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!
First of all, Happy Thanksgiving to our Canadian listeners as you celebrate the harvest as well as your freedoms. We're with you on that. In the business news today:
- Markets slump, as we suggested they would, and why;
- Amazon just launched something new that has Target worried;
- Day 29 of the UAW strike against General Motors..an update;
- American manufacturing is hurting for a number of reasons;
- It's Mac & Cheesegate;
- Restaurants and tipping could be a problem say critics;
- The paper beer bottle is a thing...or so it would seem.
We'll also be joined by Laura Kinnard from Drake University, DMACC and DMBizMixer to chat it up about business events in the DSMUSA Metro this week. To hear that conversation, click here.
Thanks for listening!
Wall Street trended higher today on the hope that the U.S. and China will see some progress this week. In other business news today:
- If you are looking for a slightly used vehicle we've got good news;
- China wants something from the NBA they are not willing to give;
- Social Security folks get a bump;
- The UAW strike day 23 and an update;
- Stress out due to money? Yes say Gen X...
- Want a job? Delivery is a big deal;
- A happy job? Work from home and make...more.
Those stores and our Small Business Spotlight shines on Nancy Emmert from Pure and Lasting Transformation. Nancy is a health and wellness coach...and her uptempo spirit caused us to take notice. Click here to listen.
Thanks for coming by!
Wall Street opened down and stayed that way as more and more investors see any deal with China slipping away. It's the business news headlines for Tuesday the 8th of October...here we go:
- Dick's Sporting Goods turns $5 million worth of inventory to...scrap;
- Stocks took a hit today lots of China news;
- The NBA and China;
- The UAW strike against GM - Day 22 and an update;
- Taxed too much? Fix that by becoming wealthy;
- The major skills gap in the U.S. is....
Those stories and a Two-Part conversation with California Congressman Ro Khanna. This is Part One of my conversation with Congressman Ro Khanna who has been to Iowa nearly as often as some presidential candidates. His efforts have largely been in support of new technologies that will re-imagine Rural America. We talk about that, Silicon Valley, unions and more before we get into Medicare for All in the next segment. To listen click here.
Here, in Part Two of my conversation with California Congressman Ro Khanna, we talk about Medicare for All something that Congressman Khanna has supported and says there is so much dis-information out there he wants to set the record straight. So, we talk about taxes, rural hospitals, health care today and much more. Then, we visit a bit about Sen. Bernie Sanders and how his recent hospital trip may make his call for a universal health care system more...personal. Listen here!
Yesterday it was manufacturing numbers that sent the markets down...today the employment numbers did the same. Welcome to the business news headlines for Wednesday the 2nd of October. Today:
- The markets tanked and why;
- The U.S. has a "hiring" problem;
- High prices got you down? There is Zulily ya know;
- What's new for cars? The 7 year loan;
- Automakers see trouble ahead;
- Why not spend $ on your current workforce...no, really.
Those stories and more along with this conversation with Kari Carney and Julia McGuire from 1,000 Friends of Iowa. I know...right? You'll hear about the work they do and why it's becoming even more important as we look to the future of climate change. Listen here.
Wall Street closed yesterday up on the hope of renewed talks between the U.S. and China and then...today...out came a report on U.S. manufacturing. That story and what happened on Wall Street opens up our first newscast of a new month:
- Manufacturing data weak...very;
- President Trump calls the Fed "pathetic";
- Facebook to sue the United States if Warren is elected;
- The "Wealth Tax" is back in the news;
- GM lays off thousands more;
- Amazon and NEW grocery stores;
- Amazon 3rd party sellers pay thousands to talk to a person.
Those stories and a look at what the top 23 employers in Iowa have to say about the economy moving forward. You might say it's a "mixed bag" in this interview with Georgia Van Gundy the Executive Director of the Iowa Business Council done for us by Jeff Stein the News & Program Director of News/Talk 1540 KXEL. Here is that story.
Thanks for listening!
The markets struggled all day over concern about recent financial issues in Europe and in the end the major markets were up only slightly. In other business news on this Monday:
- A travel agency goes under and strands thousands of people;
- Where are American's on a national health care program;
- Apple to return to Austin for manufacturing at least one computer;
- More layoffs for General Motors workers;
- Music, the law and "Stairway to Heaven".
Also today Laura Kinnard joins us to talk it up about business events in the Greater Des Moines Metro this week. You can hear all of that right here.
And we're talking mental health with Peggy Huppert from NAMI-Iowa. If everything is being blamed on mental health issues why aren't we paying more attention to funding program that will...work? And, that's just the first question. Click here to listen.
Thanks for listening!
Among other things administration officials say there are no plans in the works to relax the trade war with China...oh and the deficit. Those stories and more today...
- Major business leaders tell the U.S. Senate to "Do something!";
- China and the U.S. sure we've got a story;
- The deficit and taxes...yep, that too;
- Meanwhile subprime lending is...back;
- The internet fells another retail giant;
- Health Care and Insurance now resulting in high inflation.
Those stories and more along with this conversation with J.D. Scholten who is running, again, for congress in Iowa's 4th Congressional District. We caught up with him at the opening of The Forge a tech center in Jefferson last week. It's a conversation that deals with the size of that district, his motor home and Kevin Costner...no, really. Listen to that here.
Thanks for coming by!
Some days ya just don't know where to start. It was projected that the Dow was going to open strong this morning. That didn't happen but what did happen is our first story:
- It's enough to make you shiver;
- To drive customers into its store J.C. Penny will sell....
- General Electric a "fraud bigger than Enron"? Yikes;
- Big back to school items are...bullet proof. We're not kidding;
- Walmart "open" to the discussion of banning assault weapons.
Those stories plus a conversation with Dr. Chris Draper the author of Violicity Economics...where we start out but the main focus of our visit is about "deep-fakes" and making sure what you have created is what you created and when it was created. Sound...deep? Meet the founder of Trokt and Hang on this will be something for you to hear.
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
