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The CEO pay ratio compares total CEO compensation with compensation for the median-paid employee. Experts' opinions vary on whether the disclosure is useful or not.

Drugstore operator Walgreens Boots Alliance plans to close a Metro East warehouse next month, laying off nearly 400 workers.

After witnessing extreme poverty during a visit to Africa, Terri Stipanovich returned to the United States and started a nonprofit to empower women. The Collective Thread, located in a 7,000-square-foot space downtown, helps immigrant, refugee and undeserved area residents develop marketable skills as seamstresses.

Commercial Industrial Finance Inc. (CIF), a St. Louis-based equipment leasing and finance business, became Republic Bank Finance, effective July 1.

A new $106 million high-rise apartment tower is planned in Clayton on prime real estate owned by the St. Louis County Port Authority — a project that replaces a prior plan announced during the Covid-19 pandemic.

Chesterfield-based agriculture firm Bunge Ltd. said Wednesday that it has teamed up with a subsidiary of energy giant Chevron Corp. to acquire an Argentina-based seed company.

A fast-casual restaurant known for its chicken finger meals plans to open its second location in Metro East.

Nidec Corp., the Japan-based manufacturer of electric motors, has acquired a Louisiana business that will become part of its St. Louis-based unit.

A portfolio company of St. Louis-based private equity firm Thompson Street Capital Partners that provides communications and other managed technology services has expanded with its ninth add-on acquisition.

A company is planning its new corporate headquarters in St. Charles County, with the help of industrial bonds to be issued by the city of O’Fallon, Missouri.

Southern Illinois University Edwardsville posted the largest increase in research funding of all universities in the region. We sat down with the school's associate provost for research to hear more about what's happening in SIUE's research realm.

Millions of dollars in funding for St. Louis-area projects has been slashed by Missouri Gov. Mike Parson, who made 201 vetoes, cutting $555.3 million from the coming year's state budget.

ArchKey Solutions, the Fenton-based electrical and technology contracting company, said it made a number of leadership changes to support its long-term vision and growth.

Thompson Street Capital Partners, a St. Louis-based private equity firm, has expanded its mathematical optimization business Gurobi Optimization with an acquisition.

Bastian Solutions, an Indianapolis-based firm that provides material handling systems and supply chain technology, has opened a new facility to house its robotics division in St. Louis.

From the $8,000 set aside so the Lone Jack Police Department could buy rifles to $46 million for an allied health building at St. Louis Community College, Gov. Mike Parson’s veto ax fell heavily on earmarked spending as he finished work on the coming year’s Missouri budget. Parson announced his actions late Friday on the $51.8 billion budget approved by lawmakers in May, with only eight hours left before the start of the new fiscal year. In all, he made 201 vetoes, cutting $555.3 million by…

There is still time to make your nomination for the 2023 Champions for Diversity & Inclusion Awards program. The nomination deadline has been extended to Thursday, July 6. The program, which includes awards for an individual, a for-profit and a nonprofit, celebrates those who have shown exceptional commitment to advancing diversity, equity and inclusion in the workplace or in the St. Louis community. You can submit a nomination here. The winners will be announced in early August and profiled…

In my 30-year career, cost has always been an issue and concern among employers. As health care costs have increased, it’s become even more top of mind. When I first started in this business, we’d meet with employers’ human resources department to discuss health benefits. Now, the chief financial officers, chief operating officers and chief executive officers are at the table, because health care costs have risen so much. For many, it’s the second or third largest line item on their operating…

Three new studies highlight UnitedHealthcare cost-savings strategies, validating savings methodologies across key programs and confirming the ability to manage savings better than the competition. UnitedHealthcare is engaging third-party firms to help consultants, brokers and employers understand that a total cost of care strategy must extend beyond traditional discount analyses. According to three studies from Wakely Consulting Group, ZS Associates and Santa Barbara Actuaries (SBA), UnitedHealthcare…

If you own a privately held business, it is likely 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. They tell you they pay cash and can finalize the transaction 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 you…