Germany: outbreak waning, but more deaths possible

Germany’s health minister says he’s hopeful that the worst of an E. coli outbreak blamed on sprouts is over _ but he is warning that the number of deaths, now at 33, may still increase.
Minister Daniel Bahr’s comments came after health officials announced on Friday that they had traced the outbreak to sprouts from a […]

Bistate recovery trails U.S. rate

Both Missouri and Illinois suffered in the Great Recession. Now they’re falling behind in the recovery.
Economic growth was slower than average in both states in 2010, and is expected to stay that way for years to come, according to a pair of new reports out Tuesday.
The Commerce Department said that Missouri’s economy grew a little […]

Local health care company sees opportunity in reform

Many hospitals, physicians and insurers are approaching federal health reform with caution, even trepidation, as they seek to unravel the endless complexities of a new regulatory framework for fixing the U.S. health care system.
But the new chief executive of the Essence Group, a family of privately held health technology and service companies based in Maryland […]

Ford Canada remains on top in soft month for auto sales

Ford Canada was Canada

Lee revises debt refinancing plan

Lee Enterprises, owner of the St. Louis Post-Dispatch, today revised its proposed refinancing plan, announcing that it would offer common stock to buyers of its new debt.
The company said it will issue $680 million in first-lien notes which will mature in 2017, and $375 million in second-lien notes due in 2018.
Buyers of the second-lien notes will […]

Heavy fighting in Ivory Coast’s largest city

Shells and heavy fighting are shaking the walls of homes and prompting residents to flee parts of the northern Yopougon suburb in Ivory Coast’s largest city.
It appears to be an offensive by forces of President Alassane Ouattara to dislodge die-hard militiamen loyal to arrested former President Laurent Gbagbo.
A resident in the Kuwait area of the […]

Peak Resorts, owner of Hidden Valley, files for $40.3M IPO

Peak Resorts Inc., which owns Hidden Valley ski area in Wildwood, filed Monday for a $40.3 million initial public offering of its common stock.
Peak Resorts’ filing documents must still be approved by the Securities and Exchange Commission. If completed, it will be the first IPO by a St. Louis area company since American Railcar Industries […]

Euro Nations Divided Over Method to Boost Rescue Fund’s Lending Capacity - Bloomberg

European governments were divided over how to boost the rescue fund for debt-strapped countries, taking the gloss off a three-day-old pledge to step up the fight against the fiscal crisis.
Finance ministers from the 17 euro countries failed late yesterday to decide how to bring the emergency aid fund up to its full 440 billion […]

Filing taxes may be painful, but it doesn’t have to be expensive

The IRS says a typical American spends 12 hours on federal income taxes, including time wrestling with records and preparing the return business cards. It’s drudgery, but you can choose your form of punishment:

Hu Says U.S. Must Respect Sovereignty, Defends Yuan - Bloomberg

Chinese President Hu Jintao said greater cooperation with the U.S. on economic and security issues must include recognition of each nation’s sovereign rights as he rejected American arguments for yuan appreciation.
Hu, who will arrive in Washington tomorrow for his first state visit to the U.S. since 2006, said the two nations should abandon the […]