Officials say the completion of improvements to the main runway at St. Louis Downtown Airport in Cahokia will help the facility expand its clientele and generate new business.
The six-month, $7.4 million project widened and lengthened the runway and improved the runway’s lighting system. Airport director Bob McDaniel says they also strengthened the runway to support larger aircraft like the Boeing 757 and Airbus 320.
Missouri's unemployment rate declined last month to its lowest point in more than 2 1/2 years.
The state Department of Economic Development said Tuesday that Missouri's seasonally adjusted unemployment rate was 8.5 percent in October - down two-tenths of a percentage point from September. It was the lowest mark since an 8.4 percent rate in February 2009.
Missouri's unemployment rate also was better than the national average of 9 percent in October.
Scott Air Force Base plans to cut more than 300 jobs as part of an Air Force restructuring plan and could get rid of more positions.
Base spokeswoman Karen Petitt said 321 jobs will be cut. Of those 122 are vacant. The base about 25 miles east of St. Louis has 5,085 civilian jobs so the cuts represent 6.3 percent of its civilian positions.
The Air Force is cutting about 9,000 jobs around the country to save money and restructure civilian operations.
Updated 4:50 p.m. with comments from Nixon, company and union officials, and employees.
The General Motors plant in Wentzville, Mo. got some welcome news this morning.
A $380 million investment in the plant, negotiated into the latest contract between GM and the United Auto Workers, means the Chevrolet Colorado will be built at the St. Charles County plant beginning some time next year.
Missouri Gov. Jay Nixon says he has closed a deal with another Chinese province to import products from Missouri.
Nixon said Thursday the government of Zhejiang Province has agreed to import $100 million of Missouri products over the coming years. The province also agreed to help facilitate an additional $100 million of investment in Missouri businesses.
Missouri Gov. Jay Nixon says a Chinese province has agreed to increase its imports from Missouri by $100 million over the next three years.
Nixon's announcement Wednesday about the Hebei province came as part a weeklong trade trip to China. The governor previously announced that a new agreement with the China Council for the Promotion of International Trade would increase imports of Missouri goods by $1 billion over three years.
An announcement Friday from St. Louis-based Ameren Corporation says that the company is offering certain employees an opportunity to retire early. Ameren is an electric and natural gas utility provider for many residents of the St. Louis region.
The move comes as a cost management measure during what the company calls a "challenging economic period."
According to Ameren, here are the requirements for employees to be eligible for the offer: