Patriot Coal, headquartered in Creve Coeur, confirmed Tuesday that two of its miners in West Virginia were killed in a "severe coal burst."
Eric Legg, 48, and Gary Hensley, 46, were working in Brody Mine No. 1, about 50 miles south of Charleston, W.VA., when the accident occurred just after 8:45 p.m. Monday.
"We express our deepest sympathies to Eric's and Gary's families, friends and co-workers," said Mike Day, Patriot executive vice president of operations. "We are fully cooperating with state and federal mine regulatory agencies to investigate this incident."
It’s Tuesday, that magical day of the week when our thoughts turn to questions of economics, business, innovation, technology … and related topics that tickle our fancy but we haven’t been able to report on ourselves. It’s the day we say, “Don’t think we haven’t been paying attention, dear reader,” and we share some the things we’ve been reading on topics of interest.
Peabody Energy is getting protests from all sides.
More than 50 people gathered outside the corporation’s annual meeting Thursday in Clayton, including Washington University students, St. Louis activists, rural southern Illinoisans and American Indians from Black Mesa, Ariz.
Ten protesters were arrested outside the Ritz-Carlton, where the meeting was held.
The complaints they expressed were as different as their backgrounds, but the group is unified in its opposition to coal.
St. Louis Mayor Francis Slay is asking businesses in the city to help put 500 young people to work this summer through a program called Stl Youth Jobs.
One corporation stepped up Wednesday.
JPMorgan Chase announced a $100,000 donation, and the company is asking other businesses to help.
"It is very important for this city that we build that base, that base of people that understand how to work, love to work and want to be part of this community," said Scott Bush, a managing director and market leader with the firm.
The city of St. Louis often uses tax incentives as a means of spurring development. But one alderman wants to change how the tax breaks are given out and assessed.
Alderman Joe Roddy, D-17th Ward, told members of the Board of Aldermen’s Housing, Urban Development and Zoning Committee on Wednesday that he was forming a group to examine how tax increment financing and tax abatement is done in the city of St. Louis.
It’s Tuesday, the day when we poke our heads out of the offices of St. Louis Public Radio and review some of the other stories brewing in the economy that have piqued our interest.
First up is news that a very important economist has left this earth. Nobel Laureate Gary Becker died on Saturday. He is most notable for his economic theories that tried to explain human behavior, tackling questions that went way beyond supply and demand. The University of Chicago professor studied things like crime, racial discrimination and even romance.
In February of this year, the Metropolitan Taxicab Commission approved a license for Carmel Car and Limo to operate their cab-hailing smartphone app in St. Louis. But the commission has not been so welcoming to ride-share service Lyft, which also wants to enter the St. Louis market.
St. Louis Mayor Francis Slay and Missouri River Cities and Town Initiative director Colin Wellenkamp speak at the Inland Rivers, Ports and Terminals conference. The group's conference took place at the Union Station Hotel in Downtown St. Louis.
A major river commerce group endorsed a plan Tuesday to increase container-on-barge traffic on the Mississippi River.
The Inland Rivers, Ports and Terminals Association supports shipping goods in containers on barges up and down the Mississippi River. That’s seen as an alternative to using trucks or rail. The group made the announcement at its annual conference in St. Louis.