RSS Feed

Business

Savings and loan figure Charles Keating dies at 90

Charles H. Keating Jr., the notorious financier who served prison time and was disgraced for his role in the costliest savings and loan failure of the 1980s, has died. He was 90.

Eurozone unemployment stuck near record high

The 18-country eurozone may have emerged from recession last year, but that has done little good to the jobs market, with unemployment stuck near a record high since then.

Craft beer reaches for the skies on US airlines

Attention passengers, craft beer has reached 35,000 feet.

UP CEO's compensation nearly doubled last year

The compensation Union Pacific's top executive received nearly doubled to $11.7 million last year as he took on more responsibilities at the railroad.

Samsung: Patents developed by Google engineers

An attorney for Samsung on Tuesday denied the company had stolen technology from Apple, saying the South Korean tech giant's mobile devices contain Android software designed entirely by Google engineers.

New Vermont law encouraging small power generation

It's now easier for more small power generators in the state to get paid for any excess electricity they produce by sending that power back onto the electric grid, according to a new law signed by Gov. Peter Shumlin on Tuesday.

Tease photo

US auto sales accelerated on the drive thru March

U.S. auto sales went out like a lion in March. Automakers said Tuesday that new car and truck sales picked up speed halfway through the month, culminating in a strong final weekend. Toyota dealers had their two best sales weekends of the year at the end of the month, the company said.

Tease photo

S&P 500 at record high on manufacturing pickup

New signs of life in the U.S. manufacturing sector helped push the stock market to a record high Tuesday.

GM recall: Many victims were young drivers

As the deaths are tallied from General Motors’ delayed recall of compact cars, one thing is becoming clear: Of those killed, the majority were young.

Utility, aluminum maker continue to battle for support

Noranda wants lower Ameren electric rates for its plant

Last month, in separate filings, Noranda asked the commission to reduce the rates it pays Ameren — and also asked the PSC to reduce Ameren’s overall rates because, the company said, Ameren has taken in more revenue than is allowed by its RoE (return on equity).

Tease photo

Former mercantile finds new life as restaurant

At the turn of the 20th century, Peter Kaullen was proud of opening his mercantile at 900 E. High St. At the turn of the 21st century, Juanita Donehue was determined to restore that three-story, German vernacular as home to her restaurant.

Tease photo

BizBeat: Local business shows power of pillows

Jefferson City already has been named “America’s Most Beautiful Small Town,” but with the help of Debi Leon, she hopes another title will be bestowed upon the Capital City — America’s most well-rested.

BizBeat: Modern Litho honored for ‘green’ award

Modern Litho has been awarded the Kodak SONORA Green Leaf Award, the first company in the United States to receive the award.

BizBeat: Mid America Bank celebrates 100 years

April is Community Bank Month, and one such bank is celebrating 100 years of serving the Mid-Missouri community.

American farmers confront 'big data' revolution

Farmers from across the nation gathered in Washington this month for what has become an annual trek to seek action on the most important matters in American agriculture, such as immigration reform and water regulations.

Tease photo

Government safety agency missed Cobalt clues

Drivers reported cars stalled without warning

For years, the U.S. government's auto safety watchdog sent form letters to worried owners of the Chevrolet Cobalt and other General Motors small cars, saying it didn't have enough information about problems with unexpected stalling to establish a trend or open an investigation.

Smart Spending: Snack delivery services

Americans really love their snacks, but will they pay to have them delivered to their mailboxes?

Sally Beauty's security breach grows in scope

Sally Beauty says a security breach in March may have affected more of its customers than it earlier estimated.

FDA Oks new therapy to prevent hemophilia bleeding

The Food and Drug Administration has approved the first hemophilia B treatment designed to decrease frequency of injections to prevent the excessive bleeding the clotting disorder causes.

Tease photo

GM adding 971,000 vehicles to ignition recall

General Motors is boosting by 971,000 the number of small cars being recalled worldwide for a defective ignition switch, saying cars from the model years 2008-2011 may have gotten the part as a replacement.