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Lee Enterprises / St. Louis Post-Dispatch
5:51 pm
Fri December 2, 2011

Parent company of St. Louis Post-Dispatch announces Chapter 11 filing

Credit (via Flickr/pasa47)
The St. Louis Post-Dispatch building in St. Louis.

The owner of the St. Louis Post-Dispatch announced today that it will file for Chapter 11 bankruptcy this month.

Lee Enterprises, based in Davenport, Iowa, says it will allow the company to restructure its debt and exit bankruptcy within 60 days.

The company said in a press release that the filing would not affect employees, vendors and customers.

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Business
4:55 pm
Thu December 1, 2011

Retailers push for “e-fairness”

Credit (St. Louis Public Radio/Screen Capture)
The homepage of online retailer eBay.

Some retailers in Illinois are lobbying for E-fairness nationally; a move to require online vendors to charge sales tax just like brick-and-mortar businesses.

The Illinois Retail Merchants Association helped push legislation through in Springfield this year to force remote online retailers with affiliates in the state to charge sales tax.

President and CEO David Vite says 18 e-commerce businesses have registered with the Illinois Department of Revenue since then bringing in $1.5 million.

Vite says the effort in Illinois helped spur a push for a federal law.

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