CHARLESTON, W.Va.— Patriot Coal plans to cut production at two mining complexes in southern West Virginia and potentially lay off workers. St. Louis- based Patriot announced Wednesday that it has issued 60- day layoff notices to workers at its Wells mining complex near Wharton and its Corridor G complex near Danville.
ST. LOUIS- The two men at the top of Citigroup Inc, the third-biggest U.S. bank and the most international, acknowledged on Tuesday that the company must do more to simplify itself.
ST. LOUIS, April 22- The two men at the top of Citigroup Inc, the third-biggest U.S. bank and the most international, acknowledged on Tuesday that the company must do more to simplify itself.
ST. LOUIS— At a time most years when farmers would be in full swing of planting corn, Stanley Blunier and most other growers near his central Illinois farm still hadn't begun the annual ritual on Tuesday because fields simply are too wet or too cold to be receptive to fragile seeds.
WASHINGTON— Spring's thaw is reviving the economy, too. A recent batch of government and business reports show a U.S. economy emerging from winter's deep freeze. There were ice storms in Georgia.
AT&T currently has such speeds in Austin, Texas, and has committed to offer the service in Dallas. The company is also in advanced talks to bring GigaPower to two additional markets, Raleigh-Durham and Winston-Salem, N.C.. A rival offering from Google Inc., known as Google Fiber, is available in Kansas City and is coming soon to Austin and Provo, Utah.
PALMDALE, Calif.— Boeing Co. will pay $47 million to hundreds of current and former Southern California employees who are owed back pay and benefits, a union announced Friday.
*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.
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.
NEW YORK, April 9- Short- and medium-term U.S. People are readjusting now, "said Brian Rehling, chief fixed income strategist with Wells Fargo Advisors in St. Louis, Missouri.
Boeing said that it would shut the production line in Southern California three months earlier than anticipated, in mid-2015 instead of late 2015, a decision that affects about 2,200 workers there.
April 7- Specialty pharmaceuticals company Mallinckrodt Plc will buy drugmaker Questcor Pharmaceuticals Inc for about $5.6 billion to gain access to its lucrative drug to treat multiple sclerosis, Acthar Gel.