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State board gives green light for Zoltek incentives

May 17, 2012

A state board gave a green light Tuesday to $1.55 million in bonds to help finance Zoltek’s new plant in St. Peters.
The Missouri Development Finance Board gave preliminary approval to the bonds, part of $15.5 million that the carbon-fiber-maker is cobbling together to buy and renovate a 130,000 square-foot building on Geunther Blvd. Other incentives […]

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real estate, uk - Comments closed

Longtime St. Louis Business Journal reporter dies

May 15, 2012

ST. LOUIS • Funeral services are pending for Rick Desloge, who spent nearly three decades as a journalist with the St. Louis Business Journal.
The Business Journal says Desloge died Monday, about a year after he was diagnosed with pancreatic cancer. He was 63.
Desloge began at the Business Journal in 1984 and continued working until recently. […]

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economics, uk - Comments closed

JPMorgan Chase loses $2 billion because of

May 12, 2012

LONDON

legal, money - Comments closed

MEMC shares tumble 25 percent on weak earnings

May 11, 2012

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 […]

finance, uk - Comments closed

South Korea

May 1, 2012

South Korea

finance, management - Comments closed

China law confab canceled amid sensitive period

April 29, 2012

Organizers say Beijing has forced the cancellation of a conference on legal protection for private industry amid heightened sensitivity over the country’s biggest political scandal in years.
A leading Beijing lawyer said legal authorities in the capital called him Saturday to demand it be called off. The conference had been scheduled for Saturday and Sunday in […]

Uncategorized, economics - Comments closed

Geithner Says Europe Must Be Creative, Aggressive in Crisis - Bloomberg

April 23, 2012

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

management, technology - Comments closed

New product ‘unconference’ to launch Saturday

April 21, 2012

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 […]

Uncategorized, online - Comments closed

Warren Buffett diagnosed with prostate cancer

April 19, 2012

Iconic investor Warren Buffett announced Tuesday that he has been diagnosed with stage I prostate cancer in a letter to shareholders of his firm Berkshire Hathaway.
Buffett, 81, said his "condition is not remotely life-threatening or even debilitating in any meaningful way," and that additional tests didn’t reveal incidence of cancer anywhere else in […]

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Hedge Funds Cut Commodity Bets on Fed

April 9, 2012

Hedge funds reduced bullish bets on commodities for a second consecutive week as the Federal Reserve signaled it may refrain from more monetary stimulus, increasing concern that growth will slow and curb demand for raw materials.
Money managers lowered net-long positions across 18 U.S. futures and options by 2.8 percent to 1.1 million contracts in […]

banks, term - Comments closed