Business News

Kansas City Power & Light, St. Joseph power plant will turn methane into energy

Kansas City Power & Light is teaming up with the city of St. Joseph to create a power plant that converts methane leaking from the city’s landfill into energy. The utility ... Read More

Washington University gets $14M in stimulus for genomic data center

Washington University School of Medicine in St. Louis has received a $14.3 million grant through the American Recovery and Reinvestment Act to expand its data center for genomics. The project is ... Read More

IBM, Stanford develop new plastic recycling method

Because of limitations in recycling technology, a common type of plastic used in water bottles and food containers weakens so much when it’s recycled that it can’t be used again for ... Read More

Merck, Sanofi merge animal medicine units

Two of the world’s biggest pharmaceutical companies said Tuesday they are uniting their animal health businesses in a deal to become the top dog in the veterinary industry. Merck & Co. ... Read More

3M to buy Canadian aerospace products company

Manufacturing conglomerate 3M Co. said Monday it has agreed to acquire MTI PolyFab Inc., a Canadian manufacturer of noise and vibration reduction technology for airplanes. MTI said the acquisition price is ... Read More

St. Louis area firm opts for insourcing

Reversing a trend that has resulted in the loss of thousands of local jobs, a St. Louis-area apparel manufacturer has opted against out-sourcing and folded the bulk of information technology operations ... Read More

Boeing develops Phantom Eye surveillance aircraft

Boeing is working to broaden the offerings of its Unmanned Airborne Systems division through development of a surveillance aircraft — powered by a hydrogen-fueled Ford compact truck engine — that will ... Read More

Essar to buy Trinity Coal

India’s Essar Group Ltd. will acquire U.S. coal producer Trinity Coal for $600 million, giving the global steelmaker direct access to a key raw material that’s seen a recovery in demand. ... Read More

AIG sells Alico unit to MetLife for $15.5 billion

American International Group will sell a second overseas life and health insurance unit for $15.5 billion to MetLife Inc. in an ongoing bid to repay billions in government aid. It was ... Read More

FPL experiments with solar thermal at gas-fired power plant

In former swamplands teeming with otters and wild hogs, one of the nation’s biggest utilities is running an experiment in the future of renewable power. Harvesting the SunAcross 500 acres north ... Read More