COLUMBIA, Mo. (AP) — A new lawsuit is seeking $30 million from an investment banking firm and 10 employees because of a failed factory project in central Missouri.
Morgan Keegan, which has merged with Raymond James Financial Inc., was the underwriter in 2010 for a $39 million bond issue for a failed artificial sweetener factory for Mamtek US Incorporated in Moberly. Construction on the factory stopped in August 2011 when Mamtek failed to make a required bond payment.
The Columbia Daily Tribune reports new lawsuit was filed Wednesday in Boone County because $5.6 million worth of the bonds, in default since 2011, were sold there.
A Raymond James spokesman says the company denies wrongdoing, and the state reviewed the project before the city agreed to issue bonds before Morgan Keegan was hired.
Five stores in the Chesterfield Mall had their Black Friday sales interrupted by a water main break.
The break affected Express, New York & Company, CJ Banks, Lenscrafters and "I don't want to kiss a llama". A
mall spokesman says the break caused a power outage. The stores are closed until the outage is resolved. There is no timetable for when power will be restored.
CHICAGO (AP) - After wrestling with public pension reform for months, Illinois legislative leaders say lawmakers might only need a single day to pass their plan for dealing with the $100 billion crisis.
The 10-member conference committee on pension reform is set to meet in Springfield Tuesday. If six of the 10 members sign a report agreeing to terms of a deal, both chambers could bring legislation up for a vote the same day.
House Speaker Michael Madigan's spokesman, Steve Brown, says the legislation could be considered in both chambers simultaneously.
Legislative leaders announced this week they had reached agreement on a plan that would save $160 billion over 30 years.
Along with Gov. Pat Quinn, they have spent recent days calling members and asking them to support the plan.
JEFFERSON CITY, Mo. (AP) - Missouri Gov. Jay Nixon is calling state lawmakers back to the Capitol to consider incentives aimed at attracting a massive Boeing Co. production facility to the state.
Officials are hoping to entice Boeing to produce its 777X passenger jet in Missouri. Several other states also have been discussing trying to land the project, and Boeing hopes to make a decision early next year.
Nixon called the special legislative session Friday. It will start Monday, Dec. 2, which is about a month before lawmakers convene their regular session on Jan. 8.
Boeing is already one of Missouri's largest employers, with about 15,000 people including thousands of machinists in the St. Louis area.
EAST ST. LOUIS, Ill. (AP) - A St. Louis woman has pleaded not guilty to federal charges that she opened and stole packages while working as a supervisor at a southwestern Illinois post office.
Forty-one-year-old Jane Johanna Emily, who's also known as Jane Moeller, entered the plea this week to charges of obstruction of mail, theft of U.S. mail by a postal employee, and opening of mail.
A magistrate judge assigned the St. Louis woman to be represented by a public defender.
A federal indictment alleges that Emily opened and stole mail packages last March and April while she was a supervisor at the East St. Louis post office.
Emily is free on bond.
The federal public defender's office in East St. Louis did not immediately return a call seeking comment on Friday.
CAPE GIRARDEAU, Mo. (AP) - Horticulture students at Southeast Missouri State University have evaluated 42 varieties of holiday poinsettias and are selling the plants to the public.
Three breeding companies sent rooted cuttings to the Cape Girardeau school's greenhouse in August. Greenhouse staff and students grew the plants and sent their analysis to each company.
Greenhouse manager Denise Pingel says seven of the varieties haven't been released to the market for commercial production.
She says most of the plants are red, but the greenhouse also tested a few varieties of white, pink and burgundy poinsettias and some with multiple colors.
The sale of several thousand poinsettias began last week and continues through Dec. 24.
EDWARDSVILLE, Ill. (AP) - Illinois state fire investigators are trying to determine what sparked a southwestern Illinois house fire that killed its occupant and his dog early Thanksgiving Day.
Madison County Coroner Steve Noon says the man's body was found after firefighters doused the rural Edwardsville fire. The blaze was reported shortly after 1 a.m. Thursday by a neighbor.
Noon says the man was found in an upstairs bedroom, and that an autopsy is planned. The coroner says the fire's origin doesn't appear to be suspicious.
The victim's name hasn't yet been released.
WASHINGTON, Ill. (AP) - A dog and his owner have been reunited after the animal was found under a pile of rubble more than a week after a tornado ripped through a central Illinois city.
Jacob Montgomery of Washington and his dog Dexter were separated when the Nov. 17 tornado damaged Montgomery's third floor apartment.
Montgomery is a member of the Illinois National Guard.
A guard spokesman says a neighbor sent Montgomery a Facebook message nine days later to tell him Dexter had been found under debris where the apartment used to be.
An animal rescuing organization had oaxed the 6-month-old puppy out of the rubble with hot dogs.
A veterinarian found Dexter to be malnourished, but without any major injuries.
Montgomery says as soon as the dog saw him "his tail started going."
Nobody was injured in a pipeline explosion in Pettis County, Missouri Friday morning.
KMOU-TV and CNN report that a pipeline with a compression station exploded and caused a massive fireball which could reportedly be seen up to 40 miles.
The Panhandle Eastern Pipe Line Company near Sedalia says the pipeline was about 30-inches.
Residents within a 5-mile radius were forced to evacuate.
Sedalia is home to the Missouri State Fair.
Stay with KTRS News on-air and online for further information.
A man is dead after a house fire in Edwardsville, now investigators are working to figure out how the fire started.
Emergency crews responded to the home in the 9-thousand block of Pin Oak Road, just east of I-55 around 5 a.m. Thursday.
First responders found the man's body in the upstairs bedroom.
The coroner's office tells KTRS News that multiple agencies are looking into the blaze but they don't think the fire is suspicious.
The man's name is being withheld pending family notification.