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Corning profit soars on TV glass demand

Corning Inc. said Tuesday its profit almost tripled in the fourth quarter on surging sales of glass for flat-screen televisions and computers. The world’s largest maker of liquid-crystal-display glass, accounting for ... Read More

Akermin raises $10M

Akermin Inc. said Tuesday it raised $10 million in its Series B financing round and will use the new funds to develop and bring to market its carbon-capture system for power ... Read More

Medtronic to buy stent maker Invatec

Medtronic said Monday that it will pay up to $500 million for Invatec, a company that makes medical devices to treat cardiovascular disease, The Associated Press reports. The medical technology company ... Read More

Union membership in Missouri decreased in 2009

Missouri’s union membership dropped from 11.2% in 2008 to 9.4% in 2009. Overall union membership in the United States was 12.3% in 2009, virtually unchanged from 12.4% in 2008. [Bureau of ... Read More

Making the best of life after Ford

For nearly 60 years, the Ford Motor Co. plant in Hazelwood, Mo., stood as a symbol of the St. Louis area’s strength in auto manufacturing. Today, the shuttered plant is a ... Read More

Washington U., St. Jude team on $65M pediatric cancer genome project

Washington University School of Medicine in St. Louis and St. Jude Children’s Hospital in Memphis are teaming up to sequence the genomes of 600 children with pediatric cancer in the hope ... Read More

Drug to aid MS patients wins approval

The Food and Drug Administration Friday approved a new drug from Acorda Therapeutics Inc. to improve walking in patients with multiple sclerosis. The Food and Drug Administration Friday approved a new ... Read More

LMI wins Mitsubishi jet deal

LMI Aerospace Inc. said Monday it won a long-term agreement with Mitsubishi Aircraft Corp. to design and build the tailcone section of the new Mitsubishi Regional Jet (MRJ) set to go ... Read More

GM, VW best positioned in emerging markets, study says

General Motors Co. and Volkswagen AG are best positioned in the largest and fastest-growing emerging markets at a time when auto sales in those countries could grow more than 40 percent ... Read More

Kerasotes sells theaters to Kansas City’s AMC

Kerasotes ShowPlace Theatres LLC announced Tuesday that it has agreed to sell all but three of its movie houses to AMC Entertainment Inc. of Kansas City. Providence Equity Partners, which became ... Read More