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Wednesday, Nov. 26, 2014
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Cape Girardeau Area Chamber of Commerce After Hours on Tuesday, Nov. 18, 2014 at Ray's Banquet Center, sponsored by PC Wellness Centers and Leet EyeCare.
Headlines
Downtown Cape businesses to offer passport campaign (11/24/14)
Old Town Cape merchants are pulling together with a Downtown Passport program to mark Small Business Saturday, which is the Saturday after Thanksgiving. The retail event was initiated in 2010 by American Express to try to help businesses attract more customers and to encourage the patronage of small establishments. ...
Business Notebook: Area construction firm hires its 500th worker (11/24/14)
A growing Perryville, Missouri, construction company now employs more than 500 people, the company said last week, making it one of the largest employers in Perry County. Robinson Construction Co. processed 513 payroll checks for employees Wednesday, according to a news release from the company. It was the first time in its history to exceed 500 employees...
People on the Move 11/24/14 (11/24/14)
Marshall S. Grillo Jr., DO, has joined Saint Francis Medical Center's Heart Hospital team of physicians that perform vascular and endovascular procedures. Grillo also is a medical partner at Cape Thoracic & Cardiovascular Surgery. He hails from Michigan and has a medical degree from Kirksville College of Osteopathic Medicine in Kirksville, Missouri, according to a news release from Saint Francis...
CEOs in 10 big mergers to get $430M (11/24/14)
This year's flurry of corporate mergers may not pay off for shareholders in the long run, but one thing is for sure: The bosses who are selling their companies will do just fine. The CEOs who've decided to sell in the 10 biggest U.S. deals this year are set to rake in an estimated $430 million in "golden parachute" payments, according to a study done by pay-tracking firm Equilar at the request of The Associated Press...
Alliance Bank to absorb Capaha Bank for undisclosed sum (11/21/14)
Two community banks have announced a merger planned to take effect in the spring. Under a recently formed agreement, Alliance Bank's holding company, Alliance Bancshares Inc., headquartered in Cape Girardeau, will acquire Southern Illinois-based Tammcorp, which owns Capaha Bank...
SoutheastHEALTH proceeds with efficiency plans (11/21/14) 8
SoutheastHEALTH's executives say "financial improvement" and "operational refinement" are the goals of an initiative underway that recently has produced changes in leadership and will identify efficiencies needed to help its health-care organizations face a challenging time...
Missouri unemployment drops amid job growth (11/19/14) 1
JEFFERSON CITY, Mo. -- Missouri's unemployment dropped slightly to its lowest rate since June 2008. The state Department of Economic Development released data Tuesday showing the seasonally adjusted unemployment rate dropped from 6.3 percent in September to 5.9 percent in October...
Rust Communications buys former bank building downtown (11/18/14) 3
A downtown Cape Girardeau property is under new ownership with the sale of the former bank building at 325 Broadway to Rust Communications Inc. The company, which owns the Southeast Missourian newspaper, the digital agency rustmedia and a minority share of Mississippi River Radio, closed on the building Oct. 31. It previously was owned by Merriwether Investments, which is run by John and Jerriane Wyman...
Business briefs (11/17/14)
CAPE GIRARDEAU PARTNERSHIP HAS NEW NAME The Cape Girardeau Partnership for Higher Education was renamed Cape College Center. The institution's advisory council approved the new name after the presidents of the three partnering institutions -- Southeast Missouri State University, Three Rivers College and Mineral Area College -- agreed to the change...
Empowering women to greatness: An interview with the ladies behind the annual Power of Women Luncheon (11/17/14)
Southeast Missouri State University will host its fourth annual Power of Women Luncheon on March 11, with the goal of connecting female students with opportunities, mentors and resources to enrich their education and entry to the career world. The event also raises scholarship funds for female students and highlights the accomplishments of female students and alumni...
Business licenses (11/17/14)
Business licenses issued in Cape Girardeau during October include the following: 3 Sons Construction, out of town; Amanda Miller, 1610 N. Kingshighway, Suite 107 (booth rental); Barbara Hammers, 301 Christine St. (booth rental)...
Bankruptcies (11/17/14)
Bankruptcies filed through October for the Southeastern Division of the Eastern District of Missouri's U.S. Bankruptcy Court are listed below with their corresponding case numbers. The Southeast Division includes the counties of Bollinger, Butler, Carter, Dunklin, Madison, Mississippi, New Madrid, Pemiscot, Perry, Reynolds, Ripley, Scott, Shannon, Stoddard and Wayne. Court is held in Cape Girardeau...
Tax liens (11/17/14)
Cape Girardeau County Tax liens and lien discharges recorded at the office of Scott R. Clark, recorder of deeds, during October are filed by the Missouri Department of Revenue, except as indicated by IRS designation. For more information, contact the recorder's office at 573-243-8123...
Health briefs (11/17/14)
ENDODONTICS PRACTICE OPENS IN NEW LOCATION Cape Endodontics moved its practice to 2502 Tanner Drive, Suite 203 in Cape Girardeau. The practice moved from Doctors' Park. COLBERT, CRAWFORD RECOGNIZED FOR SERVICE Angie Colbert, a certified paraoptometric at Leet EyeCare on North Kingshighway in Cape Girardeau, was named the business' Above and Beyond recipient for September. ...
Names in the news (11/17/14)
EDDLEMAN REAPPOINTED TO RIVER CAMPUS BOARD The Southeast Missouri State University Board of Regents reappointed Dr. William Eddleman as a university representative on the River Campus Board of Managers. His new term will expire Dec. 1, 2017. His current term expires Dec. 1 of this year. Eddleman is the provost at Southeast and holds the rank of professor in the department of biology. He is in his 20th year at Southeast...
Dr. Judee Gaeta of Vitality Clinic (11/17/14)
Dr. Judee Gaeta is a physician, and she's also somewhat of a lifestyle consultant. On the staff of Vitality Clinic, Gaeta counsels patients on how to live healthier lives based on her understanding of the body's hormones and how their balance or disproportion might affect the way they feel...
Sherry Yaeger, co-owner of Sherry Yaeger's Renaissance (11/17/14)
Sherry Yaeger feels as if she's come full circle. The Cape Girardeau shop that began as Renaissance in 2001 is now Sherry Yaeger's Renaissance -- Art. Style. Living. "Initially, I started the store to showcase my art. When we bought the building [139 Main St.] in 2002, the business basically exploded, and my husband, Mike, who had been in the insurance business 20-some years, stepped in to help in the operational side of it. ...
Becky Brown, owner of Cakes Reanimated (11/17/14)
Becky Brown developed a taste for cake decorating when she was only 16 and working at Dairy Queen. "My boss taught me a few things and directed me toward the Wilton cake decorating books, and I started teaching myself," she says. She decorated her first wedding cake at age 19 or 20, and after getting compliments on her work, she began considering cakes as a career path. She'd always enjoyed baking, and she was studying art and painting at Southeast Missouri State University...
Ashley Hahs, owner of BLAST! Event & Party Bus and Paws Pet Taxi (11/17/14)
When Ashley Hahs was a little girl, her father told her this: "I don't care what you do with your life, but do it to the best of your abilities. I don't care if you are a garbage collector -- you be the best garbage collector there is." Hahs didn't turn out to be a garbage collector after all, but she's applied her father's advice to all aspects of her life...
Susan Layton, attorney at Layton & Southard LLC (11/17/14)
As a little girl, Susan Layton often would spend Saturday mornings with her father, John Layton, at his law office. "I'd spend my time scribbling on legal pads," says Layton, now herself a lawyer, and in practice with her father. "He's a great mentor; he's patient and very knowledgeable. ...
Sikeston native Karla Bakersmith to speak at 2015 Power of Women Luncheon (11/17/14)
Karla Bakersmith, president and CEO of St. Louis-based Scrubs & Beyond, will be the keynote speaker at the fourth annual Power of Women Luncheon on March 11 at the Show Me Center in Cape Girardeau. "Women in business today make other women successful when they mentor and help them," says Bakersmith. ...
Can low oil prices help the environment? (11/17/14)
NEW YORK -- Deepwater drilling rigs are sitting idle. Fracking plans are being scaled back. Enormous new projects to squeeze oil out of the tar sands of Canada are being shelved. Maybe low oil prices aren't so bad for the environment after all. The global price of oil has plummeted 31 percent in just five months, a steep and surprising drop after a four-year period of prices near or above $100 a barrel...
Business Notebook: State sets higher minimum wage rate for 2015 (11/17/14)
Missouri's minimum wage starting Jan. 1 will be set at $7.65 per hour, according to a news release from the state labor department. All businesses except for retail and service businesses with annual gross sales of less than $500,000 are required to pay at least that amount per hour to employees...
People on the Move 11/17/14 (11/17/14)
Jane Unterreiner, nurse navigator for Women's and Children's Services at SoutheastHEALTH, recently received the Devoted Efforts Award from the Southeast Missouri Division of the March of Dimes. Unterreiner was presented with the award "for her big heart, her generosity and her devoted efforts" to the organization, said Beth Simmons, division director for the March of Dimes, in a news release from SoutheastHEALTH...
Small businesses step up social media game for holiday (11/17/14)
NEW YORK -- Monif Clarke didn't have a social media strategy for her women's clothing company until this year, when she hired a consultant to help build one. The holiday social media marketing plan for New York-based Monif C. Plus Sizes includes contests promoted on Facebook with prizes such as a $1,000 wardrobe. ...
AT&T stops adding Web tracking codes on cellphones (11/17/14)
WASHINGTON -- AT&T Mobility, the nation's second-largest cellular provider, said it's no longer attaching hidden Internet tracking codes to data transmitted from its users' smartphones. The practice made it nearly impossible to shield its subscribers' identities online...
Codefi shows a new form of entrepreneurship (11/12/14) 2
A concept known as coworking -- popular in urban centers for creating new businesses, fostering entrepreneurial growth and bringing independent workers into a community -- has begun in downtown Cape Girardeau. Codefi, a new coworking center and business community, is offering memberships at a state-of-the-art office inside the former federal building at 339 Broadway. ...
Zickfield's store soon will mark 75th year (11/10/14) 1
In today's bustling society, it's rare to find a business owner who remembers your name. Shop owners see so many faces daily, the chance they recognize a repeat customer is slim. But that's not the case at Zickfield's Jeweler and Gifts, owner Kent Zickfield said. There, he connects with his customers on a personal level and ensures his products are more than satisfactory. This is the result of placing 75 years of dedication into a line of work he finds rewarding, he said...
Business Notebook: Local businesses preparing for Small Business Saturday promotions (11/10/14)
Businesses in Cape Girardeau and Jackson are trying to draw holiday shoppers by participating in Small Business Saturday on Nov. 29. The day is designated the Saturday after Black Friday, and was established in 2010 by American Express to help encourage the patronage of small establishments, according to a news release from the local downtown revitalization organization Old Town Cape...
People on the Move 11/10/14 (11/10/14)
n Sara Gerau has been named executive director of the Southeast Missouri chapter of the American Red Cross. The appointment was effective Nov. 1, according to a news release from the organization. Gerau is a native of Southeast Missouri and has a bachelor's degree in business administration from the University of Missouri-Columbia. ...

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    NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
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    WASHINGTON (AP) -- The U.S. economy grew even faster in the third quarter than initially thought, posting the strongest six months of growth in more than a decade and pulling further ahead of other big economies of the world.
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    NEW YORK (AP) -- U.S. bank earnings rose 7.3 percent in the July-September quarter from a year earlier, as banks reduced their expenses and continued to lend out more money, which help drive up revenue.