Business and Finance news

Jeans giant Levi Strauss & Co. launched a new brand of denim today aimed at conquering the fast-growing Asian consumer market.
The new brand - called Denizen - is headquartered in Hong Kong and will be sold in China, South Korea and Singapore. The company plans to open about 50 stores featuring Denizen jeans, tops […]

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This is a weekly roundup of promotions, appointments and employee accomplishments in the Birmingham metro area. For more People on the Move, check out the Birmingham Business Journal’s print edition each week. Send announcements to ccrawford@bizjournals.com.
ACCOUNTING
Kyle Melvin of Pearce Bevill Leesburg Moore PC of Birmingham has completed the Certified Public Accountant examination.
GOVERNMENT
The Alabama Department of […]

MARKET PRICING & RETURN AS OF JUNE 1, 2010
Ranked by market capitalization, the total value of outstanding shares. Market cap in millions
* Viasystems began trading in February.
** Market cap is for both A and B series shares. The $1.30 close is A series, $1 .55 close is for B series.
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Little more than a decade ago, Monsanto Co. began selling the corn seed with a novel gene to help farmers ward off a pest known as the European corn borer.
This year, the Creve Coeur-based agricultural biotech giant expects to sell 4 million acres worth of a new line of corn seed called […]

GateWay Early College High School received an award this week for transitioning students from high school to college.
The high school, a division of GateWay Community College and part of the Maricopa Community Colleges System in Phoenix, was awarded the Pathways to Higher Education Award from the Arizona Commission for Postsecondary Education, USA Funds, University of […]

Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, underscoring that deflation is still a threat, especially with commercial real estate prices falling.
Dallas Fed President Richard Fisher said in an interview with Market News International that the weakening dollar, which hit a 15-month low against major currencies on Monday, is […]

The Japanese government may undermine banks by forcing them to defer debt repayments while easing accounting standards on the loans, the country’s former top financial regulator said.
Shizuka Kamei, Japan’s newly appointed financial services minister, plans to submit legislation next month that would allow ailing small firms to postpone loan repayments for up to […]

German unemployment rose in September, posing a challenge for Chancellor Angela Merkel’s incoming coalition even as signs mount that the worst of the economic crisis is over.
The number of people out of work rose 10,000 on a seasonally adjusted basis, before statistical changes are taken into account, the Nuremberg-based Federal Labor Agency said […]

A revival in India’s monsoon rains is helping ease dry weather that’s caused drought in more than a third of the country, aiding crops in the world’s second-biggest producer of rice, wheat and sugar, a weather official said.
Rainfall this year may be 15-to-20 percent less than the 50-year average, making it the weakest […]

One of the St. Louis region’s highest-profile roof leaks is about to be plugged.
Leaders at Lambert-St. Louis International Airport said the roof covering the three busiest Main Terminal concourses — A, B and C — will be replaced at a cost of about $2 million in the first half of 2010.
"We’ve […]