Housing industry woes last month continued to worsen locally and nationally. In May, 520 house building permits were issued in nine area counties and the city of St. Louis, compared to 1010 in May 2007, according to Rock Hill-based Zanola

Warren Buffett, the billionaire investor in Anheuser-Busch Cos., said Wednesday he has not talked to the management of InBev or Anheuser-Busch Cos. about the Belgian brewer's proposal to take over the brewer of Budweiser. Buffett's Berkshire Hathaway is the second-largest

American Airlines and its affiliates will cut 43 daily departures from St. Louis this fall, the airline said a short time ago. As part of its plan to cut 12 percent of its flying capacity this year to cope with

Peabody Energy Corp. is beginning production at its new El Segundo mine in northwest New Mexico that will supply at least two power plants in Arizona. The $70 million, 6 million-ton-a-year El Segundo mine is the first new coal mine

CHARLOTTE, N.C. -- Wachovia Corp. has hired Wall Street investment firm Goldman Sachs Group for advice on the bank's loan portfolio. Wachovia spokeswoman Christy Phillips-Brown this morning said the firm was hired to analyze the Charlotte-based bank's loan portfolio and

Scottrade Inc. on Tuesday agreed to pay $950,000 to settle charges leveled by the Securities and Exchange Commission over the handling of trade executions. The settlement came the same day the SEC announced the allegations against the St. Louis-based company.