Economy

Economy

Missouri Women Earn 75% of Men

Sep 9, 2014
401(K) 2013 / Flickr

For more than 100 years, women have been fighting to end the pay gap between men and women in the workplace. Women still have a long way to, according to a recent study conducted by the Institute for Women’s Policy Research. In Missouri, women earn 75% of men in the workplace and overall scored a D+ in the United States for women’s pay rate.

Missouri had the biggest decline in the United States for women’s pay rate. It moved from an overall ranking of 19 from 2006 to a ranking of 38 in 2014.

USDA: Missouri Hunger Is On The Rise

Sep 5, 2014
Gaby Mora / Flickr

Food insecurity continues to rise in Missouri and it is exacerbating the hunger crisis in the Show Me State, according to a new report from the U.S. Department of Agriculture.

Missouri and Tennessee are tied for the second-highest food insecurity growth rate in the nation, after Nevada.

The study showed that 16.9 percent -- or one in six -- Missouri households struggled with hunger last year. The national average for the rate of food insecurity is around 14 percent.

Executives with Noranda, the aluminum-smelting operation in southeast Missouri, are following through with their threats of cutbacks as a result of the Public Service Commission’s refusal to cut their electric bill.

Noranda now plans to lay off up to  200 workers over the next six months at its New Madrid plant, and is suspending its planned $30 million expansion project, said  chief executive Kip Smith at a news conference Tuesday.

Ruler Foods To Open Next Week

Aug 28, 2014
Jacob McCleland / KRCU

The new Ruler Foods store on William Street in Cape Girardeau will open next Thursday.

Ruler Foods is a discount grocery store owned by Kroger. Cape Girardeau Chamber of Commerce vice president Tim Arbeiter says it’s comparable to Aldi’s.

“This would be a Krogers version of that, looking at most of the Kroger brands and value-type brands in the store,” Arbeiter said. “It would be more in that Aldi category.” 

The grocery store will go into the old DuShell’s Furniture store on William Street. Arbeiter said crews finishing work on the store.

Cup ‘n’ Cork Moves To New Location

Aug 20, 2014
Cup 'n' Cork / Cup 'n' Cork

Cup ‘n’ Cork’s aficionados will be happy to learn that the coffeehouse and bistro is moving to a bigger location a few blocks away. The business will close its current doors on Main Street on August 30th and will reopen on September 2nd at the new location at 11 S. Spanish Street.

Downtown Cape Girardeau’s coffee house owners said they decided to move because the new spot is a bigger and better place.

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