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Thursday, Oct. 2, 2014
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Cape Girardeau Area Chamber of Commerce Business After Hours on Tuesday, Sept. 16, 2014 at Saint Francis Medical Center's Fitness Plus.
Headlines
Regulators reject Noranda's challenge to Ameren rates (10/02/14) 6
JEFFERSON CITY, Mo. -- State utility regulators rejected a complaint from a Southeast Missouri smelter that alleged Ameren Missouri earned more than it's entitled on electricity rates. The Missouri Public Service Commission voted unanimously to dismiss a case brought by Noranda Aluminum of New Madrid, Missouri, and various individual customers asserting that Ameren Missouri's electricity rates should be reduced based on allegations it has earned more than regulators allowed...
Sikeston, Mo., chamber warns businesses of counterfeit bills (10/01/14)
SIKESTON, Mo. -- The Sikeston Regional Chamber is alerting area businesses about an individual using counterfeit money. A counterfeit $20 bill was used at a Sikeston restaurant Tuesday, according to the chamber. The counterfeit bill's serial number was je92389464b, and other phony bills might be similar...
Cape West 14 Cine's manager juggles schedules, auditoriums (09/29/14) 1
There's no business like show business, and Kevin Dillon knows shows. The manager of Wehrenberg 14 Cine in Cape Girardeau has worked in various movie houses for the past 29 years. But just like most people, he says Mondays are the hardest. Between coordinating the week's bookings with his film buyer in St. Louis, ordering necessary promotional materials and scheduling, it's his most hectic day...
Business Notebook: United Way launches group for small businesses (09/29/14) 1
Local small businesses are being asked to invest in the United Way of Southeast Missouri via the new Live United 365 Small Business Circle. Businesses can become members of the group by donating $365 a year. This can be accomplished through direct contributions, employee gifts or "purchase with a purpose" events. An example of the latter is Oct. 21 at Missouri Running Co. in Cape Girardeau. A percentage of that day's purchases will be given to United Way...
Bash Bug programming flaw presents several security risks (09/29/14)
NEW YORK -- Internet security experts are warning a new programming flaw known as the "Bash Bug" may pose a serious threat to millions of computers and other devices such as home Internet routers. Even the systems used to run factory floors and power plants could be affected...
Apple's response to iPhone glitches is key (09/29/14)
SAN FRANCISCO -- Apple's response to a high-profile gaffe involving its iPhone software may be more important than the glitch itself. As the giant tech company scrambled to fix a software glitch that left some of its new iPhones unable to make calls, some analysts said Thursday that Apple is doing the right thing by quickly acknowledging and apologizing for the problem -- which it was slower to do with earlier iPhone problems...
Wal-Mart launching mobile checking (09/29/14)
PASADENA, Calif. -- Wal-Mart is introducing a mobile checking account for its customers that will eliminate the overdraft and bounced-check fees traditionally charged by banks. It is Wal-Mart's biggest push into the financial services sector, and its target is customers who have limited access to traditional banking...
Data hackers strike Jimmy John's in Cape (09/26/14) 2
Free smells apparently weren't enough for the data thieves who helped themselves to payment-card information from Jimmy John's this summer. According to a news release posted on the company's website, Jimmy John's officials discovered a security breach July 30 and hired third-party investigators to look into it...
Business Notebook: Regional price index drops slightly in August (09/22/14)
The Midwest's Consumer Price Index declined 0.2 percent in August, according to the latest numbers from the U.S. Bureau of Labor Statistics. The CPI measures the average change in prices over time of a fixed number of goods and services. In this case, it looks at all things people buy for daily living, such as food, clothing, shelter, fuels, transportation fare and medicine...
IPO sends Chinese Alibaba beyond big Internet behemoths (09/22/14)
NEW YORK -- Alibaba debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO that offered eager investors seemingly unlimited growth potential and a way to tap into the burgeoning Chinese middle class. The sharp demand for shares sent the market value of the e-commerce giant soaring well beyond that of Amazon, eBay and even Facebook. ...
10 things to know about Alibaba's debut (09/22/14)
China's e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public offering made history: Alibaba raised $21.8 billion in its debut, making it the biggest U.S.-listed IPO in history after the IPO of credit card processing company Visa in 2008. ...
Consumers can guard against data breaches (09/22/14)
NEW YORK -- Data breaches at retailers aren't going away, but there are ways consumers can protect themselves from future heists of their payment card information. Home Depot said Thursday that malicious software lurking in its check-out terminals between April and September affected 56 million debit and credit cards that customers swiped at its stores. Target, Michaels and Neiman Marcus have also been attacked by hackers in the past year...
Mo. legislation would cut fees paid by businesses (09/18/14) 2
Missouri Secretary of State Jason Kander on Wednesday announced plans for legislation to cut fees paid by Missouri businesses to the overall lowest in the country. The proposal will be pre-filed by Sen. Wayne Wallingford, R-Cape Girardeau, and will seek to reduce or eliminate numerous fees for new and existing businesses that must file paperwork with the secretary of state...
AT&T's Missouri chief discusses company's goals (09/15/14) 2
John Sondag, president of AT&T Missouri, attended the opening of a new AT&T store in Jackson on Wednesday. He answered questions about the company locally, statewide and nationally. Note: The following answers have been edited for space constraints. ...
Business Notebook: Drury Lodge to expand in future (09/15/14)
Dennis Vollink, president of Drury Southwest, said in the next year or two the Drury Lodge at 104 S. Vantage Drive in Cape Girardeau will be redeveloped. The question is the scope of the project, which could result in an eight- to 10-story hotel. The current facility has two stories and 140 rooms...
Will Apple's digital wallet kill the card swipe? (09/15/14)
NEW YORK -- Apple wants the plastic credit card to become as rare as the paper check. On Tuesday, the company announced Apple Pay, a digital payment system that lets people pay for retail store purchases using their phones rather than cash or credit cards. The service, which will work both with iPhones and Apple's new Watch, is backed by a host of big retailers, along with most major banks and credit card issuers, including Visa, MasterCard and American Express...
Sponsors keep close watch on NFL probe (09/15/14)
Major brand sponsors are watching closely to make sure the National Football League doesn't fumble the investigation into how its executives handled evidence in the Ray Rice domestic violence case. For big companies like Anheuser-Busch, General Motors and Procter & Gamble, an NFL sponsorship is a coveted prize. ...
Business licenses (09/15/14)
Business licenses issued in Cape Girardeau during August include the following: Attaboy Construction, 436 N. Frederick St. B Cape Mart Convenience Store, 238 N. Fountain St. Check Please (Pawn), 78 S. Plaza Way Clubb Creek Motors LLC, 401 S. Sprigg St...
Tax liens (09/15/14)
Cape Girardeau County Tax liens and lien discharges recorded at the office of Scott R. Clark, recorder of deeds, during August are filed by the Missouri Department of Revenue, except as indicated by IRS designation. For more information, contact the recorder's office at 573-243-8123...
Bankruptcies (09/15/14)
Bankruptcies filed through August for the Southeastern Division of the Eastern District of Missouri's U.S. Bankruptcy Court are listed below with their corresponding case numbers. The Southeast Division includes the counties of Bollinger, Butler, Carter, Dunklin, Madison, Mississippi, New Madrid, Pemiscot, Perry, Reynolds, Ripley, Scott, Shannon, Stoddard and Wayne. Court is held in Cape Girardeau...
Health briefs (09/15/14)
KELLER NAMED BUSINESS LIAISON AT SAINT FRANCIS Saint Francis Medical Center added Beth Keller as business liaison in the business development department. Keller will work primarily with companies and industries in Saint Francis' service area, educating them on the services available at the medical center, including the Occupational Medicine Clinic and wellness programs. ...
Names in the news (09/15/14)
@Graphic Body:MONDI JACKSON HONORS EMPLOYEES David DeRousse of Ste. Genevieve, Missouri, was employee of the month for August at Mondi Jackson Inc. DeRousse, a plate finisher operator, has been with the company since Oct. 10, 2000. Mondi Jackson also recognized James Beard and Robert Dirnberger for 10 years of service...
Business briefs (09/15/14)
MCCORMICK'S STEAKHOUSE CLOSES KENNETT, Mo. -- McCormick's Family Dining Steakhouse closed its doors Aug. 24, the Daily Dunklin Democrat reported. Pokey McCormick opened and ran the restaurant with business partner L.C. Cuff, who died April 27. McCormick has decided to retire, and his entire family will be moving to Branson, Missouri, according to Joe Dicken, McCormick's son-in-law, who had been serving as the restaurant's acting manager. McCormick's employed 22 people...
College loan debt may be inevitable for many, but it's possible to limit amount, pay off in good time (09/15/14)
In 2012, about 71 percent of students graduating from four-year colleges had student loan debt, according to the Institute for College Access and Success. Data from the institute also shows the average amount of debt, and the number of students with debt, increasing steadily in the past 20 years...
A healthy career: A look at how students are trained to enter health care fields in Southeast Missouri (09/15/14)
Southeast Missouri educators who concentrate on training students to enter the health care field say the job outlook for students remains bright amid a wide array of career paths offered at area institutions, combined with an ever-increasing need for workers to provide direct patient care, medical-related management and other services...
Students come from abroad to study American business, culture and more (09/15/14)
Jakob Pallesen was only supposed to be in the United States for two semesters, but that all changed after his arrival. "I didn't really picture myself moving away from home for good," he explains. The Danish expatriate, currently working as a researcher for Southeast Missouri State University's Institute for Regional Innovation and Entrepreneurship, arrived in Cape Girardeau in 2007 after deciding he wanted to follow the example of his father and brothers by traveling.. ...
In many career fields, continuing education, training necessary to maintain competitive edge (09/15/14)
The central tenet of the American economy is the competition that breeds change and innovation. It leaves businesspeople searching constantly for an edge, a leg up, a better way of doing things. Nathan Brown, commercial insurance producer at W.E. Walker Lakenan in Jackson, explains that continuing education is a priority for most businesses. For his, it's a combination of determining best practices and maintaining state-mandated licensing requirements...
Theresa Taylor, business teacher at Cape Central High School, discusses her work with Future Business Leaders of America (09/15/14)
Theresa Taylor studied accounting and then education before landing a career in business education 15 years ago. For the past 13 years, she has worked at Cape Central High School as a business teacher and adviser to the Future Business Leaders of America. ...
AT&T opens new storefront in Jackson (09/11/14) 17
The opening of a new AT&T store in Jackson on Wednesday is part of the company's continued commitment to the state and area, said John Sondag, president of AT&T Missouri. The authorized dealer at 2050 Walton Drive, Suite D, in front of Wal-Mart, has 11 people on staff. About 40 attended the ribbon-cutting, hosted by the Cape Girardeau and Jackson area chambers of commerce...
Business Notebook: Sudden death syndrome appears in soybean fields (09/08/14)
Sudden death syndrome is showing up in soybean fields across the state. The disease is caused by the soil fungus Fusarium virguliforme, which first appear on upper leaves as scattered yellow blotches that increase in size, said University of Missouri Extension plant pathologist Laura Sweets. Yellow areas may turn brown, but veins remain green. As the disease advances, leaves turn brown and may curl up or fall off the plant...

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AP Business news
  • ECB's Draghi gives no hint of more stimulus
    NAPLES, Italy (AP) -- European Central Bank head Mario Draghi underlined the bank's willingness to ramp up its stimulus efforts with large-scale bond purchases if needed -- but otherwise offered no new economic help at the bank's meeting Thursday.
  • ECB buying bundles of loans could spur lending
    The European Central Bank plans to start buying a type of bonds known as asset-backed securities. The move is aimed at spurring bank lending to companies and getting a slack economy moving again.
  • Hong Kong protests hit city's role as finance hub
    HONG KONG (AP) -- Shops in Hong Kong have closed and the local stock market has plunged but protesters are gambling their agitation for greater democracy will pay off by preserving institutions that made this former British colony a profitable asset to China.
  • Delta and General Mills are big market movers
    NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
  • Pace of US factory activity slipped in September
    WASHINGTON (AP) -- The pace of U.S. manufacturing growth slowed in September, as expectations for hiring and new orders slipped from their August levels.