Scott Air Force Base was not caught off guard by the smaller defense budget proposed earlier this week. On Tuesday, Secretary of Defense Chuck Hegel gave Congress his $496 billion dollar budget, which calls for cutting the military's size, reducing benefits for troops and scaling back spending on military equipment.
For the Air Force, the new budget means an 8 percent reduction in personnel across the board, a move Scott Air Force Base anticipated.
Emerald Automotive Partners announced today that its been acquired by Chinese automotive giant Zhejiang Geely Holding Group (Geely Group). The acquisition is not expected to affect Emerald’s agreement with Hazelwood to build energy-efficient delivery vans in the city.
TechShop, a do-it-yourself industrial workshop, based in seven cities made its pitch Thursday to expand into St. Louis.
More than 200 people attended the TechShop's presentation. The company provides industrial equipment and classes for amateur and professional inventors. It is hoping to open a location in Cortex, St. Louis’ technology district.
But in order to open its doors, TechShop needs 1,000 memberships. Company COO and Vice President of Business Development Dan Woods pushed that point at the presentation.
Following a two-year recovery in the housing market, the National Association of Realtors’ chief economist expects sales to level off.
"Right now there are two opposing forces; higher mortgage rate anticipation, which is always a negative, and more job creation, which is a positive." said Lawrence Yun, "So, I think it will be a more neutral year in terms of home sales."
Yun spoke to members of the St. Louis Association of Realtors Thursday morning. His key points for this market:
Col. Edwin A. Harper (USMC, Retired), the next to last survivor of the fabled World War II “Black Sheep Squadron” and later the commander of a squadron of fighter pilots poised to strike during the 1962 Cuban Missile Crisis, has died at his home in Lake Saint Louis. He was 93.
Col. Harper’s life was the stuff of which movies are made, or at least TV shows. The Black Sheep Squadron was immortalized by the highly fictionalized 1970s television series, Baa Baa Black Sheep. Col. Harper was not bothered that the raucous series strayed so far from the facts.