Business

Last month I led a roundtable discussion with three area realtors and two mortgage bankers about the current state of residential real estate in Southeast Missouri. We covered everything from home prices to supply to how the market has responded following the pandemic...

Brooke Roth is a financial advisor at Edward Jones, with an office in Jackson, Missouri. B Magazine recently asked her about several of the retirement savings changes set to take effect before the end of the year. B MAGAZINE: The SECURE 2.0 Act eliminates required minimum distributions (RMDs) from Roth 401(k) plans starting this year. How significant is this change for investors who hold these types of accounts, and how should they adjust their retirement strategies accordingly?...

A Cape Girardeau pest removal business celebrated its 75th anniversary this August. The Cape Chemical Company, better known as Cape-Kil, opened in 1949 under the direction of the late Charles Knote, who moved it to its present 33 N. Frederick St. location the following year. ...

MarketWatch Guides recently reported its insights on the financial literacy of American adults. Among the key findings: Only about 57% of U.S. adults are financially literate. It’s a sobering commentary on today’s society but also about what we’re teaching young people before they become adults. Knowing how to handle finances is a process best introduced as soon as a child understands that money can buy things. So are things like saving for retirement, buying a house or paying off debt...

At Montgomery Bank, we focus every day on making banking easy for our customers and treating each person we meet like family. We’ve been family owned since 1957 and are grateful for the privilege to help generations of families navigate their most important financial milestones, from opening a child’s first savings account to buying a home to fulfilling a dream of starting a small business...

Numerous businesses are, according to the City of Cape Girardeau Community Development Department, receiving new locations and ownership within the city. ...

Jacob Burch, a doctor of osteopathic medicine, is the newest member of Cape Gastroenterology Specialists, a Saint Francis Medical Partner at 28 S. Mount Auburn Road in Cape Girardeau. ...

The Federal Reserve cut interest rates by half a percent on Wednesday, Sept. 18, the first such reduction in four years. Interest rates fell from a 23-year high of 5.25% to 5.5% to a lower 4.75% to 5%. ...

Local businesses will host ribbon-cuttings throughout the week. ...

Southeast Missouri remains the home of some of the cheapest gasoline prices in the state. Compared with counties north of the Missouri River, Cape Girardeau County and its neighbors are experiencing prices up to 20 cents per gallon cheaper. ...

Perryville Area Chamber of Commerce is holding a Women’s Leadership Conference from 8 a.m. to 4 p.m. Friday, Sept. 27, at the Robinson Construction Event Center, 2411 Walters Lane in Perryville. ...

Daniel Cook grew up in Marble Hill, Missouri, the youngest child of four. He loved Tonka trucks, Hot Wheels and helping his dad build things around the house. When he wanted a treehouse and tire swing, his dad taught him how to make it. By the time he was in seventh grade, his family moved to Jackson, Mo., where he began taking shop classes — crafting shelves and gun cabinets — and eventually took to repairing antique tractors and trucks. ...

The Cape Girardeau City Council on Monday, Aug. 5 voted to place an initiative on the Nov. 5 ballot to increase water rates above the 5% cap outlined in the city’s charter. City officials say the vote is needed to keep water safe for drinking, to meet increased demand for water, and to ensure the city can meet the needs for economic and residential growth...

Financial fraud impacts people across the world. The internet is rife with warnings about the dangers of handing out personal information and the utmost importance of protecting accounts and passwords. Even so, Federal Trade Commission reports show American consumers lost increasingly large amounts of money to financial fraud over the last few years — $1.9 billion in 2019, $3.3 billion in 2020, $5.8 billion in 2021, $8.8 billion in 2022 and a staggering $10 billion in 2023...

Makayla Hawkins knows how to train dogs to sit, lay down, heel and obey a variety of other commands, but when it came to entrepreneurial skills, she wasn’t quite sure how to start a business and keep it from rolling over and playing dead. “It was always a dream of mine, since I was a child, to own some sort of animal sanctuary,” Hawkins said...

Southeast Missouri is outpacing state and national averages for median sale price incresses as elevated mortgage rates, low inventory and high demand for homes in a certain price range continue to rise. The healthcare industry in Cape Girardeau County — and being positioned in middle America — continues to help insulate our local real estate market from some of the most drastic challenges experienced elsewhere. There are also signs that the real estate market is returning to a somewhat “normal” environment following the pandemic years when homes were barely listed before a buyer purchased the property. These were just a few takeaways from a roundtable discussion hosted in late July by B Magazine featuring three Southeast Missouri real estate agents and two mortgage bankers.

The 34th class of the Cape Girardeau Area Chamber of Commerce’s Leadership Cape program presented their capstone projects working with local community organizations to a packed crowd at the chamber’s First Friday Coffee on Friday, Sept. 6. ...

Gilster-Mary Lee, a Chester, Illinois-based food manufacturer and Perry County’s second-largest employer, has received an inaugural award for hiring workers with autism. It is the first employer in the nation to be given the Spectrum Certified designation for implementing an integrated neuro-diverse workforce. ...

The oldest pharmacy in Cape Girardeau shut its doors on Wednesday, Sept. 11 after 92 years of serving the community. Broadway Pharmacy, which opened in June 1932, has sold its 710 Broadway retail location. ...

Saint Francis Healthcare System has brought on Samuel J. Spencer as its new senior vice president of operations. ...

Two Cape Girardeau County Transit Authority (CGCTA) workers received recognition from the Missouri Public Transit Association (MPTA) during the 2024 Missouri Transit Conference this month in St. Louis. ...

Dustin Hall, superintendent for the Perryville-based Robinson Construction Co., has earned a Construction Health and Safety Technician (CHST) certification from the Board of Certified Safety Professionals. ...

Doctor of osteopathic medicine Michelle Tedrowe has joined Mercy Southeast’s sports medicine team. She will work at Mercy Clinic Orthopedics and Sports Medicine, located at 650 S. Mount Auburn Road in Cape Girardeau. ...

More than a dozen states now have gas price averages below $3 a gallon, including Missouri and several of its neighbors. ...

A trio of regional chambers of commerce will hold some kind of event during the week. ...

A new pizza restaurant is coming to Cape Girardeau, according to the newest business licenses from the city's Community Development Department. ...

The City of Perryville is among three Missouri communities in contention to host the 2025 Connecting Entrepreneurial Communities (CEC) Conference, and residents will have the opportunity to determine whether it is selected. The conference brings business owners, municipal leaders and economic development groups together to generate ideas on supporting rural entrepreneurs. ...

The week of Aug. 26 was a busy one for South Side Farms in Cape Girardeau. Each weekday, construction commenced on a new plan to add pathways, a parking lot and other infrastructure improvements to the community farm at 900 S. West End Blvd. Several local construction-related companies aided in the week’s endeavor. Delta Companies, Nip Kelley Equipment, Fabrick Cat, EquipmentShare and Roland Machinery all provided equipment and worked on infrastructure improvements for the farm. ...

Easy Money Shoppe payday loan company will close its doors Friday, Sept. 20, and among the locations shutting down is the one that has called 320 N. Kingshighway in Cape Girardeau home for the last 25 years. ...

Bryan Buckley has been named Mercy Southeast’s new vice president of Ancillary Services. He will oversee several services, including laboratory, rehabilitation, imaging, public safety, environmental and food services. ...

Dr. Amy Burch has joined the Saint Francis Healthcare System, becoming the newest member of Saint Francis Medical Partner Advanced Orthopedic Specialists. ...

1st Choice Roofing & Construction will celebrate the opening of its new location at 1925 William St. in Cape Girardeau with a ribbon-cutting. It is scheduled for noon Wednesday, Sept. 4.

While the state average for regular fuel has dropped by 5 cents a gallon this past week, the southeast part of the Show Me State has seen little in terms of lower fuel costs. County and municipal averages remain largely the same as they did in the middle of August. ...

Two local chambers of commerce are hosting events this week. ...

Several new businesses are coming to Cape Girardeau, according to business license applications submitted to the city’s Community Development Department. ...