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.
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The Dow signaled before the bell this morning it was going to open down...and it did. Off by over 400 points. In the end the blue-chips closed off 800 points the worst day of the year. The reason is in our first story:
- Fear of the "R-Word" is driving a sell off but there is more;
- Walmart adjusts it's inventory moving 1,000 items out. We'll share why;
- The Trade War, China & Tourists...and Macy's;
- Imagine the bank paying YOU to get a home loan. It's a story.
Those pieces and we've got a Small Business Spotlight that features the fast rise of a home-improvement company Justin Williams founded in October of last year and in that short time was awarded the Small Business of the Year Award from his local chamber. What is the secret sauce? We asked the A New Look Exteriors founder that question and more. 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.
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If you own stock...tech stock...you had a pretty good day on Wall Street. It's the Business News Headlines for a Friday and you're a click away from Friday Fun with Trevor and Jeff from Cityview Magazine. Today we've got these stories for you:
- Tech stocks rock, who did what;
- Consumer spending is way up...but where did they get the money?
- Justice Department says OK to the T-Mobile-Sprint deal;
- J.C. Penny, will they make it? At least they are trying;
- A judge slashed $2 billion from a jury decision;
- McDonald's for the win with cheap, classic food;
- Costco and the Costco Card.
Those stories and more along with Trevor Babcock and Jeff Pitts from Cityview Magazine. We call it "Stuff to DO in the Des Moines Metro" things like music, festivals, markets, sports...yeah...we've got a list and you can hear that...here.
Thanks for 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 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
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Today it was all about earnings reports on Wall Street as Coke, Hasbro and United Technologies all beat expectations. In the business news headlines for today:
- The closing of newspapers and our ability to know;
- Harley Davidson reported some lousy numbers;
- Coca-Cola thinks healthy and offers more caffeine;
- More bad news for U.S. malls;
- The $25 phone that billions will buy;
- The 93% tax on California wine.
Those stories and more along with a conversation with 2020 Democratic hopeful Andrew Yang. We sit down to talk about how he says we should be measuring the success of America, jobs, job loses, his basic income idea and small business. You can hear that conversation here.
Thanks for 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 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
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National Tractor Parts Dealer Association
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Wall Street struggled all day long as investors kept an eye toward earnings reports. In the end the Dow was up by just 17 points the Nasdaq gained 57 points on the back of tech and the S&P 500 was up by 8 points. Oil also gained on the day. In other news:
- We break down what stock buybacks do to CEO salaries;
- That Equifax settlement means you could get $20,000...but, now so fast;
- Facebook and a huge settlement coming;
- Ford is seeing its business in China sliding;
- Posting reviews about a business? Careful folks are getting sued;
- Job applicants suing companies who look at stuff without permission;
- People and Podcasts - We've got new numbers.
Those stories plus Laura Kinnard from Drake University, DMACC and Curated Growth is in to talk about business networking events and we spend some time talking about social media and B2B marketing. Think data and content. You can hear that conversation right here.
Thanks for 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 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
And we're off! Early this morning, on the hope of a Fed rate cut, the Dow jumped by well over 100 points. By mid-day investors continued to be hopeful. Catch regular updates on the market condition on our Twitter Feed @IOB_NewsHour. In other news today:
- The NRA isn't "cooking" their books but...
- Health Care and Technology;
- Netflix under siege;
- China - Manufacturing - Trade it's all back;
- President Trump and his Social Media Summit;
- American Airlines is having a lousy summer;
- The Epi-Pen shortage and new...news.
Those stories and more along with some tax talk from our CPA friend Bruce Schmiedlin from Bruce Tax & CPA who says some tax preparers are simply tucking numbers in returns causing issues for small businesses and their owners. To listen to that conversation just click here.
Thanks for listening.
The stock market closed early today ahead of the Independence Day Holiday and the Dow closed at a record up 179 points to close at 26,9866. Today you'll hear these stories plus a story about a different nation and their call for freedom and independence. Here's what's on tap:
- This automaker sold only 933 cars in the U.S....why?
- Thoughts about Lee Iacocca;
- Tesla delivers;
- You know that flag outfit you'll be wearing...it's illegal;
- Candy bars are getting...green.
Those stories plus an on-the-spot interview with a group of women from Sudan who were calling attention to the plight of their home nation. You'll hear several voices talk about the brutality there and their desire to let people know of their call for freedom. To hear that, click here.
Thanks for 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 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.
Our Sponsors
AARP-Iowa
National Tractor Parts Dealer Association
Oasis - A Paychex Company
Tero International
Signs pointed to a weak open for the Dow and it, for the most part, stayed that way. Reason? Eyes on the G-20 and the global economy. In the business news headlines here is what we've got and stay with us for a conversation with Congressman Ro Khanna about a host of items.
- Remember when Pier One Imports was...hot;
- Ford announces labor cuts;
- What? Jobless claims were up last week;
- Americans are worried and maybe they have reason to be;
- We'll talk cellphone batteries;
- An elegant French restaurant leaves a tiny town;
- Amazon makes news...again.
Those stories plus this conversation with Congressman Ro Khanna (D-CA) about a host of issues. It seems timely seeing how tonight is the second of the televised presidential debates. To hear that conversation click here.
Thanks for listening!
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Oasis - A Paychex Company
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