The first days of April have not been kind as mounting numbers of people succumb to COVID-19. And all of that has had a major impact on business. Here's what we have for you today:
- First it was Costco now Target;
- Midwest Grocer HyVee enacts new social distancing guides;
- Hobby Lobby, finally, calls it quits and no pay for employees;
- Vermont says these are non-essential retail items;
- Airlines: Vouchers or Refunds...wanna guess;
- Mortgage relief...well maybe;
- 3M pushes back on the president;
- The Wall Street Report;
- Remember cannabis stock...it's in trouble.
Thanks for listening!
Today we got the new unemployment numbers and they are staggering. Consider that in the past two weeks over 10 million Americans are out of work. It's the business news headlines for Thursday the 2nd of April. Here is what we've got for you:
- The Small Business Bailout is tomorrow but are we ready;
- Remember that deal about loan & mortgage relief;
- The landlord letter that backfired;
- Ford reports lousy March sales;
- Amazon to take temps and hand out masks;
- The Wall Street Report;
- The Fed says the "R-Word".
Thanks for listening!
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 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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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.
Well, the rally lasted three days anyway. It's the Friday Edition of the business news headlines for March 27. Just a click away you'll hear these stories:
- Wall Street stalled today and why;
- No Cheesecake for you;
- Guns, let's talk...guns;
- Ford pulls out all the stops;
- GM gets in hot water with the president;
- Grocery workers to go on strike Monday;
- The Wall Street Report
Thanks for coming by and stay well, and safe! BTW a programming note. Insight on Business the News Hour, Week in Review is moving to NOON CDT this Sunday on News/Talk 1540 KXEL. A full hour of the biggest business news stories of the week along with our interview segments.
In normal times an unemployment report like we received this morning would have shut the markets down. But these are not normal times. Click ahead for the business news headlines for Thursday the 26th of March:
- No, these are not normal times;
- Truck drivers get a reprieve;
- Vacuums to Ventilators;
- Panic buying is hurting employees;
- UAW wary of opening up auto plants;
- The Wall Street Report;
- Nurses on the front lines.
Those stories plus a wide ranging conversation with Janice Person who recently started her company JP Loves Cotton. We'll talk about consumers, branding, transparency, trust, agriculture and consumers. It was great to reconnect with my friend from St. Louis about her new adventure. Listen to that conversation here.
From the business side this is a week to put in the rear-view mirror. Today here's what we've got for you for the Friday Edition:
- It started out well but ended poorly;
- Food and Food Workers - A sobering consideration;
- Kraft Heinz working overtime;
- Target boosts pay and benefits;
- Peloton cancels deliveries;
- Jobless numbers could be dreadful;
- The Wall Street Report
- GameStop...Essential?
Those stories plus a conversation about connecting with people and how important that is today...perhaps...more than ever. My guest is Ginger Johnson who is a professional connector. We'll talk about the importance of connecting, how to better connect with others and why all of that matters. To hear that conversation click here.
Thanks for listening.
What goes up, must go...down and that's what happened today on Wall Street. It's Wednesday the 18th of March and here is what we have on tap for you today:
- Investors are not too keen on the $1.5 trillion stimulus package it would seem;
- Unemployment claims are skyrocketing and a warning they could reach 20%;
- The "Big Three" automakers have closed assembly plants;
- Walmart and it's position to handle harried shoppers;
- Is there enough food in the pipeline...
- The Wall Street Report
- Just what is an "essential business"?
Those stories and a visit with Mike McCarthy a State President for the Alliance for Retired Americans. Who are they? Where did they come from? Who do they represent and what are their...issues? All asked and answered. To hear that conversation just click here.
Thanks for listening!
It may have been a different day but Wall Street had much the same result. After a promising open stock fell in afternoon trade. It's the business news headlines for Wednesday thanks for being with us. Today:
- The president blames the media for the stock drop;
- Airlines are slashing costs;
- The government is giving cash to Hong Kong residents;
- New technology for landlords that renters may fear;
- Ford says trouble is brewing but they can handle it;
- The Wall Street Report;
- The consumer trend of buying second-hand clothing.
Those stories plus a revisit to a housing story we had six months ago. The challenge is getting people to understand what the Neighborhood Finance Corporation does when it comes to helping many first time home-buyers. Meet Stephanie Preusch the Executive Director of this non-profit organization that not only provides low cost lending but also the extra cash to fix up the house. And...best of all the dollars used to repair the home is part of a forgivable loan. Listen here!
Thanks for coming by!
It was another lousy day on Wall Street as investors were spooked earlier in the day. The Dow has lost nearly 2,000 points in two days. In the business news headlines from today:
- The past two days have some uttering the "R Word";
- The White House says now is the time to buy stocks;
- Chinatowns around the world are empty;
- You think you have choice at the store? Not so fast;
- The Wall Street Report;
- The HOT job market cities are....
Those stories plus the very personal story of Robert "Lewy" Lewis. We're talking about a painful disability, the recognition that means so much to him and many other disabled owners and how medical cannabis gives him relief that allows him to continue working. Meet my friend "Lewy" from Quester and learn more about Disability Owned Business Enterprise. To hear that conversation, click here.
It was a wild day on Wall Street as traders decided to take some profits. Welcome to the Thursday Edition of the Business News Headlines. Today:
- Pizza is good so is the marketing and innovation;
- General Mills and the $13 box of cereal;
- Morgan Stanley is in a buying mode;
- Nissan has a deal for you...sort of;
- Mayor Pete and the American Dream;
- The Wall Street Report;
- Lingerie isn't what it used to be.
Those stories PLUS a conversation about the skills required to be a top sales person. My guest is Kyle Hopkins a Tero International Trainer who says the world of sales has transformed from product knowledge to having the ability to communicate and respond to a customers real needs. You can listen here.
Thanks for coming by!
