The Illinois Department of Transportation (IDOT) and the Federal Railroad Administration (FRA) will host the last open house tomorrow to answer questions about the high-speed rail project between St. Louis and Chicago.
The public meetings, which began March 1, are aimed at answering questions about a recent environmental study. The study evaluates the impact of adding a second track to the high-speed route.
Missouri’s exports grew by 35 percent last year, and the state’s governor is visiting several businesses today to spread the news.
Governor Jay Nixon stopped at Volpi Foods this morning, a family-owned business on The Hill in St. Louis, which exports dry-cured Italian meats to several countries.
Anheuser-Busch InBev reported a 24 percent drop in fourth-quarter profits today, the St. Louis Business Journal reports.
And what are the numbers behind the drop? According to the Business Journal:
St. Louis-based Peabody Energy announced today that it will keep its headquarters in downtown St. Louis for at least another 15 years.
Peabody is a Fortune 500 company employing more than 600 people in St. Louis.
The company had been offered a package of $10 million in Federal New Market tax credits to fund upgrades to their downtown high-rise.
Federal officials say Arch Coal will pay $4 million in fines and change some mining practices to settle alleged Clean Water Act violations in Virginia, West Virginia and Kentucky.
The deal announced Tuesday is between St. Louis-based Arch, the Environmental Protection Agency and the Department of Justice.
Updated 2:12 p.m. Feb. 28, 2011 with quotes from Mock (via AP).
Two years after Chrysler shut down its dealership in Wentzville, Mo., Century Motor Corp. is back in business.
Twenty-five people work there - about 20 fewer than when the dealership closed in May 2009.
Brewing giant, Anheuser-Busch InBev, is looking to grow its market base in Europe after reports project higher savings than expected.
The producer of hoppy classics like Budweiser and Stella Artois is looking forward to some $.75 billion in savings, says Chief Executive Carlos Brito.
More not-so-great economic news for the St. Louis region today.
The Home Builders Association of St. Louis and Eastern Missouri released its data on the number of permits issued by the six counties (St. Louis, St. Charles, Lincoln, Warren and Franklin) and the city of St. Louis. They show that builders were looking to start construction on just 120 new single-family homes in January 2011. That's down more than 40 percent from January 2010, and is the lowest monthly total since November of 2008.
The number of black-owned businesses in Missouri increased sharply, by 47 percent, from 2002 to 2007, the St. Louis Business Journal reports.
Those numbers are according to data released this month from the U.S. Census Bureau’s 2007 Survey of Business Owners.
In a matter of weeks - if not days - the Pentagon will announce whether Chicago-based Boeing Co. or European Aeronautic Defence and Space Company will build 179 new tankers to replace the Air Force's Eisenhower-era KC-135 planes.
It's a $35 billion contract to build nearly 200 giant airborne refueling tankers. And the decade-long brawl by two defense industry titans to win it has been just as epic.
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