Metro-East News

Business briefing: Local wireless provider ranked among the best

A local wireless provider has been recognized among the area’s rising companies.

Wisper ISP in Belleville has been selected among the “Future 50” by St. Louis Small Business Monthly based on nominations received from readers.

The metro-east wireless company was established in October 2003. Founder Nathan Stooke has since expanded and bought out competitors in providing wireless Internet and cable service to municipalities, companies and healthcare providers such as BJC.

Stooke and his company will be formally recognized at an awards ceremony Aug. 19 at the Hilton Frontenac Hotel.

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The latest report from the farm is grain futures were trading higher early Thursday while beef trading was lower on the Chicago Board of Trade.

Wheat for September delivery is up 7.5 cents to $5 a bushel.

The December corn was 2.5 cents higher at $370.60 a bushel, while December oats were 2.5 cents lower at $2.37 bushel.

The November soybeans gained 7.5 cents to 9.1 cents a bushel. Read more here.

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Coca-Cola has a new president, creating an opening for the company’s second in command.

James Quincey has been promoted to president and chief operating officer, creating a new No. 2 position, who would report directly to Chief Executive Officer Muhtar Kent. Kent has been CEO since 2008. Find out more here.

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A federal appeals court wants more evidence of fraud after claims emerged from Hurricane Katrina in 2005.

The ruling upholds a jury’s insurance fraud ruling last month on behalf of whistle blowers who sued State Farm Fire and Casualty Co.

A three-judge panel of the U.S. 5th Circuit Court of Appeals has sided with the previous ruling that State Farm defrauded the National Flood Insurance Program through a false claim that the hurricane destroyed a North Biloxi home. Learn more here.

-Will Buss, BND business writer

This story was originally published August 13, 2015 at 10:58 AM with the headline "Business briefing: Local wireless provider ranked among the best."

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