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A developer is eyeing property next to Interstate 55 in south St. Louis County for a new 121-home subdivision.

Major League Soccer franchise St. Louis City SC won’t participate in the 2024 Lamar Hunt U.S. Open Cup, a development that comes as MLS’ leadership has denounced the current state of the national soccer tournament.

A state-court judge on Friday OK'd Webster University's move to reclassify restricted endowment funds, amid financial challenges that threaten violation of lending requirements.

Boeing pulled out of Wichita in 2005, leaving Spirit AeroSystems as a breakoff company manufacturing fuselages and other components for Boeing and other customers.

A Missouri-based loan servicing organization pushed back Friday on allegations that it mismanaged a federal aid program, arguing the U.S. Department of Education is partially to blame for complaints included in a recent report. The Higher Education Loan Authority of the State of Missouri, better known as MOHELA, said in an emailed statement to The Independent that the company follows all guidelines laid out by the  U.S. Department of Education’s Office of Federal Student Aid. That, the company…

Tarlton Corp., one of the St. Louis region's largest private companies, has promoted a new chief operating officer.

A quickly growing cookie chain plans to open its first St. Louis-area store by early summer. But the company’s plans don’t stop there, as additional stores are already in development, with at least seven shops set to open in the region.

Budget restrictions, scheduling, quality, and safety are major pain points for commercial real estate developers. Engaging a construction expert like Poettker Construction early in the project’s lifecycle offers the client financial transparency, safety performance, quality construction, and schedule management. Advantages to the developer include having insight into industry constraints such as long procurement times and workforce shortages that may hinder a project’s timeline, ensuring potential…

Furthering its commitment of service excellence for clients and the St. Louis community, Busey Bank is pleased to offer enhanced services with the relocation of its Clayton service center to a larger, more all-encompassing facility at 190 Carondelet Plaza. “The new location is beautiful, especially with the inclusion of local artwork with our unique partnership with the Saint Louis Art Fair,” said Jeff Burgess, executive vice president and president of Busey Wealth Management. “By investing…

In a world where wars, pandemics and political crises loom large, understanding their impact on financial markets is more crucial than ever. The need for deeper understanding is what drove my colleagues and me to delve into how the mere prospect of these rare disasters influences stock market returns, offering insights that bridge economic theories with real-world investor behavior. Rare disasters — events catastrophic yet infrequent — pose a unique challenge to financial economists. They're…

Today, women are estimated to control one third of total U.S. household financial assets — more than $10 trillion. Generational influences, inherited funds and growing roles in corporate leadership have led to the evolving responsibilities of women when it comes to household economic decisions. As a result of this shift, wealth management advisors are seeing a higher demand from women seeking advice as they focus on their financial goals. Kathleen Edgecombe, senior vice president - tax and financial…

College isn’t for everyone by any means, but still, and it will remain so, college is vital and important for many.

I think there might be too many MBAs running companies. There should be more focus on the project or service itself, less time on board meetings, less time on financials. Tweet from Elon Musk on Dec. 10, 2020 Skepticism about the value and efficacy of an MBA program is nothing new. Prominent management scholars have voiced their criticisms about the value of getting an MBA over the years. Prefer and Fong, for example, argued in 2002 that an MBA is more about profiting business schools rather than…

Missouri American Water is working to identify and remove all lead customer service lines in the communities it serves by 2030, which is a voluntary goal above and beyond current federal requirements. Staying ahead of these federal requirements, this year the company will invest $100 million to identify and replace lead and galvanized steel service lines across the state. “Identifying and replacing lead service lines is an important part of our capital program for the next several years,”…

It matters that Candera Thompson’s ruby red hair is still visibly pigmented. To make sure Bask & Bloom Essentials’ products wouldn’t fade color-treated hair, Thompson dyed her own hair and tested them out. Lightly fluffing her textured strands, Thompson smiles and says the consistent curl pattern of her two-day-old twist out is owed, in part, to Bask & Bloom’s More Moisture Creme. The creme is one of more than a dozen products from Bask & Bloom Essentials, a hair-care line for women with…

The Cortex Innovation Community has added to its footprint in the Central West End, acquiring the former headquarters building of Legal Services of Eastern Missouri.

A man running for Missouri governor as a Republican is facing pushback from the state's GOP after photos recently resurfaced allegedly showing his ties to the Ku Klux Klan. The candidate, Darrell Leon McClanahan III, filed Tuesday to run for Missouri governor and almost immediately faced controversy. Former Missouri state Rep. Shamed Dogan tweeted a photo from the Anti-Defamation League (ADL) website reportedly showing McClanahan with KKK party members and standing in front of a burning cross with…

Former St. Louis Cardinals star Jim Edmonds has invested in a company that developed a football helmet it contends is lighter and safer than other products.

A portfolio company of St. Louis-based private equity firm Thompson Street Capital Partners has acquired a local pest control business.

The law firm has formed a cross-practice group of attorneys to represent clients in artificial intelligence-related matters, including advice on legal and regulatory issues governing AI and its risks.