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Top News & Analysis St Louis

  • Investors have sought safe-haven assets throughout the week due to geopolitical tensions in Syria and North Korea. News of a massive bomb being dropped by the United States in eastern Afghanistan on Thursday added to uncertainty. Kate Warne, principal investment strategist at Edward Jones in St. Louis, said a dip in bond yields put pressure on stocks ahead of a...

  • NEW YORK, April 13- A lawsuit accusing Nestle Purina Petcare Co of fooling dog owners into thinking its Beggin' dog treats are made mostly of real bacon has been dropped. Nestle Purina and plaintiff Paul Kacocha jointly agreed to dismiss the proposed class-action case, according to a filing on Wednesday with the federal court in White Plains, New York.

  • NEW YORK, April 11- Anxious investors sought shelter in gold, Treasuries and the yen on Tuesday after reports that Syrian warplanes dropped barrel bombs on rebel-held areas a day after the United States said their use could lead to further U.S. strikes in Syria. Also, North Korea state media warned of a nuclear attack on the United States if provoked, as a U.S. Navy...

  • NEW YORK, April 11- Anxious investors sought shelter in gold, Treasuries and the yen on Tuesday after reports that Syrian warplanes dropped barrel bombs on rebel-held areas a day after the United States said their use could lead to further U.S. strikes in Syria. Also, North Korea state media warned of a nuclear attack on the United States if provoked, as a U.S. Navy...

  • *March job additions drop to lowest since last May. April 7- U.S. stocks were little changed in choppy trading on Friday after a U.S. missile strike on Syria sent investors scurrying to safe-havens, while weak jobs data weighed on financial stocks. "This morning's job numbers place another speed bump in front of the equity rally," said Chris Gaffney, president of world...

  • A section of the Mississippi River was closed to navigation on Friday morning after nine grain barges broke free from a tow and struck lock and dam 22 near Saverton, Missouri, north of St. Louis, the U.S. Army Corps of Engineers said. Separately, the Coast Guard has closed a four-mile stretch of the lower Ohio river near Brookport, Illinois, on Thursday after a tow boat...

  • April 7- U.S. stocks were little changed in choppy trading on Friday after a U.S. missile strike on Syria sent investors scurrying to safe-havens, while weak jobs data weighed on financial stocks. U.S. employers added about 98,000 jobs in March, well below economists' expectation of 180,000. While the job additions were the lowest in 10 months, the Labor Department...

  • CHICAGO, April 4- Discount footwear retailer Payless ShoeSource said it had filed for Chapter 11 protection on Tuesday with a plan to restructure debt and immediately close 400 underperforming stores in the United States and Puerto Rico. Privately owned Payless Inc joins a long list of U.S. brick-and-mortar retailers to fall victim to declining mall traffic...

  • A NYT investigation found five women who have received payouts from either Bill O'Reilly or Fox News in exchange for their silence.

  • U.S. Attorney General Jeff Sessions delivers remarks at the Department of Justice on February 28, 2017 in Washington, D.C.

    Attorney General Jeff Sessions visits St. Louis to speak with law enforcement officers about efforts to combat violent crime and restore public safety.

  • SEATTLE, March 24- A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts. Aerospace components often zigzag through multiple countries and companies before reaching Boeing's...

  • Bankruptcy Judge Barry Schermer in St. Louis approved last week a plan by Peabody, which has valuable coal assets both in the United States and Australia, to emerge from bankruptcy in early April with about $2 billion of debt. In a notice of appeal filed with the Bankruptcy Court in St. Louis, about a dozen money managers who voted against the plan asked an appellate...

  • St. Louis- based Peabody, the world's largest private-sector coal producer, owns mines in Australia and the United States and supplies the global market with the metallurgical coal used in steelmaking and the thermal coal used to generate electricity. In the environmental settlement, the Department of Justice was negotiating on behalf of the Environmental...

  • ST. LOUIS, March 16- Peabody Energy Corp, the world's largest private sector coal producer, said on Thursday it expects to exit its Chapter 11 bankruptcy in early April after a U.S. judge said he would approve its plan to slash over $5 billion of debt. Bankruptcy Judge Barry Schermer said he was ready to sign an order to approve Peabody's bankruptcy emergence once...

  • ST. LOUIS, March 16- Peabody Energy Corp, the world's largest private sector coal miner, struck a series of last-minute deals with some opponents of its plan to exit an $8 billion Chapter 11 bankruptcy, lawyers said in court on Thursday. The investors will drop a lawsuit against Peabody and other parties involved in the bankruptcy following a deal reached late...

  • Those investors- who said in court filings that they own between 5 and 7 percent of the unsecured bonds- will argue in U.S. Bankruptcy Court in St. Louis that Peabody's reorganization plan should be rejected because it violates a bankruptcy statute requiring equal treatment for owners of the same securities. "This is absolutely theft from a small group of people...

  • NEW YORK, March 14- U.S. airlines canceled thousands of flights ahead of Tuesday's blizzard in the northeastern United States, but the weaker-than-forecast storm left some passengers complaining the preemptive strategy was too drastic. "I do believe in some cities this was overly dramatic," Patrick Pryor, a 24- year-old whose flight to Chicago from his home in St....

  • NEW YORK, March 10- U.S. stocks rose on Friday after a solid jobs report pointed to strength in the domestic economy and supported expectations the Federal Reserve will raise interest rates next week. Fed Chair Janet Yellen signaled last week the U.S. central bank is set to raise rates this month if employment and other economic data hold up. The Fed meets March...

  • CHICAGO, March 9- Four individual investors of Peabody Energy Corp are accusing the company, certain hedge funds and other parties involved in the coal producer's Chapter 11 bankruptcy of breaching their fiduciary duties, according to a lawsuit filed on Thursday. Peabody spokesman Vic Svec said on Thursday that the company stands by its reorganization plan.

  • CHICAGO, March 9- Four individual investors of Peabody Energy Corp are accusing the company, certain hedge funds and other parties involved in the coal producer's Chapter 11 bankruptcy of breaching their fiduciary duties, according to a lawsuit filed on Thursday. Peabody spokesman Vic Svec said on Thursday that the company stands by its reorganization plan.