thanks for listening!
