Economy

Economy

Lindsey Grojean/KRCU

In 2013, the city of Cape Girardeau received a $700,000 Community Development Block Grant--or CDBG,  to turn pastureland into a business park in the Greater Cape Girardeau Area.

 

Construction concluded for a business park on LaSalle Avenue in Spring of 2015.  After three years, the block grant given to the city of Cape Girardeau had its final hearing on Tuesday. Mayor Harry Rediger said he’s pleased with the progress that’s been made.

Rise in Tourism Benefits Cape Girardeau Businesses

Feb 19, 2016
Breanne Bleichroth/KRCU

 

In January, Gov. Jay Nixon announced tourism in Missouri was on the rise. The state brought in more than 40 million visitors and nearly $13 million in revenue last year. The increase in tourism has been felt in the riverfront city of Cape Girardeau. Last year, the city saw a 3 percent growth in tourism.

While the increase was slim, Brenda Newbern, executive director of the Cape Girardeau Convention and Visitor’s Bureau, said many local businesses are reaping the benefits of the increased tourism traffic.

On Thursday, Shell released its full year report that showed an 80 percent drop in earnings from 2014 to 2015. The company's earnings fell steeply from $19 billion in 2014 to $3.84 billion in 2015.

Mark Zuckerberg, Facebook co-founder and CEO, announced Tuesday that he and his wife, Priscilla Chan, will be giving 99 percent of their Facebook shares – currently valued at more than $45 billion – to charitable purposes.

The couple plans to give over the course of their lifetimes through the newly founded Chan Zuckerberg Initiative, a limited liability corporate structure; notably, not a non-profit. They plan to focus their initial efforts on curing disease, connecting people with technology and “personalized learning.”

Furniture is an essential part of every home. Therefore, it is important to feel comfortable with every piece purchased and brought into your home. The process of buying furniture does not have to be stressful. By researching and preparing, furniture shopping can be a pleasant experience for you and your family.

Joey Keys with the Better Business Bureau in Cape Girardeau has some tips before you head out to your local furniture store.

Tips For Buying Furniture:

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