Business and Finance news

Dubbed the "no vacation nation," the United States lags behind most other developed countries when it comes to vacation days. But Americans don’t seem to mind.
Most workers don’t use all their vacation days in the first place.

About 57% of working Americans had unused vacation time at the end of 2011, and most of them […]

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A fire caused by explosions in one of the world’s largest petrochemical industrial estates have killed 12 and injured more than 100 people in eastern Thailand.
The Saturday blaze forced an evacuation of workers and more than 1,000 residents near the Map Ta Phut industrial estate, Thailand’s largest industrial park, in Rayong province, 180 kilometers (110 […]

U.S. Treasury Secretary Timothy F. Geithner said the global economic recovery is fragile and Europe

On Saturday, at the University of Missouri-St. Louis, Marc Bowers is throwing an ideas conference for the rest of us.
It’s the first-ever ProductCamp St. Louis, a daylong “unconference” designed to help share ideas and insights among, as Bowers puts it, “people who are in mundane, old-school industries,” like manufacturing, consumer goods and telecommunications.
Unlike many entrepreneurship […]

Asian stock markets sank Monday as Europe’s debt crisis threatened to intensify again while growth in China slowed.
Japan’s Nikkei slid 1.4 percent to 9,505.27, bruised by a higher yen and an announcement Thursday by electronics and video gaming giant Sony Corp. that it would slash 10,000 jobs.
South Korea’s Kospi was 0.9 percent lower at 1,991.56 […]

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

ST. LOUIS • Four days after pleading guilty to state fraud charges, US Fidelis co-founder Darain Atkinson appeared Monday in U.S. District Court in St. Louis to admit he also broke federal laws in cheating customers and failing to declare or pay taxes on $13 million received from the company in just one year.
In a […]

A prominent Iranian lawmaker says Iran has the knowledge and scientific capability to produce nuclear weapons but will never do so.
Gholamreza Mesbahi Moghadam says Iran can easily produce the highly enriched uranium that is used to build atomic bombs but it is not Tehran’s policy to go that route.
Moghadam made the comment in an interview […]

 The Federal Trade Commission announced early this morning that it has decided that Express Scripts Inc.’s $29 billion acquisition of rival Medco Health Solutions did not violate antitrust laws and will allow the deal to go through.
The decision will north St. Louis County-based Express Scripts to become the country’s large pharmacy benefit manager, which has […]