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The plan is for the five officials to eventually take an ownership share in the company as part of a long-term succession plan.

A new lawsuit seeks class-action status for former employees of a shuttered hospital in south St. Louis, alleging that its owners violated federal law by failing to file notice of the facility's closure.

Joe Martinez had always declined offers from out-of-state firms looking to acquire Dallas-based Phlox Capital Management. Things changed when he listened to a podcast earlier this year and heard Krilogy CEO Kent Skornia speak.

Penny Pennington says she’ll never be replaced by artificial intelligence – nor will her network of financial advisors at Edward Jones.

A Mexican restaurant and retail counter is getting ready to open in St. Louis’ Southampton neighborhood, as El Molino del Sureste will open Saturday, Sept. 9, at 5005 S. Kingshighway Blvd.

A bank board member whose seat was eliminated before its CEO was fired says she would've asked more questions before any move to dismiss him.

St. Louis mortgage technology startup OptiFunder found itself near the top of the 2023 Inc. 5000 list, with revenue growth from 2019 to 2022 of 4,767%. It expects continued growth, despite headwinds in the mortgage industry, believing its technology can help customers save costs.

The St. Charles County Council on Monday voted down a proposal for a massive housing development along Highway DD. The council was met with loud applause by those in attendance when it voted unanimously during its regular meeting not to approve plans for the controversial 299-acre Tall Tree development in unincorporated St. Charles County. The development, which would have bordered the Busch Wildlife Conservation Area and Broemmelsiek Park, faced pushback from many local residents; on two occasions,…

A more than century-old hiring practice in the city of St. Louis came to an end Monday, and Mayor Tishaura Jones hopes it will help fill the city’s more than 700 vacancies. Since the city’s charter passed in 1914, if you wanted to work for the city, you had to live in the city. The legislature changed that, and the residency requirement was permanently lifted Monday. Jones marked the moment with a press conference flanked by city employees to encourage people to apply for city jobs – giving…

A third-generation family-owned roofing business in St. Louis has joined the portfolio of a local holding company.

Boeing is seeking a 50% real property tax abatement over 10 years for each building included in the project and a personal property tax abatement for the same percentage and number of years. The value of the tax break would be $155 million to Boeing.

Taking place Aug. 26-27 in Forest Park at Langenberg Field and the Boathouse, the festival featured performances by artists including Brandi Carlile, The Black Keys, Ice Cube and Sugarhill Gang.

Missouri's charter school regulator this month warned an institution that its fund balance as of June 30 was below the statutory minimum balance of 3%.

The business's lease, entered in 2020, called for the business to make monthly rent payments of $6,633 from April 2023 through March 2025, according to a lawsuit.

Webster Groves restaurant Olive and Oak said Monday it canceled an event that that was for Republican presidential candidate Vivek Ramaswamy.

Beginning Monday, a Missouri law will penalize drivers for using their cell phones while the car is moving. Inattention is a leading cause of collisions, said Captain John Hotz, director of public information and education for the Missouri State Highway Patrol. Between 2017 and 2021, roughly 380 people died in incidents involving a distracted driver, according to the Missouri Coalition for Road Safety. But law-enforcement officers can’t penalize someone just for holding a phone. A driver must…

A charter school is looking to convert a long-vacant industrial complex in south St. Louis as its new school campus, in a plan that would see some of the site's five historic buildings demolished while preserving others.

ControlTech Automation, a St. Louis-based electrical equipment manufacturer that's an operating company of privately held Barry-Wehmiller, recently moved to a new, larger facility.

GenAssist Inc., a St. Louis-based startup creating a sponge designed to provide muscle regeneration after traumatic injuries, plans to begin testing its technology on pigs after winning a federal grant.

A legal dispute arising from allegations of cheating at a major chess tournament played in 2022 in St. Louis has been resolved, parties to the matter said Monday.