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New 'know your customer' rules proposed for banks

The U.S. government is proposing new rules for banks and other financial firms aimed at preventing the use of anonymous companies to launder illicit profits.

US judge slaps $1.3B fine on Bank of America

A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments.

Stocks flatten out after Fed delivers no surprises

A cheerful report on the U.S. economy, rising profits and no surprises from the Federal Reserve left the stock market nearly where it started on Wednesday.

McDonald's could be liable for labor practices

McDonald's is coming under intensifying pressure for labor practices at its U.S. restaurants.

PSC staff testimony questions overearnings claim

The Public Service Commission’s staff didn’t ask their bosses to pursue an “overearnings” case against Ameren Missouri because the staff didn’t think the company’s earnings had reached that level, staff members told the five-member commission this week.

Study: 35 percent in US facing debt collectors

More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.

Vending firm ex-official sentenced in Pepsi scheme

A former official of a New Jersey-based vending company has been sentenced to prison time for his role in a scheme that defrauded the Pepsi Bottling Group of $2.9 million over a 10-year period.

Food writers subpoenaed in 'pink slime' lawsuit

Several food writers, including a New York Times reporter, have been subpoenaed as part of a company's $1.2 billion defamation lawsuit against ABC related to the network's coverage of a meat product derided as "pink slime."

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$1,000 Sovaldi now hepatitis treatment of choice

The price is sky-high, but so is demand. A new $1,000-per-pill drug has become the treatment of choice for Americans with hepatitis C, a liver-wasting disease that affects more than 3 million.

Stocks end lower ahead of economic data

The stock market fell modestly on Tuesday as investors waited for a batch of big economic reports later this week.

Stocks pause as traders wait on key economic news

After dawdling between small gains and losses in a slow day of summer trading, the stock market ended little changed on Monday.

FAA eyes $12M fine for Southwest Airlines

The Federal Aviation Administration said Monday it is proposing a $12 million civil fine against Southwest Airlines for failing to comply with safety regulations related to repairs on Boeing 737 jetliners.

Express Scripts expansion could mean 1,500 jobs

The nation’s largest company that manages pharmacy benefits is opening a new office building in St. Louis County as part of an expansion, which is expected to add 1,500 jobs over the next five years.

Area business academy now open for applicants

The Jefferson City Area Chamber of Commerce is teaming up with the University of Missouri Extension’s Small Business & Technology Development Centers to offer Cole County a Small Business Academy.

BizBeat: Saying goodbye to Fabulous Finds

After nearly two years in business, Finishing Touches Fabulous Finds will close its doors for good.

BizBeat: Chim’s opens new location in California

California has a new restaurant this month after restaurateur Chim Duncan purchased a new location in the Mid-Missouri town.

BizBeat: Stone Hill Winery takes Tri-Fecta Award

Hermann’s Stone Hill Winery took top honors for the second straight year at the 2014 Missouri Wine Competition.

BizBeat: Target nearly halfway toward $25M goal

Target has reached $10 million toward its goal of donating $25 million to students in need for the upcoming school year.

Osage Beach panel mulls how to increase west end traffic

The Osage Beach Citizens Advisory Committee narrowed down a list of more than 35 short-term, long-term and other ideas to increase traffic to the city’s west end business district.

Building permits issued in June 2014

Jefferson City issued 55 building permits in June.