QUESTION OF THE DAY: Was the Fed right to raise interest rates?
The Federal Reserve raised its base interest rate a quarter-point Wednesday, part of a plan to ease inflation that’s eating into household budgets.
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Federal Reserve raises interest rates by 0.25%
The Federal Reserve is expected to raise interest rates by 0.25% to help tame inflation. The announcement is expected Wednesday afternoon.
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High gas prices hit businesses, charities hard
Businesses and not-for-profit organizations are starting to feel the pressure as gas prices continue their climb amid Russia’s invasion of Ukraine.
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U.S unemployment rate drops to 3.8% in February
The nation’s unemployment rate dropped to 3.8% in February, with the country adding 678,000 jobs, according to the U.S Bureau of Labor and Statistics.
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CDC masking recommendations for mid-Missouri
COLUMBIA, Mo. (KMIZ) A majority of Americans no longer need to wear a face mask while indoors, according to new recommendations released by the Centers for Disease Control and Prevention. The agency classifies counties in the United States by three different community levels which are classified as low, medium, and high. These community levels are
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New Amazon distribution center being built near airport in Ashland
Jobs are being posted on hiring sites for the new Amazon distribution center in Ashland.
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Missouri businesses oppose bills prohibiting employer vaccine requirements
The Missouri Chamber of Commerce and 250 Missouri businesses and employers sent an open letter to Gov. Mike Parson and the Missouri General Assembly asking for them to throw out legislation that prohibits employers from deciding for themselves whether or not to implement a vaccine requirement.
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Capital Region ‘cybersecurity incident’ investigation in early stages
The hospital did not give details about the incident that led Capital Region to shut down its network, describing it in a statement Wednesday as “a disruption to our network systems.”
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Time is running out to ship gifts before Christmas
Christmas is four days away and some are still working to ship their last-minute gifts. For some delivery companies, it’s peak season, creating challenges for getting those packages delivered before the holiday.
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QUESTION OF THE DAY: Are you Black Friday shopping this year?
This year some stores have spaced out their deals over several weeks. And for several years holiday shopping has been trending toward more online commerce.
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More chain stores say they will close on Thanksgiving
The closures include Target, which said this week that it plans to permanently close on the holiday.
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New Columbia Schnucks store expected to open in early 2022
The store was originally set to open last spring after construction started in late 2020 on the new location at Clark Lane and St. Charles Road. Spokesman Paul Simon said more delays are possible given global supply chain issues but the company now expects to open the store — its third in Columbia — in the first quarter of 2022.
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Federal officials say vaccine mandate legal but protesters question the rule
The requirement at 3M was sparked by President Joe Biden’s expected vax or test rule and mandates for federal contractors such as 3M. The new rule requires federally contracted employers like 3M and others to make their workers get vaccinated. Another rule, yet to be implemented, requires vaccination of employees at companies with 100 or more workers.
Continue Reading Columbia 3M employees protest company vaccine mandate
The walkout was a response to the company’s requirement that employees get vaccinated by Dec. 8 or be fired. 3M is one of many companies that will be affected by a coming federal rule requiring companies with 100 or more employees to be vaccinated or regularly tested. 3M is one of Boone County’s biggest employers with more than 400 workers, according to Regional Economic Development, Inc.’s annual report.
Continue Reading QUESTION OF THE DAY: Should workers who don’t get the shot lose their jobs?
A group of workers at Columbia’s 3M plant walked out Monday to protest their company’s requirement to get vaccinated or be fired. 3M is following Biden administration rules as a federal contractor in requiring the shots.
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Bankers and state officials express concern over IRS Proposal
JEFFERSON CITY, Mo. (KMIZ) Missouri bankers and Missouri Treasurer Scott Fitzpatrick voiced concerns about an Internal Revenue Service (IRS) latest proposal requiring financial institutions to turn over financial account information for accounts with inflows or outflows totaling more than $10,000. “This proposal is the Biden Administration’s latest attempt at blatant government overreach and, like so
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3M employees speak out against vaccine mandate
The White House could issue its employee coronavirus vaccination and test mandate any day, The Associated Press reports, as employers wait to get details on a key part of President Joe Biden’s plan to boost vaccination rates.
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Riley to sell dealerships to Columbia’s Drewing group
Riley Auto Group will sell Riley Chevrolet Buick GMC Cadillac, Riley Toyota and Riley Collision Center to Drewing Automotive Group, the company said in a news release. The deal is expected to close in December.
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Columbia hotel occupancy rebounds to pre-pandemic levels
Numbers provided by the Columbia Convention and Visitors Bureau show a 66.9% occupancy rate for August, the highest in more than three years. The hospitality industry will see more visitors coming through the doors this weekend as the University of Missouri celebrates Homecoming.
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Kawasaki to create manufacturing plant at former Nordyne site in Boonville
Boonville and Cooper County officials are expected to make an economic development announcement at 1 p.m. Wednesday.
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