Daily business briefing: Millennium Hotel closes today

January 22, 2014 

The Millennium Hotel in downtown St. Louis will close its doors today, KMOV-TV reports. The 780-room hotel needs an estimated $80 million in upgrades and 80 employees are losing their jobs as a result. Read more at http://www.kmov.com/news. ...

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The 143 planes that the Boeing Co. delivered to China last year set a record, the St. Louis Business Journal reports. The company expects to deliver 140 aircraft to China this year. Find out more at http://www.bizjournals.com/stlouis. ...

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Subcompact cars are not measuring up. According to recent crash tests performed by an insurance industry group, none of the dozen 2013 and 2014 model minicars received the highest rating of "good." The Chevrolet Spark was the only car that earned the second-highest rating of "acceptable." Learn more at http://www.bnd.com/business. ...

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The price of oil is above $95 a barrel. The International Energy Agency expects to raise its demand forecast for 2014 by 90,000 barrels a day. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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