Business News

Brain mapping study centered in St. Louis

The human brain is among the most complex structures in the universe — and researchers here will try to map it in just five years. A consortium led by scientists at ... Read More

MEMC unit gets $60M in financing

MEMC’s SunEdison unit said late Wednesday that JPMorgan Capital Corp. has agreed to provide an estimated $60 million to finance SunEdison’s solar projects in the U.S. Mores ... Read More

Emerson lands deal for California solar power plant

Emerson said Thursday it won a contract from Quanta Services to supply power inverters and controls for what will be California’s largest photovoltaic power generation plant and one of the largest ... Read More

Daimler, Penske to Launch Small Car in U.S.

Smart USA intends to launch a five-door car on the U.S. market within the next 15 months. More ... Read More

GE to Buy Dresser for $3 Billion

General Electric agreed to acquire Dresser, a maker of energy-infrastructure products, for $3 billion from investors led by private-equity firms Riverstone Holdings and the Carlyle Group. More ... Read More

Boeing lands $5B contract for Super Hornet, Growler

The Boeing Co. said Tuesday it won a new multi-year procurement contract totaling nearly $5.3 billion from the U.S. Navy for 124 F/A-18E/F Super Hornet and EA-18G Growler aircraft. More ... Read More

Washington University gets $18M for nanotechnology

Washington University School of Medicine in St. Louis said Wednesday it and four other partner schools snagged $18 million from the National Heart, Lung and Blood Institute to research therapies and ... Read More

LaBarge wins $1M helicopter contract

LaBarge Inc. said Wednesday it won a $1 million contract from Lord Corp. to produce electronic assemblies for military and civilian helicopters. More ... Read More

Peugeot, Mitsubishi Team Up on Electric Vehicle Project

The carmakers said they will begin technical development of electric versions of the Peugeot Partner combi-van and the Citroen Berlingo, with the aim of beginning production by the end of 2012. ... Read More

Healthier Auto Sector Means Increased Demand for Sensors

Market for sensors expected to grow 14% annually through 2014, according to report. More ... Read More