Eastman Chemical to buy Solutia for $3.4 billion

Updated at 12:15 p.m. with comments from Solutia’s chairman, president and CEO Jeffry Quinn.
Specialty chemical company Eastman Chemical Co. is buying Town and Country-based Solutia […]

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Skechers Super Bowl ad swaps Kardashian for… a dog

Skechers, the athletic shoe company, has unveiled the star of its upcoming Super Bowl commercial — and it’s not Kim Kardashian.
It’s a little dog […]

China auto sales slow in 2010; market still No. 1

Vehicle sales in China rose a scant 2.5 percent in 2011 as higher prices and traffic controls kept buyers out of showrooms, but the market […]

Mortgage troubles creep upward in St. Louis

Mortgage delinquencies and foreclosures continued to creep upward in St. Louis in October, according to new data from CoreLogic.
The real estate analysis firm reported that […]

REITs prove to be surprisingly reliable

It may seem surprising that some forms of real estate have been among the most reliable of investments.
Real estate investment trusts, known as REITs, invest […]

FedEx

Despite much talk about a gloomy economy, the packages are flying at FedEx.
Today is projected to be the busiest day, in which 17 million packages […]

Italian PM briefs politicians on austerity plan

Premier Mario Monti briefed political leaders Saturday on his package of austerity and economic growth measures ahead of a critical week of Italian and European […]

Judge considers $410M settlement in BofA lawsuit

A federal judge was asked Tuesday to give final approval to a $410 million settlement in a class-action lawsuit affecting more than 13 million Bank […]

Flood-wary Bangkok is contrast of misery, normalcy

On one side of Bangkok, you’ll find the victims of Thailand’s worst flooding in half a century. They float down trash-strewn waterways, paddling washtubs with […]

Clayton house prices on rebound

In a scene reminiscent of the housing bubble, the owner of a recently sold $740,000 home in Clayton had the luxury of multiple offers over […]