St. Louis biotechnology startup Wugen, which has raised more than $200 million in venture funding as it develops cancer-fighting drugs, has received two key regulatory designations it says will “expedite” evaluation of a drug candidate.
Gateway Fiber, a Wright City-based developer of fiber broadband networks, has secured $175.5 million in debt financing it says will aid its expansion into new markets.
Ascension, which was hit with a ransomware attack at the beginning of May, is hoping to make headway on its recovery over Memorial Day Weekend. Here's the latest updates from the hospital system.
After years of negotiations and continued opposition from service providers, Illinois appears poised to prohibit employers from using a federal exemption that allows them to pay individuals with disabilities less than the minimum wage.
The federal Fair Labor Standards Act of 1938 established minimum wage law, but created an exemption for businesses, rehabilitation and residential care facilities to pay disabled workers less than minimum wage if they obtain a special certificate permitted in Section…
A founder of the company, which was once touted as a spark that could return St. Louis to its former status as a fashion hub, claims the shutdown is only temporary as it seeks to either renew its lease or buy the building.
The grounding of the Boeing 737 Max 8 after crashes in 2018 in Indonesia and 2019 in Ethiopia that killed a combined 346 people altered the local asset manager's investment thesis.
“Our intention all along was for City SC to be about more than soccer — it is an investment in the economic and social vitality of our city and region,” the team’s ownership group said.
Another developer has dropped plans to build apartments at the site of a building deemed historic in the Central West End, and a representative of the owner said that the city’s historic restrictions there are preventing it from being developed.