Business

steak 'n shake
July 23, 2019 - 4:15 pm
INDIANAPOLIS (KMOX) — There's some more bad news about a beloved burger chain. S&P Global Ratings says Steak 'n Shake's performance could " deteriorate further " and the company could even miss a debt payment, which could lead to "restructuring." S&P lowered Steak 'n Shake's credit rating...
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FILE - In this March 14, 2019, file photo, a worker walks next to a Boeing 737 MAX 8 airplane parked at Boeing Field in Seattle. Boeing said Thursday, July 18, it will take a $4.9 billion charge to cover possible compensation to airlines whose Max jets remain grounded after two deadly accidents. (AP Photo/Ted S. Warren, File)
July 19, 2019 - 9:10 am
DALLAS (AP) — Boeing said Thursday it is booking a $4.9 billion charge to cover possible compensation to airlines that have canceled thousands of flights since the 737 Max jet was grounded after two deadly accidents. The airplane builder also said the Max-related fallout will cut $5.6 billion from...
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4545 Laclede
Michael Calhoun
July 19, 2019 - 2:13 am
ST. LOUIS (KMOX) -- The Koman Group has another development proposed for the city's central corridor. It's a $50 million, seven -story, 200-unit apartment complex at 4545 Laclede Ave., a block away from the likes of Whole Foods and Shake Shack. "Our efforts have been for some years now to try and...
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via LaunchCode
Michael Calhoun
July 19, 2019 - 1:05 am
ST. LOUIS (KMOX) -- Looking to change careers? Today is the deadline to sign up for LaunchCode's introductory class for people who want to get into programming. Here's executive director Jeff Mazur: "The basic premise behind LaunchCode is: there's this huge need for people who can do work as...
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FILE - In this March 11, 2019, file photo, rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia. Paul Njoroge, who lost his wife and three young children in the March 10 crash of an Ethiopian Airlines' Boeing 737 Max 8 aircraft, believes Boeing should scrap the 737 Max, and he wants the company’s top executives to resign and face criminal charges for not grounding the plane after a deadly accident last October. On Wednesday, July 17, Njoroge will be the first relative of any of the 346 passengers who died in those crashes to testify before Congress. (AP Photo/Mulugeta Ayene)
July 16, 2019 - 4:45 am
Paul Njoroge says he believes Boeing should scrap the 737 Max, and he wants the company's top executives to resign and face criminal charges for not grounding the plane after a deadly accident last October. Five months after that crash, Njoroge's wife and three young children were killed when...
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Michael Calhoun
July 16, 2019 - 1:30 am
BLACK JACK, Mo. (KMOX) - Neighbors of the Saint Louis Zoo's planned expansion into north St. Louis County have a lot of questions - namely, when will cheetahs start chasing gazelles around? The public learned at Monday night's County Council meeting there's no firm timeline yet. North campus...
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(Getty Images)
Michael Calhoun
July 16, 2019 - 12:40 am
JEFFERSON CITY (KMOX) updated at 12:45 p.m. - Missouri Gov. Mike Parson announced Bayer will be moving its North American Crop Science Division to Creve Coeur, Mo. and making a total investment of more than $164 million to the area. It will create 500 new jobs and offer a starting salary of about $...
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MLS Stadium in St. Louis
MLS4TheLou.com
Michael Calhoun
July 16, 2019 - 12:22 am
ST. LOUIS (KMOX) -- Major League Soccer's Expansion Committee heard Monday from the ownership group trying to bring a team to St. Louis. In a statement, lead investor Carolyn Kindle Betz says 'MLS4TheLou' touted the female-led ownership group that's privately financing this deal. Related:...
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KMOX File photo
Michael Calhoun
July 10, 2019 - 3:12 pm
ST. LOUIS (KMOX) -- The William K. Busch Brewing Company is ending all operations. That means that the Kräftig and Kräftig Light taps will soon run dry. Why? Busch says they were selling high-quality beer at a low price. The business model required high volumes of suds going out the door. But sales...
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(Photo by Michael B. Thomas /Getty Images)
July 09, 2019 - 2:14 pm
(KMOX/AP) - In the middle of a Major League Baseball season that has seen home runs being hit at a record pace, commissioner Rob Manfred is denying rumors that balls have been changed to create more offense. Batters have hit 3,691 homers in 1,345 games, on pace to hit 6,669 over the full season...
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