The FTC and CFPB took separate legal action against two different payday lending operations as part of an ongoing industry crackdown.» Read More
WASHINGTON, Sept 23- A U.S. court has shut down Butterfly Labs, a Missouri company the Federal Trade Commission alleges deceptively marketed computers designed to produce bitcoins, the "virtual currency" payment system.
The acquisition of Viasystems Group, Inc., of St. Louis, Missouri, is expected to be completed during the first half of 2015 would give TTM 30,000 employees in 10 assembly factories in the U.S., Canada and China. TTM says the acquisition of Viasystems will diversify its business partners and provide entry into the automotive industry.
NEW YORK— Hundreds of corporations, insurance companies and pension funds are calling on world leaders gathering for a U.N. summit on climate change this week to attack the problem by making it more costly for businesses and ordinary people to pollute.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. The Clorox Co. up $6.66 to $97.23. AutoZone Inc. down $21.06 to $505.38.
FRANKFURT, Sept 22- Drugs and chemicals maker Merck KGaA agreed on Monday to acquire U.S.-based Sigma-Aldrich Corp for $17 billion in cash to boost its lab supplies business, the biggest takeover in the German group's history.
FRANKFURT, Sept 22- Drugs and chemicals maker Merck KGaA agreed on Monday to acquire U.S. company Sigma-Aldrich for $17 billion in cash to boost its lab supplies business, the biggest takeover in the German group's history.
NEW YORK— U.S. stocks are opening lower as investors worry about some soft economic data from China and a profit warning by the British retailer Tesco. Yahoo fell 3 percent, the most in the S&P 500.. Sigma-Aldrich rose the most, 34 percent.
NEW YORK— TTM Technologies Inc. said Monday that it plans to buy rival circuit board maker Viasystems Group Inc. for about $368 million in cash and stock. Costa Mesa, California- based TTM is paying $11.33 in cash and 0.706 share of its stock for each share of Viasystems.
FRANKFURT, Germany— German drug company Merck says it has agreed to buy St. Louis- based chemical firm Sigma-Aldrich Corp. for $17 billion in a deal Merck says will strengthen its business in chemicals and laboratory equipment.
NEW YORK— Worries about the outlook for growth in China and a slide in the price of oil pushed the stock market to its biggest loss in almost seven weeks Monday. Investors are nervous about China following a run of soft economic data that suggests growth in the world's second-largest economy is slowing.
KANSAS CITY- Federal Reserve Bank of Kansas City President Esther George gives welcome remarks at the Shift Innovation: Community Development Conference- 1330 GMT.
JEFFERSON CITY, Mo.— A new report ranks Missouri among the national leaders in the growth of household income, even though it remains below the national average. Figures released Thursday by the U.S. Census Bureau show Missouri's median household income was $46,931 based on a 2013 survey, a 2.2 percent increase over the previous year.
"We sure are aware of the concerns that have been expressed," said Dow AgroSciences President Tim Hassinger in an interview.
DALLAS- Federal Reserve Bank of Dallas President Richard Fisher moderates panel, "Perspectives on the Fed's Role in International Crises" before a conference hosted by the Federal Reserve Bank of Dallas- 2100 GMT.
Sept 17- The U.S. Department of Agriculture on Wednesday gave final approval to new genetically modified corn and soybeans developed by Dow AgroSciences that, while heavily criticized by environmentalists and some farmers, are portrayed by Dow as an answer to weed resistance problems that limit crop production.
JEFFERSON CITY, Mo.— A new report shows Missouri's unemployment rate dipped slightly last month while the state lost 3,100 nonfarm jobs. The state Department of Economic Development said Tuesday the seasonally adjusted unemployment rate dropped to 6.3 percent in August from 6.5 percent in July.
The lenders include iCWB Services, Orion Services, Sand Point Capital and Basseterre Capital. Also on Wednesday, the Consumer Financial Protection Bureau announced a lawsuit against online payday lender Hydra Group, which allegedly was running a similar scam.
CHICAGO— CHICAGO— A professor whose research is helping a California police department improve its strained relationship with the black community and a lawyer who advocates for victims of domestic abuse are among the 21 winners of this year's MacArthur Foundation "genius grants."
STOCKHOLM- Sveriges Riksbank will release the minutes of September monetary policy meeting- 0730 GMT. STOCKHOLM- Sweden Central Bank Deputy Governor Martin Floden speaks on the topic "The economic situation and my views on monetary policy"- 0900 GMT.
TRENTON, N.J.— New Jersey has sold its pension fund investment in a venture capital firm that has connections to a Massachusetts gubernatorial candidate.