UMB Financial Corp. today said that W. Thomas Chulick is the new chairman and chief executive of UMB Bank St. Louis.

Chulick, 53,  will continue to lead UMB Asset Management, supervising private banking and personal trust services in the St. Louis…

As we reported in today’s paper, the Bureau of Labor Statistics posted July jobless numbers that show metropolitan St. Louis with its highest unemployment rate since February 1992: 7.2 percent.

But, as any economist will point out, those numbers are…

Old, discarded documents can pose an identity theft risk if they contain account numbers or Social Security numbers.

Southwest Bank will help area residents dispose of them safely next month at events it has dubbed “Shredfest.” Southwest, a subsidiary of Milwaukee-based…

 From the Associated Press

It is rare that Warren Buffet makes a bad call, but he admitted this morning that he did so with Anheuser-Busch Cos.

In an interview on CNBC, the billionaire investor said he sold nearly two-thirds of Berkshire…

Monsanto Co. is selling its dairy hormone business to Eli Lilly and Co. for $300 million.

Under the terms of the agreement, Lilly will purchase assets and liabilities of Monsanto associated with the Posilac brand and related business. The transaction…

Scottrade Inc., the discount broker based in west St. Louis County, has launched a new social networking site aimed at its online traders.

The company also said it will open a second Metro East location at 6655 Edwardsville Crossing near Dierbergs. Eddie…

There has been much speculation on Wall Street that Cerberus Capital Management is planning to break up Chrysler and sell off the automaker’s most popular brands.

But an article in the New York Times makes the argument that it looks like…

Moody’s Investors Service on Wednesday cut its rating on Ameren Corp.’s long-term debt rating to Baa3 – a notch above junk, or speculative grade – citing the St. Louis company’s declining cash flow relative to its debt obligations. The ratings downgrade affects about…

Macy’s Inc. says it is still paying for its acquisition of St. Louis-based May Department Stores Co.

The Cincinnati-based retailer this morning reported earnings that included charges directly related to May.

Macy’s took a $50 million writedown on private brands…

Some are Wall Street analysts already are betting against Chrysler,  but the automaker still is making a few bets of its own.

The Associated Press this morning is reporting that Chrysler LLC Vice Chairman Tom LaSorda said his company will…