Missouri Gov. Jay Nixon has announced $1.2 billion in trade agreements to sell Missouri products to South Korea over the next four years.
Nixon said Thursday that the state had entered into compacts with the Korea International Trade Association, the Korea-U.S. Economic Council and the Korea Importers Association.
While in Seoul, Nixon also met with South Korean government officials and laid a wreath at the Korean War Memorial. The governor says recent threats of war by North Korea's government have not stopped commerce in the region or impacted daily activities.
So, another week, and yet more news the U.S. housing market is slowly returning to normal.
Numbers released on Tuesday by the Commerce Department show that builders broke ground on homes last month at a seasonally adjusted annual rate of 917,000. That's up from 910,000 in January. And it's the second-fastest pace since June 2008, behind December's rate of 982,000.
The Illinois Department of Transportation and labor unions have signed off on an agreement that sets requirements for state-funded bridge and road projects.
Union and church leaders met with Illinois Department of Transportation Secretary Ann Schneider at the new Mississippi River Bridge Wednesday, celebrating the new Project Labor Agreement that will set standards for minority and female participation.
The site Under30CEO has included St. Louis on its 2013 list for Best Cities for Young Entrepreneurs. St. Louis sits at number 5 in the "Medium Cities" category (for cities with populations between 250,000 and 500,000). Two other Missouri cities made the list: Kansas City at number 4 in the same category as St. Louis - along with college town Columbia, Mo. at number 2 in the small cities category.
One of the most important things you'll do when starting your business is to pick where to setup shop. You want to find a place that offers business resources but also the lifestyle and culture that you want....
Thousands of civilian workers at Scott Air Force Base in southern Illinois will soon begin receiving furlough notices.
The Belleville News Democrat reports workers will be informed that they must take one day per week of unpaid vacation between next month and September because of mandatory federal budget cuts referred to as the "sequester."
The newspaper says the workers will receive the 30-day notices in the mail by the end of the week.
On Monday, the top official with a national miners' union says bankrupt Patriot Coal's bid to cut retiree health care benefits, while seeking millions of dollars for executive bonuses, is immoral.
Patriot Coal spun off from St. Louis-based Peabody in 2007, taking with it an enormous amount of the larger company’s health care obligations. Now that Patriot has declared bankruptcy, the company is looking to cut health care coverage for retired miners.
At a press conference in St. Louis, United Mine Workers of America President Cecil Roberts said Patriot was designed to fail.