March 6th, 2010
General Motors has recalled 1.3 million Chevrolet and Pontiac models in North America for power steering failures that are tied to 14 crashes and one injury in the United States, the company said Tuesday.
The recall affects 2005-2010 Chevrolet Cobalt and 2007-2010 Pontiac G5 models sold in the United States, 2005-2006 Pontiac Pursuit vehicles […]
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Filed under: online by Forest
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March 1st, 2010
Ronnie’s Ice Cream, a 31-year-old frozen dessert manufacturer, will move from St. Louis to Crestwood’s Watson Industrial Park Drive this year, co-owner Ron Ryan said after the Board of Aldermen approved a conditional use permit Tuesday night.
Ronnie’s now makes Quezel Sorbets and other specialty desserts at 1919 South Grand Boulevard cash advance […]
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February 23rd, 2010
South Africa will probably report this week that the economy is expanding at its fastest pace in more than a year and that inflation exceeded the target range for a second month, closing the door on interest rate cuts.
Regulators may also announce an increase in electricity prices of as much as 30 percent […]
Filed under: technology by Forest
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February 4th, 2010
FutureGen timeline
February 2003 — President George W. Bush announces initiative to develop coal-fueled power plant with near-zero emissions.
April 2003 — Utilities and mining companies, including St. Louis-based Peabody Energy, organize to help build plant, dubbed FutureGen.
December 2005 — Department of Energy, companies sign agreement to develop plant.
April […]
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February 1st, 2010
Laclede Group Inc., the owner of Missouri’s largest natural gas utility, said fiscal first-quarter profit fell 27 percent on lower margins and sales from its wholesale gas marketing unit.
Net income for the quarter ended Dec. 31 was $22.9 million, or $1.03 per share, compared with $31.3 million, or $1.41, a year earlier.
[…]
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January 9th, 2010
State regulators seized Horizon Bank on Friday evening, making it Washington’s first bank failure of 2010 and the fourth community bank to be seized in the state in the last 13 months.
Washington Federal Inc., of Seattle, quickly snapped up the failed Bellingham bank from regulators, according to information released by the state Department of Financial […]
Filed under: economics by Forest
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December 15th, 2009
Asia should keep interest rates low even as China, South Korea and other emerging economies in the region may grow at the fastest pace in three years in 2010, the Asian Development Bank said.
“Inflation is still low,” Jong-Wha Lee, the Asian Development Bank’s chief economist, told reporters in Manila today. “We haven’t seen […]
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December 4th, 2009
In a move that could help improve relations between Google Inc. and the media industry, the Internet search company is offering publishers a way to build more solid "pay walls" around their online stories while still appearing in search results.
In an official blog post Tuesday, Google said it will let publishers limit […]
Filed under: business by Forest
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December 2nd, 2009
Pending sales of previously owned U.S. homes rose unexpectedly to their highest level in 3-1/2 years in October, a survey showed on Tuesday, suggesting the housing market recovery was gaining steam.
The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in October, rose 3.7 percent to 114.1, rising for […]
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December 1st, 2009
U.S. banks continue to face significant challenges, particularly from rising delinquencies in commercial real estate and commercial loans, a Federal Reserve official said on Monday.
“Credit losses at banking organizations continue to rise, and banks face risks of sizable additional credit losses given the outlook for production and employment,” said Jon Greenlee, associate director of […]
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