Business News

Tyco Electronics to buy ADC for $1.25 billion

Tyco Electronics said on Tuesday that it has agreed to buy ADC Telecommunications, a broadband equipment maker, for about $1.25 billion in cash, the latest in a spate of deals over ... Read More

Boeing unveils unmanned Phantom Eye demonstrator

The Boeing Company today unveiled the hydrogen-powered Phantom Eye unmanned airborne system, a demonstrator that will stay aloft at 65,000 feet for up to four days. “Phantom Eye is the first ... Read More

GE to speed up electric car chargers

General Electric Co. said Tuesday that it has developed an electric vehicle charger that will reduce the amount of time it takes to replenish depleted batteries. The GE WattStation will be ... Read More

European energy firms look to U.S. as biomass source

Demand for woody biomass, in the form of wood chips, wood pellets and torrified pellets will increase substantially in Europe over the next ten years, according to the North American Wood ... Read More

Johnson & Johnson buys Micrus for $480M

Johnson & Johnson said Monday it will pay $480 million for medical device maker Micrus Endovascular, adding a range of treatments for stroke and brain aneurysms. Johnson & Johnson said it ... Read More

Tech Aerospace to add 100 jobs in Washington, Mo

Tech Aerospace Group Inc., a Kansas City airplane parts maker, plans to build a new $17.5 million 75,000-square-foot plant and add 100 jobs in Washington, Mo. The company, which had also ... Read More

Missouri is the only state in the Midwest with a AAA credit rating

Moody’s Investors Service and Standard & Poor’s have both reaffirmed Missouri’s AAA credit rating, making Missouri once again the only state in the Midwest to earn a triple-A rating from all ... Read More

Mamtek to establish large and expandable U.S. presence in Moberly

Moberly Area Economic Development Corporation today announced that the multinational company Mamtek International and its affiliate Mamtek U.S., producers of a healthy sugar substitute called sucralose, plan to base U.S. manufacturing ... Read More

Boeing to buy internet security firm Narus

Boeing said Wednesday that it agreed to acquire privately held network security firm Narus for an undisclosed amount. Narus, which employs about 150 people worldwide, is based in Sunnyvale, Calif. It ... Read More

Monsanto, BASF add wheat, $1B to crop venture

BASF and Monsanto Co. said Wednesday that they are expanding their joint efforts to develop higher-yielding and stress-tolerant crops to include wheat and may add more than $1 billion to those ... Read More