Category: Business

MOHELA adding 365 jobs in suburban St. Louis

(CHESTERFIELD, Mo., AP) — The Missouri Higher Education Loan Authority is adding 365 jobs through the end of the year. MOHELA announced Tuesday that it will be hiring student loan counselors and loan processors. The authority is based in the St. Louis suburb of Chesterfield and already employs about 530 people. It also has offices… Read more »

EPA’s plan to boost ethanol use in gasoline gets hearing

(KANSAS CITY, Mo., AP) — All sides of the ethanol and biofuels debate are getting the chance to weigh in on a federal agency’s proposal to boost the amount of renewable fuels blended into gasoline. The U.S. Environmental Protection Agency is holding its only hearing Thursday in Kansas City, Missouri, on its announcement last month… Read more »

Southwest Airlines departs 100 daily flights from St. Louis

(ST. LOUIS, AP) — Southwest Airlines has hit 100 departures each day from Lambert-St. Louis International Airport. The St. Louis Post-Dispatch (http://bit.ly/1Un7yWs) reports that the airline is the airport’s largest carrier, with about half the market share, and has its own terminal. Southwest’s managing director of business development, Dave Harvey, says this month is the… Read more »

Great Plains Energy to purchase Westar Energy

(KANSAS CITY, Mo., AP) — Great Plains Energy plans to buy Westar Energy, the largest utility company in Kansas. Great Plains in the parent company of KCP&L. The two companies announced Tuesday that the transaction has an estimated value of $12.2 billion. Westar Energy will be sold for $51 per share in cash and $9… Read more »

Barge traffic makes a resurgence on the Missouri River

By MARGARET STAFFORD (KANSAS CITY, Mo., AP) — The Missouri River is slowly resuming its role as a transportation corridor for commodities such as grain, scrap metal and fertilizer, but proponents of the barge industry acknowledge they’re still swimming upstream against a perception that the river is not reliable enough to be profitable. Some small,… Read more »

Columbia puts temporary freeze on some multifamily housing

(COLUMBIA, Mo., AP) — Columbia is putting a temporary halt to new permits for some multifamily housing projects in the college town. The Columbia Missourian (http://bit.ly/1VZUhsI) reports that the City Council voted 5-2 on Monday night to approve the freeze, which lasts through Dec. 1. The ordinance applies to an area near the University of… Read more »

Middle class shrinks in 9 of 10 US cities as incomes fall

By CHRISTOPHER S. RUGABER Associated Press (WASHINGTON, AP) — In cities across America, the middle class is hollowing out. A widening wealth gap is moving more households into either higher- or lower-income groups in major metro areas, with fewer remaining in the middle, according to a report released Wednesday by the Pew Research Center. In nearly one-quarter… Read more »

Train derailment in northwest Missouri; no injuries reported

(FARLEY, Mo., AP) — BNSF Railway says 12 cars on a train derailed in northwest Missouri. No one was injured. Investigators are trying to determine what caused the derailment Tuesday evening in Platte County near Farley. BNSF spokesman Andy Williams says seven cars went off the tracks and overturned, while five went off track but… Read more »

Missouri lawmakers pass income-tax deduction for military

(JEFFERSON CITY, Mo., AP) — Missouri lawmakers have passed an income-tax deduction for active duty members of the military. Senators voted 30-0 Monday to send the legislation to Gov. Jay Nixon. The measure would allow members of the armed forces to deduct income earned on active duty from those members’ adjusted gross incomes for the… Read more »