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Lawmakers approve income tax cut

Battling back against tax cuts in neighboring Kansas, Missouri lawmakers gave final approval Thursday to an income tax cut for businesses and individuals that could reduce state revenues by about $700 million annually when fully phased in.

American Airlines settles safety claims for $24.9M

American Airlines has agreed to pay $24.9 million to settle $162 million in potential fines that were proposed by U.S. safety regulators.

Calif. sues JPMorgan Chase over debt collection

California's attorney general sued one of the nation's largest banks Thursday, alleging that JPMorgan Chase & Co. used illegal tactics in its efforts to collect debts from more than 100,000 credit card holders.

Hackers stole $45M in ATM card breach

A worldwide gang of criminals stole a total of $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday — and outmoded U.S. card technology may be partly to blame.

McDonald’s cuts Angus burgers from menu

McDonald’s is cutting the Angus burger from its menu.

AT&T launches prepaid cellphone business

AT&T is launching a prepaid cellphone service — Aio Wireless.

Dollar rises above 100 yen for 1st time in 4 years

The dollar rose above 100 yen for the first time in more than four years Friday as currency traders persist in selling the Japanese currency in reaction to Tokyo’s aggressive credit-easing moves.

Hawthorn Bancshares announces cash and stock dividend

Hawthorn Bancshares of Jefferson City announced today that its Board of Directors approved a quarterly cash dividend of $0.05 per common share, payable July 1, 2013 to common shareholders of record on June 15, 2013.

Mo. Senate passes income tax cut to counter Kansas

Missouri businesses and individuals could eventually reap around $700 million annually in tax savings under legislation passed Wednesday by the state Senate that is intended to keep up with Kansas in an ongoing battle for businesses.

Enron’s Skilling could see 10-year sentence cut

Convicted ex-Enron Corp. CEO Jeffrey Skilling’s more than 24-year prison sentence for his role in the once mighty energy giant’s collapse could be reduced by as many as 10 years if a federal judge approves an agreement reached Wednesday between prosecutors and defense attorneys.

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