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National business news stories, world business news, US business news, breaking news, St Louis business news, articles and press releases

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.

We obtain our St. Louis business news stories from the Associated Press, press releases from major press release distributors and our local journalist.  Additionally, we publish national business news, world business news, U.S. business news, breaking news, St Louis business news and distribute press releases for businesses of all sizes.

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Breitbart urges Kellogg’s boycott over pulled ads

LOS ANGELES (AP)(STL.News) — Breitbart is encouraging a boycott of Kellogg’s products after the cereal maker said it would no longer advertise on the news and opinion website, formerly run by President-elect Donald Trump aide Steve Bannon. The Kellogg Company cited company “values” in explaining its decision; a spokeswoman said Thursday it has “nothing to … Continue reading Breitbart urges Kellogg’s boycott over pulled ads

Starbucks: Schultz to step down as CEO, focus on innovation

NEW YORK (AP)(STL.News) — Starbucks Chairman Howard Schultz is stepping down as CEO of the coffee chain he joined more than 30 years ago and transformed into a global brand. Schultz will become executive chairman in April to focus on innovation and social impact activities, the Seattle-based chain announced Thursday. Kevin Johnson, who was named … Continue reading Starbucks: Schultz to step down as CEO, focus on innovation

Oil and banks take Dow to new highs, but tech companies dive

NEW YORK (AP)(STL.News) — Technology companies plunged Thursday, and high-dividend stocks also took hefty losses as bond yields rose to their highest level in more than a year.  But more big gains for blue-chip banking and oil stocks pulled the Dow Jones industrial average to a record high. Big names like Facebook and Oracle fell … Continue reading Oil and banks take Dow to new highs, but tech companies dive

Iraq hopes OPEC deal will help cover its massive war costs

BAGHDAD (AP)(STL.News) — The government of Iraq is hoping that a new OPEC deal will help the war-weary country generate enough revenue to help pay for its costly, 2-year-old fight against the Islamic State group. Iraq, whose oil revenues make up nearly 95 percent of its budget, has been reeling under an economic crisis since … Continue reading Iraq hopes OPEC deal will help cover its massive war costs

Oil and banks take Dow to new highs, but other indexes fall

NEW YORK (AP)(STL.News) — More big gains for Goldman Sachs and Chevron helped pull the Dow Jones industrial average to another record high Thursday even as other indexes continued to slip.  Ford and General Motors are rising after they announced strong sales in November.  Technology companies and high-dividend stocks are trading lower. KEEPING SCORE: The … Continue reading Oil and banks take Dow to new highs, but other indexes fall

Global stock markets mixed after China factory data

SEOUL, South Korea (AP)(STL.News) — European stock markets fell slightly in early trading after Asian stock markets finished higher on Thursday as upbeat factory data from China boosted investor sentiment. KEEPING SCORE: Britain’s FTSE 100 lost 0.3 percent in early trading to 6,761.81 while France’ CAC 40 was down 0.2 percent at 4,567.62. Germany’s DAX … Continue reading Global stock markets mixed after China factory data

Stocks close higher, helped by health care companies

NEW YORK (AP)(STL.News) — Stocks closed slightly higher on Tuesday, boosted by health-care companies like UnitedHealth Group, which helped outweigh steep declines in energy companies. Tiffany jumped after it reported better quarterly results than analysts expected. The Dow Jones industrial average rose 23.70 points, or 0.1 percent, to 19,121.60. The Standard & Poor’s 500 index … Continue reading Stocks close higher, helped by health care companies

Asian markets mixed amid fears over oil, Italy’s referendum

KUALA LUMPUR, Malaysia (AP)(STL.News) — Asian stocks were mixed Tuesday as concerns over an OPEC oil production cut and Italy’s constitutional referendum cast a pall on the markets. KEEPING SCORE: The Shanghai Composite Index gained 0.4 percent to 3,290.22 and Sydney’s S&P-ASX 200 rose 0.3 percent to 5,482.  Hong Kong’s Hang Seng index was almost … Continue reading Asian markets mixed amid fears over oil, Italy’s referendum