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Date:

Fri, January 02, 2009 12:04:46 PM

From:

AM Business Break by STLtoday.com

Subject:

AM Business Break: Tough economy drives many in St. Louis area back to school

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latest news Manufacturing index drops to 28-year low Manufacturing activity fell more than expected last month as new orders and employment continue to decline. [more] Recession in Midwest will worsen in the months ahead, survey says Business leaders suggest the recession will get worse in nine Midwest and Plains states. [more] GMAC gives up some GM car financing in bailout GMAC will no longer have exclusive rights to provide low-interest loans to people who buy General Motors Corp. vehicles. [more] Visteon cutting worker hours, pay in Michigan The automotive supplier says it will shift more than 2,000 workers to a four-day week and cut their pay by 20 percent. [more] Time Warner Cable and Viacom agree on fees The deal preserves access for the cable system operator's 15.7 million subscribers to the Nickelodeon network, MTV and 17 other channels. [more] Latest from the Associated Press best from today's Post-Dispatch Tough economy drives many in St. Louis area back to school A growing wave of people are going back to school in this down economy, learning new careers or sharpening their skills to boost their odds in the worst job market in a quarter-century. [more] Motorists expected to stay light on the gas despite falling prices SUVs stayed parked, and public transit ridership climbed. Consumers traded in larger cars and trucks for more fuel-efficient models. Some even rode bicycles to work or moved closer to their jobs. [more] National City's buyout is complete PNC Financial becomes the fifth-largest U.S. bank by deposits. [more] Private developer to build student housing near SLU Where the thirsty college crowd once sustained Laclede Avenue's thriving bar row, St. Louis University is adding student housing managed by a private developer. [more] Air Products is bucking the trend The expansion — which will add about 100 jobs to the company’s operation in St. Charles — is being built in two stages on a 13-acre site. [more] Repps Hudson American dream via a taxi cab. [more] Joe Whittington McCarthy, Pinnacle in contracting spate over Lumière Casino work. [more] More business news from the Post-Dispatch

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