St. Louis among most affordable cities to do business
- March 31, 2010
St. Louis is one of the most affordable cities in the nation to do business, a new study shows. St. Louis ranked sixth with a cost index of 97.8, benefiting from ... Read More
Business News
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 native genes are being tweaked, The New York Times’s Andrew Pollack writes.
Different strains of algae are pitted against one another in survival-of-the-fittest contests in an effort to accelerate the evolution of fast-growing, hardy strains.
MU program aims for jobs in green energy
- March 31, 2010
The University of Missouri has been tapped to help establish academic programs across the state to train workers for the emerging green energy industry. MU received $4 million of a $6 ... Read More
Madison Dearborn to pay $915M for Atlanta container maker
- March 29, 2010
Private-equity investor Madison Dearborn Partners LLC has agreed to purchase Bway Holding Co., an Atlanta-based supplier of metal and plastic containers, for $915 million in cash and debt and plans to ... Read More
BAE wins weapons contracts
- March 26, 2010
Just days after losing a large contract to supply armored vehicles for the British army, BAE Systems PLC on Friday announced two weapons deals that in the long term could be ... Read More
Missouri students make significant gains in reading test scores
- March 25, 2010
Missouri is one of nine states in which eighth-grade students made significant gains in reading scores between 2007 and 2009, state education officials announced. According to results of the National Assessment ... Read More
Perrigo to buy formula maker for $808M
- March 23, 2010
Perrigo Co., the largest U.S. maker of store-brand over-the-counter drugs, said Tuesday it is buying infant formula maker PBM Holdings Inc. for $808 million in cash. PBM, based in Gordonsville, VA., ... Read More
Mitsubishi to rev up electric car output
- March 23, 2010
Mitsubishi Motors Corp. said Tuesday it aims to more than triple annual production of its electric car — the i-MiEV — over the next three years, anticipating robust global demand for ... Read More
Triumph to buy Vought Aircraft in $984M deal
- March 23, 2010
Triumph Group Inc. agreed to acquire Vought Aircraft Industries Inc. from Carlyle Group for $984 million, a deal which will give the private-equity giant nearly one-third of Triumph. The Wayne, Pa., ... Read More
Intersil to buy Techwell for $418 million
- March 23, 2010
Intersil Corp. agreed to acquire Techwell Inc. for about $418 million, as the semiconductor company looks to boost its industrial business, which will become its largest market. The company will pay ... Read More
Chrysler announces new Fiat 500 electric vehicle
- March 22, 2010
The Chrysler Group announced on March 22 its plans to engineer and produce a pure electric vehicle using the Fiat 500 platform, which was shown earlier this year at the 2010 ... Read More