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St Louis, Missouri is home to many national and world business headquarters of private as well as public traded companies that employee thousands of peoples and has billions of dollars entrusted to them by the public.  We will publish articles/news stories about St. Louis area businesses.

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NEW YORK | US stocks rebound as tech and household goods companies rise

NEW YORK — U.S. stocks rallied Tuesday as retailers, technology and household goods companies all made solid gains and helped the market shake off a weak start.  Netflix slumped after investors were disappointed with the streaming video company’s subscriber growth. Stocks skidded at the start of trading as investors sold some of their recent favorites including … Continue reading NEW YORK | US stocks rebound as tech and household goods companies rise

OMAHA, Nebraska | CSX 2Q profit jumps as railroad keeps cutting expense

OMAHA, Neb. — CSX Corp. delivered a 72 percent jump in its second-quarter profit as the railroad continues to cut its expenses and improve operations. The Jacksonville, Florida-based company said Tuesday that it earned $877 million, or $1.01 per share in the quarter. That’s up significantly from last year’s $510 million, or 55 cents per … Continue reading OMAHA, Nebraska | CSX 2Q profit jumps as railroad keeps cutting expense

ATLANTIC CITY, New Jersey | Ocean Resort Casino joins New Jersey internet betting market

ATLANTIC CITY, N.J.  — New Jersey’s thriving internet gambling market continues to grow. The Ocean Resort casino was cleared for full internet gambling operations on Sunday. The state Division of Gaming Enforcement completed testing and evaluating its systems and approved it to offer online gambling. New Jersey’s 27th legal internet gambling site. It comes nearly … Continue reading ATLANTIC CITY, New Jersey | Ocean Resort Casino joins New Jersey internet betting market

SAN FRANCISCO | Why is Facebook keen on robots? It’s just the future of AI

SAN FRANCISCO — Facebook announced several new hires of top academics in the field of artificial intelligence Tuesday, among them a roboticist known for her work at Disney making animated figures move in more human-like ways. The hires raise a big question — why is Facebook interested in robots, anyway? It’s not as though the … Continue reading SAN FRANCISCO | Why is Facebook keen on robots? It’s just the future of AI

WASHINGTON | Govt lifts donor disclosure for some tax-exempt groups

WASHINGTON — The Trump administration is lifting requirements for some tax-exempt groups to disclose the identities of their donors to federal tax authorities. The change benefits groups that spend millions of dollars on political ads, such as the U.S. Chamber of Commerce and an organization tied to the billionaire Koch brothers. Republicans accused the IRS … Continue reading WASHINGTON | Govt lifts donor disclosure for some tax-exempt groups

WASHINGTON | The Latest: US needs higher productivity to boost wages

WASHINGTON  — The Latest on Federal Reserve Chairman Jerome Powell’s semi-annual testimony to Congress on Tuesday (all times local): ___ 11:40 a.m. Powell faced a number of questions about a tit-for-tat trade war with penalty tariffs imposed by the United States on its trading partners and those countries retaliating with tariffs on U.S. goods. Sen. … Continue reading WASHINGTON | The Latest: US needs higher productivity to boost wages

WASHINGTON | Lawmakers warn Trump tariffs threaten local newspapers

WASHINGTON  — Members of Congress are warning that newspapers in their home states are in danger of cutting coverage or going out of business if the United States maintains recently imposed tariffs on Canadian newsprint. The Trump administration ordered the tariffs in response to a complaint from a paper producer in Washington state. It argues … Continue reading WASHINGTON | Lawmakers warn Trump tariffs threaten local newspapers

WASHINGTON | NAACP lifting travel advisory against American Airlines

WASHINGTON — The NAACP is lifting its travel advisory against American Airlines, saying improvements are being made to address worries about African-Americans being subject to discrimination or unsafe conditions while flying. NAACP President Derrick Johnson made the announcement at the NAACP’s national convention in San Antonio, Texas. The advisory was issued in October, after incidents … Continue reading WASHINGTON | NAACP lifting travel advisory against American Airlines