Aspiration Partners Inc., a Los Angeles-area financial technology company, is cutting about 180 workers across the business in a restructuring, including a handful working remotely in St. Louis.
Officials in Bridgeton are seeking proposals from developers to create an “industrial front door” to the city on 500 available acres, about 10 minutes from the airport.
A $10 million ground-up apartment project in Lafayette Square, delayed for years by the pandemic, will soon start construction, bringing a new type of apartment to the St. Louis market.
For many families, a family-owned business can provide the primary source of income. Whether structured as an S-Corp or a C-Corp, whether the business is owned by shares of stock or wholly individually, every business has a value. Even if one spouse was responsible for the development of the business or is the main rainmaker in the business while the other stayed at home or was otherwise employed, the value of the business is usually a marital asset subject to division by the court in the case of…
COVID-19 taught us hard-learned lessons about the importance of equitable access to affordable health care. Missouri’s employers have always played a central role in the health care system. Our community needs business leaders to once again be a steadfast resource for their employees as we prepare for upcoming changes in health care access. Starting next month, some of your employees covered by Medicaid could lose access to their health plan following the resumption of Medicaid redetermination,…
Nonprofit organizations play vital roles in modern societies across a wide spectrum, including the arts, medicine and education, and their endowment funds provide billions of dollars annually to support the missions of the organization they serve. Due to their typically low liquidity needs and infinite investment horizons, endowments can invest in illiquid asset classes, such as private equity and venture capital. However, such an approach to investing, often referred to as the endowment model pioneered…
St. Louis Community College has been chosen as a partner to deliver workforce training in the critical area of bioscience. The $2 million initiative is funded through Missouri’s American Rescue Plan Act (ARPA), a $30 million competitive grant program administered by the Missouri Department of Economic Development.
The college is supporting the establishment of BIOTECH for MO, one of the first bioscience industry-led, statewide workforce training effort. Leading this effort is BioSTL, a nonprofit…
Black Sheep Ammunition, a recently formed manufacturing company specializing in small-caliber ammunition for use at shooting ranges, plans to invest $2.9 million to build out a production facility in Union, Missouri.
Bally Sports Midwest, home of televised broadcasts of St. Louis Cardinals and St. Louis Blues games, has lost an estimated 1.9 million subscribers in the last decade as the cord-cutting phenomenon gained momentum amongst viewers.
Major League Soccer franchise St. Louis City SC in recent months has expanded its real estate holdings in Downtown West, purchasing a pair of buildings just north of its CityPark stadium.
Dubbed 4 Hands on the Plaza, the brewery’s shipping container bar will be stationed in Kiener Plaza for the duration of Cardinals season, the company’s chief marketing officer Liz Swyers said.
Build-A-Bear Workshop Inc., the St. Louis-based toy retailer and entertainment company, has hired a new marketing chief and, separately, an entertainment and licensing consultant.
This group of executives and entrepreneurs represents companies from across the nation, including women who’ve launched their own companies and who’ve become Fortune 500 C-suite leaders. See which St. Louis executives made the list.
Announced cuts to Metro's Call-A-Ride service could be harmful the region's disabled population. Amy Wehmeier of Paraquad is calling for a delay in the changes "while people of goodwill from many sectors meet to find a solution that works for all of us."
The St. Louis region will add more than 81,000 jobs between 2020 and 2030, according to the U.S. Department of Labor. Here’s a look at the highest-paying jobs with the most projected openings.
The network’s members set a goal of increasing the amount they spend this year on payroll and procurement in the 22 ZIP codes by 10%. Payroll is for Black and Hispanic residents and procurement for businesses owned by people of color. If that goal is met, it would represent a projected $50 million increase in direct investment, said Stefani Weeden-Smith, director of the Anchor Action Network.
The startup's software, which connects students with employees, wants to give students of all backgrounds the ability to path out their careers and engage with colleges, universities and the military.
The organization, founded in 2015, has proven to be so successful in its mission of broadening the reach of the construction industry that it’s now expanded to two other cities, Chicago and Phoenix, in programs that are customized for those cities.
Starting in 2025, the 800-megawatt project will be used by the city of Chicago to power its government buildings, O’Hare International Airport and Chicago Midway International Airport, and State Farm will purchase the equivalent in solar energy to what is used to power its corporate campus in Bloomington.