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Yahoo takes big leap with $1.1B Tumblr deal for Tumblr
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
Oil rises as dollar falls
The price of oil rose Monday, taking its cue from the stock market and the dollar.
Capital City has unique economy, lags in recovery
Jefferson City officials to explore new revenue sources
Jefferson City is projecting flat sales tax revenues in the next fiscal year, while the state and many other Missouri cities are seeing their numbers grow.
Idea of owning jewelry store had a ring to it
Jefferson City issues business licenses for March, April
If Ashley Garrard can find jewelry lovers and impulse buyers like her, her new business will do just fine. Garrard owns $1 Jewelry, 310 Jefferson St., which is open from 10 a.m.-5:30 p.m. Monday through Friday and from 9 a.m.-3 p.m. Saturday.
BizBeat: Diner’s owners excited to start rebuilding
After nearly four months, Oscar’s Classic Diner is set to begin rebuilding the restaurant that was destroyed by fire in late January. Owners Kurt and Lisa Mankin are excited to continue the process of renovation.
BizBeat: Chez Monet gears up for new chapter
Joan Fairfax, owner of High Street’s Chez Monet, is excited to begin a new chapter of business. Fairfax is transitioning into offering her bakery items from home.
BizBeat: Yen Ching is open for dining
Rumors are wrong, restaurant rep says
Despite rumors circulating, Missouri Boulevard’s Yen Ching is not closed. Nor is the Jefferson City restaurant closing. It's open for dining as usual.
Lake hoping for sunny tourist season
Inquiries from boat shows, conferences are up, officials say
The official start of the summer season is just days away, and Lake of the Ozarks area officials are “cautiously optimistic” about the forecast for tourism this year.
Lake of the Ozarks real estate sales rising
From vacation homes to commercial properties, numbers gradually improving
The real estate market at the Lake of the Ozarks is following the national trends for housing and the economy and showing signs of gradual improvement, according to local real estate agents.
Top officials call to overhaul euro institutions
Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis — and who should be involved.
Obama administration lets Myanmar sanctions list languish
If you're American and want to do business in Myanmar, there's a list of people and companies you have to steer clear of by law. But it leaves off a former minister's son U.S. officials suspected of brokering arms deals with North Korea, and high-rolling relatives of the man who led the repressive military government for 19 years.
Politics, bribery charges swirl around Ugandan oil
Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the alleged interference of a president whose firm control of the sector worries transparency campaigners.
Bernanke forecasts gains from computer technology
Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.
Falling yen to make Japan's goods more affordable
Attention, bargain-hunters around the world: Japanese goods — from cars to televisions — are going on sale.
Only 2 of 13 small SUVs do well in crash tests
Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations.
As yen falls, goods from Japan are more affordable
Japanese goods are getting more affordable. For consumers worldwide — and for Japan's economy — it's welcome news.
Lawmakers consolidate 4 business incentives
Missouri lawmakers have passed legislation consolidating four of the state's business incentives. The newly created Missouri Works program would be modeled after the current Quality Jobs program, which would come to an end.
Missouri House passes new tax credit plan
The Missouri House has made a final offer to senators on a plan authorizing new business incentives and trimming some existing tax credits.
AB InBev abandons plans to acquire Czech Budvar
Brewing giant Anheuser-Busch InBev says it no longer has plans to acquire Czech brewer Budejovicky Budvar, with whom it has been fighting a long legal battle over the use of the “Budweiser” brand.
J.C. Penney posts bigger 1Q loss than expected
J.C. Penney on Thursday reported that it widened its loss in the first quarter on a 16 percent drop in revenue. It marks the fifth-straight quarter that the company has posted large declines.
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