ST. LOUIS – Peabody Energy says its net income more than doubled during the third quarter amid growing global demand for coal.
Peabody Energy Corp., the world's largest private-sector coal producer, said its net income rose to $236.3 million, or 83 cents per share for the quarter. That's more than double the same period last year, when net income was $110.8 million, or 40 cents per share.
Adjusted earnings were 99 cents per share, beating Wall Street's expectation of 91 cents.
By Marshall Griffin and Rachel Lippmann, St. Louis Public Radio
Jefferson City, Mo. – One of the four developers vying for Missouri's lone available casino license won't be making a pitch Wednesday as originally planned, and is threatening to drop out if the process isn't slowed down.
JEFFERSON CITY, Mo. – A new reports says Missouri's unemployment rate was unchanged last month at 9.3 percent while the state shed jobs.
The Department of Economic Development said Monday that Missouri had a net loss of 12,300 jobs from August to September. The decline put September's total statewide payroll employment slightly below the March level.
Jefferson City, Mo. – A committee tasked with coming up with ways to combat human trafficking in Missouri met today in Jefferson City.
The purpose of the Children Affected by Human Trafficking Committee is to craft recommendations for Governor Jay Nixon and state lawmakers for next year's legislative session. State Representative Jeff Grisamore (R,Lee's Summit) sits on the committee.
ST. LOUIS – The St. Louis Cardinals have brought back Tony La Russa for a 16th year as manager.
The team announced the deal Monday and said it includes a mutual option for the 2012 season. Financial terms were not disclosed.
The 66-year-old La Russa has a franchise-record 1,318 wins since joining the team as manager in 1996. He has led the Cardinals to eight division titles, two National League pennants and a World Series title in 2006.
ST. LOUIS – A contractor for the Missouri Department of Transportation is facing fines after causing major traffic delays in downtown St. Louis Monday.
Thomas Industrial Coating is painting the double-decker section of Interstate 64 through downtown St. Louis. When a piece of equipment that collects lead paint failed around midnight, workers had to do the job by hand.
ST. LOUIS – URGENT Federal judge stays Nunley execution Eds: Substitutes second paragraph to restore dropped reference to judge's last name, updates with state AG's office reviewing the ruling. APNewsNow. Will be updated. A federal judge says Missouri must hold off on executing a man condemned in the 1989 killing of a Kansas City-area teenager until issues involving his sentencing are sorted out.