The board overseeing Missouri’s state employee pension plan voted down a proposal by state Treasurer Vivek Malek to sell off any investments in Chinese stocks and other securities.
On a voice vote last week, the 11-member board of the Missouri State Employees Retirement System rejected Malek’s call to punish the Asian economic powerhouse for COVID-19, spy balloons and the fentanyl crisis by pulling its pension investments in the Asian economic powerhouse.
China has become a bad investment…
A downtown St. Louis office building has sold for $7 million less than what it last traded for nearly five years ago, a transaction that comes amid continued use of remote work and a gradual increase in central business district office vacancy.
The big local player will team up with Mazars, the world's 11th-largest accounting firm, by acquiring its U.S. subsidiary. Although the two companies will maintain separate ownership, they will operate under a single, new brand once the deal closes in June.
The redeveloper of the vacant Jefferson Arms, a massive downtown St. Louis property along Tucker Boulevard between St. Charles and Locust streets, is suing a contractor it says was supposed to perform fire and utilities work.
A Cole County, Missouri, jury on Friday ordered Bayer to pay $1.56 billion to four plaintiffs who said the company's Roundup weedkiller caused their cancer.
Emerson Electric Co. said Monday it has invested in a Danish company that provides technology designed to lower emissions and energy usage in shipping operations.
Regulators at the Illinois Commerce Commission on Thursday unanimously approved rate hikes for four major natural gas utilities, but the little-known regulatory body’s decision was perhaps more notable for what it rejected.
The five-member board flexed its regulatory muscle, slashing the utilities’ requested rate increases by as much as 50%.
“This was an earthquake in Illinois utility regulation,” Abe Scarr, director of consumer advocacy group Illinois PIRG told Capitol News Illinois after…
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.