Business Archives

QUESTION OF THE DAY: Should the minimum wage be higher?

December 1, 2023 3:38 AM Matthew Sanders

The minimum wage in Missouri will go up on Jan. 1.

Local businesses thrive as MU Football’s successful season boosts revenue

November 11, 2023 8:02 PM Euphenie Andre

COLUMBIA, Mo. (KMIZ) Local businesses across Columbia see an increase in revenue as the University of Missouri football program has a stellar season. For the first time since 1980, MU Football sold four consecutive sellout games. The hype around the Tigers led to a surge in shopping and engagement throughout Columbia. Bud’s BBQ is located

Meat prices staying high as Missouri plants shut down

August 8, 2023 12:06 PM Morgan Buresh

The USDA is reporting losses in the meat industry, as high costs and low demand are increasing production. Meanwhile, consumers are still facing high prices at the grocery store.

Powerball Jackpot reaches $900 million, third-largest Powerball jackpot

July 17, 2023 7:43 AM Joushua Blount

COLUMBIA, Mo. (KMIZ) Powerball says people nationwide will have the chance to win $900 million as the jackpot has gone up again after no one was able to match all six numbers in Saturday night’s drawing. That makes the new jackpot the third largest in the game’s history and the seventh-largest U.S. lottery jackpot. ABC

University of Missouri hopes new nuclear reactor will attract economic growth, top talent to Columbia

June 14, 2023 11:34 AM Hannah Falcon

The Regional Economic Development Inc. Board, more commonly referred to as REDI, is starting the first of its On The Road meetings at the NextGen Precision Health building on the university’s campus Wednesday morning. According to the agenda, the board will hear a presentation on the research reactor.

Fed keeps rates unchanged for first time in 15 months but signals 2 more potential hikes this year

June 14, 2023 1:32 PM Associated Press

The Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signaled that it may raise rates twice more this year, beginning as soon as next month.

Missouri tops $100 million in first month of recreational marijuana sales

March 4, 2023 7:50 PM Hannah Falcon

COLUMBIA, Mo. (KMIZ) Data from the Department of Health and Senior Services shows there were $102.9 million in marijuana sales across Missouri in February. About 70% of that is from recreational sales, the rest was medical marijuana. Recreational marijuana sales started on Feb. 3. That first weekend, sales were over $8 million on just recreational

Columbia College hosts Black Business Expo

February 18, 2023 10:39 AM Joushua Blount

COLUMBIA, Mo. (KMIZ) Columbia College hosted its fourth Black Business Expo Saturday, Feb 18. in Columbia. The Expo was hosted by the office of diversity, equity, and Inclusion. The Black Business Expo ran from 10:00 a.m. to 2:00 p.m. inside the Southwell Complex on Rangline Street. The expo included live music and entertainment and was

AmazonSmile to end February, impacting local organizations

January 21, 2023 8:38 PM Abby Landwehr

JEFFERSON CITY, Mo. (KMIZ) In the most recent effort to cut down on costs, Amazon announced plans to close AmazonSmile, the company’s charity donation program. The program has been around since 2013 and donated $500 million over the past 10 years. Amazon says a “limited impact” is responsible for the program closing. The program is set to end

Columbia business set to host holiday event to help local vendors

November 20, 2022 5:45 AM Joushua Blount

COLUMBIA, Mo. (KMIZ) Andrea Lyn Events, a local Columbia business is hosting a Holiday Makers Market event that is focused on helping small businesses while celebrating the upcoming holidays. Some small businesses have had to make adjustments during the past holiday season due to the pandemic. According to Score.org, 35% of small business owners have

State treasurer’s office to hold unclaimed property auction in Columbia

October 3, 2022 5:52 AM Joushua Blount

COLUMBIA, Mo. (KMIZ) The Missouri State Treasurer’s Office plans to give Missourians a chance to purchase some interesting items in Columbia this week. Officials will hold an unclaimed property auction at the Hilton Garden Inn Conference Center at 3200 Vandiver Dr. The auction is scheduled to start Monday and Tuesday at 9 a.m. each day.

Union favorability rises as local, national organizations unionize

September 5, 2022 5:03 PM Hannah Falcon

National chains such as Chipotle, Starbucks and Amazon are seeing workers organizing across the country. But so are local organizations.

Mizzou’s Thursday night football game to impact Columbia’s economy, traffic

August 31, 2022 9:10 PM Leila Mitchell

The return of Mizzou football is just one day away and the game is expected to bring several thousand fans to Columbia.

UM System discuss possible changes to employees’ paid time off system

August 29, 2022 5:47 AM Joushua Blount

COLUMBIA, Mo. (KMIZ) The University of Missouri System spoke Monday afternoon about proposed changes to employees’ paid time off (PTO) system. The UM System wants to consolidate employees’ paid time off. The proposed changes are expected to modernize the program and make it more competitive, according to the UM System. MU spokesman Christian Basi said

Beyond Meat will lay off 40 people after multi-million dollar loss

August 4, 2022 8:49 PM Kennedy Miller

COLUMBIA, Mo. (KMIZ.) Plant-based food company Beyond Meat announced it’s laying off 40 people after a multi-million dollar loss, but the company didn’t say if the layoffs would affect the company’s Columbia plant. In a press release, the company reported its second largest quarter ever in terms of money made in the second quarter of 2022,

Break Time gas stations report issues with fuel at seven locations

July 28, 2022 9:26 PM Karl Wehmhoener

JEFFERSON CITY, Mo. (KMIZ) On Wednesday, Break Time Convenience Stores reported on Facebook there was a fuel issue at several locations. The convenience store reportedly identified seven locations: four in Jefferson City (Truman Blvd, MO Blvd, Main St, McCarty),two in Sedalia (808 E Broadway, 318 W Broadway),and in California—where this problem may be present. On

Amazon expects to bring more than 100 new jobs as facility opens in Ashland

June 30, 2022 5:36 AM Ben Fein

Amazon has brought a new facility to Mid-Missouri, the first Amazon facility outside of the St. Louis and Kansas City metro areas.

Small business and professors give perspective on rising fuel costs

June 10, 2022 8:03 PM ABC 17 News Team

The impact of high gas prices is affecting everyone, one landscaping business explains how it’s coping.

Columbia’s economy supported by tourism when college students leave

May 23, 2022 6:42 PM Leila Mitchell

In just a few weeks, Art in the Park will return for the first time since before the pandemic. In July, Columbia hosts the Show-Me State Games followed by other sporting events and festivals like Summerfest.

Public hearing over proposed Camdenton development set for June 7

May 18, 2022 11:30 AM ABC 17 News Team

The board approved a resolution for a pre-annexation agreement with MO Lake Development, LLC.