Business News

Washington University gets $18M for nanotechnology

Washington University School of Medicine in St. Louis said Wednesday it and four other partner schools snagged $18 million from the National Heart, Lung and Blood Institute to research therapies and ... Read More

LaBarge wins $1M helicopter contract

LaBarge Inc. said Wednesday it won a $1 million contract from Lord Corp. to produce electronic assemblies for military and civilian helicopters. More ... Read More

Peugeot, Mitsubishi Team Up on Electric Vehicle Project

The carmakers said they will begin technical development of electric versions of the Peugeot Partner combi-van and the Citroen Berlingo, with the aim of beginning production by the end of 2012. ... Read More

Healthier Auto Sector Means Increased Demand for Sensors

Market for sensors expected to grow 14% annually through 2014, according to report. More ... Read More

Southwest to Buy AirTran for $1.37 Billion

Southwest Airlines, the biggest discount airline in the United States, on Monday said it had agreed to acquire AirTran Airways for $1.37 billion in cash and stock More ... Read More

Unilever to buy Alberto Culver for $3.7 billion

Consumer products maker Unilever N.V. said Monday it has agreed to buy Melrose Park-based Alberto Culver Co., which makes beauty products such as TRESemme, VO5 and Noxzema, for $3.7 billion in ... Read More

St. Louis lands $1M for life science start-ups

St. Louis has been awarded a $1 million two-year federal grant— one of six grants handed out nationwide — for life science start-ups. The grant winner is a regional collaboration, brought ... Read More

Valent Aerostructures breaks ground on $15M Washington plant

Valent Aerostructures broke ground Monday on a $15 million to $20 million plant in Washington, Mo., that will add 100 jobs and retain 120 existing ones. The state of Missouri awarded ... Read More

Overland Park insurance company will move to Kansas City

Overland Park-based insurance company Alternative Risk Services LLC is heading across the state line. ARS will move about 50 employees to a 13,000-square-foot office at 10525 N.W. Ambassador Drive in December. ... Read More

Safran to Expand U.S. Presence

French conglomerate Safran said it is expanding its presence in the U.S. with plans to buy L-1 Identity Solutions for a cash amount of $1.09 billion. More ... Read More