Banks’ first quarter profits inch up

Profitability improved for local banks in the first quarter and fewer banks posted losses.
And notably, First Bank, St. Louis’ largest locally chartered bank, posted its […]

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Rams’ dome-rehab plan includes laundry list of big improvements

The St. Louis Rams’ vision for the Edward Jones Dome includes an “operable roof panel” that could be opened to allow more natural light during […]

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Germany Examines Bank Use of ECB Loans on Bubble Concern - Bloomberg

German lenders

Turning natural gas into diesel fuel

Near-record low natural gas prices have hurt the industry, but a technology that can turn cheap gas into more profitable diesel could keep demand […]

First Solar racks up huge losses

First Solar, a maker of photovoltaic panels that announced a massive restructuring last month, reported a quarterly loss of $5.20 on Thursday.
The loss stems […]

Crisis-hit Japan mulls shift to renewable energy

Another long, stupefyingly hot summer is looming for Japan just as it shuts down its last operating nuclear power reactor, worsening a squeeze on electricity […]

Employment Probably Picked Up in April: U.S. Economy Preview - Bloomberg

Hiring probably picked up in April after the weakest gain in five months, and the U.S. jobless rate stayed at 8.2 percent, showing improvement in […]

India Investment Grade Rating at Risk as S&P Cuts Outlook - Bloomberg

India

Oil dips 2 percent on European concerns

The price of oil dropped by nearly 2 percent on fresh concerns about Europe’s economy.
Benchmark West Texas Intermediate crude gave up $1.82 to $102.06 per […]

Roberts’ South Carolina hotel files for bankruptcy

The Roberts Cos.’ shuttered hotel in Spartanburg, S.C., filed for bankruptcy today, marking the second time in a week one of the company’s portfolio of […]