RSS
State has lost billions in sales tax revenue over decade
Although Internet sales continue to grow, many states, including Missouri, have no means of capturing sales tax on those purchases. Researchers at the University of Missouri Truman School of Public Affairs recently found that the state lost about $468 million annually in sales tax revenue during the past decade...
![[SeMissourian.com]](http://www.semissourian.com/images/nameplate.png)
|
|
Fair ~ River stage: 23.65 ft. Falling Wednesday, May 16, 2012 |
|
|
|
Send us your news and events
Let us know what's happening in your organization. Contact us by e-mail at businesstoday@ semissourian.com or call 388-3633. Photos can be submitted by e-mail or taken in our studio.
Subscribe to Business Today Business Today is available for $1.50 at the Southeast Missourian offices in Cape Girardeau and Jackson. To subscribe, contact Cheryl Ellis at 388-2785 or cellis@semissourian.com. |
Jackson Chamber Business After Hours May 8
 Jackson Chamber of Commerce Business After Hours May 8 at Lazy L Safari Park. Headlines
Missouri Senate votes to add cellphones to state's no-call list
(05/16/12)
 1JEFFERSON CITY, Mo. -- Legislation allowing Missourians to add their cellphone numbers to the state's no-call list for telemarketers is on its way to Gov. Jay Nixon. The measure would prohibit most solicitations by phone call or text message to cellphones placed on the list, which Nixon helped implement when he served as Missouri attorney general...
Annual Scott City yard sale to be earlier this year
(05/16/12)
In hopes of drawing bigger crowds, organizers are moving the annual Scott City yard sale up to June 8 and 9. Since the annual yard sale started nine years ago, it has been held in September over Labor Day Weekend. "We're trying to beat the heat and give people an opportunity to do some earlier spring cleaning to get rid of things," organizer Chaundra Mason said. "It's been such pretty weather, we didn't want to wait until it got too hot."...
Missouri lawmakers vote to allow more digital billboards
(05/16/12)
JEFFERSON CITY, Mo. -- Drivers on Missouri roads could see more digital billboards displaying messages that can be changed instantly under legislation given final approval Tuesday. Current law allows digital billboards if they comply with all federal and state rules. The state Department of Transportation said there are already about 60 such signs throughout the state and about 1,900 are eligible to convert to a digital format...
Missouri gains 6,000 jobs in April
(05/15/12)
1JEFFERSON CITY, Mo. (AP) -- Missouri added about 6,000 jobs in April as its seasonally adjusted unemployment rate edged down slightly. Figures released Tuesday by the state Department of Economic Development also show that Missouri added more jobs in March than originally thought. The March job growth was revised upward from 4,800 new jobs to 6,800 jobs...
Cape Girardeau County could lose $250,000 to new sales tax rules
(05/15/12)
5Cape Girardeau County stands to lose an estimated $250,000 in sales tax revenue from motor vehicle purchases after a March ruling made by the Missouri Supreme Court. And legislation that would allow the collection of the taxes locally must pass by the end of the session Friday, or wait until next year...
Drought creeping into much of Southeast Missouri
(05/15/12)
2SIKESTON, Mo. -- Sporadic and scarce rainfall across Southeast Missouri this spring has forced the region into abnormally dry and even drought-like conditions. Rain in the Bootheel has definitely been spotty, according to Sam Atwell, agronomy specialist and county program director for the University of Missouri Extension in New Madrid County and Southeast Region... 
Buying Facebook IPO shares will be tough task for small investors
(05/15/12)
CHICAGO -- Hoping to get in on Facebook's hotly anticipated public stock offering? You'll need Facebook friends at high levels -- or a lot of money. Most people who like the idea of owning Facebook's stock will have difficulty getting it at the offer price, currently expected at $28 to $35 a share. Unless you know the right people at Facebook, you'll likely need to have a large, active account with one of the big banks or brokerage firms directly involved in the stock sale...
European, Greek woe could cause problems for U.S.
(05/15/12)
WASHINGTON -- Your 401(k) could sink again. A plummeting euro may make it harder for American companies to sell goods overseas. Credit could be tightened. These are all potential complications of a European debt crisis that risks spiraling out of control. And in today's interconnected global economy, Greece's troubles could over time become a headache for all of Europe and by extension the rest of the world... 
Proposal would reduce hours, not close rural post offices
(05/14/12)
Rural post offices that were threatened with closure instead may have their hours reduced over the next two years, but the fate of the mail processing facility in Cape Girardeau is still in question unless the U.S. House of Representatives acts by Tuesday... 
Hospitals join forces to manage medical records
(05/14/12)
3Two hospitals that once viewed each other as competition have come together to meet new federal mandates for electronic medical records. SoutheastHEALTH and Missouri Delta Medical Center in Sikeston, Mo., formed a new company, Servir, to build and manage a common networking and data storage center for both organizations. They're currently seeking other medical providers to partner with them for data storage as well...
JPMorgan CEO: ‘Dead wrong' about trading concerns
(05/14/12)
NEW YORK -- The CEO of JPMorgan Chase, which disclosed a $2 billion loss last week, said he was "dead wrong" when he dismissed concerns about the bank's trading last month. CEO Jamie Dimon said he did not know the extent of the problem when he said in April that the concerns were a "tempest in a teapot." After the bank reported the trading loss, investors shaved almost 10 percent off the bank's stock price... 
Talking shop with Joe Rozier, vice president of marketing and merchandising with Workforce Employment Solutions
(05/14/12)
Editor's note: This story originally appeared in Business Today, the Southeast Missourian's monthly business magazine. To receive a copy of Business Today, email Cheryl Ellis at cellis@semissourian.com or call 388-2785. Born and raised in Ste. ... 
People on the move 5/14/12
(05/14/12)
Kevin Greaser, community bank president at Alliance Bank, has announced the promotion of Peggy Kelley to mortgage loan originator. Kelley has been involved in the mortgage business for about six years. She has firsthand knowledge of mortgage lending, having served as a mortgage loan processor at Alliance Bank... 
Saint Francis Medical Center planning $127M expansion
(05/13/12)
10In an effort to provide more patient privacy, Saint Francis Medical Center will spend up to $127 million to upgrade and expand its Cape Girardeau facility. When completed in 2016, all of the hospital's 320 patient rooms will be private, said Steven C. Bjelich, president and chief executive officer...
After big JPMorgan loss, a call for stricter oversight
(05/13/12)
1WASHINGTON -- JPMorgan Chase faces intense criticism for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy to manage financial risk. More than three years after the financial industry almost collapsed, the misfire was cited as proof that big banks still do not understand the threats posed by their own speculation...
Completion of Poplar Bluff hospital slated for January
(05/11/12)
POPLAR BLUFF, Mo. -- A new date for completing construction of the $173 million Poplar Bluff Regional Medical Center was announced during the Topping Out Celebration Wednesday. "We are very excited to announce we will open the doors and begin operations in January 2013," said Charles Stewart, market chief executive officer for PBRMC and the Missouri Region. "This is more than a year earlier than originally announced."... 
SEMO Port making $1.3 million in repairs, improvements to railroad tracks
(05/10/12)
As demand for its rail services grows, the SEMO Port is working to upgrade its tracks this summer. The port received $1.3 million through the U.S. Department of Commerce's Economic Development Administration to make repairs and improvements to a six-mile section of railroad track from the port to Cape Girardeau... 
Postal Service says it will keep rural post offices open
(05/10/12)
WASHINGTON (AP) -- The financially struggling U.S. Postal Service sought Wednesday to tamp down concern over wide-scale cuts, revealing it will seek to keep thousands of rural post offices open with shorter hours. At a news briefing, Postmaster General Patrick Donahoe said the mail agency was backing off its plan to close up to 3,700 low-revenue post offices sometime after May 15. ... 
Menards set to open Cape Girardeau store Tuesday
(05/10/12)
8Cape Girardeau's newest home improvement retailer, Menards, will open Tuesday. The $8 million project is the largest retailer to open in Cape Girardeau since 2006, when both Kohls and Sears Grand opened their doors. The Menards Mega Store includes 162,340 square feet of retail space, a garden center and lumber warehouse... 
River Eagle founder Gene Patterson dies
(05/10/12)
1Gene H. Patterson, 73, president and CEO of River Eagle Distributing of Cape Girardeau, died Tuesday at Saint Francis Medical Center. According to his son, Shawn Patterson, his business philosophy was, "Kill them with kindness. They may not drink your beer, but don't give them a reason not to drink your beer."...
Man killed in Jackson workplace accident identified
(05/09/12)
1Authorities have identified the worker killed in a Jackson construction accident early Monday morning. Matthew Pooker, 29, of Festus, Mo., was helping change a track on a crane in the yard at Penzel Construction Co., 325 W. Jackson Blvd., when he was trapped between the track and some railroad timbers, Cape Girardeau County Coroner John Clifton said...
Magnet comparing resumes of executive director applicants
(05/09/12)
1The search for the area's lead economic developer is moving forward now that the deadline for candidates to submit their resumes has passed. More than 25 applicants turned in resumes by the May 1 deadline and are under consideration to become Cape Girardeau Area Magnet's new executive director, according to search committee member Barbara Lohr, who is also mayor of Jackson. There is a mixture of local candidates and several from out of state, she said... 
Ford to boost output this year by 40,000 vehicles
(05/09/12)
1DETROIT -- Rising car and truck sales have prompted Ford Motor Co. to add a week of production at 13 North American factories so the company can make another 40,000 vehicles this year. Ford said Tuesday that it would cut in half the normal two-week summer shutdown at six assembly plants and seven engine and parts plants. Auto plants normally close for two weeks around the July 4 holiday as they switch over to make vehicles for the next model year...
Bank of America initiates home loan modification offers
(05/09/12)
LOS ANGELES -- Homeowners with a Bank of America mortgage have good reason to check their mailbox. The lender said Tuesday it has begun mailing out letters to customers who may qualify to have their home loans reduced as part of a multistate settlement over alleged foreclosure abuses... 
Broadway businesses invited to meeting to talk about Cape corridor project
(05/08/12)
1An event scheduled for May 16 is being billed as a "Broadway neighborhood meeting," but officials say it's really another attempt to keep business owners informed as road crews continue to chew up the chunks of pavement in front of their buildings. Business owners situated all along the $4.5 million Broadway corridor project in Cape Girardeau from Water to Pacific streets were invited to attend the meeting that begins at 5:30 p.m. ...
Man killed in Jackson workplace accident
(05/08/12)
1An unidentified worker died on a Jackson construction company's property early Monday morning, authorities said. The male worker was helping change a track on a crane in the yard at Penzel Construction Co., 325 W. Jackson Blvd., when he was trapped between the track and some railroad timbers, said Cape Girardeau County Coroner John Clifton... 
From hobby to business: Son used education to construct brewery's business plan
(05/07/12)
3John A. Huber's brewing hobby has become a microbrew business with a growing customer base. John A. Huber Brewing Co. started producing its flagship beer, Hubrew Blonde Ale, earlier this year near Fruitland. He started brewing in 2003, after his sons, Matt and Chad, gave him a home brew kit for Christmas...
Change house is part of effort to create ‘better environment' at Noranda
(05/07/12)
3MARSTON, Mo. -- Change has never been easier at Noranda. A grand opening for Noranda's new $4 million change house was Friday morning at the facility, the latest structure to go up at the aluminium company's New Madrid, Mo., plant at the St. Jude Industrial Park just outside of Marston...
Minimum wage, payday loan petitions submitted
(05/07/12)
JEFFERSON CITY, Mo. -- Supporters of raising Missouri's minimum wage and limiting payday loans have submitted petitions to get the measures on the November ballot. The minimum wage proposal would boost Missouri's minimum pay to $8.25 an hour starting 2013, with an annual cost-of living adjustment in subsequent years...
People on the move 5/7/12
(05/07/12)
Several employees were recently recognized for outstanding performance and workplace longevity at the Mineral Area College Awards Banquet. General services supervisor Tom Bowyer of Park Hills, Mo., was among the three top award winners. He received the Classified Staff Employee of the Year Award. ... |
Talking shop with Joe Rozier, vice president of marketing and merchandising with Workforce Employment Solutions
(05/14/12)
Editor's note: This story originally appeared in Business Today, the Southeast Missourian's monthly business magazine. To receive a copy of Business Today, email Cheryl Ellis at cellis@semissourian.com or call 388-2785. Born and raised in Ste. ... AP Business news
|
