The transport division, which employs 35 people and has been profitable for the past few years, will reach the end of its contract on August 31 and MFA Oil might not renew the contract.
While the unemployement rate continues to rise, the number of newly laid-off workers filing initial claims for unemployment insurance fell last week by 52,000.
With the growth of energy concerns in Washington — and the allocation of federal funds to alleviate them — job opportunities in the field are expected to open across the U.S.
The U.S. unemployment rate continued to climb in the month of June, reaching a 26-year high of 9.5 percent. Economists are conflicted about how long it will be before that number starts to go down.
The Mid-America Business Conditions Index rose to its highest level since September of last year, indicating that the region's economy is improving, but despite the rise, job losses persist.
Consumers' confidence in the economy, which had surged in April and May, is projected to be virtually unchanged for June when The Conference Board releases figures on Tuesday. And major retailers will release June sales results next week.
When it comes to trimming the state's budget, critics of Gov. Jay Nixon's vetoes dispute not the spending that was cut, but the projects that were cut. Among the projects affected include the Ellis Fischel Cancer Center at MU.
The north assembly plant in St. Louis county will be open for two weeks to fulfill remaining orders on the Dodge Ram pickup truck. It will then close for good on July 10.
Missouri's current deficit is nearly $1 billion. A significant drop in revenue combined with lack of significant spending cuts during the past fiscal year are largely to blame.
With the passing of a new energy bill by the House, the Senate will now decide whether the bill will be put into action. The bill includes tighter regulations on energy and pollution.
BusinessWeek recently named Columbia the best small city in Missouri for business start-ups. The success is attributed partly to the large college-aged population.
Stress eating generally follows a lifelong pattern, and most people will stress eat from time to time, depending on how bad the stress is and how long it lasts.
UM System President Gary Forsee will deliver a message to the governor outlining the System's concerns about Nixon potentially vetoing a bill that contains much higher education funding, including money for Ellis Fischel Cancer Center.
High-speed rail plans in the Midwest are considered front-runners to get $8 billion in stimulus money, with a possible future route upgrade from St.Louis to Kansas City.
The automaker will restart operations at 7 plants on June 29 after they were shut down in May when the company entered Chapter 11 bankruptcy.
The National Park Service will offer $3 discounts on visits to the Arch and related destinations this weekend.
Blue Springs canceled its annual free fireworks show to save money, but residents will still be able to see free displays in neighboring communities.
Washington's McClatchy Newspapers ran an article Sunday offering a geographic timeline regarding which parts of the United States would return to pre-recession employment levels and when. Columbia was among one of the six projected to recover by the end of the year.
About 4,760 people attended the Midwest FairTax rally Saturday afternoon to speak in favor of the tax plan, which would essentially replace the federal income tax with a national sales tax.
The city is looking to find a way to fund at least $7 million in budget gaps each of the next two years.