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EDWARDSVILLE, Ill. (AP) - A southwestern Illinois high school student and his parents will get $910,000 under a jury award related to injuries the teenager sustained in a bicycle accident.
The (Alton) Telegraph reports that Edwardsville High School student Trevor Brady says he plans to use some of the money for college tuition. He'll receive the money under a jury verdict last week in Madison County.
The trial involved Brady's lawsuit against Plocher Construction Co., which was building a new office building in Alton and admitted it misplaced a steel beam that Brady hit while bicycling to middle school in March 2010.
The accident left Brady with facial injuries and missing teeth.
Brady's lawyer argued for $3.3 million, while an attorney for Plocher suggested $250,000. Plocher's attorney declined to publicly discuss the verdict.

AB Inbev expands reach

Monday, 20 January 2014 10:13 Published in Local News

In what is a nearly $6-billion deal, Anheuser Busch InBev is reacquiring Oriental Brewery, South Korea's leading brewery. The St. Louis Post Dispatch reports that AB-InBev sold the company in 2009, following its acquisition of St. Louis-based Anheuser Busch.

Oriental Brewery has an exclusive license to distribute AB InBev brands including Budweiser and Corona in South Korea. Beer sales in South Korea grew 2 percent from 2009 to 2012, and premium beers grew 10 percent annually.

The country's beer market is expected to increase by more than 13 percent between 2012 and 2022.

Build-a-Bear looking to rebuild business strategy

Monday, 20 January 2014 09:44 Published in Local News
OVERLAND, Mo. (AP) - The new chief executive of Build-A-Bear Workshop Inc. sees a comeback in the near future for the Missouri-based company.
The company, which allows customers to customize and "build" stuffed animals, has seen its sales decline since in 2007, with only one profitable year in the last four years.
Sharon Price John, who became chief executive officer of the Overland-based company six months ago, says she is optimistic that changes initiated recently will help the company turn around.
The St. Louis Post-Dispatch reports John made her case to investors in a meeting last week at a conference in Florida.
She says the company declined in part because it did not respond to economic changes. Among other moves, the company is closing 60 underperforming stores and is updating its marketing.
 

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