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Business

Tax incentives OK'd for nuclear weapons plant in KC

The Kansas City Star reports on its Web site that a development agency voted unanimously Friday to support replacing the current weapons plant at the Bannister Federal Complex with a 1.4-million-square-foot complex across from the former Richard-Gebaur Memorial Airport.

UPDATE: Anheuser-Busch reportedly near deal with InBev

The Wall Street Journal said InBev has raised its bid to $70 a share — an offer the Anheuser-Busch board is likely to accept this weekend. News of the deal hit hard in St. Louis.

Allstate to settle in disputed claims policy case

The case, which stemmed from an accident on Interstate 70, attracted national attention when the

Monsanto vs. Pilot Grove Coop: protecting patents or bullying farmers?

Monsanto is raising the stakes against so-called seed piracy with an unprecedented lawsuit against Pilot Grove Cooperative Elevator.

Sales tax holiday signed for energy-efficient appliances

The bill signed by Blunt is scheduled to run from April 19 through April 25 each year.

Anheuser-Busch asks stockholders to reject InBev

Anheuser-Busch filed a consent solicitation on Wednesday with the Securities and Exchange Commission that outlines why shareholders should turn down InBev’s proposal to fire all of the St. Louis brewer's board of directors and replace them with a slate chosen by InBev.

Pentagon to rebid $35 billion tanker project

The opportunity to have a second chance to win the contract would be welcome news to thousands of Boeing workers in Missouri, Kansas and Washington state.

H&R Block gave ousted CEO compensation valued at $5.2 million in '07

It was a 70 percent increase over 2006.

Kroger expands ground beef recall — but not to Gerbes

The voluntary recall of some ground beef products extended to more than 20 states on Wednesday, and Kroger's urged customers to check the ground beef in their refrigerators.

Anheuser-Busch pushes for lawsuits to be heard in Delaware, not Missouri

Attorneys for Anheuser-Busch argued Wednesday that two shareholder lawsuits in St. Louis should be suspended while a Delaware judge considers nearly a dozen similar lawsuits related to the possible takeover by rival brewer InBev.

Starbucks closing 600 stores nationwide, but none in Columbia

The number of closures next year is up from 100 previously planned, a sign the coffee shop operator is hurt by the faltering U.S. economy.

InBev pitches buyout bid to Anheuser-Busch shareholders

The Belgian brewer encourged Anheuser-Busch shareholders to challenge the U.S. beer company's rejection of its $65-a-share offer, saying it would give them immediate certainty as stock markets plunge.

Anheuser-Busch to cut health, pension benefits

The benefit cuts for its salaried employees are part of its effort to cut $1 billion in costs and fend off a takeover bid by InBev.

Up/Down Columbia blog to track businesses' movements

We need you, the residents of Boone County, to share with us your experiences with new or closing businesses.

InBev, Anheuser-Busch battle in Washington

Each side is in search of influential allies to help sway public opinion — a factor potentially important in a proxy fight — and enlist the aid of lawmakers, or at least blunt the opposition.

McDonald's on MU's Lowry Mall to remain open

The lease, which was to expire Monday, will be extended three years. An MU spokesman cited the university's record enrollment for the fall and the temporary closure of the Brady Food Court as reasons for the extension.

Barley growers have stake in battle for Anheuser-Busch

The prospect of Anheuser-Busch being taken over by a brewing company with roots in Belgium and Brazil has made some Northern Plains barley growers uneasy.

UPDATE: Anheuser-Busch rejects InBev’s offer

Anheuser-Busch chief says plan to boost stock prices doesn’t include InBev.

UPDATE: Anheuser-Busch reportedly will reject InBev's offer

The Wall Street Journal said Anheuser-Busch is expected to argue that InBev's offer undervalues the St. Louis-based brewer. The rejection could set the state for a hostile takeover battle.

Monsanto's profit jumped 42 percent in 3rd quarter

The St. Louis-based company raised its earning projections for the year, but its share price fell after its earnings were released because third-quarter revenue was below expectations.

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