It was hats and horns on Wall Street as investors believe there may be an end in sight for the trade war between the U.S. and China. But, there is a but. Stories today:
- It's not yet a done deal and what is the..."But";
- Millions of American's are in serious financial trouble;
- Low wage jobs abound and the future isn't bright;
- Sears to close more stores;
- Black Friday why it's already here and why;
- The Des Moines River project gets a $25 million grant.
Also today we're going to talk about repairing the stuff you already own. The movement is called "Right to Repair" and our guest is Gay Gordon-Byrne from Repair.org. We'll talk about something you may have little knowledge about when it comes to fixing your own stuff from cell phones to agricultural equipment. You can hear that here.
Thanks for listening.
It's perhaps something that you've never thought of. You go and buy something. You own that thing right? However what you so often can not do is fix it yourself. That's called having the "Right to Repair" and our guest today is Gay Gordon-Byrne from the consumer group Repair.org. Here we'll talk about everything from smartphones to agricultural equipment to refrigerators (no, really!) that consumers buy but then find they have no ability to fix it because manufacturers hold the key. This is pretty interesting stuff...
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.
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The markets struggled all day and in the end the Dow missed making it back to the flat-line. It's the business news headlines for Thursday the 24th day of October. And, we've got a shorter segment today because we've got a rare two-part interview with the current Mayor of the City of Des Moines, Iowa, Frank Cownie. In the news:
- What happened today on Wall Street;
- Tesla is now the most valuable U.S. automaker;
- Flight Shaming...it's a thing;
- Twitter stock drops and we'll share why;
- Pot profits...going up in smoke.
Those stories plus a two-part long form interview with Mayor Frank Cownie. Mayor Cownie has served the city of Des Moines, Iowa for 16 years and he wants another four. I'll ask him why voters should reward him for that. Plus we'll talk about promises made and he says...kept. Here is Part One.
Then in Part Two we'll talk about the water issue that impacts not only Des Moines but also the surrounding communities that buy water from the Des Moines Water Works. We'll also get into flooding, climate change and more. Here is Part Two.
Thanks for listening!
There was some good news on the business front today and you would have thought that might supercharge the markets but...it was not to be. The Dow posted a modest gain of 23 points to 27,025 the S&P 500 was up by 8 points and the Nasdaq out performed up by 32 points to end the day at 8,156.
- The Markets and what happened;
- Is the White House manipulating the markets;
- China and Ag will they or won't they;
- Taco Bell and advertising;
- Space Suits are ready for you.
Those stories and a conversation with Jamie Fitzgerald who is the Polk County, Iowa Auditor. Jamie is in to talk about the many changes voters will face this November and how to go about the voting process. There are some differences to past years and a recent court case to talk about. Here too is the Iowa Secretary of State website. You can hear that episode here.
Thanks for listening!
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!
Former State Senator Jack Hatch has, once again, dusted off his campaign talents to take on incumbent Mayor Frank Cownie. Many have questioned why Senator Hatch who served in the Iowa Legislature and was the Democratic candidate for Governor would want to run for this office. That's where we start and he's got lots of reasons. Here then is Part One:
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
Wall Street had a party today as President Trump said the first step in a trade agreement with China is about to be drafted....that caused the Dow to climb by over 319 points. Today:
- A trade deal but few details as of now;
- Older model used cars are rising in price;
- Americans are behind on car payments;
- Tesla and it's autopilot...good or bad?
Those stories plus Jeff Pitts from Cityview Magazine is with us riffing about "Stuff to DO in the Des Moines Metro" this weekend into next week. To listen to that, just click here.
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!
Even with continuing headwinds Wall Street was able to pull off a win today. Welcome to the Business News Headlines for Thursday the 3rd of October. On tap today:
- The Jobs Report is due tomorrow morning and it's important;
- President Trump signs an executive order about Medicare;
- The housing sector seems to be booming;
- Young people are leaving glitzy cities for lower cost communities;
- Unions, Nurses and Wages it seems to be a trend;
- Tesla disappoints and its stock suffers.
Those stories and for the interview I'll visit with Natalie Veldhouse a research associate from the Iowa Policy Project about the little known reality that Iowa is such a low wage state, why it matters and what forces are at work to keep it that way. That stunning conversation is right here.
Thanks for listening!
