advertisement

Economy

Kansas smokers unhappy with proposal for cigarette tax hike

Gov. Sam Brownback has proposed boosting the tax on cigarettes from 79 cents a pack to $2.29 to address a deficit of about $422 million.

IBM job growth in Columbia falls short of initial promises

Five years after Big Blue arrived in Columbia, the firm has collected $10.26 million in state subsidies, a number that could reach $28 million.

Public incentives, private obligations: IBM’s state money

Here's a look at state investments for IBM in Columbia and how the firm has kept up its end of the deal.

Chronic wasting case hints at new normal for wildlife

The Missouri Department of Conservation will step up testing in Cole County before changing any rules — but the disease's stubborn physiology means any new measures are unlikely to reverse its spread.

Boonville Nordyne manufacturing plant empties

Once the workplace for almost 900 mid-Missourians, the Nordyne plant in Boonville is in its final days and will shutter by August.

First lady to take Gov. Nixon's place on Cuba trip

State Auditor Tom Schweich's death prompted the the governor to change his schedule. First lady Georganne Nixon will meet with the Cuban ministries of trade, agriculture, tourism and foreign affairs.

State looking into whether IBM layoffs affect subsidies

REDI expresses confidence in the tech firm that announced an unspecified number of layoffs Wednesday.

$2 gasoline: Good times keep rolling at the pump

For the first time since 2009, most Americans are paying less than $2 per gallon of gas.

UM System Board of Curators considers tuition increase for 2016-17

UM System President Tim Wolfe said the system's current tuition and supplemental fees lag behind those of comparable colleges in the country.

Columbia names new director of economic development

Stacey Button was chosen to take Mike Brooks' position as the city's new director of economic development. Brooks will retire in November.

Callaway nuclear plant replacing 30-year-old reactor part

More than 1,100 supplemental workers will join the plant's staff of 800 to perform maintenance, run routine inspections and refuel the reactor.

Walmart cuts health benefits for 30,000 part-timers

Starting Jan. 1, Walmart will no longer offer health insurance to employees who work less than an average of 30 hours a week.

Study shows 35 percent in U.S. facing debt collectors

The study points to a disturbing trend: The share of Americans in collections has remained relatively constant, even as the country as a whole has whittled down the size of its credit card debt since the official end of the Great Recession in the middle of 2009.

ANALYSIS: What's making U.S. economy a world beater? Five factors

The U.S. job market is humming, and the pace of economic growth is steadily rising. Five full years after a devastating recession officially ended, the economy is finally showing the vigor that Americans have long awaited.

Boone County housing market down in May, up overall

Fewer homes were sold in Boone County this May than last year. But since last May, more homes have been sold year-over-year, and those homes spent less time on the market.

American economy bounces back from brutal winter

Employers added 288,000 jobs last month, and the unemployment rate sank to 6.3 percent, its lowest point since 2008, from 6.7 percent.

Former governor of the Federal Reserve System discusses latest financial crisis

Randy Kroszner, former governor of the Federal Reserve System and professor of economics at the University of Chicago's Booth School of Business, spoke about the nation's latest financial crisis at the MU School of Law on Friday.

Dogecoins help send Jamaican bobsled team to Sochi Olympics

Initially conceived as a joke, Portland programmer Billy Markus and Australian marketer Jackson Palmer needed a symbol of philanthropy and jest to exemplify their vision of the Internet.

New CEO Satya Nadella takes hold of Microsoft future

Microsoft names Satya Nadella as new CEO as Bill Gates takes a new role as a technology adviser.

January economic survey suggests growth in Midwest

Midwest economic index on the rise, but business confidence index may see a decline in coming six months.

advertisements