Missouri businesses will have to shell out more money for unemployment taxes next year in order to pay down debt the state owes to the federal government.
Missouri began borrowing federal dollars in 2008 to pay for jobless benefits after an economic downturn drained the state's unemployment benefits trust fund. Brendan Cossette with the Missouri Chamber of Commerce and Industry says that led to the feds levying a surcharge on Missouri businesses to repay the borrowed money.
Missouri's colleges and universities continue to educate an increasing number of international students.
A report from the Institute of International Education says more than 17,300 international students enrolled at a Missouri college of university during the 2012-13 academic year. The Joplin Globe reports that's a 7.7 percent increase over the previous academic year.
The University of Missouri-Columbia has the largest number of international students, with 2,490.
Missouri businesses will pay higher unemployment taxes next year in order to pay down a state debt to the federal government.
Missouri began borrowing from the federal government in 2008 to pay jobless benefits after an economic downturn drained the state's unemployment benefits trust fund. That debt has remained outstanding for several years.
Businesses are paying a surcharge of $42 per employee this year to help pay down that debt. The Missouri Chamber of Commerce and Industry says businesses will have to pay $63 per employee in 2014.
University of Missouri curators have approved the merger of university-owned St. Louis Public Radio with the online St. Louis Beacon newspaper.
The National Public Radio affiliate is based at the University of Missouri-St. Louis and one of three public radio stations owned by the university system. The Beacon is a nonprofit news site started in 2008 by former St. Louis Post-Dispatch reporters and editors.
The merger will also mean more involvement by the University of Missouri School of Journalism in Columbia with its sister St. Louis campus.
A top senator says he supports special tax incentives to entice the Boeing Co. to build a new airplane in Missouri.
Senate Majority Leader Ron Richard said Friday that it should be "a no-brainer" for lawmakers to authorize incentives for Boeing. He says it could mean thousands of jobs and a massive boost to the economy.
Gov. Jay Nixon said Thursday that he's working quickly and aggressively to lure Boeing. Missouri is competing with several other states to produce the Boeing 777X. Nixon says a decision could come as soon as January.
Meg Goddard knows how hard the transition is for international students going to college in the United States. That’s why she and fellow Columbia College student Jovan Ilic are starting a business called “Fresh Start” to help students coming from other countries feel a little more at home right away.
The 108 airports in Missouri contributed $11 billion to Missouri’s economy, with $3.1 billion of that coming from 100,621 jobs, according to a study released by the Missouri Department of Transportation.
The study looked at direct impact money, which includes the salaries of airport workers, ticket revenue and contractors hired for construction. In addition to the direct impact, there is indirect impact money that includes hotel room and rental car sales.