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Anheuser-Busch Foundation Donates $1 Million to Webster University
St. Louis Front Page - Business and Technology News 
St. Louis Front Page P.O. Box 1354 St. Louis, MO 63188 Office: 314-771-0200 Fax: 314-771-0300 To submit news, contact: editor@slfp.com To advertise, contact: advertising@slfp.com |
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AmerenUE to Change Name to Ameren Missouri ST. LOUIS, MO, (SLFP.com), September 1, 2010 - AmerenUE customers today began receiving letters announcing that AmerenUE will become Ameren Missouri on Oct. 1. On the same day, the Ameren Illinois utilities - AmerenCILCO, AmerenCIPS and AmerenIP - will merge into one entity - Ameren Illinois Company. "We are changing the bill format and the name of our utility companies to increase clarity of customer communication," said Thomas R. Voss, chairman president and chief executive officer of Ameren Corporation. "Since the utility companies in the two states operate under different regulatory requirements and business models, we believe we can better communicate with all of our stakeholders by identifying each of our operating companies by the state in which it does business." "This change makes it clear that each company is focused on the specific needs of the customers in that state, and this will help differentiate the pricing structures, rates and services offered, based on regulatory and legislative differences." Customers in communities along the Illinois and Missouri state line are sometimes confused about differences between the two Ameren operating companies - especially in shared media markets like St. Louis/Metro East, Quincy/Hannibal and Paducah/Cape Girardeau/Harrisburg. "Because we have an obligation to educate and inform our stakeholders, we changed the names to minimize customer confusion and clarify important distinctions between the two Ameren companies," Voss added. AmerenUE President and Chief Executive Officer Warner Baxter said that "while this is a change in our name, the heart of what we do and who we are remains unchanged - our commitment to provide safe and reliable service in an environmentally responsible manner is a constant." Missouri Lost Fewer Industrial Jobs Over Past Year ST. LOUIS, MO, (SLFP.com), September 1, 2010 - Industrial employment in Missouri fell 2% over the past twelve months according to the 2011 Missouri Manufacturers Register®, an industrial directory published annually by Manufacturers' News, Inc. (MNI) Evanston, IL. MNI reports Missouri lost 7,960 industrial jobs and 126 manufacturers between August 2009 and August 2010, a much smaller loss than reported by MNI for the 2008-2009 survey period. Manufacturers' News reports Missouri is now home to 8,524 manufacturers employing 371,621 workers. "The recession continues to affect Missouri's manufacturing sector, particularly industrial machinery and industries reliant on the housing market. But we're definitely seeing fewer job losses than we did a year ago," said Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. Food products manufacturing continues to top the list for industrial sectors employing the most in the state, after overtaking transportation equipment in recent years. The food products sector currently accounts for 52,219 industrial jobs, up 175 jobs over the past twelve months. Other bright spots for the state include the opening of Agrium Advanced Technologies' fertilizer plant near New Madrid, ME Bio Energy's opening of a biofuel plant in Lilbourn, and the planned expansion of Sonoco Products Company in Hazelwood. Second-ranked transportation equipment accounts for 43,161 jobs, down 4.9% over the year, following layoffs at GM's Wentzville plant, Harley-Davidson, and the closure of Tracker Marine in Bolivar, among others. Industrial machinery and equipment comes in third with 42,901 jobs, with no significant change reported over the year. Silver/Gold Scheme May be Costing Missourians Thousands ST. LOUIS, MO, (SLFP.com), September 1, 2010 - Missouri Secretary of State Robin Carnahan is urging Missourians to use extreme caution when considering investments in gold, silver or other precious metals. A cease and desist order issued today charges Florida-based Global Bullion Exchange, LCC, with defrauding Missouri investors, and names several other Florida-based companies and individuals in connection with the scheme. According to the order, at least three Missourians from Moberly, Lebanon, and St. Charles lost a total of nearly $100,000 after investing in silver through the Global Bullion Exchange. In separate incidents, the investors received unsolicited calls from the company promoting silver as a "great opportunity" and "a solid investment with good returns." After turning over thousands of dollars, the investors each received periodic account statements, but reported that they were confusing and missing several important details. All three of the investors allegedly had trouble contacting Global Bullion to clarify the statements or get more information about their investments, even after repeated attempts. "Silver and gold may sound like lucrative investment opportunities, but remember; if it sounds too good to be true, it probably is," Carnahan said, "If you don't understand how an investment works, or something on your statement doesn't make sense, make sure you ask questions and call my office to check it out." The silver bullion investments were allegedly offered through margin accounts, a practice prohibited by Missouri commodities laws. Investors were told that they could make substantial profits through leverage, or borrowing money to increase the returns on their investment. However, Global Bullion Exchange allegedly didn't inform the investors of the risks involved with these types of accounts, or fully explain the significant interest charges and "management fees" that investors would incur. The order indicates that in many cases, the price of silver would have to rise nearly 40% for the investors to break even. Anheuser-Busch Foundation Donates $1 Million to Webster University ST. LOUIS, MO, (SLFP.com), August 29, 2010 - The Anheuser-Busch Foundation, the philanthropic arm of Anheuser-Busch, has announced a $1 million donation to the George Herbert Walker School of Business & Technology at Webster University. "Anheuser-Busch is one of the region's strongest supporters of higher education, and we are grateful for their donation," said Dr. Elizabeth (Beth) J. Stoble, president of Webster University. "Anheuser-Busch employs many Webster alumni and has a long history of supporting our mission to ensure high-quality learning experiences that transform our students for global citizenship and individual excellence." Other institutions receiving recent financial commitments from the Anheuser-Busch Foundation are the University of Missouri-St. Louis, Saint Louis University, Washington University, Fontbonne University, Harris Stowe State University, Ranken Technical College and Missouri University of Science & Technology in Rolla. "As one of Missouri's largest employers, we know first-hand the quality of graduates produced by Webster and the other outstanding universities in our home state," said Dave Peacock, president of Anheuser-Busch. "By supporting these universities, we are investing in the institutions that will produce our future community and business leaders. At Webster University, we know graduates are preparing to become business leaders in Missouri and throughout the world." "We are honored and humbled by the Anheuser-Busch Foundation's generous gift," said Benjamin Ola. Akande, Dean, George Herbert Walker School of Business & Technology and professor of economics. "Webster shares a similar history and common values with A-B. Both started in St. Louis. Both grew to be globally respected. And both share a commitment to ensuring St. Louis remains a great place to work, live and learn."  
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