Content by Brenda Story, Missouri Enterprise, Director of Information Technology Healthcare has become a big part of our lives. With the advances and sharing of medical and personal health knowledge growing, we’re all aware of important lifestyle choices we should be making to protect our health. We all know we should try to eat healthy foods and exercise more, but it’s a safe bet many of us either ignore the facts, or “cheat” every so often. It’s similar to how we deal with Cyber Security, isn’t it? How would the world continue to move forward without all the wonderful and amazing technology that’s constantly growing and expanding our capabilities? And with all these advances, we’re getting clear (and not-so-clear) messages on some of the things we should be doing to protect our technology and information. We all know the critical the best practices we should be following… change passwords, use antivirus software, update operating systems (and so much more!)…but we
According to an article by the Associated Press, the U.S. economy in the third quarter grew at the fastest pace in two years, with a revised report showing stronger consumer spending than first estimated. The gross domestic product expanded at an annual rate of 3.2 percent in the July-September period, the Commerce Department reported Tuesday. That is up from a previous estimate of 2.9 percent. In a Shopfloor article, NAM Chief Economist Chad Moutray writes that the report was good news. He says, “With the U.S. economy expanding by only 1.1 percent at the annual rate in the first half of 2016, the third quarter numbers were entirely welcome, especially for consumer spending and net exports.” The U.S. Department of Commerce report can be found here.
Missouri Supreme Court Judge Richard Teitelman, 69, has died, according to the Supreme Court of Missouri. Teitelman was the first legally blind and Jewish judge to serve on Missouri’s highest court when he began his service in 2002. “It is with great sadness that the Supreme Court of Missouri acknowledges the passing of its beloved colleague,” the court said in a statement Tuesday morning. Teitelman served on the Missouri Court of Appeals, Eastern District, from January 1998 to February 2002. He also worked at Legal Services of Eastern Missouri from 1975 to 1998, serving as its executive director for 18 years. From May 1974 to January 1975, he was a solo general practitioner. “Judge Richard B. Teitelman was a champion for justice, a giant among the legal community and a guiding light for legal aid advocacy both in the St. Louis region and Missouri,” Legal Services of Eastern Missouri said in a statement. “He used his passion and great knowledge
American Marksman, an Omaha-based company, has won tax incentives to create an ammunition re-manufacturing operation at the Lake City Army Ammunition Plant in Independence. The new operation will purchase rejected ammunition made for the U.S. Department of Defense and reassemble it for the commercial market. Missouri granted tax credits to help American Marksman train up to 65 employees. Read the full article here.
Citizens for Modern Transit (CMT) launches Zimride by Enterpise this month, a service of Enterprise Rent-A-Car, in the St. Louis area. Zimride is a free online ride-matching service that connects riders and passengers with similar commutes. The program aims to connect like-minded commuters to extend transit trips and close the gaps that may exist between transit stations and their point of origin or destination. Zimride has the ability to create more efficient commutes for individuals with less-than-simple routes to work. Zimride also allows individuals to ride-match to get to shopping establishments, entertainment venues, and other destinations that aren’t easily accessible by transit alone. The program is a sustainable alternative to driving places individually, helping reduce vehicle emissions, traffic congestion and fuel consumption. The website even offers a secure way to split gas costs evenly between commuters. Zimride is the largest web-based ride-sharing and carpooling network in North America. If you are interested in learning more about this program coming to
Associated Industries of Missouri is the sole official designated partner of the National Association of Manufacturers in Missouri. There was a lot to be thankful for last week, with a number of positive economic indicators to report. Americans appear to be cautiously optimistic about growth moving forward, with consumer confidence rising to a six-month high in November. Respondents to that survey were hopeful in their outlook post-election, giving President-elect Donald Trump a “honeymoon” of sorts in terms of goodwill, at least in the University of Michigan’s survey. Financial markets have also received a significant boost since Election Day, with the Dow Jones Industrial Average (DJIA) surpassing 19,000 for the first time—a new all-time high. This was good news for our portfolios, with the DJIA up nearly 10 percent year to date, or 4.4 percent since the election. Manufacturing data were also quite promising. This included new durable goods orders, which jumped 4.8 percent in October and have increased 2.1 percent
U.S. District Judge Amos Mazzant of the Eastern District of Texas, whom President Obama appointed, yesterday blocked a Department of Labor rule on overtime pay that made more than 4 million private-sector workers eligible for mandatory extra pay or time off. The nationwide injunction against the rule was at the request of 21 states, the U.S. Chamber of Commerce and other business groups. “The Labor Department’s overtime changes are a reckless and aggressive overreach of executive power, and retailers are pleased with the judge’s decision,” said David French, the National Retail Federation’s senior vice president for government relations. The rule, which makes 4.2 million fewer workers exempt from overtime rules under the “manager” exception, was scheduled to take effect Dec. 1. Click here for the full article.
Economic improvement and low gas prices are contributing to a boost in Thanksgiving travels for Americans this year. In fact, the American Automobile Association expects it to be the busiest travel season in nine years, with 1 million more Americans doing Thanksgiving traveling compared to last year. About 89 percent are expected to go by car. A boost in travel also means good news for rental company and AIM Chairman’s Council member Enterprise Holdings, who report their car rental reservations up more than 5 percent compared to last year. For more information on Thanksgiving traveling, click here.
State officials announced a plan to support the building of a new, state-of-the-art facility in Chesterfield by Pfizer Inc., one of the world’s premier biopharmaceutical companies. Pfizer has been in Missouri for more than 13 years and currently employs more than 450 scientists and other professionals in the state. The company expects to create 80 new jobs through the Chesterfield project over the next few years. To support Pfizer’s new facility, the state has offered a strategic economic incentive package that the company can receive if it meets strict job creation criteria. The expansion is also being made possible through local incentives offered by St. Louis County. Construction of the $200 million facility is expected to begin in mid-2017 and be completed by 2020. St. Louis-based Clayco will be the lead developer and owner of the new facility in Chesterfield. Gov. Jay Nixon said Pfizer will benefit from the educated talent pool Missouri offers. “Companies like Pfizer benefit from this
Boeing Chairman, President and CEO Dennis Muilenburg today named Kevin G. McAllister president and CEO of Boeing Commercial Airplanes, succeeding company Vice Chairman Ray Conner in that role. Muilenburg also appointed Stanley A. Deal president and CEO of Boeing Global Services, a new business unit to be formed from the customer services groups within the company’s existing commercial airplanes and defense, space and security business units. McAllister joins Boeing from GE Aviation. Deal is a veteran Boeing executive. Conner, 61, will continue to serve as Boeing vice chairman through 2017. He will work closely with McAllister in the months ahead on a purposeful hand-off of customer, supplier, and community and government relationships, and to ensure continuity of operations and customer support. Conner also will provide strategic oversight and guidance for the company’s transition to a single integrated services business and remain involved in ongoing product development strategy at Commercial Airplanes. “With Ray Conner’s retirement timeline in sight and an expanding