Stifel Independent Advisors announced this week that that it added 23 financial advisors last year with more than $2.5 billion in client assets, raising the total assets under management to $6 billion. The firm has 114 affiliated advisors.
St. Charles County took a step to advance the $350 million Riverpointe riverfront redevelopment this week by turning over control of a county park to the city of St. Charles.
The parent of Bally Sports Midwest, the television partner of the Cardinals and Blues, said it will skip a debt payment due Wednesday. With potential bankruptcy on the horizon for the broadcasting group, the teams that use it to broadcast their games are making plans on how to operate.
Tuesday Morning Corp. has revealed plans to close more than half its stores across the country as the Dallas-based off-price retailer seeks financial and operational reorganization. Here's a look at the locations closing in the St. Louis area.
Just one week after announcing they were βtestingβ anti-theft technology, Hyundai and Kia have announced that technology is now rolling out for free to millions of drivers affected by a nationwide theft epidemic ignited by social media challenges.
Both automakers are the focus of a class-action lawsuit claiming the vehicles were defective because certain models built before 2020 did not have an immobilizing device that would prevent the car from starting if keys were not near the vehicle.
βKiaβ¦
One brand created a character that released a song available on streaming services. Another is planning a big presence at Mardi Gras festivities. Here's how local cannabis firms are getting creative as they comply with strict marketing regulations for their products.
St. Louis' reputation suffers because the city of St. Louis has landed on lists of the most dangerous cities in the world. But St. Louis fares better when its violent crime rate for the whole region is compared with other large U.S. metros.
All construction plans for commercial or residential plans in St. Louis County can now be submitted online, a milestone officials have worked toward for years.
Cardinals President Bill DeWitt III said the team has had conversations with several brands about the new sponsorship program that gives MLB teams the opportunity to sell logo placement on the sleeves of on-field player jerseys.
The spirits industry has yet another reason for a collective toast following a recent briefing from the Distilled Spirits Council of the United States.
St. Louis-based health care system Ascension, which runs numerous hospitals and clinics in southeast Wisconsin, faces scrutiny from U.S. Sen. Tammy Baldwin, who is seeking answers from the organizationβs CEO for what Baldwin calls βquestionable priorities that appear to go against its non-profit mission.β
Part of the restructuring process is set to include closing stores in low-traffic regions as Tuesday Morning pursues the optimization of its footprint and a focus on core and heritage markets. The retailer has four St. Louis-area locations.
John Mozeliak will remain with the St. Louis Cardinals for at least two more years after he and the team agreed to a contract extension.
Mozeliak will remain with the team through 2025.
βOver the next few years, we will focus on succession planning throughout baseball operations as well as work tirelessly to put a successful product on the field,β Mozeliak said in a news release.
βI am very pleased that Mo has agreed to continue heading up our Baseball Operations for the next three years,"β¦
The owner of Bally Sports Midwest is expected this week to miss a $140 million interest payment, beginning a process that could impact the finances of dozens of major league sports teams, including the Blues and Cardinals, which receive rights fees from the company to broadcast games. Leaders of the Blues and Cardinals spoke to the Business Journal about how they are navigating that uncertainty.
The appointment marks a significant milestone for the family owned business, which has about $90 million in annual revenue. It marks the first time the firm will be led someone who isn't a member of the family ownership.
Architectural Digest once called the boutique the "most beautiful independent store in Missouri." Now, its founder is starting an interior design business. Patrons used to tell her, "I want to live here." "That always ruminated in the back of my head," she said.