Business News

Pactiv to be acquired in $6-billion deal

Pactiv Corp., which makes packaging products including Hefty trash bags, said Tuesday it has agreed to be acquired in a deal worth about $6 billion. More ... Read More

Dell to Buy Data Storage Company for $1.15 Billion

Dell said Monday that it has agreed to buy 3PAR, a data storage company, for about $1.15 billion in cash, as the computer giant races to expand beyond its core P.C.-making ... Read More

Missouri receives over $80 million for 120 Recovery Act Broadband Projects in Rural Communities

Agriculture Secretary Tom Vilsack announced the funding of 126 new Recovery Act broadband infrastructure projects that will create jobs and provide rural residents in 38 states and Native American tribal areas ... Read More

Missouri home to two of the top metros for export related jobs

U.S. exports support 121,865 jobs in the St. Louis area and more than 77,000 jobs in the Kansas City area, according to a report released last month by the Brookings Institution. ... Read More

Asynchrony sold to Schafer Corp.

St. Louis software developer Asynchrony Solutions Inc. has been sold to Schafer Corp. for an undisclosed sum. More ... Read More

Siemens wins turbine orders in U.S., Canada

Siemens said on August 10 that it has won two orders in the United States and Canada to supply wind turbines that experts said were worth around 800 million euros (US$1.1 ... Read More

Mo. creates new job training program

Unemployed Missourians will be able to get on-the-job training while still receiving their jobless benefits under a new program. Gov. Jay Nixon announced details of the Work Ready Missouri program on ... Read More

Phycal wins $24.2M for algae fuel research

Phycal LLC, which has an algae biotechnology laboratory at the BioResearch and Development Growth Park (BRDG) at the Donald Danforth Plant Science Center, has won a $24.2 million federal research grant. ... Read More

Esco buys aerospace supplier Crissair

Esco Technologies Inc. said Wednesday it acquired Crissair Inc., a maker of hydraulic, fuel and pneumatic system components for the aerospace industry, for an undisclosed sum.Read More… ... Read More

$7.3M in Mo. incentives attract 500 Expedia jobs

The state of Missouri awarded online travel firm Expedia an incentive package worth more than $7.3 million to help cement the Bellevue, Wash.-based company’s planned expansion in Springfield, Mo., and the ... Read More