Monthly Archives: January 2010

Making the best of life after Ford

For nearly 60 years, the Ford Motor Co. plant in Hazelwood, Mo., stood as a symbol of the St. Louis area’s strength in auto manufacturing. Today, the shuttered plant is a ... Read More

LMI wins Mitsubishi jet deal

LMI Aerospace Inc. said Monday it won a long-term agreement with Mitsubishi Aircraft Corp. to design and build the tailcone section of the new Mitsubishi Regional Jet (MRJ) set to go ... Read More

Kraft Foods, Cadbury agree to $19.5 billion deal

After months of fierce resistance, Cadbury’s about-face to accept a sweetened 11.5 billion pound ($19.5 billion) takeover from Kraft Foods Inc. – forming the world’s biggest candy company – has alarmed ... Read More

Kerasotes sells theaters to Kansas City’s AMC

Kerasotes ShowPlace Theatres LLC announced Tuesday that it has agreed to sell all but three of its movie houses to AMC Entertainment Inc. of Kansas City. Providence Equity Partners, which became ... Read More

KC lands Jet Midwest at overhaul base

The Kansas City Council on Thursday approved the Kansas City, Kan., aircraft company’s plan to move into Kansas City International Airport’s overhaul base on March 1. The long-term leases for Jet ... Read More

Kansas City-St. Louis high-speed rail effort gets $31M

The Obama administration on Thursday said it will provide $31 million to help build high-speed passenger-rail service between Kansas City and St. Louis. The award is part of $8 billion in ... Read More

IBM profit up 9%; revenue rises

IBM Corp. said Tuesday that it managed a 9% increase in profit in the last quarter as its revenue grew for the first time in a year and a half. The ... Read More

GM, VW best positioned in emerging markets, study says

General Motors Co. and Volkswagen AG are best positioned in the largest and fastest-growing emerging markets at a time when auto sales in those countries could grow more than 40 percent ... Read More

GM to invest $246 million in electric motors

General Motors announced plans on January 26 to design and manufacture electric motors, saying the first were scheduled to debut in 2013 in a next generation, rear wheel drive hybrid vehicle. ... Read More

Germany proposes 15% cut in solar subsides

The German government is proposing a cut of 15% on the subsidies it gives solar-power providers, Environment Minister Norbert Roettgen said Wednesday, reflecting what the government deems the sector’s success, but ... Read More