Posted: Nov 3, 2013 2:30 PM by William Joy, KOMU 8 Reporter
Updated: Nov 3, 2013 9:09 PM
COLUMBIA - The Dow Jones Industrial Average finished up only 0.29 percent this week, closing at 15,615.55 but it hit a record high on Tuesday. The NASDAQ was the only one of the major indexes to finish down this week, but the loss was just 0.54 percent, to finish at 3,922.04. Finally, the S&P 500 had its fourth straight week of gains but just barely, as it finished up 0.11 percent to 1,761.64.
Speaking of the stock market, Twitter is making its Wall Street debut this week. The micro-blogging social media giant is expected to be priced around $17-$20 when it goes public on Thursday. The stock will be traded on the New York Stock Exchange and be traded under the symbol "TWTR". It's important to note that the company has never finished with a profit in its seven-year history.
There's been good news for the auto industry this week. Overall auto sales in October rose 10.6 percent, to 1.2 million cars and trucks sold this month, and the industry is on track for its best sales in six years. General Motors, the nation's largest automaker led the way with sales up 16 percent, followed by Nissan and Ford.
Starting Monday, McDonalds is ending its Dollar Menu and starting the new "Dollar Menu and More". The company says you'll still be able to order some items for just a buck, but the menu will focus on $2 items and some $5 family options. The exact pricing is still unknown, testing of the new menu in New York included a $1.69 McChicken and four-piece McNugget for $1.59 as well as a 20-piece McNugget for $4.99. The switch is likely because of big increases in the cost of bread and ground beef over the past decade but unchanging menu prices.
Twitter's IPO is obviously big news this week, but there are a few other events to keep an eye on. Since so many economic decisions are based on jobs, the employment situation report on Friday is important as well as the consumer confidence index that same day and the third quarter GDP report on Thursday.
Posted 6:14 PM 11/25/2015 by Taylor Stevens, KOMU 8 Reporter
JEFFERSON CITY - The developers of a proposed shopping center off of Mission Drive asked the Cole County Commission for $800,000 to extend the road to the site. The Harvard Company, LLC is working to develop a site near Highway 179 that would include restaurants and retail stores among other (More)
Posted 1:08 PM 11/3/2015 by Collin Ruane & Emma Nicolas, KOMU 8 Reporters
BOONVILLE - It's almost that time of year again. Students across mid-Missouri will anxiously wait to see if they get any snow days this school year. But are students getting more days off for less snow?
To find the answer to that question, KOMU 8 News went through more than a decade worth (More)
Posted 12:02 PM 11/25/2015 by Steve Dawson, KOMU 8 Reporter
COLUMBIA - Cooking grease can cost homeowners money if it's improperly disposed of.
This holiday season, Missouri American Water is launching a state-wide campaign to "can the grease."
Instead of pouring cooking grease down the drain, the organization urged residents to put used (More)
Posted 3:49 PM 11/25/2015 by Ashton Day, KOMU 8 Digital Producer
MOBERLY - A Moberly clothing store held its grand reopening Wednesday night, two weeks after a fire damaged its previous building.
The Nov. 7 arson fire caused extensive smoke damage to Encore, a women's clothing shop.
Two other businesses closed due to the fire. Duval (More)
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Posted 1:53 PM 11/25/2015 by Ashton Day, KOMU 8 Digital Producer
COLUMBIA – The Columbia Daily Tribune announced on its website Wednesday that it’s Black Friday edition was too big.
The large amount of Black Friday ads prevented the Tribune from being able to package through its inserting equipment. Staff members had to package the paper by (More)
Posted 1:51 PM 11/25/2015 by The Associated Press
ST. LOUIS (AP) — A judge heard testimony as he considers lifting the St. Louis Zoo policy that prohibits patrons from entering the zoo with guns.
The St. Louis Post-Dispatch reports that St. Louis Circuit Judge Joan Moriarty issued a temporary order on June 12 upholding the ban (More)
Posted 1:48 PM 11/25/2015 by Annisa Budiman, KOMU 8 Reporter
COLUMBIA – Mizzou students in support for Planned Parenthood are struggling to start a conversation with MU Interim Chancellor Hank Foley on the decision for Planned Parenthood to stop providing safe abortions.
Jordan Hoyt, a member of the group, said their effort to schedule (More)
Posted 1:11 PM 11/25/2015 by Kolbie Satterfield, KOMU 8 Reporter
COLUMBIA - MU Health Care’s new Low-Intervention Birthing Program welcomed its first baby on Monday Nov. 23. Deacon Markijohn was born to the first family that to use the new program.
The rooms at University of Missouri Women’s and Children’s Hospital allow (More)
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Posted 10:32 AM 11/25/2015 by Matt Johnson, KOMU 8 Content Manager
COLUMBIA - In a conference call with reporters Wednesday, Planned Parenthood of Kansas & Mid-Missouri CEO Laura McQuade addressed the news late Tuesday the Columbia clinic would no longer perform medication induced abortions. McQuade said the organization is considering legal action in (More)
Posted 11:55 AM 11/25/2015 by Ashton Day, KOMU 8 Digital Producer
COLUMBIA – The University of Missouri Police confirmed it gave documents regarding MU Assistant Professor Melissa Click to the Columbia City Prosecutor.
The Columbia City Prosecutor is reviewing the documents to determine if charges should be pressed against Click for actions during (More)