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Business

Starbucks closing 600 stores nationwide, but none in Columbia

The number of closures next year is up from 100 previously planned, a sign the coffee shop operator is hurt by the faltering U.S. economy.

InBev pitches buyout bid to Anheuser-Busch shareholders

The Belgian brewer encourged Anheuser-Busch shareholders to challenge the U.S. beer company's rejection of its $65-a-share offer, saying it would give them immediate certainty as stock markets plunge.

Anheuser-Busch to cut health, pension benefits

The benefit cuts for its salaried employees are part of its effort to cut $1 billion in costs and fend off a takeover bid by InBev.

Up/Down Columbia blog to track businesses' movements

We need you, the residents of Boone County, to share with us your experiences with new or closing businesses.

InBev, Anheuser-Busch battle in Washington

Each side is in search of influential allies to help sway public opinion — a factor potentially important in a proxy fight — and enlist the aid of lawmakers, or at least blunt the opposition.

McDonald's on MU's Lowry Mall to remain open

The lease, which was to expire Monday, will be extended three years. An MU spokesman cited the university's record enrollment for the fall and the temporary closure of the Brady Food Court as reasons for the extension.

Barley growers have stake in battle for Anheuser-Busch

The prospect of Anheuser-Busch being taken over by a brewing company with roots in Belgium and Brazil has made some Northern Plains barley growers uneasy.

UPDATE: Anheuser-Busch rejects InBev’s offer

Anheuser-Busch chief says plan to boost stock prices doesn’t include InBev.

UPDATE: Anheuser-Busch reportedly will reject InBev's offer

The Wall Street Journal said Anheuser-Busch is expected to argue that InBev's offer undervalues the St. Louis-based brewer. The rejection could set the state for a hostile takeover battle.

Monsanto's profit jumped 42 percent in 3rd quarter

The St. Louis-based company raised its earning projections for the year, but its share price fell after its earnings were released because third-quarter revenue was below expectations.

Scottrade settles over charges leveled by the SEC

The St. Louis-based company was charged with failing to conduct regular and rigorous reviews on the quality of executions.

Commission tables 2 proposed Crosscreek Center lots

The 6-3 vote followed a public hearing that heard from the project’s developers and representatives from surrounding neighborhood associations over the lots, which would be home to a Taco Bell and a Break Time convenience store.

AmerenUE looks to build second nuclear plant in Callaway County

But to do so, it needs to reverse a 30-year-old law that keeps utilities from charging for plants while they're being built.

InBev's bid for Anheuser-Busch meets public resistance

The proposed sale of the maker of the beer that bills itself as “great American lager,” to a Belgian firm has become a rallying point for some Bud fans and lawmakers playing to the populist view that America is being sold off, bit by bit.

Tomatoes coming back to Columbia grocery stores and restaurants

That's because the Food and Drug Administration has determined that tomatoes grown in more than 35 states, including Missouri, are not linked to the recent salmonella outbreak and are safe to eat.

 

Anheuser-Busch at last receives buyout offer

The unsolicited $46 billion offer from the Belgian brewer comes after weeks of speculation. The St. Louis-based brewer said its board would evaluate the proposal carefully.

Glasgow battles KC Power & Light's plans to put lines, tower in park

“It’s gotten to be an ‘us versus them’ type of thing,” Mayor Fred Foley said. “I think it’s the first time they’ve been up against a small, rural area like this.

Sedalia businessman accused of embezzling nearly $86,000

Raymond A. Potts, owner of Potts Contracting Group Inc., is charged with failing to pay the money to his company's employee pension benefit plan.

Moser Discount Foods to open northside store by December

Roger Moser said excavation has already started on a 3.5-acre lot at the intersection of Range Line Street and Brown School Road.

Potential contractor gets OK to begin work on Mo. bridge repair project

No contract has been awarded, but to speed things up, state transportation officials have given approval for a potential contractor to begin the engineering work on the project to repair 802 bridges.

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