BizJournal 💲📰

Spectrum Healthcare Resources, a St. Louis-based provider of health care services to military and government employees, says it will cut hundreds of workers after losing a contract.

Missouri Secretary of State Denny Hoskins' office is investigating a complaint that St. Louis County Executive Sam Page's administration spent public money to oppose a ballot proposition being voted on Tuesday.

The Missouri Senate approved a proposed tax cut Monday despite questions about whether official estimates truly reflect how much it would reduce state revenue. By a 27-6 vote, with the 10 Democrats evenly split and all but one Republican in favor, the bill now heads back to the House, where its sponsor, Republican state Rep. Chad Perkins of Bowling Green, intends to bring it to a final vote. Earlier in the afternoon, the cost estimate for the bill exempting long-term capital gains — profits from…

Many restaurants have long operated on thin margins. Explosive salary growth has only made it more challenging. Here's how the St. Louis area compares with national data.

A Brentwood office building has traded hands, after being acquired by a new tenant.

Sen. Mary Elizabeth Coleman recently announced that she’s not running for re-election. Who could replace her?

Wine distributors and importers are pausing shipments amid uncertainty with costs, an official with a local shop said.

Levels of distressed real estate debt are rising in the St. Louis region, according to an analysis from a real estate data analytics firm.

A publicly held global insurance company has added to its St. Louis-area footprint with the acquisition of a local brokerage.

President Trump's DEI orders have companies and organizations that depend on government contracts facing an uncertain future. It's no small matter in St. Louis, where the contracts are big business.

Ballpark Village’s Budweiser Brew House will reopen this month after $4 million in renovations that have brought new concepts to the venue.

President Trump has ordered a fresh review of a major steel industry acquisition that was previously blocked, potentially changing the landscape of American manufacturing.

Financial markets swung wildly Monday as investors continued to grapple with President Donald Trump's large tariffs unveiled last week.

A new lawsuit says that grants given under a St. Louis program seeking to boost North City were "entirely unjustified," as it seeks an order preventing more disbursements.

United States Cellular Corp. said it's cutting some 4,100 positions, including some in Missouri and Illinois, as part of its plan to sell its wireless operations to T-Mobile US Inc.

Shocks from President Trump's aggressive tariff announcements could lead to "recessionary conditions," according to a note released Monday by the Federal Reserve Bank of St. Louis.

St. Louis County lawmakers are accusing County Executive Sam Page of improperly using tax money for campaign mailers against a controversial ballot initiative, being voted on Tuesday.

The price tag for a tax cut poised for passage in the Missouri General Assembly is likely many times bigger than estimated, and lawmakers should learn more before voting, the research director of the left-leaning Institute on Taxation and Economic Policy said last week. On Monday afternoon, the state Senate Fiscal Review Committee will hold a hearing on a bill to exempt income from long-term capital gains from the state income tax. The bill would create the deduction immediately for individuals…

The deadline to submit your nomination for the 2025 Business of Pride program has been extended to Sunday, April 13. The St. Louis Business Journal is again seeking nominations for its Business of Pride program, which recognizes and celebrates outstanding LGBTQIA+ business leaders and companies that are advocating for inclusion and equality in the St. Louis region. Click here to submit your nomination now. Individuals and companies will be recognized in the June 20 issue of the Business Journal.…

At First Bank, we envision a future where our time, attention and charitable funding collectively help shape a more positive future for generations to come. First Bank Chairman Michael Dierberg and CEO Mikel Williamson are passionate about supporting educational options for all young people, but especially those from historically disadvantaged communities. Although our banking products and services are modern and sophisticated, we are at our core a community bank. As a key component of our foundation,…