Business

KMIZ to be sold to St. Joseph media company for $16 million

The News-Press and Gazette Co., which is owned by the chairman of the UM System Board of Curators, has filed to buy two television stations and two subchannels owned by JW Broadcasting.

Returning military program makes transition to 'civilian world' easier

About 250,000 service members leave the military each year, and all must attend a transition program reconnecting them to the civilian workplace. President Barack Obama announced Monday that this program will be redesigned, and assistance will be offered earlier in a military career.

Missouri man sentenced for energy machine scheme

A northern Missouri man was sentenced Tuesday to 78 months in prison for claiming a fictitious device called "Boydoplex" could generate energy.

Nixon, UM president Wolfe to tout nuclear plan

Utility executives and business leaders are attending an economic development summit in Columbia while officials await word on a U.S. Department of Energy grant application.

UPDATE: Walgreen Co., Express Scripts sign new agreement

The Walgreen pharmacy chain will begin filling prescriptions from customers in the Express Scripts network again starting in September under a new multiyear contract that ends a costly impasse between the companies.

Defense firms warn of job losses from budget cuts

Robert J. Stevens, chairman and chief executive officer of Lockheed Martin Corp., said the across-the-board reductions could result in layoffs of 10,000 employees from his company of 120,000 workers.

FDA approves first pill to help prevent HIV

The FDA's decision marks the latest milestone in the 30-year battle against the virus that causes AIDS.

A year after floods, shippers face low Mississippi River

The river's low water levels have caused cargo barges to run aground and have forced their operators to transport fewer goods per ship.

Business schools offering PR tips to future CEOs

The Public Relations Society of America has launched a pilot project at five business schools to teach MBA students how to handle crises and preserve corporate reputations.

Gov. Nixon vetoes Missouri vehicle sales tax legislation

Gov. Jay Nixon has vetoed legislation allowing Missouri communities to resume levying sales taxes on vehicle purchases despite a lobbying effort from local officials and vehicle dealers.

Results of Alzheimer's drug studies due soon

Researchers are studying three possible treatments for Alzheimer's disease. Current medicines such as Aricept and Namenda just temporarily ease symptoms. There is no known cure.

 

Yoga teacher fired after glare at Facebook worker

A Northern California yoga instructor said she got fired after she glared at a Facebook employee who texted during a class in June.

Community Improvement District OKs Bengal's concert plan, street closures

Bengal's Bar and Grill's plan to hold a concert, which would require street closures, was given a go ahead by the the Community Improvement District. The event must still be approved by the City Council.

Building costs rise at U.S. nuclear sites

Licensing delay charges, soaring construction expenses and installation glitches have driven up the costs of three plants in Georgia, Tennessee and South Carolina. Those problems, along with jangled nerves from last year's meltdown in Japan and the lure of cheap natural gas, could discourage utilities from sinking cash into new reactors, experts said.

Columbia roll-your-own tobacco store to end rolling Friday after new law passes

Roll On Premium Smokes will no longer be able to roll cigarettes after a new bill is signed into law.

BOONE LIFE: Postnatal placenta remedies gaining popularity in Columbia

The placenta can be used to replenish mothers' energy, hormones and to avoid postpartum depression.

Campaign promotes Chicago to Kansas City expressway

Signs have been installed along parts of U.S. 36 and Interstate 35 to promote a Chicago-Kansas City Expressway.

 

Sale nears completion for St. Louis Union Station

Two suburban St. Louis companies, Lodging Hospitality Management and THF Realty, are working to buy Union Station and redevelop the site in a $50 million renovation that includes some public financing.

Debt dispute leaves Missouri man stuck in China

Involved in a business dispute, Steve Fleischli has been stuck in China for five months. In a dispute over his company's unpaid debt to Chinese firms, the Chinese government forced Fleischli to surrender his passport and refused to let him leave.

Missouri gubernatorial candidate Dave Spence repaid New York jobs aid

Dave Spence's plastic bottle business had to repay $75,000 of incentives to New York after failing to meet job targets, according to records obtained by The Associated Press.

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