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A building on the national historic registry now has an expiration date.

If a buyer does not come forward to purchase the building in the next month, it will be torn down. Cupples 7, at 11th and Spruce in downtown St. Louis, has been designated for demolition after engineers said the building is an imminent danger.

Mayor Slay says the only hope for the building is for an angel investor to step forward and renovate it. Cupples 7 was built between 1894 and 1917.

Monday, 06 May 2013 16:41
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Road closures are underway on the Chain of Rocks Bridge.

The daily closures are set to run from 9 AM to 7 PM every weekday for the next two weeks. Today and tomorrow, the westbound right lane will be closed. Then through the end of the week, the westbound left lane will be closed.

The closures will move to the eastbound lanes next week. All work and closures are weather permitting, but IDOT hopes to have the work completed by May 17.

Monday, 06 May 2013 16:03
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St. Louis is well-represented on the most recent Fortune 500 list of the largest companies in the country.

Express Scripts got the highest ranking of the nine area companies at number 24. The company jumped 60 spots after acquiring Medco Health Services in the last year. Some of the other companies on the list from the area, Emerson, Monsanto, and Ameren.

The top company in the country this year was Wal-mart. 

Here are the St. Louis companies that made the list:

24. Express Scripts Holding

123. Emerson

206. Monsanto

275. Reinsurance Group of America

303. Centene

315. Peabody Energy

373. Ameren

465. Graybar Electric

491. Jones Financial

 

Monday, 06 May 2013 14:34
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SPRINGFIELD, Ill. (AP) - State senators are expected to consider two possible paths toward addressing the nation's worst pension crisis.

One option is legislation approved in the Illinois House last week. That bill is sponsored by House Speaker Michael Madigan. It would require public employees to pay 2 percent more toward their retirement benefits. It would also reduce annual cost-of-living increases for retirees and raise the retirement age for workers under 45.

Labor unions also are expected to pitch a plan. The details of that proposal have not been disclosed. But a spokeswoman for Senate President John Cullerton says it would offer employees a choice between health insurance or cost-of-living increases.

Lawmakers are expected to discuss the two options in a closed-door meeting on Monday before convening on the Senate floor.

 

Monday, 06 May 2013 14:18
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