Saudi royals spending boosts economy near Mayo Clinic

City officials say Saudi Arabian King Abdullah bin Abdulaziz arrived  at the Mayo Clinic in Rochester, Minn., for a checkup and brought five princes and hundreds of others. He left behind lots of money.

From vineyard to table: Researchers try to elevate Missouri's wine industry

The MU Institute for Continental Climate Viticulture and Enology is spearheading research that could spur a Missouri wine renaissance and put the growing industry on the global map.

St. Louis bids farewell to local brewer ownership

St. Louis locals are being gripped by the Anheuser-Busch brewery takeover. The $52 billion Belgium-based InBev buyout of the firm closed Tuesday. 

Big trouble for small casinos, industry head says

Casino companies are all grappling with the rough economy, but smaller operators might be less likely to survive, the American Gaming Association's leader said Tuesday at a conference.

Chicago publisher faces wave of resignations

A handful of top executives at Sun-Times Media leave after major shareholders call for new direction.

InBev takes over Anheuser-Busch for $52 billion

InBev closed its $52 billion takeover deal of Anheuser-Busch Cos. on Tuesday.  The new company will be named Anheuser-Busch InBev, and InBev promises to keep Anheuser-Busch's St. Louis base as the company's North American headquarters. InBev will now be the world's largest brewer.

TiVo adds new option for pizza delivery

TiVo users will now be able to order Domino's Pizza from their TV set and enjoy their meal within about 30 minutes.

SEC charges Mark Cuban with insider trading

In 2004, Cuban owned 6.3 percent of's stock. When Cuban allegedly received confidential information that indicated's stock value would decrease, he sold off his 600,000 shares and avoided a $750,000 loss, according to the suit brought against him by the Securities and Exchange Commission.

Showdown looming in Congress on auto industry rescue

Sen. Kit Bond, R-Mo., is one of two Republicans senators to have publicly supported the Democrat-backed automaker bailout. The Detroit Three are seeking $25 billion from the financial industry bailout for emergency loans.


Congressional backers offer to cut automaker bailout package

Supporters of a $25-billion bailout measure foresee little difficulty winning its passage in the House. But passage in the Senate is iffy. Missouri's Kit Bond is one of the few Republican senators to back the plan.

Dow bounces back 550 points

The market's recent pattern of dramatic price reversals persisted on Thursday, with the Dow Jones Industrial seeing its third-largest single-day stock rally on record, following the 889-point rise on Oct. 28 and the 936-point surge on Oct. 13. The gains ameliorated losses from the beginning of the week, which wiped out about $1 trillion in shareholder value.

Missouri man sentenced to 22 years for fraud

Jason E. Branch of Grandview was also ordered to pay $1.4 million in restitution to the investers he was convicted of defrauding, including a church in Las Vegas.

Anheuser-Busch shareholders approve InBev deal

The deal, expected to be finalized by the end of the year, will make InBev the world's largest brewer.

Stocks plunge on dismal corporate reports, government news

Treasury Secretary Henry Paulson said the government won't buy bank's bad assets on a day of more reports of sales drops and staff cuts.

Paulson says goal of $700 billion rescue program has changed

The package will be used to support financial markets, which supply consumer credit in such areas as credit card debt, auto loans and student loans.

Ruling in harassment case sets precedent

In a sexual harassment lawsuit aginst TNT Logistics of North America, the Missouri Court of Appeals in Kansas City awarded Kendra Lynn $3.75 million in punitive damages from her former employer. The decision overturned an earlier damages ruling by a trial judge.

Anheuser-Busch settles shareholder suits over sale

The settlement is subject to approval, but it comes ahead of Wednesday's vote by shareholders on the $52 billion sale to InBev.

Sprint Nextel lost subscribers, money in 3rd Q

The nation's third-largest wireless provider told analysts it would try harder to win new customers, but it had "yet to turn the corner."

Stocks lose 10 percent in post-election rout

Wall Street plunged for a second day Thursday, triggered by computer gear maker Cisco Systems warning of slumping demand. Major indexes have lost about 10 percent since Barack Obama was elected president and the losses represent the Dow's worst two-day percentage decline since the October 1987 crash.

You're not alone: Warren Buffett lost billions, too

Though there are still plenty of rich folks, they have taken some punishing losses in the stock market.