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An apartment complex in St. Louis County has traded hands for $54 million.

Two Missouri social-equity licensees connected to a Michigan company that used Craigslist to recruit applicants have appealed the state’s decision to revoke their dispensary licenses. The Michigan company, Canna Zoned, was behind two of the 16 microbusiness dispensary licenses issued by lottery in October — Frankenstein Enemy LLC in Columbia and Seashore Rhythm LLC in Arnold. Both licenses were revoked on March 27. Their appeals will be argued before the Administrative Hearing Commission on…

A campaign to ask voters in Missouri to approve sports wagering says it has collected more than 300,000 signatures from residents, well above the threshold needed to place its initiative petition on the November ballot.

Key members of Congress announced an agreement Monday on a $105 billion bill to reauthorize the Federal Aviation Administration for five years ahead of a May 10 deadline. The 1,000-page bill would raise hiring targets for air traffic control and would codify in law a rule the Biden administration introduced this month requiring airlines to offer refunds for canceled or significantly delayed flights, among other consumer-focused provisions. The legislation also would add flights to Ronald Reagan…

A federal jury has convicted two St. Louis attorneys and a North Carolina insurance agent of conspiring to defraud the U.S. government of about $4 million total by operating a fraudulent tax shelter.

By lowering logistical and financial barriers, St. Louis is poised to become a melting pot for innovation in a key growth category in which the region is quickly becoming a leader, writes Keith Masback.

A Chesterfield-based infrastructure repair company has rebranded as it continues to grow through acquisitions.

The company is “working with advisers to explore strategic options and gauge buyer interest,” Bloomberg reported, citing sources familiar with the company’s thinking.

The Monarch Fire Protection District serves several different municipalities in west St. Louis County, and right now, it's facing challenges. Among them is not having enough equipment or equipment that's too old. So the district formed a community-led effort is called "Monarch NEXT" and is holding public meetings this week on a possible property tax increase. The district says some residents have to wait more than 10 minutes when they call 911. Monarch serves 80,000 residents in a nearly 63-mile…

The 39 North Agtech Innovation District organization this week will move into a new “Collaboration Hub” that will serve as its headquarters and aims to be a focal point for events and coworking within the district.

An investigation into accusations of misconduct by Missouri House Speaker Dean Plocher was dismissed Monday at the end of a tense hearing where members of the ethics committee blocked the chair from reading an email about how Plocher’s office had allegedly intimidated possible witnesses. The email, obtained by The Independent through an open records request, was from Lori Hughes, director of administration for the Missouri House. In it, Hughes detailed events over several months that she said…

An Anheuser-Busch heir is embroiled in a fight over a real estate investment trust with assets of more than $163 million.

The transaction, pending regulatory and shareholder approval, would boost UMB’s assets from $44 billion to $64.5 billion while staying at a 67% loan-to-deposit ratio, said Mariner Kemper, chairman and CEO of UMB Financial Corp.

While the store's owner had said he was going to have "a hard time" reopening the business after Saturday's damage, the shop will welcome customers sooner than initially expected.

Nestlé Purina PetCare Co., the St. Louis-based pet food maker, is investing $195 million to expand a Wisconsin facility, as it prepares to launch over 100 new products this year.

A push to eliminate Missouri’s requirement for children under 16 to obtain official work permits before they can begin a job could be debated by the House this week.  In order to work in Missouri, 14 and 15 year olds must obtain a certificate issued by their school, with information from their prospective employer about the details of the job as well as parental consent and age verification. The child’s school, or if they are homeschooled, a parent, must review that information to ensure…

The fast-casual Italian concept had operated at its old location for 37 years.

The Golf Foundation of Missouri, which provides golf programming for children in the city of St. Louis, has named a new executive director.

The operator of storage facilities in the Metro East sold the sites for nearly $15 million, as part of a larger sell-off of its storage facilities nationwide.

The nomination deadline for the St. Louis Business Journal's 2024 Most Influential Business Women Awards is Sunday, May 5. This program recognizes remarkable women who excel in their careers and make a big impact in their organizations and St. Louis communities. Submit your nomination by clicking here. When making a nomination, describe in detail the nominee's career accomplishments, as well as her involvement in the community, using tangible results. While many nominations include personal…