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The split is mutual: Tiger Woods will no longer endorse GM

After nine years, GM is ready to free up money, and Tiger Woods wants to spend more time with the family.

Washington busy spending lots and lots of money

Even with Obama's newly announced stimulus plan, the national debt will continue to rise in the next year.

Regulators consider bailout for Citigroup

The Treasury Department and the Federal Reserve have discussed over the weekend about devising a strategy to stabilize Citigroup, according to people familiar with the talks.

Gasoline prices fall to lowest level in more than 3 years

The average price dropped below two bucks a gallon nationwide.

Scarcity of ethanol stations plagues federal alternative-fuel fleet

Despite billions of dollars invested in it, the federal initiative to move away from fossil fuels has encountered its greatest problems in the lack of alternative fuel stations where they have placed fleets, a Washington Post analysis finds.

Investor fears remain deep despite one-day rally

"You can almost hear people yelling, 'Get me out at any price,'" said Al Goodman, chief market strategist at Wachovia Securities. "It’s the highest level of fear and depression in my 45 years as a student of the market."

Betty James, who co-founded Slinky company, dies at 90

Her company made the Slinky toy, which has sold hundreds of millions worldwide and for which James was inducted into the Toy Industry Hall of Fame.

Industry leaders question Obama's commitment to clean-coal technology

Leaders in the U.S. coal industry say they've received mixed messages about President-elect Barack Obama's support for coal-fired power.

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 Mamma.com's stock. When Cuban allegedly received confidential information that indicated Momma.com'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.

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