business news

Missouri Business News: Kansas City Southern Declares Dividends on 4% Non-Cumulative Preferred Stock, Common Stock

KANSAS CITY, MO – Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors on August 14, 2018 declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock.  The dividend is payable on October 2, 2018 to preferred stockholders of record at the close of business on September 10, 2018. The … Continue reading Missouri Business News: Kansas City Southern Declares Dividends on 4% Non-Cumulative Preferred Stock, Common Stock

GREENSBORO, N.C. | VF breaks off denim biz to focus on money-making activewear

GREENSBORO, N.C. — The clothing company that makes Wrangler and Lee jeans is breaking off its denim division, which could generate as much as $2.5 billion in revenue each year. VF Corp. said Monday that it wants to focus on its money-making active and outwear business. It owns The North Face and Timberland, and it’s … Continue reading GREENSBORO, N.C. | VF breaks off denim biz to focus on money-making activewear

PUTRAJAYA, Malaysia | Malaysia eyes more than 10-fold hike in Singapore water deal

PUTRAJAYA, Malaysia  — Malaysia’s prime minister says he is seeking to hike the price of water sold to the neighboring country of Singapore by more than ten times as his country searches for ways to pay off massive debts. Prime Minister Mahathir Mohamad told The Associated Press on Monday that a decades-old treaty governing the … Continue reading PUTRAJAYA, Malaysia | Malaysia eyes more than 10-fold hike in Singapore water deal

ROME | Aid group: Ships not willing to save Mediterranean migrants

ROME — A European aid group says migrants are telling rescuers that several ships passed them by in the Mediterranean Sea without helping. SOS Mediterranee says Sunday that due to the recent refusal of Italy and Malta to let rescue vessels carrying migrants dock, ships might be unwilling to do rescues “due to the high … Continue reading ROME | Aid group: Ships not willing to save Mediterranean migrants

St Louis Business News: Ameren Corporation Directors Declare Quarterly Dividend

ST. LOUIS, MO – The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 45.75 cents per share.  This dividend is payable Sept. 28, 2018, to shareholders of record at the close of business on Sept. 12, 2018. Separately, the board of directors of Union … Continue reading St Louis Business News: Ameren Corporation Directors Declare Quarterly Dividend

BEIJING | China auto sales down 5.3 percent as SUV demand sags

BEIJING  — China’s auto sales shrank in July from a year earlier as SUV demand sagged, an industry group reported Friday, adding to signs of economic malaise amid a tariff battle with Washington. Sales of sedans, SUVs and minivans fell 5.3 percent from a year ago to 1.6 million in the biggest global auto market, … Continue reading BEIJING | China auto sales down 5.3 percent as SUV demand sags

WASHINGTON | Appeals court tells EPA to stop sales of harmful pesticide

WASHINGTON — A federal appeals court has ruled that the Trump administration endangered public health by keeping a widely used pesticide on the market despite extensive scientific evidence that even tiny levels of exposure can harm babies’ brains. The 9th U.S. Circuit Court of Appeals in San Francisco on Thursday ordered the Environmental Protection Agency … Continue reading WASHINGTON | Appeals court tells EPA to stop sales of harmful pesticide

LAS VEGAS | Tech billionaire Henry Nicholas facing drug counts in Vegas

LAS VEGAS  — Tech billionaire and advocate of crime victims Henry T. Nicholas III is facing drug counts after being arrested along with a woman Tuesday at a Las Vegas Strip casino-resort. Nicholas was arrested on suspicion of trafficking heroin, cocaine, meth and ecstasy, Las Vegas police officer Larry Hadfield said Thursday. He added police … Continue reading LAS VEGAS | Tech billionaire Henry Nicholas facing drug counts in Vegas