Alton Telegraph gets new owner

A private equity firm with interests in clothing, parking lots, steakhouses and other businesses will be the new owner of The Telegraph, the newspaper that has served the Alton area since 1836.
Sale of The Telegraph by Freedom Communications to an arm of Versa Capital Management is part of a four-newspaper deal the companies announced Thursday. […]

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The 86 million invisible unemployed

There are far more jobless people in the United States than you might think.
While it’s true that the unemployment rate is falling, that doesn’t include the millions of nonworking adults who aren’t even looking for a job anymore. And hiring isn’t strong enough to keep up with population growth.

As a result, the labor […]

Payday loans can be risky because of the chance of identity theft. It is important to make sure that payday loan lenders are legitimate.

CVC says public can’t see Dome plan without Rams’ permission

ST. LOUIS • When it comes to deciding how much taxpayers should know about plans to overhaul the Edward Jones Dome, the Rams appear to be calling the shots.
The Rams, who last month rejected a $124 million renovation plan from the St. Louis Convention and Visitors Commission, by Tuesday must present the commission with an […]

Japan Seen Anteing Up on Stimulus as Yen Impact Fades: Economy - Bloomberg

Japan

Local food company files for bankruptcy

A St. Louis-based food manufacturer that specializes in organic lentil mixes and dips has filed for bankruptcy.
Berhanu Enterprises, which launched in 2006, submitted its bankruptcy petition to US Bankruptcy Court in St. Louis on Monday.
The company, known as Berhanu Organics, was founded by Ethiopian native, Sine Berhanu, using recipes and ideas from her home country. 
Berhanu Organics […]

EU leaders to discuss growth as Greece case looms

European leaders will try to come up with ways to boost growth despite steep budget cuts across the continent when they meet in Brussels on Monday.
The 27 heads of state and government will get a taste of the popular frustration with austerity and high unemployment as they try to get to the summit in a […]

Growth quickens, but speed bumps ahead

The economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012.
Gross domestic product expanded at a 2.8 percent annual rate, the Commerce Department said on Friday, a sharp acceleration from the 1.8 percent […]

Europe eyes merits of boosting growth to cut debt

After months of talk that Europe can only be saved by slashing its spending, a growing chorus of voices is calling for a new tack, encouraging governments to instead stimulate growth _ even if that means spending money.
As a slowdown in the global economic recovery threatens to undo Europe’s austerity efforts, experts are reviving a […]

Ask the Expert: Susan Noeth: director of client solutions Sitton Construction Group

What can building owners do to stretch their capital budgets?
Many organizations, both public and private, have experienced decreased funding over the past few years due to the many factors stemming from the bad economy. It is important to know there are ways to reduce costs when undertaking construction projects, regardless of whether it is a […]

26 militants, 10 soldiers killed in Yemen fighting

A new round of fierce fighting in southern Yemen killed 10 soldiers and 26 militants, military officials said Monday, the latest battle in a government campaign to retake territory from al-Qaida-linked fighters, .
Another 38 militants and about 30 soldiers were wounded in the clashes that took place near the city of Dufas in the southern […]