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Business Beat: July 14, 2010 July 14, 2010

Posted by kbianews in KBIA.
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Governor Nixon announces the opening of a sugar substitute’s production facility in Moberly. Nixon says the new facility will create 612 new jobs. (Photo by: Rebecca Wolfson, KBIA News.)

On this week’s Business Beat from KBIA:A Columbia Youth Program is hoping to make it easier for teens to find summer jobs. Plus, a multinational sugar substitute company is setting up shop in Moberly. And, the Department of Economic Development releases its June 2010 state jobs report. Hosted by KBIA’s Courtney Flatt.

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Food Stamps Could Purchase More at Farmer’s Market July 12, 2010

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The Columbia Farmer's Market. (Photo by Laura Parkinson, KBIA)

Some families may soon be able to stretch the value of their food stamps at the Columbia Farmer’s Market. KBIA’s Maureen McCollum brings us this story.

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Business Beat: July 7, 2010 July 7, 2010

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Competitors at Eldon's Rockin' Barbecue festival.

On this week’s Business Beat from KBIA: Competitive barbecue teams serve up their best at Eldon’s Rockin’ Barbecue. Plus, in Fulton, one organization is trying to convince city officials to ban outdoor smoking. Hosted by KBIA’s Courtney Flatt.

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Missouri Revenues Drop in FY 2010 July 2, 2010

Posted by kbianews in St. Louis Public Radio.
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Missouri Budget Director Linda Luebbering (Photo by: Marshall Griffin, St. Louis Public Radio.)

State revenues in Missouri dropped by more than 9 percent during the fiscal year that just ended, making it one of the worst in recent memory. St. Louis Public Radio’s Marshall Griffin reports.

Here’s the story.

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Missouri Senate Drafts New Auto Incentives Bill July 2, 2010

Posted by kbianews in St. Louis Public Radio.
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Missouri Capitol Building

Missouri Senate Leaders are bypassing a committee that’s blocking legislation to provide auto incentives during the ongoing special session. St. Louis Public Radio’s Marshall Griffin reports.

Here’s the story.

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Missouri Senate Passes Pensions Bill July 1, 2010

Posted by kbianews in St. Louis Public Radio.
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St. Louis Public Radio’s Marshall Griffin reports that the Missouri Senate has passed legislation to restructure the state’s pension system. The bill would raise the retirement age for state workers to 67, require new workers to pay into their pensions, and create a new investment board for the state’s various pension plans. Senate Majority Floor Leader Kevin Engler says the new board would look for the best places to grow money:

“What we’re trying to do is give those boards the flexibility to go to the best return, where it’s in a down market or up market, to try to beat the markets.”

The House version of the bill does not contain an investment board. Members there say the provision would add a new level of bureaucracy and invite corruption.