Originally published on Wed August 8, 2012 2:12 pm
The Nuclear Regulatory Commission has put a freeze on issuing licenses for new plants and 20-year renewals for existing ones following a ruling by a federal Appeals Court.
The US Court of Appeals for the DC Circuit ruled in June that the practice of allowing nuclear plants to store spent fuel rods on site doesn’t meet federal environmental standards. The decision in essence bars the awarding of any new licenses until the industry begins addressing the problem of storing nuclear waste.
A Kansas City company has announced plans for a $400 million high-power transmission line in northwest Missouri.
The St. Joseph News-Press reports that Kansas City Power and Light will partner with the Omaha Public Power District to build the 150- to 190-mile transmission line. The precise route hasn't been determined, but the line is intended to connect Sibley, Missouri with Nebraska City, Nebraska.
The company says planners will spend the next year identifying the possible routes. Officials hope to have the transmission line in service by June 2017.
Missouri businesses directly harmed by the summer heat and drought can get low-interest loans through the U.S. Small Business Administration.
Small nonfarm businesses, agricultural cooperatives and nonprofit organizations are eligible for up to $2 million for expenses caused by the drought. The deadline for loans is March and applications can be submitted online at https://disasterloan.sba.gov/ela/.
What do these companies have in common? Yes, they're big companies, they employ a lot of people and they're successful. But here's one more thing--all of these companies were created in a period of economic downturn. The Fortune 500 is littered with stories like this.
Business Beat spoke with Maria Figueroa-Armijos who's one of the authors of a new study which suggests that certain types of entrepreneurs are on the rise and it’s not in spite of the recession--it’s because of it.
Beginning in September, most flights from Columbia Regional Airport will fly to Atlanta, rather than Memphis.
Currently, Delta Air Lines offers one daily flight to Atlanta and the rest of the flights go to Memphis.
Delta said Monday that starting Sept. 5, the morning flight Sunday through Friday will go to Memphis, while the midday and evening flights will go to Atlanta. On Saturdays, the morning and afternoon flights will go to Atlanta.
Sarah Hill is a respected television journalist, but it's her social media savvy that Veterans United Home Loans wants. The company has been growing at an incredible rate in recent months, snatching up high level employees from local organizations like like Car Fax, Williams-Keepers and the Department of Economic Development
Longtime KOMU reporter and anchor Sarah Hill is making a familiar career move at the end of August: She's taking a job at Veterans United Home Loans. Hill is the latest Columbia notable to move to the fast-growing lender that specializes in VA-backed mortgages and is known for its online marketing.
Drought has set in early and hard across the Midwest, parching the Arkansas River basin. The river trickling out of the mountains is dry before it reaches some of the major agricultural uses downstream. And the drought is torching crops, sapping tourism and threatening supplies of drinking water.
Fort Leonard Wood is dedicating a new building in honor of Missouri's first female soldier killed by hostile fire.
The south-central Missouri Army base says a memorial plaque honoring Sergeant Amanda Pinson of St. Louis will be formally unveiled during a ribbon-cutting ceremony July 26th for the new Training Support Center.
Pinson was 21 in March 2006 when a mortar exploded in the central Iraq city of Tikrit, killing her and 22-year-old Specialist Carlos Gonzalez of Middletown, New York. Both were based at Fort Campbell, Kentucky.
The company that runs the St. Louis-based cable provider Suddenlink Communications has agreed to sell itself to its management and other investors who will invest about $2 billion in the company.
Investors BC Partners and the Canada pension plan's CPP Investment Board are joining with Suddenlink managers including Chairman and CEO Jerry Kent in the deal to buy Cequel Communications Holdings L.L.C.
Cequel's previous ownership group included Goldman Sachs Capital Partners, Quadrangle and Oaktree Capital Management. The deal values the company at $6.6 billion, including debt.
It’s going to seem like this week’s show is all about keeping cows cool, and it kind of is, but keep in mind this is a serious threat to agriculture in Missouri, and thus, the overall economy in the state.
Missouri utility regulators are reviewing the cyber security practices of electric utilities.
The Public Service Commission says it is asking power companies 47 detailed questions about protections to shield the electrical grid against hackers. Regulators say they are not aware of any possible problems.
Requests were sent to Ameren Missouri, Kansas City Power & Light Co., KCP&L-Greater Missouri Operations Co. and The Empire District Electric Co. The commission is seeking responses by the end of August.
Big budget deficits and low ridership keep the Columbia Transit system searching for new ways to boost support. One unusual place they’re looking is the League of Innovators, a group of tech-oriented entrepreneurs.
Two familiar names in St. Louis construction have won a Missouri Department of Transportation contract to rebuild the Daniel Boone Bridge, which carries Interstate 64 across the Missouri River at Chesterfield.
Alberici Enterprises and Walsh Construction will start on the $125 million project in early 2013. The construction portion of the contract totals $111 million.
MoDOT director Kevin Keith called it a great day for his department and the region, saying St. Louis and St. Charles counties are getting a lot from the contract.
Some of Missouri's largest insurance companies will be refunding consumers almost $61 million this month under a provision of the federal healthcare law. Insurers who failed to spend at least 80 percent of premium-dollars on medical care and quality improvement have to repay the difference to consumers.
Visits from foreign buyers play a role in sustaining certain agriculture markets in the Midwest. Plus, educators, designers and engineers team up to try to fund the next big innovation for small farms.