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St Louis based utility Ameren Corporation is getting rid of its troubled Illinois power generating business.

They claim dumping the Illinois coal plants will reduce business risk, improve earnings and strengthen its balance sheet. Ameren executives say the company will focus on its utilities and the expansion of its transmission system.

Dynegy Inc. will buy the five Ameren coal-fired power plants representing more than 4,100 megawatts of generating capacity as well as Ameren’s power marketing business.

Ameren will receive no cash in the deal, but it will benefit by offloading $825 million of debt tied to the generating business. The company said it will also realize $180 million in tax benefits.
Thursday, 14 March 2013 11:17
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A broken water main could cause delays for drivers in downtown St. Louis. The City Streets Department hopes to have it repaired by 5 p.m. Friday, in time for the St. Patrick's Day parade Saturday.

The water main burst overnight Thursday at Market and 17th Streets near the main post office.

Water began gushing into the intersection of Market and 16th around 10:30 p.m. Wednesday, just as fans were beginning to leave a Bon Jovi concert at the Scottrade Center.

The water was shut off around midnight, but there is significant damage to Market Street. It is closed between 16th and 17th streets.The main has been shut off and crews are working to repair the pavement.

The parade and run routes are expected to go through the intersection on Saturday. Both the water and street department said there's going to be a run and parade, but they will have a backup plan in case the job isn't finished.
Thursday, 14 March 2013 08:37
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VATICAN CITY (AP) — Pope Francis opened his first morning as pontiff by praying Thursday at Rome's main basilica dedicated to the Virgin Mary, a day after cardinals elected him the first pope from the Americas in a bid to revive a Catholic Church in crisis and give it a preacher with a humble touch.

The former archbishop of Buenos Aires, Cardinal Jorge Bergoglio, entered the St. Mary Major basilica through a side entrance just after 8 a.m. (0700 GMT) and left about 30 minutes later. He had told a crowd of some 100,000 people packed in rain-soaked St. Peter's Square just after his election that he intended to pray Friday to the Madonna "that she may watch over all of Rome."

He told cardinals he would also call on retired Pope Benedict XVI on Thursday and celebrate an inaugural Mass in the Sistine Chapel, where cardinals on Wednesday elected him leader of the 1.2 million-strong church in an unusually quick conclave.

Francis, the first Jesuit pope and first non-European since the Middle Ages, decided to call himself Francis after St. Francis of Assisi, the humble friar who dedicated his life to helping the poor.

The new pope immediately charmed the crowd in St. Peter's that roared when his name was announced.

Waving shyly, he told said the cardinals' job was to find a bishop of Rome. "It seems as if my brother cardinals went to find him from the end of the earth, but here we are. Thank you for the welcome."

The 76 year old Bergoglio, said to have finished second when Pope Benedict XVI was elected in 2005, was chosen on just the fifth ballot to replace the first pontiff to resign in 600 years. In the past century, only Benedict, John Paul I in 1978 and Pius XII in 1939 were elected faster.

Francis spoke by phone with Benedict, who has been living at the papal retreat in Castel Gandolfo, and was to visit him on Friday, according to U.S. Cardinal Timothy Dolan. The visit is significant because Benedict's resignation has raised concerns about potential power conflicts emerging from the peculiar situation of having a reigning pope and a retired one.

Benedict's longtime aide, Monsignor Georg Gaenswein, accompanied Francis to the vist at St. Mary Major, the ANSA news agency reported. In addition to being Benedict's secretary, Gaenswein is also the prefect of the papal household and will be arranging the new pope's schedule.

Francis' election elated Latin Americans, who number 40 percent of the world's Catholics but have long been underrepresented in the church leadership. On Wednesday, drivers honked their horns in the streets of Buenos Aires and television announcers screamed with elation at the news.

"It's a huge gift for all of Latin America. We waited 20 centuries. It was worth the wait," said Jose Antonio Cruz, a Franciscan friar at the St. Francis of Assisi church in the colonial Old San Juan district in Puerto Rico. "Everyone from Canada down to Patagonia is going to feel blessed."

The new pontiff brings a common touch. The son of middle-class Italian immigrants, he denied himself the luxuries that previous cardinals in Buenos Aires enjoyed. He lived in a simple apartment, often rode the bus to work, cooked his own meals and regularly visited slums that ring Argentina's capital.

He considers social outreach, rather than doctrinal battles, to be the essential business of the church.

"As a champion of the poor and the most vulnerable among us, he carries forth the message of love and compassion that has inspired the world for more than 2,000 years — that in each other, we see the face of God," President Barack Obama said in a statement.

As the 266th pope, Francis inherits a Catholic church in turmoil, beset by the clerical sex abuse scandal, internal divisions and dwindling numbers in parts of the world where Christianity had been strong for centuries.

While Latin America still boasts the largest bloc of Catholics on a single continent, it has faced competition from aggressive evangelical churches that have chipped away at strongholds like Brazil, where the number of Catholics has dropped from 74 percent of the population in 2000 to 65 percent today.

Francis is sure to bring the church closer to the poverty-wracked region, while also introducing the world to a very different type of pope, whose first words were a simple, "Brothers and sisters, good evening."

He asked for prayers for himself, and for Benedict, whose stunning resignation paved the way for his election.

"I want you to bless me," Francis said in his first appearance from the balcony of St. Peter's Basilica, asking the faithful to bow their heads in silent prayer.
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JEFFERSON CITY, Mo. (AP) — Missouri lawmakers have given final approval to a bill that would renew tax credits for charitable causes but end them for international adoptions.

The legislation sent Wednesday to Gov. Jay Nixon would reinstate tax credits for food pantry donations that expired in 2011 and for donations to pregnancy resource centers and child advocacy centers that expired in 2012.

It also renews tax credits for surviving spouses of deceased public safety officers and for people who improve their homes to be accessible to the disabled.

But the bill halts state tax credits for people who adopt children from other countries or other states. It keeps adoption tax credits in place only for Missouri children with "special needs."
Thursday, 14 March 2013 04:27
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