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Top News & Analysis Missouri


  • MEMPHIS, Oct 4- The United States faces a problem of too much debt, but any suggestion that this burden can be eased by allowing inflation to rise will just result in higher borrowing costs in the future, a senior Federal Reserve official said on Thursday.

  • NEW YORK, Oct 4- So far this year, top U.S. brokers managing more than $86 billion in client assets have decamped for a rival firm or decided go it alone- a troubling trend for big brokerages as teams with larger books of client assets depart. Morgan Stanley Wealth Management and Bank of America's.

  • Mo. Rep. Akin failed to report state pension Thursday, 4 Oct 2012 | 2:57 PM ET

    JEFFERSON CITY, Mo.-- Republican Senate candidate Todd Akin on Thursday released a decade's worth of federal financial reports he has updated with nearly $130,000 in state pension income that he received, but failed to disclose, over that time.

  • Joplin, MO gets $2.4M to deal with soil problems Thursday, 4 Oct 2012 | 2:20 PM ET

    JOPLIN, Mo.-- Joplin will receive $2.4 million in federal funding to deal with soil contamination stirred up by the May 2011 tornado, the Environmental Protection Agency said Thursday.

  • Drought worsens in some key Midwest farming states Thursday, 4 Oct 2012 | 9:36 AM ET

    Conditions worsened, though, in Kansas and Iowa, the nation's biggest corn producer, and nearly 98 percent of Nebraska was still deemed to be in one of the two worst categories. According to the map, which is put out by the National Drought Mitigation Center at the University of Nebraska in Lincoln, 75 percent of Iowa is enduring extreme or exceptional drought.

  • McCaskill raises $5.8M; Akin backs abortion remark Thursday, 4 Oct 2012 | 8:31 AM ET

    Claire McCaskill touted a $5.8 million fundraising haul for her re-election campaign Wednesday as Republican challenger Todd Akin sought to raise cash amid new attention to his remarks about abortion.

  • FEATURE-Asia's virtual masters eye Zynga's real lunch Thursday, 4 Oct 2012 | 1:00 AM ET

    SAN FRANCISCO, Oct 4- A decade ago, a developer from Korean gamemaker Nexon threw a few lines of code together to create an image of a flower to present to his girlfriend, buying himself more videogame time as she sat impatiently by his side at an Internet cafe.

  • Oct 3- American Airlines and its pilots union resumed contract talks Wednesday, but other problems continued to beset the bankrupt carrier. "I will never ride on American Airlines ever again," said Tony Palm, who was stranded when a connecting flight on American from Chicago to New York's LaGuardia airport was canceled last month.

  • McCaskill reports $5.8 million raised in Akin contest Wednesday, 3 Oct 2012 | 9:27 PM ET

    Claire McCaskill, whose Missouri re-election campaign has attracted national attention since her Republican challenger made controversial remarks about rape, said on Wednesday she raised $5.8 million in the last quarter. Missouri is a key target for Republicans who need a net gain of four seats in November's election to win a Senate majority.

  • Oct 3- American Airlines and its pilots union resumed contract talks Wednesday, but other problems continued to beset the bankrupt airline. "I will never ride on American Airlines ever again," said Tony Palm, who was stranded when a connecting flight on American from Chicago to New York's LaGuardia airport was cancelled last month.

  • "This matter requires more attention," Jeremie Waterman, head of the U.S. Chamber of Commerce's China division, told a U.S. government panel hosted by the U.S.

  • Bakers shoe chain files for bankruptcy Wednesday, 3 Oct 2012 | 4:11 PM ET

    Oct 3- Bakers Footwear Group Inc, which operates 215 women's shoe stores in the United States, filed for bankruptcy protection on Wednesday as it struggles to restructure its business amid falling sales. Bakers' weak sales this year pushed it into default on a $30 million secured credit facility it entered into in June with Crystal Financial LLC.

  • *China, Europe services PMI disappoint. NEW YORK, Oct 3- Oil prices fell sharply on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth and a weakening outlook for petroleum demand, even as supportive U.S. data strengthened the dollar.

  • News Summary: Ranchers see more thefts of grass Wednesday, 3 Oct 2012 | 3:51 PM ET

    WHERE THE GRASS IS GREENER: Ranchers from Missouri to New Mexico have started cutting neighbors' fences, leaving gates open so their cattle can graze on greener pastures or even stealing hay as they contend with the worst drought in decades. IN THE WEEDS: It's not clear just how many grass thefts have happened since most aren't reported.

  • Unemployment rates for Midwestern US cities Wednesday, 3 Oct 2012 | 3:42 PM ET
  • Bakers shoe store chain files for Chapter 11 Wednesday, 3 Oct 2012 | 2:45 PM ET

    ST. LOUIS-- Bakers Footwear Group on Wednesday filed for Chapter 11 bankruptcy protection citing weak sales and mounting losses. Bakers filed in the Eastern District of Missouri. It plans to continue an existing plan to reorganize the company by selling up to 52 leases to Aldo U.S. Inc., closing other stores and selling off merchandise from closed stores.

  • U.S. Supreme Court weighs federally created floods Wednesday, 3 Oct 2012 | 2:25 PM ET

    *Case pits Arkansas commission against U.S. Army Corps. WASHINGTON, Oct 3- The U.S. Supreme Court heard oral arguments on Wednesday in a case about the degree to which the federal government must pay damages when it releases water from a dam that causes temporary flooding for a property owner downstream.

  • *Illumina machine turns around diagnosis in two days in pilot study. Stephen Kingsmore, director of the Center for Pediatric Genomic Medicine at Children's Mercy medical center in Kansas City, Missouri, whose study was published in the journal Science Translational Medicine.

  • Ranchers see increase in grass thefts amid drought Wednesday, 3 Oct 2012 | 3:07 AM ET

    VAUGHN, N.M.-- Petty crime and burglaries aren't unusual in New Mexico's isolated Guadalupe County, but lately Sheriff Michael Lucero has seen thieves steal something a bit unexpected: grass.

  • AA jet returns to DFW due to landing-gear warning Wednesday, 3 Oct 2012 | 12:39 AM ET

    FORT WORTH, Texas-- American Airlines says a jet returned to Dallas-Fort Worth International Airport shortly after takeoff because of a cockpit indicator that showed a problem with the landing gear. Airline spokesman James Faulkner said Tuesday that the landing gear was still working and the plane made a safe landing.