Top News & Analysis Missouri

  • CHICAGO, Jan 20- Kansas City Southern on Friday reported a lower quarterly net profit that missed Wall Street estimates by a wide margin as a historic drop in the Mexican peso after the election of President-elect Donald Trump affected the regional U.S. railroad's operations in Mexico. Just hours before Trump was due to take office in Washington, Kansas City...

  • CHICAGO, Jan 20- Kansas City Southern on Friday reported a lower quarterly net profit that missed Wall Street estimates by a wide margin as a historic drop in the Mexican peso after the election of President-elect Donald Trump affected the regional U.S. railroad's operations in Mexico. Just hours before Trump was due to take office in Washington, Kansas City...

  • KANSAS CITY, Mo. _ Kansas City Southern on Friday reported fourth-quarter profit of $129.6 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share. Kansas City Southern shares have decreased slightly since the beginning of the year, while the Standard& Poor's 500 index has climbed 1 percent.

  • ST. LOUIS, Jan 19- A U.S. bankruptcy judge denied on Thursday a request by Peabody Energy Corp shareholders to order the appointment of an official equity committee in the coal miner's Chapter 11 restructuring, crushing hopes of a recovery for investors. Bankruptcy Judge Barry Schermer asked why more money should be spent on legal fees when unsecured creditors...

  • ST. LOUIS, Jan 19- Peabody Energy Corp, the world's largest private-sector coal producer, is squaring off in court with shareholders who claim their stock should not be wiped out in the company's $8 billion Chapter 11 bankruptcy, given a rise in prices for the fuel. Shareholders led by hedge fund Mangrove Partners hope to prove at a hearing in St. Louis on Thursday...

  • NEW YORK— Donald Trump has vowed his company will do "no new foreign deals" while he is president. Richard Painter, who served as chief ethics lawyer for President George W. Bush, said there are so many pending issues before local governments at each stage of a real estate project, it's like a new deal every time. The Scottish expansion is especially worrisome, Painter...

  • A shooter takes aim with a Remington Model 700 SPS Varmint rifle at the Spurwink Rod and Gun Club in Cape Elizabeth, Maine, Jan. 28, 2013.

    Several attorneys general are urging a federal judge to reject a proposed class action settlement involving allegedly defective Remington rifles.

  • AUSTIN, Texas— Texas and 12 other states have asked a federal court to block final rules from President Barack Obama's administration designed to reduce coal mining's impact on streams. Texas Attorney General Ken Paxton petitioned a Washington- based appeals court for an injunction Tuesday. Joining Texas are Alabama, Alaska, Arkansas, Colorado, Indiana,...

  • President-elect Donald Trump warned German car companies he would impose a border tax of 35 percent on vehicles imported to the U.S. market from Mexico, singling out luxury carmaker BMW for criticism following previous broadsides aimed at General Motors, Ford and Toyota. Mexico accounts for a fifth of all vehicle production in North America and has attracted...

  • ST. LOUIS— St. Louis' fortunes may be looking up, thanks to a surprising surge in business startups. St. Louis was the nation's fourth-largest city in 1904, the year it hosted the World's Fair. Yet Forbes recently cited St. Louis as the fastest-growing city for startups.

  • NEW YORK— Moody's Corp. has agreed to pay nearly $864 million to settle federal and state claims it gave inflated ratings to risky mortgage investments in the years leading up to the financial crisis. Moody's— along with the other two major rating agencies, Standard& Poor's and Fitch— were widely criticized for giving low-risk ratings to the risky mortgage...

  • West Des Moines- based Hy-Vee says a milk powder ingredient used in chocolate coating has the potential for contamination and the candy's manufacturer, Palmer Candy Co., announced a recall of some of its products. It includes chocolate almond bark, chocolate almond pretzels, dazzled peanut brittle, holiday candy trays and others fully listed on the FDA recall...

  • Snow and ice cover pedestrian sign

    Freezing rain predicted for many parts of the central Plains and mid-Atlantic US this weekend, drivers warned to stay off the roads, USA Today reports.

  • The FAA has been working on new contingency plans since a fire at control facility in the Chicago area in 2014 led to widespread flight cancellations and delays for more than two weeks, according to a report by the Department of Transportation's inspector general. The FAA has yet to develop new plans for lower-altitude flights and planes in the immediate...

  • Jan 13- Bakery cafe operator Panera Bread Co said on Friday it had removed artificial ingredients from its food menu and Panera at Home products in the United States. Restaurant chains- including McDonald's Corp and Yum Brands Inc's Pizza Hut- had committed last year to remove artificial preservatives from some of their ingredients and menu items.

  • WASHINGTON, Jan 12- The U.S. House of Representatives on Thursday passed a bill requiring the country's top securities regulator to add up the costs of following new rules before putting them into force, part of a Republican push to reform the federal bureaucracy. "Whether it is buying a car or choosing a college savings plan, every American family weighs the pros...

  • President-elect Donald Trump provided little clarity on future fiscal policies at a press briefing. Spot gold was up 0.4 percent at $1,196.06 per ounce, after touching a high of $1,198.58, its best since Nov. 23. "There is some kind of uncertainty in Trump's policies and the dollar's upside is also being questioned by the markets," Argonaut Securities analyst...

  • Jan 12- Gold edged higher early on Thursday to hold near 7- week highs touched in the previous session, as the dollar weakened after Donald Trump provided little clarity on future fiscal policies in his first press conference as U.S. president-elect. *A host of Federal Reserve presidents including Philadelphia, Chicago, Atlanta, Dallas and St. Louis will also...

  • IRVINE, Calif.— Taco Bell plans to go nationwide this month with its latest concoction: a taco with a shell made entirely out of fried chicken. Taco Bell says the shell of the Naked Chicken Chalupa is made up of all-white seasoned chicken. The fast food chain says the taco tested well in markets in Bakersfield, California, and Kansas City, Missouri, over the past two...

  • WASHINGTON— The Latest on activities in Congress:. Marco Rubio is frustrated with how Donald Trump's choice for secretary of state handled his confirmation hearing. Rubio's opinion could prove pivotal when the Senate Foreign Relations Committee votes on Tillerson's nomination.