Ameren Missouri seeks 15-percent electric rate hike

The cost for St. Louis-area residents to cool their homes in the summer, wash clothes and charge cell phones has risen four of the past […]

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SKorea’s parliament ratifies US trade deal

South Korea’s parliament ratified a long-stalled free trade deal with the United States on Tuesday after ruling party lawmakers forced a vote amid shouts and […]

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Theodore Forstmann, big in 80s takeover wave, dies

Theodore J. Forstmann, a longtime Wall Street financier who was a major player during the wave of corporate takeovers in the 1980s, including the battle […]

Mongolia wants bigger stake in gold, copper mine

Mongolia’s government is demanding a bigger stake in the massive gold and copper mine it is developing in conjunction with mining companies Rio Tinto and […]

Young investors shouldn’t avoid stock market, its opportunities

You can learn a lot from your parents, but when it comes to investing, you may want to be skeptical about mimicking them.
A recent survey […]

Somali pirates free tanker after 10 months

The Greek managers of a cargo ship captured by Somali pirates in the Indian Ocean nearly ten months ago say the vessel and its crew […]

Transocean to buy Aker Drilling for $1.43B

Offshore rig contractor Transocean Ltd. says it will buy Aker Drilling for $1.43 billion to strengthen its position in Norway.
Transocean said Monday that it will […]

Gas prices continue to fuel U.S. car sales

Gas prices hit a sweet spot for automakers last month. They fell far enough to spur pickup sales, yet remained so high that small cars […]

Morgan charged with fraud tied to failed N. County casino

Federal prosecutors on Thursday charged Doug Morgan, former chairman of the St. Louis County Planning Commission, with wire fraud in connection with a failed bid […]

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