Business News

Obama to propose incentives for bringing jobs to US

President Barack Obama said Wednesday he would propose tax incentives for companies bringing manufacturing jobs that had been moved overseas back to the U.S. and clip tax breaks for those taking ... Read More

Auto Show Blends Politics and Pragmatism

As the automotive industry rebounds, this year’s Detroit auto show features more dazzle, more optimism and more politicians winding their way through the exhibits. The show is more than just a ... Read More

Biovest touted for cancer vaccine

A vaccine being developed by Dr. Frank O’Donnell’s latest venture has been listed among the medical breakthroughs to watch in 2012. Among the top five medical advances highlighted in a report ... Read More

Missouri IT Industry Turns Economic Downturn on its Head

It may be surprtsing to learn that Missouri, often considered fl-y-over country,is in fact a booming business destination and an information tedmology (IT) hotspot. Despite the economic downturn, Missouri’s business climate ... Read More

Bristol-Myers to pay $2.5 billion for Inhibitex

Bristol-Myers Squibb has agreed to pay about $2.5 billion in cash to acquire Inhibitex, the New York Times reports. Inhibitex makes a treatment for hepatitis C. The move comes as large ... Read More

Sigma-Aldrich to pay $350 million for BioReliance

Sigma-Aldrich Corp. said this morning it will pay $350 million in cash to buy BioReliance Holdings Inc. from Avista Capital Partners, the St. Louis Business Journal reports. BioReliance is a Rockville, ... Read More

Harbour Group buys ProParts LLC

St. Louis-based Harbour Group Co.’s Auto Meter Products Inc. acquired automotive parts maker ProParts LLC for an undisclosed amount. Baltimore, Md.-based ProParts LLC makes sensors, controllers and instrumentation for race cars. ... Read More

Boeing lands $3.5 billion missile defense contract

The U.S. Defense Department has awarded Boeing Co. a $3.48 billion, seven-year contract to develop, test, engineer and manufacture missile defense systems, the Chicago Tribune reports. Boeing beat out a team ... Read More

Obama Administration confirms $30 billion Boeing F-15 deal

Eighty four F-15 fighter jets, which are built at Boeing’s facility in Hazelwood, are being sold to Saudi Arabia at a cost of $30 billion, according to the Obama administration. The ... Read More

MU researchers to test pain-free tooth fillings

University of Missouri researchers have developed a pain-free way to fill tooth cavities, technology that could be on the market in two years. The so-called “plasma brush” uses chemical reactions to ... Read More