Business News

IBM touts smarter buildings push

Big Blue announced Monday that it will team up with partners and customers to venture into the next phase of its Smarter Planet initiative: Smarter Buildings. The goal is to help ... Read More

Boeing lays off about 100 in St. Louis

Boeing Co. said on Friday that it sent layoff notices to more than 1,000 people, including nearly 100 in the St. Louis. Most of the layoffs were technology workers in Washington ... Read More

FDA approves Boehringer Ingelheim Corporation’s Mirapex for the treatment of Parkinson’s disease

Boehringer Ingelheim Pharmaceuticals, Inc., today announced that the U.S. Food and Drug Administration has approved Mirapex ER® extended-release tablets, a new once-daily treatment option for the signs and symptoms of early ... Read More

Novartis gets US approval for Meningitis vaccine

Swiss drugmaker Novartis AG said Monday that its meningitis vaccine Menveo has been approved for use in teenagers and adults by the U.S. Food and Drug Administration. Menveo is a vaccine ... Read More

Iron Mountain buys Mimosa Systems

Iron Mountain said Monday that it is picking up Mimosa Systems in a deal worth $112 million. Mimosa specializes in enterprise content archiving systems. Iron Mountain focuses on data archiving, e-discovery ... Read More

American Railcar in high-speed venture

Billionaire investor Carl Icahn is backing a startup company that would build trains to run on President Barack Obama’s high-speed rail network, challenging international manufacturers that dominate the market, the company ... Read More

Peabody signs coal-to-gas agreement

Peabody Energy Corp. said today that it has signed an agreement with Cambridge, Mass.-based GreatPoint Energy to develop plants that would convert coal to synthetic gas and hydrogen. The number of ... Read More

Viasystems buys Merix

Viasystems Group Inc. says it has completed its purchase of Merix Corp. in a deal that gives St. Louis one more publicly-traded company. Viasystems, based in Clayton, was privately held. Beaverton, ... Read More

KCI ranks first, STL tenth for customer satisfaction

J.D. Power and Associates rated KCI as the top medium-sized airport in its 2010 North America Satisfaction Study, released Thursday. Lambert-St. Louis International ranked as the 10th best medium-sized airport. J.D. ... Read More

Small reactor powers nuclear industry

A new type of nuclear reactor—smaller than a rail car and one tenth the cost of a big plant—is emerging as a contender to reshape the nation’s resurgent nuclear power industry. ... Read More