BizJournal 💲📰

A local franchisee of the fresh-baked cookie business on Friday opened a new St. Louis-area store.

The information sought from Edward Jones, Stifel and Wells Fargo comes eight months after 16 Wall Street firms with “widespread and longstanding” record-keeping failures paid $1.1 billion in penalties.

A south St. Louis County apartment complex has been sold for more than $20 million.

Income before allocation to partners increased from $361 million in the first quarter of 2022 to $401 million in the first three months of this year, according to the filing.

The Saint Louis Zoo said Friday it will build out by 2026 a new $40 million exhibit, on the site of the former Children's Zoo that now contains a dinosaur-themed attraction.

Two influential business groups on Friday called on St. Louis' elected leaders to set homicide reduction targets as part of development of a regional crime reduction plan, arguing that the area's high murder count is negatively impacting the economy not only in loss of life but also as a "leading barrier" to growth.

Quaker Puffed Rice and Corn Flakes and real estate… I never thought they would complement each other.

St. Charles County Executive Steve Ehlmann said Thursday he's "happy" state lawmakers in Jefferson City have had a robust discussion about how to reduce St. Louis crime, even if measures he backs, like returning control of city of St. Louis police to the state, ultimately fail.

St. Louis County Councilman Ernie Trakas is questioning the cost of two Metropolitan St. Louis Sewer District projects, which the public entity admits will cost $900 million but says are mandated by regulators.

Imo’s Pizza last week introduced a new limited-time menu offering. The specialty pie marks a change in strategy for the iconic purveyor of St. Louis-style pizza, as the family-owned company is adapting to what it called a “shifted,” post-Covid marketplace.

Give STL Day, the annual fundraiser benefiting local nonprofits, raised over $3.8 million during this year's 34-hour event, reported officials with the St. Louis Community Foundation, which administered the event.

CRG, long the development division of construction firm Clayco, has changed its leadership structure to add its first CEO and establish itself as more of a standalone enterprise.

St. Louis Inno has extended the nomination deadline for its 2023 Startup Exit Awards and Fire Awards, both of which will celebrate the region’s top startups and innovators. Nominations are now due Friday, June 2.

American Metals Supply, a Hazelwood-based wholesale distributor of sheet and coil steel, prefabricated duct and other HVAC materials, has been acquired by a Minnesota distributor.

There is still time to make a nomination for the St. Louis Business Journal's 2023 Most Influential Business Women Awards program. The nomination deadline has been extended to Sunday, May 21. This program recognizes remarkable women who excel in their careers and make a big impact in their organizations and St. Louis communities. You can submit a nomination by clicking here. READ: Meet the 2022 class of Most Influential Business Women honorees When making a nomination, describe in detail…

If you own a successful privately-held business, it is possible you have received a call from a private equity firm telling you they have specifically targeted you and want to buy your business. You have heard now is a good or even great time to sell. The price they offer seems reasonable or even good. The buyer tells you they pay cash and can get it done quietly. “It will be quick, easy and fast. No need to shop the deal or talk to your lawyer, of course. We do this all the time.” What should…

The St. Charles Parks and Recreation Department announced Wednesday that the McNair Aquatic Facility will permanently close. The decision came after "facing major functionality and infrastructure issues," according to the department's Facebook post. The latest issue was a "substantial leak" underneath the pool shell. The leak was capable of draining the 165,000-gallon pool in days unless it was continuously being filled. "Since the 2014 Aquatics Facility Audit leading to Prop P and rebuilding…

Amdocs Ltd., the Town and Country-based provider of software and technology services to communications and media companies, has inked a $90 million deal to purchase a business unit from another technology firm.

Aircraft analyst Richard Aboulafia said the legal battle boils down to the terms of the contracts between Boeing and GKN. If GKN had a way of getting out of those contracts, it’s OK. If not, it’s “in a world of hurt,” he said.

St. Louis startup Clever Real Estate, which has created technology that connects home sellers and buyers to real estate agents, has raised $2 million in funding.