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  • Kellow named next CEO of coal-mining Peabody Energy Thursday, 22 Jan 2015 | 1:51 PM ET

    ST. LOUIS— Coal-mining Peabody Energy Corp. soon will have a new chief executive. The St. Louis- based company announced Thursday that Peabody's chief operating officer, Glenn Kellow, will succeed CEO Greg Boyce on May 4. Its U.S. operations include mines in Wyoming, Colorado, Arizona, New Mexico, Illinois, and Indiana.

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • Missouri governor urges 'healing and hope' after Ferguson Wednesday, 21 Jan 2015 | 2:34 AM ET

    Jay Nixon implored lawmakers to embrace policies that "foster healing and hope" Wednesday as he delivered his first State of the State address since the unrest that erupted over the fatal police shooting of a black 18- year-old in Ferguson. "The legacy of Ferguson will be determined by what we do next to foster healing and hope and the changes we make to strengthen...

  • ST. LOUIS— The discovery of two lab-confirmed tiny pallid sturgeons in the Missouri River near St. Louis offers fresh proof the endangered species descending from the dinosaur era is reproducing, the Army Corps of Engineers said Tuesday. The two larval sturgeons, found during Missouri Department of Conservation sampling last June, mark the first time the...

  • Strong dollar could scare tourists away from U.S. Tuesday, 20 Jan 2015 | 8:00 AM ET

    Jan 20- New York restaurant owner Jeremy Merrin has seen business droop in recent weeks at his Havana Central eatery in Times Square. International tourists to the United States spend more than $200 billion annually on travel, hotels, dining and shopping, but growth in 2015 is expected to decelerate as would-be visitors balk at the stronger dollar and grapple...

  • Monsanto gets US approval for new GMO seeds Thursday, 15 Jan 2015 | 6:46 PM ET

    ST. LOUIS— Agriculture business giant Monsanto Co. said Thursday it received approval from the Department of Agriculture for new cotton and soybean seeds designed to be used with a new herbicide formula. Monsanto's business is built on genetically modified seeds and herbicide. The Environmental Protection Agency is still reviewing that new herbicide,...

  • Air Force Chief of Staff General Mark Welsh told a separate news conference at the Pentagon that he was confident the Air Force would meet its target date of declaring the F-35 A-model ready for initial combat use by August to December 2016. He said the Air Force had found a way to maintain its initial detachment of operational F-35s despite a shortage of...

  • He said the Navy still expected to declare the F-35 C-model, which is designed for use on aircraft carriers, ready for combat use by the end of the decade, as planned. Mabus said the Navy was also looking at whether it needed additional EA-18G Growler electronic attack planes built by Boeing Co, since it was now the only military service providing that electronic...

  • CHICAGO— United Airlines is considering cutting up to 2,000 jobs at 28 airports around the country and hiring a contractor to do the work. He said United was discussing the matter with the International Association of Machinists and Aerospace Workers, which represents the affected workers. United Continental Holdings Inc. earned $1.12 billion in the first...

  • TREASURIES-Prices inch up as U.S. wages drag Friday, 9 Jan 2015 | 10:58 AM ET

    NEW YORK, Jan 9- U.S. The five-cent drop in average hourly wages in December's employment data, which included a bigger-than-forecast increase in nonfarm payrolls and a decline in the U.S. unemployment rate to 5.6 percent, may delay a Fed rate hike. That keeps the Fed on hold; inflation is low, oil prices are low, the job market is improving but not in all the ways the Fed...

  • WASHINGTON, Jan 9- U.S. job growth increased briskly in December and the jobless rate dropped to a 6-1/ 2 year low, but wages slipped in the latest sign a tightening labor market has yet to give much of a boost to workers. Nonfarm payrolls increased 252,000 last month after an upwardly revised 353,000 jump in November, the Labor Department said on Friday.

  • *Bed, Bath& Beyond stumbles after results, outlook. NEW YORK, Jan 9- U.S. stocks edged lower on Friday, after a two-day rally in equities put the S&P 500 back in positive territory for the new year as investors assessed a stronger-than-expected monthly payrolls report. "What we are seeing is a tug of war between the worries about slowing global growth and whether...

  • *AbbVie forecast 2015 earnings above expectations. NEW YORK, Jan 9- U.S. stocks were poised to open little changed on Friday, after a two-day rally in equities put the S&P 500 back in positive territory for the new year and following a stronger-than-expected monthly payrolls report. "What we are seeing is a tug of war between the worries about slowing global growth...

  • CHICAGO, Jan 7- Armed with lessons learned from last year's polar vortex, the U.S. transportation and shipping network faces its first big test of the winter this week as harsh cold and dangerous wind chills buffet the Plains to the East Coast. Snow blanketed much of the eastern United States, with lake-enhanced accumulations of more than a foot in northwest...

  • Energy sector earnings are seen down 19.6 percent in the fourth quarter, according to Thomson Reuters data; on Oct. 1, the consensus estimate was for growth of 6.4 percent. "It won't surprise anyone to see profits fall, so if you have no exposure this is a good time to step in," said Scott Wren, senior equity strategist at St. Louis- based Wells Fargo Advisors, which has an "...

  • NEW YORK, Dec 31- The U.S. dollar ended 2014 with a gain of nearly 13 percent against a basket of major currencies on Wednesday, its strongest year since 1997 and, according to most major banks, just a prelude to a further rise next year. Traders favored the dollar as this year's winning bet heading into the New Year and pushed the euro to a fresh 29- month low against the...

  • NEW YORK, Dec 31- The U.S. dollar looked set on Wednesday to end 2014 with a gain of more than 12 percent against a basket of major currencies, its strongest year in almost a decade and, according to most major banks, just a prelude to a further rise next year. Traders favored the dollar as this year's winning bet heading into the New Year, pushing the euro to a fresh 29-...

  • Dec 18- U.S. banks will be able to do more business in Cuba after the United States and the island nation agreed to restore diplomatic ties, but trade groups said their members will be slow to ramp up operations, fearing big penalties for mistakes. The U.S. Treasury Department said it expects to ease its sanction rules for banking in Cuba in the coming weeks.

  • NEW YORK/ ST. LOUIS, Dec 18- U.S. authorities sued MoneyGram International Inc's former chief compliance officer on Thursday, seeking a $1 million civil penalty and to hold him personally responsible for failing to stop fraudulent telemarketers from using the money-transfer firm's services. The lawsuit against Thomas Haider was filed in U.S. District Court in...

  • NEW YORK, Dec 16- The U.S. dollar slipped against major currencies on Tuesday on expectations that the Federal Reserve would take a cautious tone on monetary policy, while a slide in oil prices pushed the Russian rouble to new lows and boosted the safe-haven yen. "That the FOMC sounds dovish either in the statement or the press conference is certainly a risk to the...