One last update: In his closing words on the call, Busch said A-B will fight InBev’s lawsuit, filed Thursday, hoping to unseat board members.

 ”We will challenge InBev’s claim in their lawsuit that they can remove directors without cause,” Busch said.

************ …

A day after American Airlines announced it’ll slash 30 more flights from its daily schedule in St. Louis, the region’s second-busiest airline said it’ll pick up at least a smidge of the slack.

Southwest Airlines will begin one daily flight to…

Belleville lawyer Jack Carey will become president of the Illinois State Bar Association Friday at the group’s annual meeting in St. Louis.

Carey’s private practice concentrates on trial work, labor and personal injury law. He is past president of the…

If highly-technical audits of Air Force procurement are your thing, there’s a doozy of one out today.

The Government Accountability Office just released the public version of its 67-page audit of the Air Force’s controversial decision to give its new…

Though sales of pickups have slowed to a trickle, Chrysler has no plans to pull the reins on the launch of its new Ram pickup.

Pickup sales fell 38 percent in May, according to the Associated Press, as gas prices approached $4 per gallon…

Anheuser-Busch Cos. has declined to comment today on a news report that the brewer’s board of directors will meet this week to dicuss the InBev takeover proposal.

British financial newspaper Financial Times reported that the board will discuss InBev’s $65 a share bid for all outstanding…

Chrysler LLC’s chairman on Tuesday told employees auto sales are falling even further than it originally expected for the year, according to media reports.

Bob Nardelli told employees sales could fall to 12.5 million units for the year from 16.6 million in…

Belgian newspaper De Standard this morning is reporting that Warren Buffett is supporting InBev’s $47.5 billion takeover offer for Anheuser-Busch Cos.

Quoting sources, the paper says  Buffett is willing to sell his A-B shares to the Belgian brewer. Buffett’s Berkshire Hathaway…

Shares of Anheuser-Busch Cos. (NYSE: BUD) were trading up more than 6 percent at the open of trading Thursday after the the announcement by InBev that it was offering $65 a share to take over the St. Louis-based brewer.

 A-B shares spiked at the opening…

InBev of Belgium, the world’s biggest brewer, is “moving closer” to launching an unsolicited bid for St. Louis-based Anheuser-Busch Cos. and could fire the opening salvo within days, CNBC reporter David Faber reported this afternoon.

Appearing briefly on the financial…