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Tariffs can increase revenue and protect domestic industry, but achieving the latter goal takes time and will require domestic manufacturers to find different sources of materials in the short term.
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Christopher Waller said the tariffs could also drag down the economy as higher prices reduce spending, rippling into business investment.
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It’s part of a 10% workforce reduction in the wake of a strike that halted production for seven weeks and an almost $6 billion third quarter loss.
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There were at least 27 cases of grain entrapment in the U.S. last year. OSHA recently added Missouri to the list of states where it’s emphasizing grain handling safety.
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Two years ago, Ameren finished the first solar farm in East St. Louis. Company leaders hope the second facility’s completion will spark similar investments.
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The Israeli company had previously announced that it broke ground last year on a $400 million facility in south St. Louis, but the project has increased in scope to more than $500 million and will now be built at 460 East Carrie Avenue.
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The Urban League of Metropolitan St. Louis received a $500,000 grant to help bring more professional development, job training and family assistance to women in the area.
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The aerospace giant declined to say how many workers received layoff notices, but local union officials told the St. Louis Business Journal that 111 union workers will be affected.
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The Downtown North Community Improvement District would formalize some of the actions taken by individual property owners to promote the area of downtown as an emerging geospatial and entrepreneurial hub.
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The Evolv system is designed to be fast and is part of a larger safety upgrade at the Zoo that includes new cameras and a security dog.
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Midwest BankCentre's CEO says the new branch in Dellwood will pay dividends once it makes more connections in the community.
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The board bill seeks to infuse $232.5 million into development in north St. Louis, southeast St. Louis and downtown.