Business News

Sanofi-Aventis said to plan $20 billion U.S. deal

In a deal that would no doubt bring a smile to the faces of some investment bankers, Sanofi-Aventis is reportedly preparing for an American acquisition that could be worth $20 billion. ... Read More

Britain’s Chloride seals deal with Emerson

Chloride Group, the British power supply company, said Friday that it has accepted an improved takeover bid from the American competitor, Emerson Electric, that values it at £997 million ($1.5 billion). ... Read More

Dell agrees to buy data center software maker

Dell said Thursday that it had agreed to acquire Scalent, a privately held maker of data center software, for an undisclosed amount. Dell expects the deal to close in the current ... Read More

IBM, University of Missouri push Kansas City-region genomics research

IBM and the University of Missouri plan to cast a “cloud” over Kansas, Missouri and the Midwest in an effort to bolster the Kansas City region’s life sciences industry. The two ... Read More

MU noted for energy efficiency

The University of Missouri has been recognized by the U.S Environmental Protection Agency for using a variety of alternative energy sources to power its campus. MU was one of three universities ... Read More

Gov. Nixon announces creation of 300 new high-tech jobs in St. Louis

Unisys to locate new application modernization center to provide Information Technology services to federal agencies and other clients. Gov. Jay Nixon today took part in the official announcement that worldwide information ... Read More

Boeing gets $1.5B air force contract

Boeing Co. has received a $1.53 billion U.S. Air Force contract for eight C-17 transport planes, the Pentagon said on Tuesday in a daily list of contract awards. It said $734 ... Read More

Hospira’s generic antibiotic gets FDA green light

Hospira Inc. said Tuesday the Food and Drug Administration has approved its generic version of AstraZeneca’s antibiotic Merrem. The FDA cleared Hospira’s version of intravenous meropenem in 500-milligram and 1-gram vials. ... Read More

Ford taps Toshiba to make motors for hybrid

Toshiba said on June 23 it will build electric motors for a new Ford hybrid vehicles at its plant in the United States. The company, already building motors for bullet trains, ... Read More

Regulus, Sanofi-Aventis form $750M partnership

Biotech drugmaker Regulus Therapeutics Inc. said Tuesday it will team up with Sanofi-Aventis SA, one of the world’s largest drug companies, in a drug development deal that could be worth more ... Read More