Monsanto To Cut 1,000 More Jobs

St. Louis, MO (KTRS)  Monsanto says it will eliminate another 1,000 jobs as it expands a cost-cutting plan designed to deal with falling sales of biotech-corn seeds and other financial pressures. The additional layoffs will bring the St. Louis based company’s planned total cuts to 3,600 jobs, or about 16 percent of its workforce. In…

US Steel temporarily idling Granite City works

( KTRS ) U.S. Steel will temporarily idle its Granite City Works steelmaking and finishing operations, putting about 2,000 workers off the job indefinitely. The steelmaker did not indicate how long the shutdown would last in a two-paragraph announcement Monday afternoon. The company says the shutdown is the result of market conditions including fluctuating oil…