Beer lovers across the country have filed $5 million class-action lawsuits accusing Anheuser-Busch of watering down its Budweiser, Michelob and other brands.
The suits were filed in Pennsylvania, California and other states on behalf of consumers allegedly cheated out of the beverage's stated alcohol content. Budweiser and Michelob each boast being 5 percent alcohol, while some "light" versions are said to be just over 4 percent.
One of the nation's biggest coal producers says federal security regulators are investigating the company's role in development of a southwestern Illinois power plant.
St. Louis-based Peabody Energy Corp. says in its annual report that the Securities and Exchange Commission served the company with a subpoena last month requesting information and documents related to the Prairie State project.
After decades and decades of competing against each other for jobs, St. Louis City and County announced on Friday, a decision to partner up to attract new companies.
The proposal, called the St. Louis Economic Development Partnership, would merge two agencies—The St. Louis Development Corporation in the city, and the St. Louis County Economic Development Council, under one roof.
Mayor Francis Slay says the move will create a sense of regionalism that has been lacking in economic development.
Bank-On Save-Up is a new program aimed at giving individuals and families access to bank accounts. It is part of a nationwide initiative aimed at helping underprivileged families build financial independence.
The project is being administered locally by a group called the St. Louis Unbanked Taskforce.
The boards of American Airlines and US Airways just approved a merger of the two airlines. But the deal still has to win the approval of antitrust regulators at the Justice Department — regulators who last month sued to stop a merger between the beer giants Anheuser-Busch InBev and Grupo Modelo, which brews Corona.
The antitrust division has dozens of economists on staff. Their job, essentially, is to figure out whether a merger would reduce competition so much that a company could raise prices without losing business to competitors.
After years of delays, work on Ballpark Village in St. Louis is finally under way.
The St. Louis Cardinals broke ground on Friday on the $100 million first phase of the project that will be developed on the site of the old Busch Stadium, next to the new stadium.
Ballpark Village was part of the development agreement between the city and the Cardinals when planning for the new stadium began back in 1999. As it stands the team says phase one will be accessible to fans as of Opening Day 2014.
Digging out of an economic crisis can be a lot more complicated than getting in to one and can take a lot more time, too. While there are positive signs that we are climbing out of the recession, there is still considerable fallout, especially for young couples and recent college grads.
Jobs are still hard to find for newcomers in the job market and college debt is overwhelming for many. The housing market decline, and resulting loss of wealth, was especially painful for young home owners.