(The Center Square) – A financial transparency expert is downplaying news that Illinois has received another credit adjustment from a credit reporting agency.
Moody’s Investors Service revised the Illinois’ outlook from “stable” to “positive,” citing continued improvement in fund balance and budget reserves. Moody's added that the positive outlook hinged on the possibility of continued growth in state revenue.
"We’ve had nine consecutive credit upgrades and we want to keep going,”…
A bill that would make Missouri the fourth state to ban Medicaid reimbursements to Planned Parenthood is on its way to the governor.
On Wednesday, the Missouri House in a vote down party lines approved legislation that would end Medicaid reimbursements to any health centers affiliated with abortion providers. Republicans are confident they’ve landed on a strategy that will finally stick after two failed attempts to pass a similar restriction through the state budget were struck down by state courts.
This…
Stifel's CEO, during an earnings call, offered his forecasts on interest rate cuts and inflation, while acknowledging the Fed is in a precarious position.
Boeing’s Defense, Space & Security unit reported $151 million in earnings in the first quarter this year, a turnaround from a $212 million loss in the same period of 2023.
The annual marathon staged by fitness nonprofit Go! St. Louis is expected to see an increase in participants, with several changes to this Saturday's event as part of its new backing from business group Greater St. Louis Inc.
Canada's Competition Bureau said Tuesday it has “substantial competition concerns” regarding a proposed merger of Chesterfield-based agribusiness Bunge Global SA (NYSE: BG) with Netherlands-based agriculture firm Viterra Ltd.
Oberweis Dairy Inc., which filed for Chapter 11 bankruptcy protection earlier this month, said Tuesday afternoon that it has found a buyer for "substantially all" of its assets. But later Tuesday, Hoffmann Family of Cos., a private equity firm with ties to St. Louis, said it also wants to buy Oberweis.
An O'Fallon, Illinois, restaurant permanently closed Tuesday after its owner said in a social media post that it "cannot continue operating financially."
In a post on O'Town Food Hall and Tap House's Facebook page Tuesday, owner Stephen Edwards said the restaurant has struggled with sales and staffing since the Covid-19 pandemic and could not remain open, saying, "... our often-extreme efforts have only realized minimal gains, if any."
The restaurant, at 1214 Central Park Drive in O'Fallon, Illinois,…
The owner of Industrial Steel Fabrication LLC in Hazelwood admitted to committing fraud between October and December 2019 during a lock-and-dam repair project on the Mississippi River.
A new golf training facility has taken up a former office space in Lake St. Louis. Elv8 Golf includes several golf simulators, a 3,000-square-foot short game practice area, a player’s lounge and gym.
A pair of bills in Jefferson City would make it easier for Missouri to compete for the kinds of multibillion-dollar advanced manufacturing megaprojects that are landing in rival states, writes state Rep. Brad Christ, R-Sappington.
During the Oracle Health Summit, Ascension President Eduardo Conrado shed light on his biggest fear for the health care industry and what needs to be done to manage it.
Since joining the bank in 2001, the new chief credit officer has managed the bank's credit risk and commercial underwriting, with the loan portfolio growing from $505 million to $2.1 billion, the bank said.
The parent company of a local bank completed an internal review of its agricultural loan portfolio and found it’s in “sound condition,” a bank executive said Tuesday.
A cafe and caterer will relocate to a larger space in downtown St. Louis, a move set to both triple its physical footprint and provide a hefty boost to its top line.
The St. Louis Blues are sitting out the National Hockey League playoffs for a second consecutive season, but that didn’t keep fans from packing Enterprise Center during the team’s regular season.
The buyer will relocate its headquarters from Denver to the 284-acre St. Louis County retreat where the aerospace giant hosted corporate training for two decades until the Covid-19 pandemic.
The Sugarfire/Hi-Pointe/Chicken Out restaurant group, which last year topped the Business Journal’s list of the largest locally based restaurant groups, is no more, but two of its concepts live on under separate ownership.
stLouIST