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Missouri's economy lagged nation's in 2011

Jun 6, 2012

Missouri’s Gross Domestic Product growth was stagnant in 2011. That’s according to a new report released Tuesday by the federal Bureau of Economic Analysis, or BEA.

Executives from Ameren Missouri and Westinghouse presented their plans today to the state Public Service Commission for pursuing grants to build small nuclear reactors.

The two companies have teamed up to pursue up to $452 million from Washington to build up to five Small Modular Reactors, or SMR’s, at Ameren’s Callaway County plant Joseph Zwetolitz is President of the Americas division of Westinghouse.  He says SMR’s would be safer than the traditional nuclear reactor.

“This reactor is almost entirely underground, which provides an additional level of safety, with regards to potential postulated accidents, deliberate attacks, tornadoes, those kind of things," Zwetolitz said.

CORRECTION: We incorrectly referred to Congresswoman Vicky Hartzler's press secretary as "Steve Schwartz" in an earlier version of this post. His name is Steve Walsh. We apologize for the error.

Updated at 3:12 p.m. and 4:45 p.m. with more details.

The Federal Energy Regulatory Commission today approved Ameren Missouri's plan to reduce the amount of land the company owns and manages along the shoreline of the Lake of the Ozarks.

Historic MU B&B serves up 10000th breakfast

Jun 5, 2012
Carly Sedberry / KBIA

Columbia’s The Gathering Place celebrated its 10,000th breakfast served as a student-run facility.

MamaGeek / Wikimedia Commons

Columbia Regional Airport is starting its daily, non-stop service to Atlanta one week from today. The University of Missouri believes the new flight could open up opportunities for future enrollment. MU Senior Associate Director of Admissions Chuck May says the flight offers a direct connection to one of the busiest airports in the world.

Clay Masters / Iowa Public Radio

This week on the show: Columbia’s City Manager talks about the direction of the local economy. Plus, farmers continue to plant corn despite failing efforts to combat rootworm.

Jim Mathewson, the chairman of the Missouri Gaming Commission will step down Friday. Matthewson chose not to stay for a second three-year term in order to spend more time with his family.

During Mathewson’s tenure with the Gaming Commission, Missouri’s 13th casino license was awarded to developers in Cape Girardeau and disassociated gamblers were provided a pathway to reinstatement.  He says the main challenge now is raising enough revenue to help K-through-12 schools.

A city of Columbia's effort to classify certain neighborhoods as blighted to help businesses secure tax credits continues to draw fire from local activists.

The "blight" label is required by the state Department of Economic Development to create Enhanced Enterprise Zones. The zones are distinct areas where businesses can receive tax breaks in return for adding new facilities or jobs.

Opponents say the label will lower property values and could make it easier for local government to seize property under eminent domain laws.

File / KBIA

The latest Columbia state of the city address reports mixed emotions about the city’s economic situation.

Lukas Udstuen / KBIA

Columbia Fire Department investigators are looking into the cause of a three-alarm fire at the Brookside on College apartment complex. Sunday’s fire caused millions of dollars in damage, destroying most of the still-under construction apartments, but the owners plan to rebuild.

Doug Bradley Photography / Flickr

Missouri drivers may notice a change in the landscape along roadways and medians later this summer — more grass.

street lights burned
Lukas Udstuen / KBIA

Burned traffic signals lay in front of the smoldering apartment complex at the corner of College Ave. and Walnut Street. Fire crews were still spraying water onto the burned Brookside apartment complex at 12:30 p.m. Sunday. Smoke could still be seen rising from some torched portions of the property on its corners. The apartments were due to open August, 2012.

The fire started Sunday morning around 5 a.m. In a message to renters, on the Brookside Facebook page, the company said about 30 percent of the complex will be completed by the end of August, when leases begin.  

Hear a former inmate's story from MSP

May 25, 2012
Samantha Sunne / KBIA

One man’s historic building is another’s nightmarish living conditions. Listen to the audio to hear former MSP inmate Joshua Kezer talks about what it was like to be incarcerated for 10 years in one of the oldest prisons in the U.S.

Chloe Dake / KBIA

The city of Columbia announced Thursday the addition of a new city bus route that will directly connect the University of Missouri and downtown Columbia.  Mayor Bob McDavid calls the plan FASTCAT –“CAT” being short for Campus Access Transit. The new route will bypass Wabash station creating a new central hub.

Films, events, donations fund other aging prisons

May 24, 2012
Eastern State Penitentiary Historic Site, Inc

The Missouri State Penitentiary is one of the oldest prisons in the country, but there are even older ones that survived both centuries of inmates and decades of decay. The Ohio State Reformatory in Mansfield and the Eastern State Penitentiary in Philadelphia are now fully operating tourist sites.

Samantha Sunne / KBIA

An update on the EEZ in Columbia. Plus, some say the situation at the old Missouri State Penitentiary in Jefferson City is getting desperate.

"Neglect" a threat for Missouri State Penitentiary

May 23, 2012
Samantha Sunne / KBIA

The Missouri State Penitentiary closed in 2004 due to deteriorating conditions at the 150-year-old facility. KBIA’s Samantha Sunne explains how this deterioration has continued into the prison’s life as a Jefferson City tourist destination and historic landmark.

General Motors broke ground Monday on 500-thousand square feet of new factory space at its Wentzville, Mo. Assembly plant.

According to the company the expansion will cost $380 million.

Missouri Governor Jay Nixon was on hand for the event and said the decision was a smart one for GM, given its long history in the St. Louis area.

Eva Dou / KBIA

When it comes to jobs in Missouri, Karla Klingner Diaz believes that immigration is not the problem -- but rather the solution.

Rick Fredericksen / Iowa Public Radio

A Columbia lawyer is utilizing a federal program to try to bring so-called, “immigrant investors” to Mid Missouri. Plus, Harvest Public Media reports on the lasting effects of last year’s flooding.

Tim Patterson / Flickr

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 to 6,800 new jobs.

Missouri's unemployment rate declined one-tenth of a percentage point in April to 7.3 percent. The department said that is the lowest level in 40 months.

The national unemployment rate was 8.1 percent in April.

Watch the show and join the conversation on the Intersection website.

The minority business advocacy group MOKAN says the Metropolitan St. Louis Sewer District is not doing enough to include local minority and female workers in its sewer upgrade projects.

MOKAN executive director Yaphett El-Amin says her group wants MSD to increase the transparency of its hiring practices and invest at least $23.5 million in worker training programs.

Workers in the Office of Emergency Management for Boone County are expressing surprise about the elimination of its Management Director position.

Business Beat: Costly Wind Gusts for Farmers

May 9, 2012
NET News

This week: Farmers looking to have a record book corn harvest. Plus, find out how wind gusts can cost farmers a ton of money.

NET News

For many Midwesterners, wind is an occasional nuisance. For farmers, though, the wind’s impact can be huge — drying out crops and eroding topsoil. Gusts big and small also complicate the application of chemicals, and that can be particularly costly.

In 2005, Columbia stockbroker Alex LaBrunerie placed a very long-distance cold call.

Columbia paper shows circulation, revenue increase

May 7, 2012

The report the Audit Bureau of Circulations released earlier this week shows increase in papers’ revenues throughout the country.

Missouri House members approved legislation trimming taxes on businesses.

Jeremy Bernfeld / Harvest Public Media

This week: Harvest Public Media takes an in depth look into rural commodity brokers, and the tug of war battle between MF Global and rural farmers, and a look back on the store Cool Stuff.

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