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Business

Business
5:29 pm
Tue March 11, 2014

Ameren Missouri selects new CEO

Credit forwardstl / flickr

  St. Louis-based utility company Ameren announced today that executive Michael Moehn has been named chairman, president and chief executive officer of the utility's Ameren Missouri subsidiary.

Moehn succeeds Warner Baxter, who will become Ameren CEO on April 24.

Moehn has held several leadership roles since joining Ameren in 2000.

Ameren provides electric and natural gas services in parts of Missouri and Illinois.

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Business
5:34 pm
Fri March 7, 2014

Moberly domestic violence center denied grant money

Credit 401K 2013 / Flickr

For the first time in 10 years, Moberly's Safe Passage Domestic Violence Center did not receive a grant from the Missouri Housing Development Commission

The center has been using these funds to pay half of the operation expenses, such as utilities, internet and phone. Co-director of the Moberly center Kelly Pedigo says she is not sure why the grant was rejected.

“We really don’t have any information as to why we were cut,” she says.

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Business
5:20 pm
Fri March 7, 2014

Wal-Mart sides with Ameren in electric rate case

Credit Ron Dauphin / Flickr

Wal-Mart doesn't want Missouri's largest electric customer to get a lower utility bill from Ameren Missouri.

Noranda Aluminum Holding Corp. is seeking about a 25 percent reduction in the rate Ameren charges at its aluminum smelter in the southeastern Missouri town of New Madrid.

Wal-Mart filed a motion opposing the reduction Friday with the Missouri Public Service Commission, which regulates utilities.

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Business
7:38 am
Fri March 7, 2014

'Angel Investment' seeks to attract high-tech money to state

Credit Kristofor Husted / KBIA

The Missouri House has passed legislation to create tax incentives to lure wealthy high-tech investors to the Show-Me State.

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Business
4:00 pm
Thu March 6, 2014

MU professor helps create sexual violence prevention app

Tina Bloom, assistant professor at the Sinclair School of Nursing, helped create the One Love MyPlann App.
Credit Sinclair School of Nursing

  In 2010 Yeardley Love, a student at the University of Virginia, was killed by her boyfriend. In her honor, the One Love Foundation was created and the foundation funded development and research for One Love MyPlann app. 

Tina Bloom, an assistant professor of Nursing in Sinclair School of Nursing, helped create the app says how women between the ages of 18 to 24 are at the greatest risk for violence in a relationship.

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Business
4:19 pm
Tue March 4, 2014

Missouri adds jobs while jobless rate remains steady

With the number of unemployed Missourians unchanged, the state added over 1,000 net jobs in January.
Tim Patterson Flickr

Missouri payrolls grew in January while the state's unemployment remained unchanged at 6 percent.

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Business
2:40 pm
Tue March 4, 2014

Missouri revenues increase from previous year

Missouri's general revenues are greater at this point than they were in February of last year, a state report confirms.
File Photo Flickr

A new report shows Missouri revenues were up slightly as the state reached the two-thirds mark of its budget year.

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Business
5:54 pm
Fri February 28, 2014

Iowa company pleads guilty to release of gasoline-contaminated water

The contamination of a southwest Missouri sewer system led to the evaucation of an elementary school in Duenweg, Mo.
jcarlosn Flickr

An Iowa company has pleaded guilty to federal charges stemming from the release of thousands of gallons of gasoline-contaminated water into a sewer system in southwest Missouri.

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Business
5:49 pm
Fri February 28, 2014

Moberly ruled not responsible for Mamtek bonds

A U.S. district judge ruled that the city of Moberly, Mo., had legally issued bonds in relation to the construction of a Mamtek plant in 2010.
Kristofor Husted KBIA

A federal judge has ruled that the city of Moberly, Mo., and its industrial development authority are not responsible for bonds involved in a failed artificial sweetener plant project.

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Business
6:14 pm
Thu February 27, 2014

Legislation for truce between Missouri and Kansas business passes Senate

The border competition between Missouri and Kansas businesses would be held to a truce following legislation passed by the Missouri Senate.
Jacob Fenston KBIA

Missouri senators have passed legislation proposing a truce with Kansas in the battle for businesses in the Kansas City area.

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Business
3:36 pm
Mon February 24, 2014

Air Service Revenue Guarantee fund remains untapped

Credit clarkmaxwell / Flickr

The City of Columbia announced on Thursday that January revenue for Columbia Regional Airport meant American Airlines would not require payment from the Air Service Revenue Guarantee fund for the eleventh month in a row.

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Business
8:47 am
Mon February 24, 2014

Columbia P&Z recommends rezoning for downtown student housing

The City of Columbia’s Planning and Zoning commission voted Thursday night to recommend approval of a large student housing development project near the MU campus. The proposed development, located between Providence Road and Fifth Street, is pushing forward despite uncertainties about downtown Columbia’s infrastructure.           

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Business
12:29 pm
Thu February 20, 2014

Propane shortage strikes Mid-Missouri

Credit ryochiji / Flickr

Some Kirksville residents are finding it hard to stay warm this winter due to a propane inventory shortage in the area.

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Business
8:23 am
Wed February 19, 2014

MFA Oil CEO announces retirement

The president and CEO of MFA Oil announced Monday that he is retiring. After 32 years of working with MFA Oil, Jerry Taylor will retire on August 31, 2014. 

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Business
4:58 pm
Tue February 18, 2014

Ameren CEO to retire in July

Credit ForwardSTL

  Ameren Corp. is promoting Warner Baxter to president of the St. Louis-based utility, effective immediately, and he'll become CEO this spring.

Baxter is a longtime executive at Ameren. He succeeds Thomas Voss, who will retire on July 1.

Ameren said Tuesday that Baxter also has been elected to the board of directors. He will become chief executive on April 24 — the day Voss will become Ameren's executive chairman.

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