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HBM Holdings, one of St. Louis' largest privately held companies, has hired a former Emerson executive as its new chief financial officer.

Metro East-based Holland Construction has opened its new St. Louis office, which gives the company a base of operations for its Missouri projects and an upgraded workspace as the company grows in headcount and revenue.

Anders CPAs + Advisors, one of the region’s largest accounting firms, is making its first geographic expansion, opening an office in Chesterfield while keeping its headquarters in downtown St. Louis.

PenPath, a St. Louis-based technology startup that has created a data analytics platform for e-commerce brands, plans to expand its team and enhance its technology after securing funding from local investment firm Gilead Group LLC.

Business, like life, can be unpredictable. You never know when you might need extra cash to fund a new opportunity or an unbudgeted expense. That’s why it’s smart to explore your financing options before you need it. With a little planning, you can have a flexible source of funds in place to tap as necessary. You will discover alternatives for virtually every financial need. A business credit card – Your company may already use a business credit card for everyday expenses. A card is a…

When corporate finance professionals advocate for automating their accounts payable (AP) process, they often cite how automation brings down the cost of paying bills and reduces the number of paper checks that are written. But these conversations sometimes overlook another important way the digitization of the AP function can be leveraged to help an organization’s bottom line. Namely, it can help improve a company’s access to working capital, which can be especially valuable in periods of rising…

The growth trajectory of a business can be disrupted in many ways. Here are some strategies that can help you navigate everyday challenges and opportunities, as well as the tectonic shifts that can make or break a business. Be prepared Owners who stay current on issues affecting the economy, their market and their customers are better prepared to address changing conditions. They know when to adjust a product line, streamline a process or find a safer, more efficient way to pay invoices. Paying…

The Missouri Senate passed two separate tax relief bills Thursday as part of a bipartisan compromise effort. SB 143, sponsored by Sen. Doug Beck, D-Affton, is a combination of tax credits and exemptions pushed for by Democrats. The bill raises the tax credit limit for food pantry donations, exempts diapers and feminine hygiene products from sales tax and gives tax credits for consumers buying groceries in food deserts. SB 131 is sponsored by Sen. Rick Brattin, R-Harrisonville. The bill removes…

Electric scooter company Bird will return to St. Louis this weekend to test some of the new regulations in the city. In a press release, St. Louis Public Safety Director Monte Chambers said the company will have a "soft relaunch" in the city, with no more than 50 scooters downtown starting Friday. The company will use this weekend to ensure its technology will work to abide by the city's new rules. The new permit requires companies to cap speeds and limit the number of scooters in one area, and…

Washington University has hired a social work professor from Southern California as the next dean of the Brown School. The University said last week that Dorian Traube, a professor in the School of Social Work at the University of Southern California at Los Angeles, was appointed as dean of the Brown School, effective Aug. 1. WashU's Brown School offers graduate education in social work, public health and social policy. Traube will succeed professors Tonya Edmond and Rodrigo Reis, who have served…

The U.S. Environmental Protection Agency is giving the city of St. Charles and Ameren 21 days to reach an agreement for entry by Ameren representatives to investigate and work on the Elm Point Wellfield. In a letter signed Monday, the EPA is asking for entry by representatives of Ameren to access St. Charles property "for the purposes of investigating and responding to environmental conditions at this location." The letter states Ameren needs access to St. Charles property for monitoring existing…

St. Louis County must recognize the city police officer's union as the collective bargaining group for county prosecutors and investigators, an appeals court ruled Tuesday. The employees in 2018 voted to join the St. Louis Police Officers Association, but the county didn't meet with the union. The union sued the county in 2020, and a trial court upheld the 2018 secret ballot election. The county appealed that decision, arguing the election was void because it was not conducted by the Missouri State…

Homebuilder McBride Homes said Thursday that it plans to construct 26 townhomes on The Hill, near where it already constructed 58 single-family houses.

A Clayton resident, John Kemper spoke with the Business Journal about a wide variety of topics, from his tenure as chairman and CEO to why he sees opportunity in the St. Louis area compared to bigger cities.

There’s a new champion in St. Louis Inno Madness. Arcadian Infracom has claimed the bragging rights in the 2023 edition of St. Louis Inno’s bracket challenge. Nearly 5,400 votes were cast in the final matchup of Inno Madness, with top-seeded Arcadian besting No. 15 GiftAMeal in the championship matchup by just 36 votes. Arcadian joins Business Video School, the champion of our inaugural Inno Madness in 2022, as winners of the contest. Arcadian, founded in 2018, develops and operates long-haul…

The mortgage for one of St. Louis’ busiest malls was refinanced in what its owner says is a positive step toward post-pandemic recovery, but related documents show the mall's appraised value has dropped by $100 million from a decade ago as rents have fallen.

Quest Management Consultants, a St. Louis-based human resources consulting firm founded by former Saint Louis University basketball star Joe Wiley, has been acquired by human resources firm CMP of Dallas.

A trial will be needed to resolve the business dispute over the Fox Theatre, which puts on Broadway shows and other performances in Grand Center, an attorney said.

Missouri's former senior U.S. Sen. Roy Blunt will join Husch Blackwell Strategies' office in Washington, D.C., where he'll lead a new leadership strategies advisory services group at the lobbying firm. In an announcement Wednesday, HBS said the group will provide policy advice, evaluate a client's government risk and ensure clients receive "insightful support to navigate Washington ward positive outcomes." It also said Blunt, who retired earlier this year after serving in the Senate since 2011,…

The missed payments mean Diamond will enter into a 15-day cure period where it can make the payment without penalty.