Citigroup will not webcast its annual meeting next week in St. Louis, in a move one analyst called "ridiculous."» Read More
JEFFERSON CITY, Mo.— A Missouri Senate committee has endorsed a 1- cent sales tax increase to fund transportation projects. If passed by the full Senate, the measure would head to the November ballot for voter approval. The lone "no" vote on the Senate panel was Republican Sen.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
April 17- With the Chicago weather finally getting a little nicer, Chris Anderssen wanted to grill some burgers outside for a group of family and friends. Retail beef and pork prices reached all-time highs last month, according to Bill Hahn, agricultural economist at the U.S. Department of Agriculture's Economic Research Service.
As part of the deal announced by the Justice Department and Environmental Protection Agency, the North Carolina- based home improvement retailer also pledged to adopt a compliance program for dealing with lead paint during the renovation programs offered through its more than 1,700 stores.
OMAHA, Neb.— The overall index for an economic survey of bankers in 10 Midwestern and Plains states has risen for a second consecutive month, suggesting more growth in the months ahead.
ST. LOUIS— Cereal maker Post Holdings Inc. is buying fellow packaged food maker Michael Foods Inc. in a $2.45 billion deal that will expand Post's range of products. Privately held Michael Foods makes a variety of egg, potato and dairy products.
April 16- Bank of America Corp's financial crisis hangover is lasting longer than expected, leading some investors to wonder if the massive litigation expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.
NEW YORK, April 16- Citigroup Inc, which aspires "to become the world's digital bank", will not webcast its annual meeting next week in St. Louis. Of the top six U.S. banks, only Citigroup and Wells Fargo& Co do not allow investors to listen to live audio from their annual meetings.
April 16- Bank of America Corp's mortgage pain is lasting longer than expected, leading some investors to wonder if the massive expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.
WASHINGTON— A Federal Reserve survey shows economic growth picking up across most of the United States over the past two months as bitter winter weather subsided. Only Cleveland and St. Louis reported slower growth.
NEW YORK— Miley Cyrus is canceling another concert and remains hospitalized for a severe allergic reaction to antibiotics. A representative for the 21- year-old says in a statement that Cyrus is canceling her Wednesday performance at the Scottrade Center in St. Louis. Tickets for the St. Louis concert are being refunded.
ST. LOUIS— Most years about this time, northern Illinois farmer Monty Whipple, like so many Midwest growers, would be riding high in his monstrous planter, kicking up dust while sowing corn in hundreds of acres. Farmers in other key corn-producing states— Iowa, Nebraska and Indiana— were equally idle, the USDA says.
DALLAS— Southwest Airlines Co. says that the co-pilot of a plane that landed at the wrong airport in January has retired, while the plane's captain has resumed flying. Airline spokeswoman Brandy King on Monday declined to identify the pilots, each of whom had at least 12 years with Southwest.
The accident happened about 8:30 a.m. Friday at a lime mine operated by the Mississippi Lime Co. near the town of Ste. Genevieve, about 60 miles south of St. Louis. St. Louis- based Mississippi Lime Co. makes calcium products and calcium-based solutions.
NEW YORK— H&R Block's shares climbed almost 7 percent before the opening bell Friday after the tax preparer found someone to acquire its banking business. BofI Federal Bank will also offer H&R Block- brand financial programs like Emerald Prepaid Master Card and Emerald Advance lines of credit under a program management agreement between the two companies.
April 10- The American Farm Bureau Federation said on Thursday it had more work to do to find consensus on a set of standards aimed at protecting farm data privacy, after meeting in Kansas City with a dozen leading U.S. agricultural industry players. Over the last year, there has been a surge in the collection and analyses of farm data across the United States.
PHILADELPHIA, April 10- A Philadelphia judge on Thursday set aside most of an arbitration ruling that could have cost the state of Pennsylvania some $180 million from a landmark 1998 settlement with the nation's tobacco companies.
NEW YORK— H&R Block said Thursday it has a new deal to sell its banking business, this time to BofI Holding Inc., the parent company of Bank of Internet.
NEW YORK, April 10- The U.S. A steep selloff on Wall Street, where the major indexes lost between 1 and 3 percent, ramped up safe-haven bids for Treasuries and stoked demand at a $13 billion 30- year bond auction that fetched the lowest yield in 10 months.
WASHINGTON— Eleven Senate Democrats, including six who face contested races this year, urged President Barack Obama on Thursday to approve the Keystone XL oil pipeline by the end of May.