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Monday, 18 March 2013 10:12 Published in Local News
NEW YORK (AP) - There may be another billionaire interested in New York City's top job. Jack Dorsey, co-founder of the popular social media service Twitter and the mobile payments startup Square, reportedly says he wants to be mayor of New York one day. Dorsey is from St. Louis. In an interview aired Sunday on "60 Minutes," CBS' Lara Logan said Dorsey is serious about moving to the Big Apple someday and running for mayor. Dorsey tells Logan that what he loves about New York is the electricity he feels when he's in the city. In Forbes latest ranking of the 400 wealthiest Americans, a list which requires $1.2 billion in net worth for entry, newcomer Dorsey was listed at No. 392. Current mayor, Michael Bloomberg, is listed at No. 10 with an estimated net worth of $25 billion. (Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.) Associated Press
St. Louis-based Patriot Coal is back in bankruptcy court today, much to the chagrin of coal workers, who say the company is trying to cut their retirement benefits. This afternoon, Patriot Coal will seek changes to their collective bargaining agreement with the United Mine Workers of America, saying the company can no longer afford to pay hefty benefits and health care coverage for union workers. In response, thousands of coal miners held protests last month in front of Peabody Energy Headquarters downtown. Peabody Energy is Patriot Coal's parent compant. Union leaders worry Peabody Energy will use Patriot's banruptcy to escape their own health care obligations. And they say Patriot is rewarding their highest executives with $7 million in bonuses. Patriot Coal says their reorganization is needed to save 4,000 jobs.
Thursday, 14 March 2013 17:37 Published in Local News
One person is dead and two others injured after a hit-and-run driver crashed into another vehicle in north St. Louis. Police say the suspect was driving a Ford Explorer Thursday afternoon when he first sideswiped a vehicle near Market and 9th. The driver didn't stop however, he continued down I-70, exiting onto Branch street when he ran a stop sign at North Broadway. There's when he T-boned a Pontiac with three people inside. The driver of the Pontiac was pronounced dead at the scene. The two passangers were taken to the hospital in critical condition. The Jaws of Life had to be used to rescue the survivors of the crash.