Groups lock horns over Missouri’s green energy future

There’s a battle afoot to reshape Missouri’s green energy law.
Renewable energy advocates and utilities are squaring off to establish how much of Missouri’s electricity is derived from renewable resources — with the cost to consumers in the balance.
Renew Missouri, the group formed several years ago to advance the state’s existing renewable energy initiative, known as […]

Olympus used acquisitions, deal fee to hide losses

Olympus Corp. said Tuesday that top executives used acquisitions to hide massive losses, reversing denials of any wrongdoing as one of the largest accounting frauds in Japanese history tarnishes the nation’s corporate image.
Tokyo-based Olympus, which makes cameras and medical equipment, has been battered by a scandal over a $687 million payment for financial advice and […]

Boeing leasing shuttle hangar to build new capsule

Boeing is taking over one of NASA’s old space shuttle hangars to build a new capsule that the company hopes will lift astronauts to orbit in four or five years.
More than 100 Boeing, NASA and state and federal officials gathered in the massive empty hangar _ Orbiting Processing Facility No. 3 _ for the announcement […]

Target announces midnight opening for Black Friday

As the run-up to holiday shopping intensifies, Target Corp. is saying its stores will open at midnight on Thanksgiving Day for the first time this year.
That’s four hours earlier than last year.
The stores will stay open for 23 hours and close at 11 p.m. Friday, November 25. Target spokeswoman Susan Kahn said the change was […]

UK medical group rejects new skin cancer treatment

An independent British medical watchdog says the first treatment proven to help people with the deadliest form of skin cancer is too expensive to be used by the U.K.’s health care system, a recommendation critics called a potential death sentence.
The drug, Bristol-Meyers Squibb’s Yervoy, has offered some hope to people with advanced skin cancers, though […]

Loonie falls below 95 cents, TSX continues sell-off on Greece fears

TORONTO

Debt crisis a historic challenge to European unity

The latest backdrop for European financial crisis talks was Wroclaw, Poland _ or Breslau, as the picturesque city on the Oder River is still known in Germany.
As Europe’s finance chiefs bounce from meeting to meeting trying to hash out a strategy to contain their debt troubles, the city’s history may serve as a reminder of […]

World markets open higher after US rally

Asian-Pacific markets opened higher Tuesday following Monday’s late rally on Wall Street.
In early trading, Japan’s benchmark Nikkei 225 index was up 0.5 percent at 8,582.15. Australia’s S&P/ASX200 index was up 1.4 percent to 4,094.10. New Zealand’s benchmark NZX 50 was up 0.2 percent to 3,270.74.
The Dow Jones Industrial index ended Monday up nearly 69 points, […]

GM profit doubles as sales and prices rise

After years of big discounts, GM is charging customers more for its cars and trucks, and it’s helping the bottom line.
General Motors Co. said Thursday its second-quarter profit nearly doubled. Higher pricing _ mostly in North America _ added $1 billion to its results.
Despite the good news, GM’s stock faltered as the market saw its […]

Build-A-Bear recalls label pin due to lead content

After initially defending the safety of its “Love.Hugs.Peace” lapel pin last year, Build-A-Bear Workshop is now recalling the product, acknowledging that the pin’s surface paint contains excessive levels of lead.
The Overland-based retailer distributed 28,700 pins in the U.S. and Canada between July 2009 and October 2010.
A California-based consumer health advocacy first brought the issue to […]