Steel manufacturer Esmark Inc. said Monday afternoon it had made a cash tender offer for United States Steel Corp. in what could shape up for a battle between Esmark and Cleveland-Cliffs for the century-old Pittsburgh company.
The holds come as Missouri’s recreational cannabis market, which launched in February, has seen higher-than-expected demand and sales in the past six months cause a supply crunch, causing wholesale prices to skyrocket and retailers’ profit margins to shrink.
A municipality in St. Louis County hopes to create more affordable housing through legislation requiring affordable housing units from developers who seek incentives, along with a new tenants' "bill of rights" designed to provide protections for renters.
Locally-based alumni of St. Louis' major sports franchises assume that their ranks will continue to diminish over the years. “I think that’s because of the money. They can go live wherever they want.”
The company — which previously only operated in the automotive business, transporting vehicles for businesses like dealerships, fleet-management companies and car manufactures — stood up a freight division on Aug. 1, after spending a little over a year shoring up its automotive operations, its founder said.
The Urban League will find candidates for jobs, similar to how it worked with SSM to fill jobs as the new Saint Louis University Hospital opened during the most stressful periods of the Covid-19 pandemic, said Michael McMillan, president and CEO of the Urban League.
Maryville University has dropped plans for an esports arena and dormitory that would have been located in an aging shopping center less than 2 miles from the school’s Town and Country campus.
Ameren Corp., a publicly held energy utility serving Missouri and Illinois, said Monday that Executive Chairman Warner Baxter will retire from the company and its board of directors, effective Nov. 2.
Cleveland-Cliffs, an Ohio-based steel producer, disclosed Sunday afternoon that it had made an offer for United States Steel Corp. that was rejected by the Pittsburgh-based company's board. Cleveland-Cliffs said it was still willing to engage in talks to reach a merger agreement.
Gov. J.B. Pritzker on Friday vetoed a bill that would have lifted a 1980s moratorium on the construction of new nuclear reactors.
The bill passed in May with three-fifths majorities in both legislative chambers, meaning that if all of the members that voted for it also support an override of the governor’s veto, it still could become law. Its Senate sponsor, state Sen. Sue Rezin, R-Morris, said she has already filed paperwork to bring the bill up in the legislature’s fall veto session scheduled…
The state of Illinois' ban on high-powered weapons and high-capacity magazines passed a state constitutional test Friday as it awaits a potentially more daunting challenge on the federal stage.
In a split decision, the Democratically controlled Illinois Supreme Court ruled 4-3 that the law characterizing dozens of firearms as “assault weapons” and preventing their manufacture and sale in Illinois does not constitute “special legislation.” Devices used to make guns fire more rapidly are also…
An elementary school-turned-senior living center in Florissant has been repurposed into a more modern apartment complex catering to people 55 years of age and older.
Paul Hamilton — who alongside his wife, Wendy, helms Hamilton Hospitality, the St. Louis-based restaurant group behind Eleven Eleven Mississippi, Hamilton’s Urban Steakhouse & Bourbon Bar and Winnie’s Wine Bar — said the change is a double-edged sword.
Sports teams employ a wide range of marketing tactics to sell tickets for their least attractive games, and to make their most popular matchups more lucrative.
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