Ongoing Coverage:

Business

Pages

Business
8:25 am
Tue October 9, 2012

Osage Sierra Club takes action against Aspen Heights

Money
Credit File Photo / KBIA

Once again, controversy surrounds the development of Aspen Heights. The student living complex is being built at the location of the old Regency Mobile Home Park.

Aspen Heights broke ground earlier this year. But, Osage Group Sierra Club Conservation Chair Ken Midkiff says the company violated a city ordinance. He says after a recent visit to the site, he believes the Aspen Heights developer, Crockett Development, did not preserve 25 percent of native trees.

Read more
Business
5:52 pm
Wed October 3, 2012

Sweetener company CEO headed back to Missouri

Credit Kristofor Husted / KBIA
Last month, Missouri Attorney General Chris Koster announced that Mamtek CEO Bruce Cole was arrested in California

Missouri officials say the former head of an artificial sweetener company has agreed to return from California to face charges of theft and securities fraud stemming from a failed factory project.

Bruce Cole was chairman and CEO of Mamtek U.S. Inc., which received $39 million of industrial development bonds from the city of Moberly to build a sweetener plant.

Cole is charged in Missouri with using bond revenues to avoid foreclosure on his Beverley Hills home and misleading investors about his company's financial health.

Read more
Business Beat
5:32 pm
Wed October 3, 2012

Water blues and prison maintenance blues

Credit Samantha Sunne / KBIA
The administration building is one of the oldest on the prison site. Its decaying façade sits opposite a recently-opened federal courthouse across the street.

Water use has become a hot issue among Midwest farmers after this summer's drought. Nebraska irrigates more acres of farmland than any other state in the nation. Kansas is also near the top. And that Irrigation infrastructure helped some farmers keep the drought at bay this year. Their fields stayed green long after others withered away. But as Grant Gerlock reports for Harvest Public Media, using so much water now may force some farmers to use less water in the future.

Read more
Business
5:08 pm
Wed October 3, 2012

Mo. state prison's maintenance blues

Credit Lukas Udstuen / KBIA
Kary Scott shares a dance with his service dog, Cisco, at the "Inside the Walls" festival promoting the Missouri State Penitentiary as a tourist destination.

As a 5-piece band wound its way through an acoustic set of music, guests slowly shuffled into the “Inside the Walls” festival at the Missouri State Penitentiary. To the southwest, the main entrance to the prison towered over the festival.

Charles Vaughan used to live in a house across the street. He remembers the 1954 riots, which were the worst in the history of the penitentiary. Vaughan remembers his dad and brother were on top of a nearby building with guns.

“There was a big fire going on," he said. "My mom was keeping me in the house which upset me because I wanted to get on the roof and my mom was piling furniture right in front of the front door.”

But now the penitentiary looks much lonelier. Its paint peels. Some of its buildings have been torn down. In fact — of those that remain, some parts are even off limits to tours – this is due to a process Steve Picker calls “demolition by neglect.” He’s the former executive director of the Jefferson City Convention and Visitor’s Bureau.

Read more
Business
1:41 pm
Wed October 3, 2012

Energy assistance program secures funding through December

Credit McBeth / Flickr
Low-income residents could turn to the Low Income Home Energy Assistance Program for help.

A program that provides heating and energy assistance for low-income Missourians reports that it should have enough funding to meet its winter demand through December.

Read more

Pages