Economy & Innovation

Business
10:49 am
Thu January 6, 2011

Monsanto posts gains in first quarter

St. Louis-based Monsanto Co. says higher sales of corn, soybean, vegetable and cotton seeds helped the company earn a profit in the first quarter of the fiscal year.

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Midwest Economy
10:30 am
Mon January 3, 2011

Continued Midwestern economic growth suggested by survey

A survey released by Creighton University shows continued economic growth for the near future, though no real expectation for increased employment. (via Flickr/ Rob Lee)
Flickr/Rob Lee

A survey says that economic growth in the Midwest will continue into the first half of the new year, but what does that really mean?

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from St. Louis on the Air
4:38 pm
Mon December 27, 2010

Hunger doesn't take a holiday

Flickr Creative Commons user Victim Public

 

As many Missourians wrap up a weekend marked by celebration and plenty, somewhere near 16% of the state's population struggles with food insecurity.

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Express Scripts
2:06 pm
Fri December 17, 2010

Express Scripts expanding St. Louis headquarters, adding jobs

Pharmaceutical giant Express Scripts announced today that it will invest $73 million to expand its St. Louis headquarters. The construction of the company's fourth building in the area is expected to create 150 new jobs.

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Auto Warranty Scam
5:44 pm
Mon December 13, 2010

Telemarketers in "auto warranty" scam plead guilty in East St. Louis

Two men pleaded guilty to federal charges today in East St. Louis in an auto contract robo-calling scheme that had 15,000 victims in all 50 states. Here's a breakdown of the people, places and charges involved:

These two men were the president and vice president of Transcontinental Warranty...

- Christopher D. Cowart, 49 of Ft. Lauderdale, Florida and

- Cris D. Saganelli, 45, of Boca Raton, Florida

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from St. Louis on the Air
4:20 pm
Mon December 13, 2010

Uncertainty plagues end-of-year tax planning

Lance Weiss, CPA and Tax Partner with Shaprio, Flom & Company
Aaron Doerr

The Senate voted this afternoon to move ahead with Obama's compromise tax cut package.  A final Senate vote is expected Tuesday. But the bill still faces an uncertain future in the House. 

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St. Louis Towing Scandal
2:19 pm
Fri December 10, 2010

Sentencing for operations manager of Metropolitan Towing

(Flickr Creative Commons User Dan4th)

A third person has been sentenced to prison for his role in the St. Louis towing scandal.

A federal judge on Friday sentenced 52-year-old Gregory Shepard to 10 months in prison and fined him $10,000. Shepard pleaded guilty in September to one count each of mail fraud and bribery.

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High-Speed Rail
4:06 pm
Thu December 9, 2010

Illinois gets high-speed rail money when Ohio, Wisconsin pass

(St. Louis Public Radio)

Illinois is set to get millions of dollars for high-speed rail projects that were supposed to go to two other states. But that news may not be as good as it sounds.

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National Tax Bill
5:07 pm
Wed December 8, 2010

Mo. Senators Bond, McCaskill on voting Obama tax package

U.S. Senators for Missouri Kit Bond, at left, and Claire McCaskill.
St. Louis Public Radio

Often tax legislation is a little bit muddled. We try to break down Obama's latest for you and let you know what your U.S. Senators, Kit Bond and Claire McCaskill, think as they go to vote on the bill.

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National Janitorial
3:40 pm
Wed December 8, 2010

Nationwide Janitorial exec. faces indictment

A familiar set of tools of the janitorial trade. Herman Schamber is being charged with embezzlement from the janitorial business for which he worked.
(Flickr Creative Commons User Robert S. Donovan)

The president of Custom Janitorial Services and Supplies is facing federal charges alleging he embezzled nearly $1 million.

The St. Louis Business Journal reports that 54-year-old Herman Schamber of St. Louis worked out of the main Alexandria, Va. office of National Janitorial Services Inc.  and also owned and operated the another company, Custom Janitorial Services, out of the East Rutherford, N.J. area. The Business Journal explains:

 

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