Illinois U.S. Sen. Dick Durbin and U.S. Rep. Jerry Costello sent a letter Wednesday to Olin Corp. President and CEO Joseph Rupp asking him to not move 1,000 jobs from East Alton to Oxford, Miss., and requesting a meeting to learn what incentives Mississippi is offering. (OLN)

Apple Inc. is reportedly renewing efforts to get TV networks to offer their shows on iTunes for as little as 99 cents per show. (AAPL)

Brown Shoe Co. Inc. reported a second-quarter profit of $5.3 million, compared with a loss of $4.2 million in the prior-year period, beating analysts' expectations. (BWS)

European regulators have approved Emerson's planned $1.5 billion acquisition of British power supply company Chloride Group. (EMR)

Patriot Coal Corp. said late Tuesday that Paul Vining stepped down as president and chief operating officer, effective immediately. (PCX)

Drunken Fish Sushi Restaurant and Lounge will wade into the former Bice Bistro space in the Kansas City Power & Light District, bringing the award-winning St. Louis concept to the other side of Missouri.

1st Financial Federal Credit Union has named Frank Nelson president and chief executive, succeeding Nina Pilger.

Two St. Louis-area companies have made Inc. Magazine’s annual list of the 500 fastest-growing companies.

Illinois has lost out on a slice of $3.4 billion in federal school funding from the U.S. Education Department as part of its Race to the Top competition.

C&R Mechanical Co. in Bridgeton promoted John Eilerman to president and chief operating officer.

Kaldi’s Coffee hired SteadyRain, a privately held St. Louis Internet strategy, design and development agency, to upgrade its online business to bring in more revenue.

ISS Facility Services plans to lay off 50 workers in Springfield, Mo., next month, or nearly half its work force there.

Food-and-facility services giant Aramark laid off 78 workers in St. Louis last month.

Chesterfield Mayor John Nations, a partner at Armstrong Teasdale law firm, was named the new president and CEO of transit agency Metro on Tuesday.

A Hispanic group opposed to Arizona’s Senate Bill 1070 immigration measure has launched a boycott of Budweiser beer and the Phoenix-based Anheuser-Busch distributorship headed by Cindy Hensley McCain.

Kuna Foodservice, a distributor serving restaurants and other foodservice operations in the St. Louis region, announced the formation of Kuna Retail, a new division focused on serving retailers such as grocery stores and butcher shops.

Suddenlink Communications will offer NFL Network and NFL RedZone as part of the agreement that NFL Network reached with the National Cable Television Cooperative, of which Suddenlink is a member.

Total enrollment at the University of Missouri–St. Louis surpasses last year’s record of 16,548, an increase of 3 percent.

The Missouri State Employees’ Retirement System (MOSERS) said Monday its investment portfolio generated a return of 14.3 percent for the fiscal year ended June 30.

Community radio station KDHX 88.1 FM said Monday it plans to move to the Grand Center arts and entertainment district in midtown St. Louis after receiving a gift of space at 3524 Washington Ave.