Obama also turned to domestic issues, addressing the situation in Ferguson, Missouri.» Read More
ST. LOUIS, Aug. 28- Major banks are getting increasingly wary of some transactions with smaller banks that have begun to allow marijuana businesses to open accounts. The problem arises because in Colorado and Washington states, marijuana for general use is legal, and in a host of other states it is legal for certain medicinal purposes.
JACKSON HOLE, Wyo., Aug 22- Reginald Rounds was among those present at the Federal Reserve's high-flying monetary conference here, enjoying the chance to button hole two top officials of the U.S. central bank. The St. Louis resident is neither an economist nor a central banker.
ST. LOUIS FED PRESIDENT BULLARD SAYS WORRIED ABOUT INFLATION EXPECTATIONS SLIPPING IN EUROPE, ECB NEEDS TO TAKE ACTION.
NEW YORK, Aug 19- When calm and order is finally restored to Ferguson, Missouri, the city's leaders may find little room to maneuver to resolve an issue that has long inflamed racial tensions: traffic tickets.
CHICAGO, Aug 18- Dave Wiechert of Nashville, Illinois, does good business most years cleaning seed for farmers in preparation for planting season. Wheat currently sells at around $5 per bushel.
Aug 14- U.S. cropland prices in the central Plains and southern Midwest were stable in the second quarter of 2014 compared with the previous quarter even though farm income was lower due to falling crop prices, according to Federal Reserve Bank quarterly surveys issued on Thursday.
CHICAGO, Aug 14- The price of quality farmland in the southern U.S. Midwest and Delta region were steady to softer during the second quarter compared to the previous quarter, reflecting lower farm income, the Federal Reserve Bank of St. Louis said on Thursday.
SOUTHERN MIDWEST FARMLAND VALUES STEADY TO SOFTER IN 2 ND QTR- ST LOUIS FED.
China has barred pork imports from six U.S processing plants and six cold storage facilities effective on Wednesday.
Aug 11- Standard Chartered Plc will soon begin sifting through a mountain of data for signs of possible money laundering or other criminal activity, as a result of faults in the software critical to its anti-money laundering compliance program, two sources with knowledge of the matter said.
Aug 6- U.S. regulators on Tuesday said they are leaning toward approval of a new line of herbicide-tolerant crops developed by Monsanto Co even though they could increase problematic weed resistance for farmers. St. Louis- based Monsanto, said the APHIS move was "a noteworthy sign of progress."
NEW YORK, Aug 6- TricorBraun Inc is planning a sale process that could value the provider of jars and bottles to the cosmetics, healthcare and food and drink industries at more than $1.3 billion, including debt, according to people familiar with the matter.
TORONTO, July 31- Canadian Imperial Bank of Commerce has named wealth management head Victor Dodig as its next president and chief executive, replacing Gerry McCaughey who will retire in September.
HOUSTON, July 31- U.S. oil and gas company Apache Corp, under pressure from activist investor Jana Partners, said on Thursday it plans to sell interests in two liquefied natural gas projects as it sharpens the focus on developing North American shale fields.
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.
*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.
*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.