BizJournal 💲📰

The Missouri law is designed to prevent corruption and the appearance of corruption, a federal judge ruled last week.

Frederick Eppinger succeeds H. James Dallas as chairman. Dallas announced in August 2022 he would step down by the 2023 annual meeting, but would remain on the board.

Jest Murder Mystery Co. puts on nearly 500 murder mystery dinner shows around the nation every year. We spoke with owner Leslie Franklin on her path to owner and how the company pivoted during the Covid-19 shutdowns.

The governor’s legacy project to invest nearly a billion dollars in upgrading Interstate 70 still isn’t part of the budget.

It’s time to crown a champion in St. Louis Inno Madness. After four rounds of voting, two companies remain in this year’s contest: No. 1 Arcadian Infracom and No. 15 GiftAMeal will square off in our Inno Madness championship matchup. As a reminder, seeding in the bracket was determined based on the amount of funding raised by each company and name recognition of the businesses nominated. Nearly 3,000 votes were cast in the semifinal round of Inno Madness, which included Arcadian Infracom besting…

Business group Greater St. Louis Inc. has taken sides in Tuesday's election, which will decide who sits on the city's new 14-member Board of Aldermen.

Dennis Moore, chief revenue officer of Major League Soccer franchise, St. Louis City SC, is departing the team for a C-suite role with the NFL's Denver Broncos.

Just shy of a year after its opening, Loading Bar, an arcade bar located at 6185 Bennett Drive, Suite C, in Edwardsville, is temporarily closed as its owner searches for a new space.

Armstrong Teasdale LLP has opened its 13th new office in the past five years by acquiring Chicago law firm Novack and Macey LLP. The acquisition bring Clayton-based Armstrong 25 lawyers and 22 staff members from Novack and Macey.

Six St. Louis-area companies rank among the nation's 300 most innovative, according to Fortune magazine.

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.

The 30-year fixed mortgage rate averaged 6.32% for the week ended March 30 — down from 6.42% the prior week.

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.