Business News

Express Scripts, Medco complete $29 billion merger

Express Scripts closed on its $29.1 billion acquisition of Medco Health Solutions today, the company announced shortly after 7 a.m. The deal creates the largest pharmacy benefits manager in the U.S., with about $100 billion in annual revenue. First announced in July 2011, the acquisition was approved by shareholders in December but was held up by antitrust concerns. ... Read More

Gov. Nixon and KCP&L cut ribbon on renewable energy project in St. Joseph

Gov. Jay Nixon, St. Joseph city officials and officials with KCP&L today celebrated a ribbon-cutting ceremony marking the completion of a renewable energy project at the City of St. Joseph landfill. ... Read More

Three Missouri Projects Win CiCi Awards from Trade & Industry Development

Trade & Industry Development has announced its 7th Annual CiCi (Corporate Investment & Community Impact) Awards. The 30 recipients of the 2012 CiCi Awards helped create 26,605 new jobs, retain 7,902 ... Read More

Hallmark Cards shutters plant, moves work to Kansas City

Hallmark Cards Inc. plans to close a subsidiary in Indiana and move work on the greeting card brand to Kansas City, The Kansas City Star reports. Hallmark acquired Sunrise Greetings in ... Read More

Zoltek forms partnership to develop lightweight auto parts

Zoltek Cos. is working with Magna Exteriors and Interiors, an operating unit of Magna International Inc., to develop low-cost carbon fiber sheet molding compounds for the automotive industry. Magna, based in ... Read More

Big Boost to the Solar Panel Industry Promised by Thin Wafer Technology

Twin Creeks Technologies and Silicon Genesis’ thin wafering systems promise to return solar to its place in the alternative energy race. more ... Read More

Pentair to acquire Tyco Flow division for $4.43 billion

Schaffhausen, Switzerland-based Tyco International Ltd. has agreed to spin off its Tyco Flow division to Minneapolis-based Pentair for $4.53 billion, Bloomberg reports. Tyco, which creates valves and other flow-control instruments, said ... Read More

St. Louis ranks 7th in low cost of doing business

St. Louis ranked seventh among 27 U.S. cities in a study of the least-costly locations to do business in the United States. KPMG LLP, an audit, tax and advisory firm, completed ... Read More

MU hydrogen car to compete in Eco-marathon

University of Missouri engineering students have a lot of faith in their third made-from-scratch hydrogen-powered street car. The hydrogen vehicle team expects Tigergen III to reach the equivalent of 500 miles ... Read More

Covidien to buy Israeli device maker for $300 million

Covidien to buy Israeli device maker for $300 million more ... Read More