Judge rules Moberly not liable for Mamtek bonds
A federal judge has ruled that the city of Moberly and its industrial development authority are not responsible for bonds involved in a failed artificial sweetener plant project.
Expansion planned at Maker’s Mark distillery
The producers of Maker’s Mark bourbon announced a distillery expansion Thursday to pump up production and keep pace with growing demand for the Kentucky whiskey, known by its distinctive bottles sealed in red wax.
Tokyo bitcoin exchange files for bankruptcy
The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850,000 bitcoins, worth several hundred million dollars, are unaccounted for.
Stock futures fall on 4Q GDP report
Stock futures were pointing to a lower open on Friday, following a report that showed the U.S. economy grew at a slower-than-expected pace in the last three months of 2013.
Mayor Duggan: ’The change in Detroit is real’
In the nearly two months that Mike Duggan has been Detroit’s mayor, he’s met with President Barack Obama, public bus riders, city workers and anyone who will listen to his message that the city is changing — this time for the better.
US stock futures little changed
US stock futures were little changed ahead of testimony from Federal Reserve Chair Janet Yellen to the Senate Banking Committee.
Stocks flat after housing data, retailer earnings
Stocks moved between small gains and losses Wednesday as investors assessed earnings reports from retailers and other companies. Home builders gained after sales of new homes jumped in January at the fastest pace in more than five years.
Local politics affects senators on minimum wage
Sen. Mark Pryor is doing a delicate dance over congressional Democrats’ upcoming push to boost the federal minimum wage. The Democrat from Republican-leaning Arkansas says he’ll vote against the bill, but on the key roll call may oppose GOP efforts to filibuster it to death.
Feds file suit against for-profit college chain
The Consumer Financial Protection Bureau says it has filed a lawsuit against a large for-profit college chain alleging that it pushed students into high-cost private student loans knowing they would likely end in default.
Obama announces new Midwest manufacturing hubs
President Barack Obama on Tuesday announced the creation of two Pentagon-led institutes to boost advanced high-tech manufacturing, with the eventual goal of creating jobs that have been lost to global competition.
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