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UPDATE: Supreme Court to let Chrysler sale go on

And earlier in the day, a bankruptcy judge approved Chysler's plan to terminate 789 dealer franchises.

School board comes out against tax-increment financing

Representatives from the Board of Education plan to vote against the two plans before the Tax Increment Financing Committee at Tuesday's meeting.

UPDATE: Farmers protest livestock ID system in Jefferson City

The agriculture department's town hall meeting brought hundreds of farmers objecting to a National Animal Identification System that registers animals and farms.

U.S. House to consider 'cash for clunkers' plan Tuesday

The House proposal, which is set for a floor vote on Tuesday, is aimed at stimulating car sales, improving the environment and encouraging consumers to purchase more fuel-efficient vehicles. Alternative bills with similar parameters have been proposed in the Senate.

Boston Globe union votes against pay, benefit cuts

In a statement released after the vote, representatives for the Globe said they were disappointed with the outcome and had no "financially viable alternative" but to declare an impasse and impose the deeper wage cut to achieve the necessary savings.

High court delays Chrysler sale to Fiat

Supreme Court Justice Ruth Bader Ginsburg issued an order to delay the sale, which Fiat might back out of if the sale is not completed by June 15.

GM to cut Wentzville production in early August

The General Motors Corp. plant in Wentzville, Mo., will go from two shifts to one shift in early August. About 900 workers will be laid off.

Apple drops price of least expensive iPhone to $99

Two new iPhones will be available on June 19. Apple hopes the newer models will sell even though they will be more expensive than the original model, which is dropping to $99.

Chrysler dealers scramble to unload vehicles

Dealers terminated by Chrysler have been busy clearing their lots. Some are in court arguing that dropping them won't save the company much money.

Ailing health insurers press for individual coverage

With high premiums and the economic downturn pushing customers away, and with many of the nation's baby boomers preparing to switch over to Medicare, the U.S. health insurance industry is looking for new ways to stay profitable.

Columbia's economic development aims at growing existing businesses

City Manager Bill Watkins' presentation on economic development stressed the need for coordination to avoid missing opportunities to attract new jobs.

Water and Light rebate plan could save utility costs

The city offers rebate programs for those who wish to make their building more energy-efficient. Water and Light will add nearly $1 million toward general improvements and increased incentives on top of its $1.4 million already in use.

Some workers work harder with layoffs looming

The increased possibility of being laid off has caused some workers to secure their jobs by taking on more duties and longer hours.

Boone County Commission unanimously approves Route Z rezoning

The classification of the area was changed from agricultural to light industrial in the hopes of attracting businesses to the region. While local business leaders, such as the Columbia Area Jobs Foundation, supported the measure, area residents expressed concern over the change for a variety of reasons.

ANALYSIS: Obama eager to relinquish control after GM recovers

Although President Barack Obama declares he has no interest in running GM, letting go of the reins may prove difficult.

House GOP opposing new line of credit for IMF; bill includes Boeing cargo planes

House Republicans are set to oppose a $98.8 billion war-funding bill that includes money for eight cargo planes, a top priority of the Boeing Co.

GM files for bankruptcy, causes local economy concern

Columbia customers and car dealers ponder the economic consequences of GM's recent file for bankruptcy, the fourth-largest in U.S. history.

$2 million in loans now available to Missouri small businesses

Owners of Missouri small businesses with five or fewer employees are eligible for between $2,500 and $25,000.

GM plants in Missouri and Kansas evade closure

General Motors declared bankruptcy Monday, but the company will not close plants in Kansas City, Kan., and Wentzville.

Court denies Monsanto injunction on German ban

Last month, the sale and planting of the genetically engineered corn was banned after Agriculture Minister Isle Aigner cited a study that the corn poses an environmental danger.

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