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Top News & Analysis St Louis

  • LITTLE ROCK, Ark.— Arkansas lawmakers on Friday approved banning an herbicide that farmers say has drifted onto crops where it wasn't applied and caused damage, but the prohibition still faces a legal challenge from a maker of the weed killer. The Legislative Council, without discussion, approved the Plant Board's plan to ban dicamba from April 16 through Oct. 31.

  • *Boeing slides, weighs on Dow. *Morgan Stanley up slightly on earnings beat. NEW YORK, Jan 18- Wall Street fell on Thursday as losses in industrials and interest-rate sensitive sectors offset marginal gains in tech stocks.

  • *Boeing slides, weighs on Dow. NEW YORK, Jan 18- Wall Street's main indexes seesawed in choppy trade on Thursday, as gains in tech stocks offset losses in interest-rate sensitive sectors. "We'll continue to see a tug of war between how fast the economy grows and how fast interest rates rise," said Kate Warne, investment strategist at Edward Jones in St. Louis.

  • *Spot gold could fall to $1,250 by mid year- Julius Baer. NEW YORK/ LONDON, Jan 18- Gold was flat in a narrow range on Thursday, first dipping as the dollar rose and then rising as the dollar moved lower, but bullion's gains were limited by higher U.S. $12, or 0.9 percent, at $1,327.20 per ounce.

  • TRENTON, N.J.— Several major not-for-profit hospital groups are trying their own solution to drug shortages and high prices: creating a company to make cheaper generic drugs. The not-for-profit drug company initially will be backed by four hospital groups— Intermountain Health, Ascension and two Catholic health systems, Trinity Health and SSM Health— plus the...

  • Republican leaders in U.S. Congress scheduled a vote on Thursday for a proposed temporary extension to fund government operations in the hope of getting it to President Donald Trump's desk before Friday's midnight deadline. Congress on Dec. 21 averted a shutdown just one day before federal funding was due to expire, sending Trump a bill to provide just enough...

  • NEW YORK— Energizer will spend $2 billion in cash to acquire the battery and lighting assets of Spectrum, adding the Rayovac brand to its battery and lighting division. Spectrum Brands said earlier this month that it would seek a buyer for the assets so that it could better focus on other businesses including hardware and home improvement, global auto care and...

  • JEFFERSON CITY, Mo.— St. Louis circuit attorney launches investigation to determine if Gov.

  • Jan 10- Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, adding them to its board and cementing their status as the front runners to succeed Warren Buffett atop the conglomerate. "It is probably fair to say it's not just the Warren and Charlie show any more," said David Rolfe, who oversees $5 billion of assets at...

  • Jan 10- Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, adding them to its board and cementing their status as the front runners to succeed Warren Buffett atop the conglomerate. "It is probably fair to say it's not just the Warren and Charlie show any more," said David Rolfe, who oversees $5 billion of assets at...

  • NEW YORK, Jan 10- Federal Reserve policymakers reacted coolly to a report on Wednesday that China could curb its massive U.S. debt purchases, pointing out that such rebalancing by countries can be healthy and would not likely disrupt the U.S. central bank's plan to trim its own bond portfolio. Such a decision by China, the largest foreign holder of U.S. debt at about...

  • Jan 10- Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, adding them to its board and cementing their status as the most likely successors to Warren Buffett atop the conglomerate. "It is probably fair to say it's not just the Warren and Charlie show any more," said David Rolfe, who oversees $5 billion of assets at...

  • Jan 10- Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, adding them to its board and cementing their status as the most likely successors to Warren Buffett atop the conglomerate. "It is probably fair to say it's not just the Warren and Charlie show any more," said David Rolfe, who oversees $5 billion of assets at...

  • GUY LEBAS, CHIEF FIXED INCOME STRATEGIST AT JANNEY MONTGOMERY SCOTT LLC IN PHILADELPHIA The reason that China holds Treasuries doesnt have to do with their tactical trading and profit goals. China owns Treasuries because they export goods to the United States and they get dollars in exchange for those goods and they have to do something with those dollars.

  • DALLAS- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated discussion on Weitzman Annual Retail Forecast 1410 GMT. DALLAS- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated discussion at the Urban Land Institute Emerging Trends Breakfast 1515 GMT. STOCKHOLM- Swedish Central Bank to publish...

  • TUESDAY, JANUARY 9 BRUSSELS- The European Commission holds a conference, with speakers including EU Commission head Jean-Claude Juncker, German Foreign Affairs Minister Sigmar Gabriel, Italian Finance Minister Pier- Carlo Padoan, German Secretary for Finances Jens Spahn and the chairman of euro zone finance ministers Mario Centeno. DALLAS- Federal Reserve...

  • MONDAY, JANUARY 8 BRUSSELS- The European Commission holds a conference and its speakers include EU Commission head Jean-Claude Juncker, German Minister of Foreign Affairs Sigmar Gabriel, Italian Finance Minister Pier- Carlo Padoan, German Secretary for Finances Jens Spahn and the chairman of euro zone finance ministers Mario Centeno.

  • PHILADELPHIA- Federal Reserve Bank of New York Executive Vice President Simon Potter participates in panel, "The Balance Sheets of Central Banks and the Shortage of Safe Assets" before the 2018 ASSA/American Economic Association Annual Meeting 1515 GMT. SUNDAY, JANUARY 7 PHILADELPHIA- Federal Reserve Bank of San Francisco President John Williams speaks on "...

  • PHILADELPHIA- Cleveland Fed President Loretta Mester participates in panel "Coordinating Conventional and Unconventional Monetary Policies for Macroeconomic Stability" before the 2018 ASSA/American Economic Association Annual Meeting- 1730 GMT. PHILADELPHIA- Philadelphia Fed President Patrick Harker speaks on the economic outlook at the 2018...

  • PHILADELPHIA- Cleveland Fed President Loretta Mester participates in panel "Coordinating Conventional and Unconventional Monetary Policies for Macroeconomic Stability" before the 2018 ASSA/American Economic Association Annual Meeting- 1730 GMT. PHILADELPHIA- Philadelphia Fed President Patrick Harker speaks on the economic outlook at the 2018...