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.
The project to build a $55 million advanced manufacturing center in St. Louis received a major boost as the Missouri General Assembly included $15 million in the state budget to support construction.
The firm, which already employs 100 agents in each of its two offices, said it was doing so much business in St. Charles County that opening an office there became necessary.
St. Louis cardiac rehab software startup Phas3 this week sold to Austin, Texas-based Ucardia, turning what began as a student research project at Saint Louis University into a startup exit.
Missouri's anti-LGBTQ legislation has created a hostile environment that exacerbates brain drain, chases away businesses and investment, and worsens our economic outcomes, writes Ranen Miao, a former two-time Washington University student body president.
Missouri Gov. Mike Parson on Wednesday asked for applications for those interested in replacing St. Louis Circuit Attorney Kim Gardner, who's resigning effective June 1.
Two proposals submitted by stockholders of Centene Corp. (NYSE: CNC) relating to executive compensation were not approved, according to preliminary results released at Wednesday’s annual shareholders meeting.
The Missouri House sent legislation to the governor’s desk Wednesday morning barring transgender youth from beginning gender-affirming care.
The bill passed 108-50. Only three Republicans joined every Democrat in opposition: House Majority Leader Jon Patterson, a doctor, Rep. Chris Sander, who is gay, and Rep. Gary Bonacker.
Democratic Rep. Peter Merideth of St. Louis asked Patterson, one of the legislature’s only physicians, why he dissented. Patterson commended the bill but said he can “see…
A Southwest Airlines Co. executive expressed optimism about the carrier's chances of reaching labor deals with its pilots and and flight attendants by the end of the year – but union leaders are less optimistic as the summer travel season approaches.
St. Louis Circuit Attorney Kim Gardner is asking a judge to quash the subpoena the Missouri Attorney General’s Office sent to Saint Louis University’s School of Nursing to find out how much time she is devoting to her degree rather than her office.
Gardner’s legal team is also asking the newly appointed judge overseeing Attorney General Andrew Bailey’s lawsuit to oust her from office to quash all of the documents the previous judge has ordered her to produce, according to court filings submitted…
A last-ditch effort to legalize sports wagering passed the Missouri House on Tuesday but immediately ran against opposition from the senator whose bill was modified to include it.
While the House has had no trouble passing sports wagering, identified as a priority by leaders of both parties as the legislative session began, the Senate has been unable to get past a fight between backers of a standalone bill and those who want to also legalize video lottery games in bars and truck stops.
The bill…
LaunchCode CEO Tasmyn Scarl has "departed" the St. Louis technology training nonprofit, it said Tuesday, after she was on the job less than two months.
I hear the same story over and over: Missouri employers have the jobs, but we just can’t find the people to fill them. A new program will make it easier to train the workforce we have to build our own talent.
stLouIST