The markets opened down today and stayed that way. The big story is oil and the price of oil and if...if a spike in fuel prices could tank the economy. Here is what we've got for you today:
- Fear as oil prices surge. Is the economy that fragile?
- The United Auto Workers strike General Motors and why;
- Regulators are looking at Big Tech and this Amazon story might be why;
- Purdue Pharma files for bankruptcy...told ya;
Those stories and a special report about authors Michael Bornstein and Debbie Bornstein Holinstat and their book, "Survivors Club - The True Story of a Very Young Prisoner of Auschwitz". Both moving and hopeful and with an Iowa angle. More about the book here.
Those stories and Laura Kinnard joins me to chat it up about business events this week and next here in the Greater Des Moines Metro. You can hear that conversation...here.
The stock market was set to open lower this morning but...SURPRISE at the open the Dow jumped up by over 100 points. Only to edge lower at mid-day. Why? That reason is in the newscast today. Also:
- The 401k lawsuits are mounting we share why;
- Johnson & Johnson must pay Oklahoma $572 million but the stock goes up;
- China says, "Hey, nobody called!" And that is part of the problem;
- China and Costco...we think it's a hit;
- Boeing and Russia...think lawsuit;
- Seeking nominations in Iowa.
Those stories and more today along with a look back at a conversation I had with California Congressman Ro Khanna who was instrumental in bringing high technology to Rural Iowa. That space in Jefferson will open to the public on September 7th. We thought it important to go back to last year and this conversation with the Congressman. Here is that conversation.
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
The early morning futures indicated that Wall Street was going to open down and it did. What's up? Trade issues the global economy...it's starting to get serious. In the news today:
- If it seems like there was a Walgreens on every corner...that's about to change;
- The Disney Company, streaming and financial losses;
- Where is the trade war with China headed? Some thoughts;
- Hear about the McDonald's drink cup in Japan?
- NPR to cut some newsroom jobs;
- The National Rifle Association in the news...again;
- Vacations and your reluctance to take one.
Click through for those stories and more!
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
All the talk is centered around the Fed and a rate cut. But, what might a rate cut mean to you and your family? Good question and we've got some answers...first. Also today:
- What is left of Sears dumps on their retired folks;
- How would you like to think and then type your thoughts;
- Somebody is buying tons of U.S. vehicles;
- Malls coming to the aid of retailers;
- A marketing tip about Twitter for Business.
Those stories plus a look at employee promotions. Studies say that employees are disengaged in their jobs. So employers attempt to create incentives to produce engagement. However, according to Ro Crosbie the President and CEO of Tero International, those promotions are often causing entitled employees rather than having them be engaged. Here is something that could really turn your thoughts around. To hear that conversation click 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, 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
Wall Street struggled all day because a number of headwinds from China to the Democratic Debate happening tonight. That story and these coming your way today:
- That much touted Costco digital app...oops;
- Capital One and lawsuits...already;
- How about a savings rate 30 times that of other banks;
- Apple and earnings;
- The high cost of housing moves inland;
- A personal air-conditioner? Yep.
Those stories and more along with our business interview with Carol Hunter the Executive Editor of the Des Moines Register. Recently parent company Gannett rolled out a new payment plan for content. We talk about that, the business of newspapers, the work being done and the costs incurred...lots inside and it's just a click away. Like right 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, 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
Each day we bring you the business news headlines on your time. Today we've got a bunch of interesting stories. Let's go!
- The Dow opened higher but will it last;
- The most valuable brand in the world is...
- Stuff you didn't know: Shutterfly sold;
- Will they stop the Sprint/T-Mobile merger;
- Iconic products, you know, that are no longer made in the U.S.A.;
- Might want to wait to fill up;
- President Trump Tweets more attacks;
- Did you "smile" for the candid camera?
Those stories and a conversation with the Editor in Chief of Entrepreneur Magazine, Jason Feifer. He is all about sharing with businesses owners and managers that thinking like an entrepreneur will pay big dividends. To hear that conversation just click here.
Thanks for listening!
It's a hot topic and one we wanted to know more about...from the business side of guns, gun sales and training. Meet Tom Hudson a return visitor to the Business News Hour and partner in Crossroads Shooting Sports based in Johnston, Iowa. Here we talk about a host of issues and offer some answers that might surprise you...I know they did me. Click through for more with Tom Hudson...
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 starting at 5pm Central. 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.
Former Texas Congressman Beto O'Rourke is barnstorming Iowa in his effort to become the 2020 Democratic Candidate for President. Recently he was the guest of the Iowa Asian Latino Coalition where he spoke, answered questions from the packed room at the United Steel Workers Union Hall and then visited with reporters. Here is that conversation about campaigning in Iowa, immigration, jobs, clean energy, climate change, farming and even a nod toward Casey's breakfast pizza...
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 starting at 5pm Central. 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.
It's the weekend and we've got the business news you might have missed. Thanks for clicking through everybody, always grateful! Today in the newscast...
- So the Commerce Department said the U.S. GDP was 3.2% but...
- Farmers, Potatoes and Lays Potato Chips;
- Exxon spending tons of cash and saw it's profits tank;
- Get ready Toys R Us will be back for the holidays;
- Seems that Bed Bath & Beyond is selling too many...trash cans;
- Wanna make some money? Try snitching;
- What happened and why on Wall Street
And, because it's Friday Jeff Pitts the Managing Editor for Cityview Magazine comes in for some laughs and a look at Stuff to DO in the Metro this weekend into next week. And has he got a list starting with baseball and ending up with a "wacky fairy godmother". We can't make this up. You can hear that fun time...here.
Thanks for listening!
No markets today due to the Good Friday holiday but we've still got some numbers for you. That and a couple of hot business news stories. And, we go Out to Lunch with the Executive Director of Iowa Voters for Companion Animals, Haley Anderson and Jeff Pitts from Cityview with stuff to do...but first the business news:
- Global stocks did what today;
- The Samsung foldable phone...breaking;
- Guns and people - 20 years after Columbine;
- Whitewashing slavery;
- New home construction slips in March.
Those stories and our Quick Bites time with Haley Anderson (Three questions) and Out to Lunch segment with Haley Anderson is right here.
Finally, Jeff Pitts from Cityview with Stuff to DO in the Metro this weekend into next week. You can find that here.
Thanks for listening!
