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Supreme Court questions Missouri's role in student loan debt forgiveness suit

1 year 2 months ago
Missouri and its nonprofit student loan corporation, the Missouri Higher Education Loan Authority (MOHELA), were at the center of a high-stakes legal battle before the U.S. Supreme Court on Tuesday. Justices on the conservative-leaning court considered the financial future for tens of millions of Americans as Republican-led states argued to block President Biden's plan to forgive up to $20,000 in individual student loan debt. At least 26 million Americans have already applied for the forgiveness…
Mark Maxwell, KSDK

Is a recession looming? Look to accounting fraud for answers

1 year 2 months ago
Will the U.S. economy go into a slowdown or recession? Elevated risk of accounting fraud serves as a useful signal, according to our recent research. What is financial reporting and can it be manipulated? Publicly traded companies in the United States must issue quarterly financial statements. These accounting reports allow players in the economy to make better, more informed decisions. However, companies sometimes manipulate financial statements to hide their true state of business. For example,…
Matt Glendening and Ken Shaw

STLCC alumna and Bank of America president receives Distinguished Alumni Award

1 year 2 months ago
Instead of paying for his children’s education, Laurel Bush provided them with jobs at his Kentucky Fried Chicken franchise. Marilyn K. Bush used her hard-earned dollars from the family business to pay tuition for Visitation Academy of St. Louis and later, Saint Louis University. To save money, Bush transferred to St. Louis Community College at Meramec in 1981 to earn an associate degree. “My path to St. Louis Community College had a lot to do with the quality of the staff and educational courses…
St. Louis Community College

Suspect arrested after man shot in the head in downtown St. Louis

1 year 2 months ago
 The St. Louis Metropolitan Police Department is investigating the fatal shooting of a man Monday morning near downtown St. Louis' Globe Building. Police said shortly before 10 a.m., officers received a call for help regarding a shooting in the 700 block of North Tucker Boulevard. There, they found a man in his 40s who had been shot in the head. He was pronounced dead. A preliminary investigation found that the man was involved in a fight with another man at a nearby Shell gas station shortly…
Hayley Vawter, Clarissa Cowley

Molson Coors appeals call to discontinue Miller Lite ad claim that sparked ire of Anheuser-Busch

1 year 2 months ago
A program of the Better Business Bureau recently issued a recommendation that Molson Coors discontinue using the phrase "light beer shouldn't taste like water. it should taste like beer." While the ad didn't specifically call out beer competitors, St. Louis-based Anheuser-Busch challenged the ad through an expedited process through the BBB's National Advertising Division.
Margaret Naczek

St. Louis Battlehawks see high ticket demand after 2-0 start

1 year 2 months ago
The St. Louis Battlehawks are the talk of the town after their 2-0 start in the 2023 XFL season. The reimagined XFL launched in mid-February with the Battlehawks returning to the field. They started their season on the road against the San Antonio Brahmas where the Battlehawks completed a comeback win. Their second game of the season came against the Seattle Sea Dragons on the road as well. The Battlehawks would go on to win the game on a walk-off, 44-yard field goal from Donny Hageman. The…
Alli Hebel, KSDK

New sports bar, restaurant opens in downtown St. Louis

1 year 2 months ago
Soccer fans who want to grab a bite to eat and catch early morning matches now have a place to gather in downtown St. Louis. The Pitch Athletic Club & Tavern, located at Market and 20th streets on the northwest corner of St. Louis Union Station, opened its doors Monday. It sits across the street from St. Louis City SC's stadium CityPark. The Pitch is open seven days a week for lunch and dinner. It will open early on weekends for fans who follow international soccer matches, with breakfast served…
Kayla Wheeler, KSDK