Hot Business Topics
Gov. Mark Parkinson on Thursday denied a request for a 60-day extension for the approval of a casino in Sumner County.
The Kansas Lottery Gaming Facility Review Board asked for the extension this week as it considers whether to approve the proposed Chisholm Creek Casino Resort near Mulvane. The review board has until April 19 to […]
Filed under: marketing by Forest
Comments Off
United Insurance Holding Corp. said state mandates and reinsurance rate hikes pulled down earnings in the fourth quarter and full year of 2009.
For the fourth quarter, United Insurance reported a net loss of $1.2 million, or 11 cents a share, compared with net income of $6.8 million, or 65 cents a share, during the fourth […]
Filed under: money by Forest
Comments Off
Jerry York always loved to play the subversive, the man behind the scenes who manipulated the levers of power.
The last time I saw him, 18 months ago, it was a vintage York moment. We met in a nearly deserted restaurant in Bloomfield Hills in mid-afternoon. He was dressed in a black mock turtleneck and […]
Filed under: finance by Forest
Comments Off
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 […]
Filed under: online by Forest
Comments Off
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 […]
Filed under: management by Forest
Comments Off
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
Comments Off
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 […]
Filed under: marketing by Forest
Comments Off
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.
[…]
Filed under: online by Forest
Comments Off
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
Comments Off
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 […]
Filed under: management by Forest
Comments Off