Eight years after Sam Altman co-founded OpenAI, the company's board of directors has removed him as its chief executive and appointed CTO Mira Murati as interim CEO, effective immediately.
The combined revenue of the top 10 companies on the Largest Privately Held Companies List for 2023 makes up 62% of the total combined revenue for all the firms listed. Check out more data on all 150 companies on this year's list in graphics.
St. Louis-based startup Inclusively, which has developed software to help employers manage staff with workplace accommodations, has raised $13 million to deploy a new technology platform it has launched.
Robert Vitale, chief executive of Brentwood-based Post Holdings Inc. (NYSE: POST), will undergo cancer treatment, he said Friday during the company’s fourth-quarter and fiscal year earnings call.
A St. Louis apartment developer whose project was recently the subject of a federal subpoena has dropped a plan to build apartments at a Central West End site.
Secretary of State Jay Aschcroft will try again to salvage the ballot summary he wrote for abortion rights initiative petitions with an appeal to the Missouri Supreme Court.
Ashcroft’s language has been savaged in opinions from two courts, most recently when the Western District Court of Appeals ruled his summaries are “replete with politically partisan language.”
In a Thursday interview with The Independent, Ashcroft said notice will be filed with the state’s highest court seeking a review…
A provider of electronic health care records plans to lay off 84 of the workers at a St. Louis-area office following the company's recent sale to a private equity firm.
When officials from Spiegelglass Construction tell new clients the year the Maryland Heights-based construction firm was founded, they know the reaction will usually be an interesting one. It’s understandable — since it can be unusual to hear that a company has been operating continuously since 1904.
“You can see it on their face that it’s something they just don’t hear very often,” said Tim Spiegelglass, president of the firm and the fourth-generation leader of the longtime family construction…
The Boeing Co. is donating $4 million to 38 nonprofit organizations in the St. Louis area, with a focus on the Ferguson-Florissant, Riverview Gardens and East St. Louis areas.
“Growth is something that can be managed really well and you have different strategies with it,” Bowles told reporter Nathan Rubbelke. “You’re coming out of a period where many, many companies — including us — were in a growth at all cost (mindset) and now you switch strategies to growth responsibly, which is very different.”
The region's fastest-growing private company built its success off making home sales more efficient. But now that the market's cooled, it's shifted its focus onto a new part of the transaction process.