China shadow looming, Taiwan’s Ma set for 2nd term

Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949. China’s incessant effort to draw the democratic island closer politically has been on the back burner, and as Ma’s second term begins Sunday the question is whether he can keep […]

Concord Bank CEO Tony Feraro dies

Tony Feraro, the president and CEO of Concord Bank in South St. Louis County, died Wednesday. He was 64.
Feraro joined the bank in November 2008.
“The entire Concord Bank family mourns the loss of Tony,” said Concord Bank chairman Earl Gates in a statement. “Our thoughts and prayers are with his wife and four children, and […]

St. Louis’ latest honor: best city for cheapskates

At first blush, it may not seem like an honor to be called the best city for cheapskates.
But upon further reflection, St. Louis’ clinching of the top spot in Kiplinger.com’s list of top 10 cities for cheapskates may just be something to brag about.
After all, the website came up with the list by comparing a […]

Air Canada: Why adding the Boeing 787 Dreamliner could be a travel gamechanger

Air Canada is pinning its future business strategy on Boeing

BOJ Openings Can Shape Monetary Policy - Bloomberg

Japan

Philadelphia–Area Manufacturing Rises Above Forecasts - Bloomberg

Manufacturing in the Philadelphia region expanded in February at the fastest pace in four months as orders and sales picked up.
The Federal Reserve Bank of Philadelphia

Keeping the judgment hounds at bay

America is filled with lawyers, and lawyers sue people. Then those people hire more lawyers to ward off the suing lawyers. It’s all gonzo business for lawyers and a nagging little worry for the rest of us.
Most of us will never get sued. Still, it’s worth looking at ways to protect assets in case a […]

US Embassy: US citizen kidnapped in Nigeria freed

A spokeswoman for the U.S. Embassy in Nigeria says a U.S. citizen kidnapped in the country’s oil-rich southern delta has been released.
Spokeswoman Deb MacLean told The Associated Press on Friday the man had been released. She declined to offer any other information.
Police previously said the attack happened in Warri, the capital of Delta state. The […]

Nigeria Labor Unions Plan to Proceed With Strike Over Fuel Subsidy Removal - Bloomberg

Nigerian labor unions plan to go ahead with a nationwide strike to protest the scrapping of fuel subsidies that more than doubled gasoline prices, said Owei Lakemfa, general secretary of the Nigeria Labor Congress.

Jerome Powell, Jeremy Stein Chosen by Obama to Fill Fed

President Barack Obama said he will nominate two former U.S. Treasury Department officials for the Federal Reserve Board, including one who served in a Republican administration.
Jerome Powell, an attorney who was a Treasury undersecretary for former President George H.W. Bush, and Jeremy Stein, a Harvard University economist who has advised the current administration, are […]