Business | KBIA

Business

Business news

Sandy Allison is the executive director at the Marshall-Saline Development Corporation. The corporation’s goal is to recruit new industries and businesses into the counties and strengthen existing business. As part of Missouri Business Alert’s Outstate project, KBIA's Seth Bodine spoke with Allison about her ideas on how to revitalize small towns like Marshall, Missouri. 

Zhihan Huang/Missouri Business Alert

Like many small towns, the heart of Marshall, Missouri is the town square -- home to several long-time and new businesses. But as urbanization to larger cities increases, small town businesses have had to find new ways to stay relevant. This week of Business Beat looks at the businesses in Marshall, Missouri. It’s part of a Missouri Business Alert special project called Outstate, a project that looks at entrepreneurship in small towns in missouri. 

Zhihan Huang / Missouri Business Alert

Karen Miller woke up and saw a flashing lights out the window of her home in Arrow Rock, Missouri. Miller works as the general manager of the J. Huston Tavern, which is the oldest continuously serving restaurant west of the Mississippi River. This wasn’t something someone would typically see in the small town of Arrow Rock, which has a population of 56, Miller said. So, she decided to investigate. Initially, she said she thought the lights were from the highway patrol. As she walked down the street, she ran into another resident who told her what was going on. 

 

Zhihan Huang / Missouri Business Alert

Ever since the first goat yoga class opened in 2016, the experience has become a national business trend for goat and yoga enthusiasts alike. The idea is simple: It’s a yoga class, except there are miniature goats roaming around that people can interact with.

 


Isabelle Robles/Missouri Business Alert

Braid artists in Missouri used to have to obtain a cosmetology license to practice legally — but cosmetology training didn’t include instruction on hair braiding.

Zhihan Huang/Missouri Business Alert

Kristen Williams, CEO and creative director of Hempsley, achieved what she considers a big accomplishment — she convinced her grandparents in Alabama to try CBD oil. They’re even recommending her business to their friends.

Williams’ ever-evolving company sells CBD and aims to educate the public about cannabinoids like CBD. And for her, getting her reluctant grandparents to try CBD was a big deal.

Ralph Chapoco/Missouri Business Alert

After more than 40 years with the same company, Rick Means will retire from his position as president and chief executive officer of Shelter Insurance in August.

 

Matt Moore, currently executive vice president, will be the company’s next CEO.

Means has spent nearly all of his adult life with Shelter, starting as a claims adjuster and working his way up the corporate ladder to claims supervisor, manager, vice president and eventually to his role as the leader of a nearly 2,000-employee insurance company that wrote about $2 billion worth of premiums last year.

Zhihan Huang/Missouri Business Alert

In the visitors room of the Women’s Eastern Reception, Diagnostic & Correctional Center in Vandalia, nine women stand dressed in bright blue caps and gowns. They’re the first to graduate from ASPIRE MO, a program designed to teach inmates the entrepreneurial skills to start a business once they leave prison.

The 20-week program teaches them various skills like market projections, advertising and feasibility studies. By the end of the course, they make a comprehensive business plan.

For the first time ever, Kansas City will have a regularly scheduled flight across the Atlantic Ocean. 

Starting May 26, Kansas City International airport will offer direct flights to Reykjavik, Iceland on Icelandair.

Deputy aviation director Justin Meyer says the new flight will bring down European fares, and allow for easy connections to other parts of Europe. 

The flight will be offered seasonally, from May to September three days a week. 

Steel producer Nucor is building a steel mill in Sedalia.

Missouri Gov. Eric Greitens on Tuesday announced the company is investing at least $250 million on the micro-mill. Greitens' administration says more than 250 new jobs will be created once it's built.

Nathan Lawrence / KBIA

While you’re reading this, Winston Kliethermes is probably thinking about batteries.

He owns B & W Battery & Auto Repair in Jefferson City, and he says he’s been working with car batteries since 1974.

There are a lot more kinds of car batteries around now, but almost all of them have one element in common: lead. Lead-based batteries have long been the standard for transportation like cars or boats, and companies across the globe also use lead-based batteries to power their servers in case of emergency.

It’s a well proven system.

Dave Ingraham / Flickr

Gov. Eric Greitens says his administration wants to hear suggestions from Missouri citizens on how the state can reduce government red tape.

Greitens on Wednesday announced the launch of a website, www.NoMORedTape.com. The website allows Missourians to submit recommendations to reduce what Greitens calls burdensome regulations.

The governor says government red tape kills jobs and hurts working families. He says the state has more than 113,000 regulatory requirements, using more than 7.5 million words.

Courtesy of Beth Synder

Beth Snyder turned her hobby of printmaking into a career when she started 1canoe2, a print and illustration studio. Her passion for creating prints began when her husband, then-fiancé, bought her a press for about $700 on eBay, for Christmas in 2007. She had wanted to print her wedding invitations using a traditional method.

 


fightfor15.jpg
Lane Wallace

Strikes and protests are starting up in more than 300 cities around the country today as part of the Fight for $15, the national push to raise the minimum wage to $15 an hour. The demonstrations started in New York four years ago, and have since expanded to many cities and sectors. Today airport workers like janitors and baggage handlers, as well as Uber drivers, will join the protests for higher wages and better working conditions. President-elect Donald Trump’s opinions on the minimum wage are unclear, but the movement has also condemned his views on immigration and policing. 

After five years, has Giving Tuesday caught on?

Nov 29, 2016
GettyImages-625778062.jpg
Marielle Segarra

For the past few days, millions of consumers have been in spending overdrive.  Storming stores on Black Friday. Working the web on Cyber Monday. And nonprofits that do good works like feeding the homeless and exposing corruption have a message for all of us: don’t stop now.  

Click the above audio player to hear the full story. 

CustomsWaveweb.jpg
Monica Ortiz Uribe

At Omega Trucking in Santa Teresa, New Mexico, employees check in on drivers moving loads across the border via walkie talkie. This is a family-run business that transports things like tiles and construction materials for bigger companies. The owner, Miriam Kotkowski, supports private investment at the ports because she believes it helps everyone, especially small businesses like hers.

"If we don't have an efficient port, we don't have trade," she said. "And if the private sector is allowed to help, that is wonderful."

Ten-year_change_in_charitable_giving%2C_by_income_level_Ten-year_change_chartbuilder.png
Marketplace staff

Charitable giving hit a record $373.25 billion in America last year, according to Giving USA. That seems like great news, both for charities and our tax bills, but a new report from the left-leaning Institute for Policy Studies looked closer at the numbers to find an interesting trend.

The Trump train hits the Washington merry-go-round

Nov 28, 2016
GettyImages-624687590.jpg
Nancy Marshall-Genzer

Washington is like a big merry-go-round. When your party is in power, you reach for the brass ring — a job in the White House or your favorite government agency. When your party is on the outs, you take refuge in a think tank or lobbying shop.

But Donald Trump has never had anything to do with that merry-go-round. He’s more like a train — one that smashed right into the merry-go-round on Election Day.

People who, in any normal transition, would be applying for White House jobs are now wondering, "Do I want to work for Trump? In light of the things he’s said?"

Interest rates and global imbalances

Nov 28, 2016

On today's show, we'll talk about how Fidel Castro's death could affect U.S.-Cuba relations; rising interest rates in the U.S.; and how many people plan to shop online today. 

OECD lifts growth forecast, citing Trump stimulus

Nov 28, 2016
Trump5.jpg
Lane Wallace

The Paris-based Organization for Economic Cooperation and Development (OECD) has revised its global economic forecast, and things are looking up. It’s predicting 3.3 percent global growth in 2017, up from 2.9 this year and 0.1 percent higher than the prediction it issued in September. The organization is anticipating some stimulus to the U.S. economy under President-elect Donald Trump, who has promised $1 trillion in infrastructure investments, although the details of that idea are sketchy and subject to a political battle. 

What Fidel Castro's death means for U.S.-Cuba relations

Nov 28, 2016
fidelcastro2.jpg
David Brancaccio

With Fidel Castro's death, what might have been a low priority in the Trump administration is jumping up the agenda: what to do about business deals between the U.S. and Cuba.

John Kavulich, president of the nonpartisan U.S. Cuba Trade and Economic Council, joined us to talk about Cuba's future and what Castro's death means for the country's relationship with the U.S. 

On what's next for Cuba: 

New York's Fifth Avenue is under fire

Nov 28, 2016
GettyImages-624190988.jpg
Sally Herships

You know when you ask a 13-year-old comic book fan about the X-Men? That’s what Gene Spiegelman, vice president of retail services for North America at Cushman & Wakefield, a real estate services company, is like about Fifth Avenue.

“We could walk down the street all day long and I could tell you a story about every space, every building. How Abercrombie & Fitch used to be Fendi,” he said.

Weekly Wrap: It's that time of year again

Nov 25, 2016

Cardiff Garcia of FT Alphaville and John Carney of the Wall Street Journal join Molly Wood to wrap up this week's economic and business news in five minutes. It's Black Friday, so of course we're talking about consumer confidence and early holiday season numbers. Plus: Trump's appointments and tax policy.

Making the most of Thanksgiving leftovers

Nov 25, 2016
83809703.jpg
Eliza Mills and Lizzie O'Leary

Thanksgiving is one of those rare occasions where many people plan for leftovers.  But while some are content with a sandwich, there are ways to be more creative with turkey.

We have the chips, but how safe is online shopping?

Nov 25, 2016
GettyImages-625634706.jpg
Annie Baxter

As shoppers hit the stores this Black Friday, many will be paying with the chip cards introduced in the  U.S. about a year ago. Those cards were meant to make in-store purchases more secure. But some cybersecurity experts say chip cards may just push cyber criminals to online or “card not present” transactions.

On today's show, we'll talk about the possibility of virtual reality shopping; the relationship between interest rates and the housing market; and Coca-Cola's entrance into the African market with concession stands. 

U.S. seeks to boost its production of seafood

Nov 25, 2016
sashimi.jpg
Annie Baxter

Americans import about 90 percent of the seafood consumed in the U.S., and about half comes from fish farms or aquaculture.

The Obama Administration wants to decrease our reliance on imported seafood with efforts to allow fish farming in some federal waters — which begin 3 miles off states' shorelines.

Farmed fish create pollution with their waste. But experts say in federal waters — the open ocean — the waste can be diffused more easily than near coastlines.

Click the above audio player to hear the full story. 

ekocenter2web.jpg
Bill George

Coca-Cola is making a big bet on Africa. The Atlanta-based beverage giant sees the continent as a major growth market, as consumption of soft drinks declines in the U.S.

Across Africa, the company is also rolling out an experiment in social entrepreneurship. It’s a kind of community center in a box that also happens to sell Coke products. They’re called EKOCENTERs. The first four letters are "Coke" spelled backward.

This coffee shop isn't very interested in coffee

Nov 25, 2016
glasshour.png
Marielle Segarra

Is it just us, or have coffee shops been getting less comfortable lately? You go in, buy a coffee, sit down with your laptop and TRY to get some work done, only to find there are no electrical outlets, there’s no Wi-Fi, the music is too loud, and oh…there are no bathrooms either.

Coffee shops are clearly trying to tell us it’s not cool to buy one coffee and then occupy a table all day long.

A café in New York has found a way around this whole awkward dance: customers pay by the minute, rather than the cup.

Marketplace Tech for Friday, November 25, 2016

Nov 24, 2016
vreality.jpg
Marketplace

On today's show, we'll talk to Business Insider's Ben Gilbert about the market for virtual reality, and play this week's Silicon Tally with with Geoffrey Fowler, personal technology columnist for the Wall Street Journal. 

Pages