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Top News & Analysis Missouri

  • Feb 28- The maker of Kona craft beer was sued on Tuesday by two California shoppers who claim they were deceived into believing the beer was made in Hawaii, causing them to overpay for it. Sara Cilloni and Simone Zimmer said Craft Brew Alliance Inc misleads consumers about the origin of its Kona Brewing Co beers, saying the fifth-largest U.S. craft brewer actually...

  • CHICAGO/ WILMINGTON, Del., Feb 28- A year ago, Peabody Energy Corp's chief executive was presiding over $2 billion of losses as the world's largest private sector coal miner spiralled into bankruptcy. The company's valuation, they contend, fails to properly reflect the impact of President Donald Trump's unexpected election victory and regulatory changes in...

  • CHICAGO, Feb 23- A glut of idled river barges is clogging Mississippi River shorelines from St. Louis to New Orleans, leaving U.S. barge companies that haul grain, coal and other bulk goods counting their losses. Barge lease rates paid to companies like Archer Daniels Midland Co's American River Transportation Company, privately held Ingram Barge and a handful of...

  • CHICAGO, Feb 16- Creditors of Abengoa Bioenergy US Holding, a unit of Spanish renewable energy company Abengoa SA, have reached an agreement over the distribution of asset sale proceeds, removing a key hurdle for the company to exit bankruptcy. Abengoa subsidiaries that filed for U.S. bankruptcy protection last year while the Seville- based parent worked out a...

  • WASHINGTON/ NEW YORK, Feb 16- America's largest banks are to propose a complete overhaul of how financial institutions investigate and report potential criminal activity, arguing that rules imposed in the years after the Sept. 11, 2001 attacks and strengthened during the Obama administration are onerous and ineffective, sources said. The proposal, which...

  • *Financials lift Wall St to another record. NEW YORK, Feb 15- Stocks on major world markets rose further on Wednesday and U.S. "It makes it more interesting, March, for sure," said Brian Rehling, co-head of global fixed income strategy for Wells Fargo Investment Institute in St. Louis.

  • *Financials power Wall Street to record. NEW YORK, Feb 14- Financial stocks propelled Wall Street to a record on Tuesday and the dollar strengthened as U.S. Yellen told the U.S. Senate Banking Committee the central bank will likely need to raise interest rates at an upcoming meeting, although she expressed caution about the considerable economic policy...

  • WASHINGTON, Feb 14- Federal Reserve Chair Janet Yellen goes to Congress on Tuesday for the first time since Republicans took control of the White House and both houses of the legislature with less clarity on the direction of U.S. economic policy than at any time of her three-year tenure. Yellen is due to give semi-annual testimony before the Senate Banking...

  • BERLIN- German Chancellor Angela Merkel to meet European Central Bank President Mario Draghi. LONDON- Bank of England Governor Mark Carney to speak at the Bank of England Inclusion Reception- 1830 GMT. ST. LOUIS, United States- St.

  • Feb 8- S&P Global Ratings revised the outlook on Kansas' AA-minus credit rating to negative from stable on Wednesday, citing weak economic trends and structural budget pressures. "We believe the next two years will remain pressured and the proposed budget does not adequately provide solutions to Kansas' ongoing structural deficits," said S&P analyst Oladunni...

  • SAN FRANCISCO, Feb 8- Shares of Panera Bread surged to a record high on Wednesday and were on track for the biggest one-day move in almost two years after the company gave an upbeat forecast and said technology investments at its restaurants were paying off. The St. Louis, Missouri- based company late on Tuesday reported quarterly results above Wall Street's...

  • STOCKHOLM- OECD Secretary-General Angel Gurria and Swedish Finance Minister Magdalena Andersson will attend a press conference- 1200 GMT. STOCKHOLM- OECD Secretary-General Angel Gurria and Sweden Finance Minister Magdalena Andersson will attend a press conference- 1230 GMT. STOCKHOLM- Riksbank executive board meeting.

  • STOCKHOLM- OECD Secretary-General Angel Gurria and Swedish Finance Minister Magdalena Andersson will attend a press conference- 1200 GMT. STOCKHOLM- OECD Secretary-General Angel Gurria and Sweden Finance Minister Magdalena Andersson will attend a press conference- 1230 GMT. STOCKHOLM- Riksbank executive board meeting.

  • STOCKHOLM- OECD Secretary-General Angel Gurria and Swedish Finance Minister Magdalena Andersson will attend a press conference- 1200 GMT. STOCKHOLM- OECD Secretary-General Angel Gurria and Sweden Finance Minister Magdalena Andersson will attend a press conference- 1230 GMT. STOCKHOLM- Riksbank executive board meeting.

  • Centene's shares, which have fallen about 4 percent since the U.S. presidential election on Nov. 8, rose 8.25 percent to $68.88 in morning trading on Tuesday. The company has benefited from the expansion of Medicaid under the Affordable Care Act like other health insurers that focus on government-sponsored plans for the under-insured or uninsured.

  • STOCKHOLM- OECD Secretary-General Angel Gurria and Swedish Finance Minister Magdalena Andersson will attend a press conference- 1200 GMT. STOCKHOLM- OECD Secretary-General Angel Gurria and Sweden Finance Minister Magdalena Andersson will attend a press conference- 1230 GMT. STOCKHOLM- Riksbank executive board meeting.

  • STOCKHOLM- OECD Secretary-General Angel Gurria and Swedish Finance Minister Magdalena Andersson will attend a press conference- 1200 GMT. STOCKHOLM- OECD Secretary-General Angel Gurria and Sweden Finance Minister Magdalena Andersson will attend a press conference- 1230 GMT. STOCKHOLM- Riksbank executive board meeting.

  • STOCKHOLM- OECD Secretary-General Angel Gurria and Swedish Finance Minister Magdalena Andersson will attend a press conference- 1200 GMT. STOCKHOLM- OECD Secretary-General Angel Gurria and Sweden Finance Minister Magdalena Andersson will attend a press conference- 1230 GMT. STOCKHOLM- Riksbank executive board meeting.

  • OLYMPIA FIELDS, United States- Chicago Fed President Charles Evans speaks on current economic conditions and monetary policy before the Prairie State College Economic Breakfast- 1415 GMT. SAN DIEGO, United States- Philadelphia Fed President Patrick Harker speaks on "FinTech Regulation" before the Global Interdependence Center "Payment Systems in the...

  • BERLIN- ECB Board Member Peter Praet gives a keynote speech at 15th Handelsblatt Annual Conference "Future strategies for saving banks and Landesbanken" in Berlin, Germany- 1700 GMT. LONDON- Bank of England rate decision, publication of the minutes of its meeting and release of its inflation report. FRANKFURT, Germany- ECB Governing Council meeting.