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The Business News 22 November 2019

It struck me, just as we were getting this ready for the newscast, that today is the 56th anniversary of the murder of President John Kennedy: November 22, 1963. In the business news today:

  • President Trump speaks "deal" and the markets go up;
  • That new Tesla truck...uhm....
  • Organized Retail Crime is a thing;
  • No tuna for you;
  • Bathrooms and Starbucks;
  • No "Angels" on the runway;
  • Let's all embrace...napping at work.

Those stories and the markets plus Jeff Pitts the Managing Editor for Cityview Magazine is in to chat it up about "Stuff to DO" in the Des Moines Metro. We're talking music, whiskey, Christmas, East Village, Farmers Market and who in sports we "hate" this week. To listen, just click.

Thanks for coming by! 

The Business News and More 7 November 2019

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 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.

The Business News Headlines & More 6 November 2019

The markets were supposed to...go up today. That's not exactly what happened as as you can see by the close. Ouch  Why and what else are in the news today:

  • What happened on Wall Street and why;
  • The U.S. has a problem with...productivity;
  • Why watching productivity matters;
  • Bank of American raises their minimum wage;
  • You, yes you, are spending way too much on your vehicle;
  • A grocery store story;
  • A big soccer deal is headed to Des Moines, Iowa.

Those stories plus the organization that is taking on the high cost of prescription drugs is serious and elected officials at the federal and state level need to pay attention because these Brad Anderson is our guest and we'll talk about that and  more. To listen, click here. 

Thanks for listening! 

Fighting the High Cost of Prescription Drugs with Brad Anderson

The 360,000 members of AARP-Iowa are mad as hell and they don't mind talking about the high cost of prescription drugs. Here Brad Anderson the State Director for the organization talks about what's going on to convince federal and state leaders to get moving on a host of ways to lower the price of prescription drugs. One of the most impactful are the stories people are telling and, according to Brad, folks are not shy. And, if you want to tell your story he's listening.  

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 PlayPlayerFMPodbeaniTunes, SpotifyStitcher 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 Business News & More 29 October 2019

Investors are looking at a couple of things: Earnings and the expected rate cut by the Fed. But...and you knew that was coming...if the Fed does cut rates and their is an economic downturn...what then? In the business news headlines today:

  • Wall Street and the Flatline;
  • Did something fishy happen with that government deal;
  • Happy Birthday to YOU...Internet;
  • Lyft Pink is seeing green;
  • Uber and a new business plan;
  • Grubhub...more trouble;
  • Online videos are crushing television. Hello TV executives.

Those stories plus a conversation with Stephanie Preusch who is the Executive Director for the Neighborhood Finance Corporation. Now, while that sounds like a fancy name they are anything but. Think of low cost entry into homeownership PLUS funds to fix up a home. The surprising world of housing options with this non-profit organization. Listen here. 

Thanks for listening!

The Business News Headlines & More 28 October 2019

Wall Street had a good day based on earnings that beat estimates and we'll share some of the stories on that today. Also:

  • Meatless Meat is a BIG thing for Burger King;
  • Homeowners NOT getting home equity loans;
  • Google to buy Fitbit?
  • JP Morgan said to be cutting NYC workforce;
  • Is your job already obsolete?
  • The gig economy and a new...gig.

Those stories and our regular feature with Laura Kinnard of Curated Growth, Drake University and DMACC where she teaches entrepreneurship. She's in at the start of each week to share with you business events happening in the Greater Des Moines Metro. Places to learn and places to be seen. You can hear that conversation right here

Thanks for listening! 

The Business News Headlines & More 24 October 2019

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'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! 

The Business News Headlines 23 October 2019

If you like roller coasters you must love Wall Street today.  Up and down, up and down as investors chewed over some earnings reports and fret about Brexit, China and global growth.  In our newscast today:

  • Are you really making $7,000 more today?
  • The Wek Work Meltdown and $1.2 billion;
  • Sunday Riley did an opps...
  • Affordable housing? How about shipping containers;
  • Got some extra cash? Be like some "A List" stars.

Those stories plus a Small Business Spotlight that shines on entrepreneur Chris Seuntjens who has, now, three companies and they are all on the move. Christoper's Rare Coins, Christopher's Fine Jewelry and Chrystal Clear Showcases.  Retire?  Not hardly. Meet Chris here

Thanks for listening! 

The Business News & More 22 October 2019

It was a mixed bag on Wall Street today as the Dow came off session highs dragged down by McDonald's and Traveler's Insurance.  We've got these stories for you today:

  • Has Harley-Davidson turned the corner;
  • Verizon and the "Streaming Wars";
  • Car prices continue to climb;
  • Housing prices going up...again;
  • Shopping Malls and Housing...a return to the 1920's;
  • Tough talk about...diapers.

Those stories and a visit from Connie Grinder in "A Mother's Tale of Mental Illness". I heard her speak last month at a NAMI-Iowa walk and asked her to share her story with you. You can listen in here.

Thanks for coming by! 

The Business News Headlines & More 2 October 2019

Yesterday it was manufacturing numbers that sent the markets 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, 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.