Business and Finance news

Shares of MEMC Electronic Materials Inc. tumbled 25 percent so far today after the O’Fallon, Mo.-based company posted a huge loss due to dropping sales.
After markets closed on Wednesday, MEMC reported reported a $92 million net loss for the first quarter on continued erosion of demand and pricing in semiconductor and solar industries.
As of 1:35 […]

Quote and apply online or speak with an agent in your area. Compare health insurance plans for individuals and families.

Say-on-pay votes are usually routine, but when they’re not they bring a potential for controversy and embarrassment that most executives are facing for the first time.
Just ask the folks at Aegion. The pipe repair company, based in Chesterfield, got 99 percent shareholder approval for its pay practices last year. This year, ISS, a leading governance […]

For no fax payday loans and payday advance loans, apply today and maximize your payday cash!

South Korea

Spanish and German government bonds are signaling the respite in the euro-region

The city of O’Fallon, Mo., hired Michael Hurlbert as its new economic development director.
Hurlbert is joining O’Fallon from the planning, architecture and design firm of Peckham, Guyton, Albers & Viets Inc., where he was senior project manager since September 2008.
Previously, he was the city planner and economic development administrator for Creve Coeur from 2004 to […]

Troubled Chinese timberland company Sino-Forest Corp. is filing for bankruptcy protection and putting itself up for sale.
Sino Forest says if it doesn

O’Fallon, Mo. • This time last year, O’Fallon Brewery was fading out of sight.
After growing for most of a decade, St. Louis’ second-largest craft brewer hit a wall. Its co-founders ran out of cash. Beer-making ground to a halt. Six-packs on store shelves dwindled.
But now O’Fallon is on pace to sell more in 2012 than […]

Claims for jobless benefits dropped last week to match a four-year low, and U.S. consumer confidence rose to the highest since 2008, signaling an improving labor market may boost household spending.
Applications for unemployment insurance payments fell by 14,000 to 351,000 in the period ended March 10, Labor Department figures showed today. The Bloomberg Consumer […]

Premier Wen Jiabao warned Wednesday that ruinous turmoil that engulfed China in the past could re-emerge unless the country tackles political reforms, and he rebuked a populist fellow leader over a scandal that brought infighting among officials into public view.
In a three-hour news conference, his sole such event of the year, Wen renewed a call […]

Fourteeen years after NBC News featured MidAmerica Airport in a “Fleecing of America” report, officials in St. Clair County are still trying to make their aviation investment pay off.
And for the first time, the Mascoutah airport appears to have interest from a private group that’s willing to make a big investment without further public funding.
Skeptics […]