Business News

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

Nixon signs the Missouri Manufacturing Jobs Act, Ford Incentives in Kansas City

Gov. Jay Nixon on Thursday afternoon signed the Missouri Manufacturing Jobs Act in the Kansas City area, which has a Ford Motor Co. assembly plant that could be a key beneficiary ... Read More

Tyco Electronics to buy ADC for $1.25 billion

Tyco Electronics said on Tuesday that it has agreed to buy ADC Telecommunications, a broadband equipment maker, for about $1.25 billion in cash, the latest in a spate of deals over ... Read More

Boeing unveils unmanned Phantom Eye demonstrator

The Boeing Company today unveiled the hydrogen-powered Phantom Eye unmanned airborne system, a demonstrator that will stay aloft at 65,000 feet for up to four days. “Phantom Eye is the first ... Read More