It's really hard to believe that we were in such a different place just three months ago. Then, not much talk about a recession...today it's different. Here are the stories we've got for you today:
- Fed Chair says we must do more or face a major risk;
- 90,000 workers may lose their jobs but executives get $4.5 million;
- Big tax breaks for big businesses click in;
- Consumers not hording but a new habit is taking place;
- Prices Sink - Prices Rise - The tale of two economies;
- The Wall Street Report;
- Expect more lousy jobless numbers tomorrow.
Those stories plus a loan program for micro-businesses in Iowa that didn't or couldn't qualify for state or federal business bailout programs. You'll meet Deidre DeJear and Kameron Middlebrooks and the Iowa Small Business Relief Fund. To listen, click here.
Thanks for coming by!
Everyday we report on the regional and national business news and we're keenly aware that the financial programs being handled by the federal government have, for the most part, flowed to large companies. But, what about the small company? The company that has one to just a few employees? The small businesses that may not enjoy a hefty banking relationship? There are...thousands. Now a consortium has created the Iowa Small Business relief Fund for the express purpose of supporting these micro-businesses who have not been recipients of federal or state relief collars. Meet Kameron Middlebrooks and Deidre DeJear as we talk about how this program is more than money, how small business owners can apply and how others might donate. Go....
The award winning Insight on Business the News Hour with Michael Libbie is the only weekday 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 Noon 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
Welcome back to the Business News Headlines for Thursday the 7th of May. Here's what we've go on tap for you today:
- Caution to the wind or are investors just pumped;
- On the retail front another department store files Chapter 11;
- Meanwhile an Iowa based department chain will open tomorrow;
- Malls are opening up but they are not being met by...shoppers;
- Canned food is a big business so to is making the cans;
- Pizza seems to be a hit during the pandemic;
- We've got the Wall Street Report
- And, WHAT? No more "free lunch" in Silicon Valley?
Those stories and an impactful conversation with Constitutional Law Professor George Isaacson who is also the Senior Partner for the law firm Brann & Isaacson for another conversation about online sales and sales tax. With over 12,000 tax bodies in the United States it's increasingly difficult to manage and collect taxes. However, there is a solution. We open up by talking about the Constitution and trade. To hear that conversation just click here.
Thanks for coming by!
For small business owners who were hoping to take part in the Paycheck Protection Program it's like Groundhog Day all over again. Here are the top business news stories for today the 27th of April, 2020.
- "It ain't workin'." say lenders;
- Oil is back in the news;
- "The food supply is broken!";
- It's a good time to be a restructuring expert;
- The Wall Street Report;
- Not paying credit cards? You are not alone.
Those stories plus a two part conversation with former Admiral Mike Franken who is attempting to become the next U.S. Senator from the state of Iowa.
Here is Part One with Michael Franken.
Here is Part Two with Admiral Mike Franken and his 2020 bid to become the next U.S. Senator from Iowa.
Thanks for listening!
In case you had not heard the price of oil for May delivery fell into negative numbers. Like -$37.63 a barrel. We'll share why and that's just one of several stories we've got on tap today:
- Big businesses get cash; Mom & Pop...nada;
- Wells Fargo...again;
- Too much oil means: Think Supply & Demand;
- Another meat processing facility to close;
- The clothing industry is trouble...a confession;
- Debt collection and stimulus checks;
- The Wall Street Report
- Students to miss out on summer internships.
Those stories PLUS I'll visit with Charlie Wishman the Secretary Treasurer for the Iowa Federation of Labor AFL-CIO about "essential workers". If they are so "essential" why are we not doing more to protect them? It's a good question and today those issues were taken directly to Governor Kim Reynolds of Iowa. Click here for the story.
Thanks for listening.
A strong dose of reality came about today and Wall Street seemed to like it. It's the business news headlines for Monday the 30th of March. On tap today:
- Open for business? Not so fast;
- Workers stage walkouts;
- Big banks tell customers...don't borrow;
- Oil futures crash;
- Johnson & Johnson working on a vaccine;
- Several companies ramping up new design ventilators;
- The Wall Street Report;
- Isolation Issues? Astronauts have some advice.
Those stories plus a hyper-local interview about business events and some outstanding work being done remotely by several business centered organizations in the Greater Des Moines Metro. That's with Laura Kinnard and you can hear her...HERE.
For a bit today it looked like the U.S. Senate was going to pass an economic package but the deal, once again, fell through. That story and these are coming to you today:
- The "deal" that wasn't;
- The toilet paper saga is real and why;
- Retailers have deals but will consumers bite;
- Grocery stores and security;
- A pizza chain that wants to hire 30,000 workers;
- Zillow is canceling their home buying program;
- A slow down in the rental industry as well;
- The Wall Street Report;
- Some are now using the "D Word".
Those stories plus Jessica Dunker from the Iowa Restaurant Association will join me to talk about the economic impact restaurant owners and staff are experiencing and what steps the association is taking to help in these difficult time. To hear that...just click here.
Thanks for listening.
The markets all struggled today to get above the flatline but why? We'll share that store and more today. Here's what's on tap:
- Americans' waste over $1,600 a year;
- Troubling housing news from Fanny & Freddy Mac;
- Netflix "must reduce cost to remain competitive";
- Ho, Ho, Horrible Tariffs and Holiday Shopping;
- Amazon workers flexing their muscle;
- The Wall Street Report;
- Trends to watch for in 2020.
Those stories and Deb Brown from Save Your Town talks to us about rural issues that are not what are often being reported. Deb and her partner Becky McCray just released a study that tells us what folks in Rural America really want. One of those things is they want people to listen to....them. You can hear that...here.
Thanks for coming by!
This conversation marks the third time we've had the opportunity to sit down with 2020 Democratic Presidential Hopeful, Andrew Yang. We recently caught up with him as he toured Iowa and sat down for Four Questions. We start out talking about measuring GDP, jobs, workers, unions, small business and his Universal Basic Income of $1,000 to individuals 18 to 64. Meet Andrew Yang...
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
