BizJournal 💲📰

A downtown hotel, located in a highly visible, 13-story historic building, will be put up for auction in March by a New York-based commercial mortgage lender.

For seven generations, Matt Helms’ family has operated a farm in Belleville. He carries on the family’s agriculture tradition in several ways, including his involvement with food and agriculture technology startups through BioGenerator Ventures, as well as creating a popcorn business he runs with his wife.

The new hire comes as UMSL has placed a growing focus on geospatial technology, inking a partnership in 2021 with the National Geospatial-Intelligence Agency that's aimed at preparing students to enter careers in geospatial intelligence.

It's no secret that the price of prescription drugs costs people more than just money, as millions struggle to pay for life-saving medications. Take the diabetes drug Ozempic. it costs more than $300 with insurance. Without it? Up to a thousand dollars, even at cost-saving pharmacies like Amazon and Costco. The issue itself is a national crisis. During President Joe Biden's recent State of the Union address, he spent several minutes vowing to bring down the cost of medications and going after…

The leaders of the Washington University Transgender Center at St. Louis Children’s Hospital said they will not place a moratorium on puberty-blocking medication for new patients despite calls from Missouri's attorney general to do so. Attorney General Andrew Bailey called for a moratorium on the medications for new patients last week in the wake of an article from a former employee of the center and an investigation from his office. In a letter to Bailey's office Tuesday, BJC HealthCare CEO…

The new so-called NIL collective will provide payments to student-athletes for charity work they complete as part of the NCAA's new endorsement policies. It is currently seeking donations from businesses and individuals.

Forest Park Forever, the private nonprofit conservancy with a goal to preserve Forest Park, has renovated its headquarters inside the park. Here's how it used a local architecture firm’s design to connect to the green space that surrounds it.

The St. Louis Symphony Orchestra's new season, which kicks off in September, will take place in temporary homes amid a $100 million renovation and expansion of its venue, Powell Hall.

The new headquarters comes as the cancer drug development startup charts a "rapid trajectory," expanding to nearly 90 employees since its launch in 2018.

A New York lender has obtained a more than $1.6 million default judgment against entities it says owned Missouri hospitals that have closed.

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 new executive joins the company from a long career in politics that included serving as manager of Gov. Mike Parson's 2020 re-election campaign.

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 “testing” 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. “Kia…

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.

The employees eligible to vote in the Dec. 20 election included full- and part-time room attendants, servers, bell persons and laundry attendants.

A subsidiary of a large Florida-based bank has acquired one of St. Louis' largest mortgage lenders.