St Louis


  • WASHINGTON/ ST. LOUIS, July 30- The United States unveiled on Wednesday a long-delayed rule that would require banks to identify hidden account owners in order to curb money laundering and peer behind shell companies.

  • NEW YORK, July 30- The U.S. dollar pared gains against a basket of major currencies on Wednesday after a Federal Reserve statement disappointed expectations that the central bank would take a more hawkish bias on monetary policy.

  • Processing issue delays bar exam submissions Wednesday, 30 Jul 2014 | 2:08 AM ET

    The Florida- based software provider ExamSoft Worldwide Inc. said the processing problem created a six-hour backlog that had been cleared by early Wednesday morning.

  • Panera 2Q profit drops 3.6 percent Tuesday, 29 Jul 2014 | 6:46 PM ET

    ST. LOUIS— Panera Bread Co. on Tuesday reported earnings that decreased by 3.6 percent in its second quarter, and missed analysts' expectations. The St. Louis- based company said net income dropped to $49.2 million, or $1.82 per share, from $51 million, or $1.74 per share, in the same quarter a year earlier.

  • Express Scripts 2Q profit falls 5.1 percent Tuesday, 29 Jul 2014 | 5:26 PM ET

    ST. LOUIS— Express Scripts Holding Co. on Tuesday reported net income that decreased by 5.1 percent in its second quarter, and beat analysts' expectations. The St. Louis- based company said earnings dropped to $515.2 million from $543 million.

  • Lottery ticket would aid Missouri veterans Tuesday, 29 Jul 2014 | 9:50 AM ET

    Several states already allocate some lottery revenue to veterans, including three of Missouri's neighbors— Kansas, Iowa and Illinois— along with Texas and West Virginia.

  • Arch Coal posts bigger 2Q loss Tuesday, 29 Jul 2014 | 9:30 AM ET

    ST. LOUIS— Arch Coal Inc. said Tuesday that its second-quarter loss widened partly because of nagging rail disruptions and weaker prices for coal used in making steel, though cost controls helped the coal producer's latest earnings surpass analysts' expectations.

  • *BP the biggest foreign investor in Russia with Rosneft stake. LONDON, July 29- Oil and gas producer BP reported a sharp rise in second quarter profits on Tuesday but warned that further Western sanctions on Russia could harm its business there and its relationship with Russian state oil company Rosneft.

  • The so-called "Sectoral Sanctions Identifications List," or SSI List, was announced by President Barack Obama on July 16 as the United States stepped up pressure on Russia over its support for separatist rebels in war-torn Ukraine.

  • Express Scripts expansion could mean 1,500 jobs Monday, 28 Jul 2014 | 8:24 AM ET

    Jay Nixon helped Express Scripts mark the $56 million expansion project at a ceremony on Monday. "Express Scripts is a company that is proud to be born and raised in Missouri and we look forward to continuing our growth here," said George Paz, chairman and chief executive officer.

  • Freight broker to open office in St. Louis Friday, 25 Jul 2014 | 3:07 PM ET

    JEFFERSON CITY, Mo.— A national freight brokerage firm plans to open a new office in St. Louis that could employ 95 people within the next five years. With the addition of the Missouri office, the company will have locations in 14 states and employ more than 2,800 people.

  • *Caterpillar drags on Dow; Facebook at record on results. *Amazon shares fall after market's close; Baidu rallies. NEW YORK, July 24- U.S. stocks finished a quiet session mostly flat on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high.

  • *Caterpillar drags on Dow; Facebook stock at record on results. NEW YORK, July 24- U.S. stocks ended a quiet session on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high. Recent gains on Wall Street have been fueled by earnings, which have been strong this quarter.

  • At least eight European law firms are pitching their services to major U.S. law firms and Wall Street banks, hoping that U.S. companies considering an inversion choose Ireland, Britain or the Netherlands for their new tax domicile, according to people with knowledge of the matter.

  • US STOCKS-Wall St flat as Caterpillar offsets Facebook Thursday, 24 Jul 2014 | 2:49 PM ET

    *Caterpillar weighs on Dow, Facebook hits record on results. NEW YORK, July 24- U.S. stocks barely budged on Thursday as corporate earnings painted a mixed picture of the economy, though the S&P 500 eked out a record intraday high for the third straight session.

  • Peabody reports 2Q loss Tuesday, 22 Jul 2014 | 9:28 AM ET

    ST. LOUIS— Peabody Energy Corp. on Tuesday reported a second-quarter loss after posting a profit in the same period a year earlier. The St. Louis- based company reported a loss of $73.3 million, or 27 cents per share, compared with a profit of $90.3 million, or 33 cents per share, in the same quarter a year earlier.

  • Fun run's cancellation in US angers participants Sunday, 20 Jul 2014 | 4:41 PM ET

    RENO, Nev.— A Utah company's cancellation of an annual fun run featuring a muddy, foamy obstacle course has left participants out of money in Nevada, Oregon and other states. Registered runners for the 5 K Foam Fest set for Aug. 2 in Reno received an email Thursday from Spanish Fork, Utah- based Round House Racing saying it went out of business and the event was canceled.

  • Groeneveld said the Navy was still reviewing lessons learned from the exercise, which took place aboard the USS Carl Vinson off the coast of southern California. The exercise could help Navy officials make the case for adding EA-18G Growlers to the five planes now slated to go on each of the Navy's 11 aircraft carriers in coming years.

  • Boeing procurement officer pleads guilty to fraud Friday, 18 Jul 2014 | 4:18 PM ET

    ST. LOUIS— A former procurement officer for The Boeing Company in St. Louis pleaded guilty Friday to federal fraud charges for his role in a bribery and kickback scheme involving military aircraft parts sold to Boeing.

  • *Morgan Stanley climbs after earnings. NEW YORK, July 17- U.S. stocks edged lower on Thursday in the wake of fresh U.S. and European Union sanctions on Russia, but some stronger-than-expected earnings reports helped keep declines in check.