Business News

Obama visit to Kansas City will discuss stimulus, job creation

President Obama will use his visit to Smith Electric Vehicles U.S. Corp. in Kansas City on Thursday to highlight how the federal government is using stimulus grants to encourage more private ... Read More

Canada’s Cott Corp to buy juice maker Cliffstar

Canadian soft drink maker Cott Corp. is buying private-label juice maker Cliffstar Corp. for $500 million in cash, to expand its portfolio of beverages. Cliffstar is the largest private-label maker of ... Read More

DED designates KC location as certified site

The Missouri Department of Economic Development (DED) announced today that a Kansas City location has been designated as the state’s fourth Certified Site. Chosen by DED’s Certified Site team, the site ... Read More

Missouri’s tax climate gets an ‘A’ grade in the 2010 Manufacturing and Logistics Report Card

The 2010 Manufacturing and Logistics Report Card, prepared by Ball State University’s Center for Business and Economic Research, noted certain states – those with low tax rates, diversity of industry and ... Read More

Sanofi-Aventis said to plan $20 billion U.S. deal

In a deal that would no doubt bring a smile to the faces of some investment bankers, Sanofi-Aventis is reportedly preparing for an American acquisition that could be worth $20 billion. ... Read More

Britain’s Chloride seals deal with Emerson

Chloride Group, the British power supply company, said Friday that it has accepted an improved takeover bid from the American competitor, Emerson Electric, that values it at £997 million ($1.5 billion). ... Read More

Dell agrees to buy data center software maker

Dell said Thursday that it had agreed to acquire Scalent, a privately held maker of data center software, for an undisclosed amount. Dell expects the deal to close in the current ... Read More

IBM, University of Missouri push Kansas City-region genomics research

IBM and the University of Missouri plan to cast a “cloud” over Kansas, Missouri and the Midwest in an effort to bolster the Kansas City region’s life sciences industry. The two ... Read More

MU noted for energy efficiency

The University of Missouri has been recognized by the U.S Environmental Protection Agency for using a variety of alternative energy sources to power its campus. MU was one of three universities ... Read More

Gov. Nixon announces creation of 300 new high-tech jobs in St. Louis

Unisys to locate new application modernization center to provide Information Technology services to federal agencies and other clients. Gov. Jay Nixon today took part in the official announcement that worldwide information ... Read More