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No horsing around Print E-mail
By Donna Korando, Beacon Staff   
Last Updated ( Thursday, 10 July 2008 )
clydesdale100nagel.jpgIt's not that anyone in St. Louis is nervous about InBev's attempt to buy Anheuser-Busch. But we do wonder why Carlos Brito keeps bringing up the Clydesdales. He says the gentle giants are safe, but a little research discovered that Belgian Draft Horses have taken over in popularity from the once-dominant Scottish breed. Photo by Tom Nagel | The Beacon
 
Anheuser-Busch sues to protect its board Print E-mail
By News organizations   
Last Updated ( Tuesday, 08 July 2008 )

A-B wants an order that would prevent InBev from taking steps to oust A-B's board. The 21-page filing in Missouri accuses the Belgian company of spreading rumors and providing misleading information about its deal financing. And the suit says InBev's business in Cuba could violate U.S. laws.

 
InBev's move to oust Anheuser-Busch's board is Stage 2 in its pursuit strategy Print E-mail
By Robert W. Steyer, Special to the Beacon   
Last Updated ( Tuesday, 08 July 2008 )

abbrick100nagel.jpgThe Belgian brewer's efforts became more hostile and personal Monday with a request that U.S. regulators allow shareholders to remove the old board. Anheuser-Busch said ousting the board would not be in the best interest of shareholders. Analysts said InBev's action was not surprising.

Photo by Tom Nagel | The Beacon

 
InBev moves to replace Anheuser-Busch's board Print E-mail
By News organizations   
Last Updated ( Monday, 07 July 2008 )

Playing hardball, the Belgian brewer will ask the Securities and Exchange Commission for action that could force removal of A-B's current board and installation of a hand-picked slate that includes several high profile U.S. executives and Adolphus Busch IV. He has sounded receptive to considering InBev's takeover offer, which A-B's current board has rejected. Shareholders would have to approve the change.

 
Arch discussion deadline approaches Print E-mail
By By Mary Delach Leonard, Beacon staff   
Last Updated ( Friday, 04 July 2008 )

rharch100.jpgAs the Mississippi River forced Fair St. Louis from the Arch grounds, St. Louisans should check out two Websites about the development discussions that have grown out of a push to reinvigorate the Arch grounds by local groups, including the Danforth Foundation.

Photo by Rachel Heidenry | The Beacon

 
Analysts question financial risks of InBev combining with Anheuser-Busch Print E-mail
By Robert Steyer, Special to the Beacon   
Last Updated ( Thursday, 03 July 2008 )
abbrick100nagel.jpg Although InBev says it still wants to engineer a friendly takeover of Anheuser-Busch, recent moves set the stage for a hostile takeover attempt. Some analysts expect InBev to sweeten its offer, but others wonder whether such a move would create financial problems for the combined company.
Photo by Tom Nagel | The Beacon 

 


 
Growth in health care and tech jobs may cushion the blow from Chrysler's cuts Print E-mail
By Bill Smith, Beacon staff   
Last Updated ( Thursday, 03 July 2008 )

chryslerlogo.jpg

Despite stomach-wrenching news for two of this area's biggest -- and best-known -- corporate citizens, observers  say the sky is not falling on the St. Louis economy. Chrysler is shutting one plant in Fenton and cutting a production shift at a second. Some 2,400 Chrysler workers will be laid off. But some analysts say the region is strong enough to weather this economic storm.

 
Chrysler cuts production in Fenton; 2,400 jobs will be lost Print E-mail
By News organizations   
Last Updated ( Tuesday, 01 July 2008 )

Chrysler will shut down minivan production in Fenton and will reduce pickup production to one shift. The changes, spurred by slow sales and company financial goals, will happen in September and October. About 1,500 workers produce minivans here, and 900 are in the shift of Dodge Ram truck production that will be cut. The ripple affect on St. Louis' economy worries business and political leaders.

Read full Wall Street Journal story.

 

 

 
How green is your roof? Sedum and other perennials make for an environmentally friendly option Print E-mail
By Rachel Kurowski, Special to the Beacon   
Last Updated ( Thursday, 03 July 2008 )

zoogarden100.jpg

Need a new roof? What about sedum? The hardy perennial is a green alternative -- literally -- to conventional materials. Researchers are studying the option at Southern Illinois University at Edwardsville. Some local institutions are incorporating green roofs, including the Zoo (right, photo from SWT Design.)

 
Just begun to fight: A-B presents its battle plan Print E-mail
By Robert W. Steyer, Special to the Beacon   
Last Updated ( Friday, 27 June 2008 )
Seeking to prove why Anheuser-Busch should remain independent, top executives say earnings for the next three years will be well above Wall Street estimates, thanks to the company's revised strategic plan. These gains will be achieved in part by cutting costs and by cutting jobs -- but not by cutting assets such as the theme parks subsidiary or the packaging subsidiary, the executives said Friday. Reactions of financial analysts have been mixed.
 
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Editors' Picks

 

Jazz with Jerome Harris

Video by Christian Cudnik

Jazz musician and educator Jerome Harris talks about the importance of teaching. See a larger version of this video and read a profile of Harris

Voices

  • Editorial Cartoons

    sstantis100transition.jpgThe presidential ransition still gets lots of attention, but the cartoonists are also looking at specific economic and social issues. Find the work of Scott Stantis, John Sherffius, Chris Britt, Marshall Ramsey and Mike Thompson inside.

  • In the News

    soa100puppet.jpgPosted 5 p.m. Mon. Nov. 17 - This weekend, nearly a hundred St. Louisans, many of them high school students, will travel to Fort Benning, GA to protest the School of the Americas. Among its graduates are some of Latin America's most notorious dictators, guilty of some of the continent's most savage human rights violations. Rachel Heidenry, who participated in the protest while a student at Nerinx Hall and Bard College, describes the experience and took the photographs that accompany the story and are in a slideshow at the end of the article.

  • Law Scoop

    supremecourt100.jpg

    Posted, 1:20 p.m., Thursday, Nov. 13 - Not often do the justices of the U.S. Supreme Court admit to such bafflement as they did on Wednesday when trying to decide if Pleasant Grove City, Utah has to add the 7 Aphorisms to the 10 Commandments in its city park.

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