Business News

Mediomics gets $460,000 for research

St. Louis biotechnology company Mediomics said Tuesday it received an additional $460,000 in federal funding thanks to the renewal of a second-year grant from the National Institute of General Medical Sciences. ... Read More

Covidien completes $250M Somanetics buy

Covidien plc said Wednesday it completed its $250 million acquisition of Somanetics Corp. The deal was announced a little more than a month ago. Somanetics, which develops, manufactures and sells noninvasive ... Read More

DuPont profit nearly triples, raises view

Chemical maker DuPont Co.’s profit nearly tripled, while revenue increased more than expected on better volume and higher selling prices. “We grew sales across every segment,” said Chairman and Chief Executive ... Read More

Exploring algae as fuel

in a laboratory where almost all the test tubes look green, the tools of modern biotechnology are being applied to lowly pond scum. Foreign genes are being spliced into algae and ... Read More

Caterpillar profit jumps 91%, beating expectations

Caterpillar Inc. reported a stronger-than-expected quarterly profit and raised its full-year outlook, citing sales growth in emerging markets, especially from customers in mining and energy. The world’s largest maker of construction ... Read More

Honda changes direction– will launch electric car, plug-in hybrids in 2012

Honda said on July 20 that it would roll out an electric car and plug-in hybrids in Japan and the United States in 2012 as it tries to catch up in ... Read More

$4.6M grant to finance incubator, Danforth greenhouse

The U.S. Department of Commerce awarded St. Louis County Economic Council and Donald Danforth Plant Science Center a $4.6 million grant to expand plant and life sciences in St. Louis County. ... Read More

Boeing gets fed nod to buy defense firm Argon

Boeing Co. has won U.S. antitrust approval to buy defense manufacturer Argon ST Inc., the Federal Trade Commission said on Tuesday. Boeing said in early June that it would buy Argon ... Read More

GE orders 100 jets from Boeing, Airbus

General Electric’s aircraft leasing unit announced at the Farnborough airshow on July 19 that it has placed an order for 100 planes from Boeing and Airbus. GE Capital Aviation Services (GECAS) ... Read More

Barnes-Jewish 1 of 14 hospitals on U.S. News Honor Roll

Barnes-Jewish Hospital and its physician partners at Washington University School of Medicine are one of 14 hospitals and medical institutions nationwide included on U.S. News & World Report’s list of “America’s ... Read More