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Expect big delays this weekend. I-44 will be fully closed downtown for roadwork

2 years 3 months ago
Drivers who take Interstate 44 downtown will need to take an alternate route starting Friday, Sept. 23, as crews work to replace ramps. Starting 7 p.m. Friday, both the eastbound and westbound sides of I-44 will be closed between the Stan Musial Veterans Memorial Bridge and the I-44/Interstate 55 split, according to the Missouri Department of Transportation. Ramps from I-44/I-55 to eastbound Interstate 64 and from westbound I-64 to westbound I-44/southbound I-55 will also be closed at the Mississippi…
Jennifer Somers, KSDK

Hyundai and Kia refuse St. Louis mayor's demand to install anti-theft technology

2 years 3 months ago
The deadline for Hyundai Motor America and Kia is up. The automakers had 30 days to respond to a demand letter from the city of St. Louis to recall their vehicles and install anti-theft devices to stop a theft epidemic involving their cars or face a lawsuit. In their responses, the companies refused to recall their vehicles, disagreed with Mayor Tishaura Jones’ characterization of their products and said they are taking some steps to address the problem. Kia’s attorney suggested a new type…
Christine Byers, KSDK

How your company could benefit from the Inflation Reduction Act’s newly expanded research and development tax credit

2 years 3 months ago
While other portions of the Inflation Reduction Act have garnered more media coverage, startups, particularly those involved in technology or biotech, should pay particular attention to the news around the expanded research and development tax credit benefits for startup companies. Previously, the tax credit allowed eligible early-stage companies to use up to $250,000 of their research and development (R&D) tax credit to offset a portion of their federal payroll tax liability. This allows for startup…
Dave Finklang

Talk of recession doesn't deter St. Louis students seeking finance jobs. 'You’re almost their savior.'

2 years 3 months ago
The Federal Reserve has approved its third consecutive interest-rate increase of 0.75 percentage point, leading to more volatility in the stock markets. But students showing for a finance career conference said they're not deterred from jobs in the industry. "If I can be a hero and help people retain more money, I could help them keep up with inflation."
James Drew

What Straub's learned from an over-expansion, and how the 5th generation to run the grocer targets quality

2 years 3 months ago
Jack “Trip” Straub III said his family learned an important lesson more than a decade ago when it tried to expand its upscale grocery chain farther to the west. In December 2008, Straub’s Fine Grocers opened a new store in Ellisville, its first since 1966 and larger than the others in the Central West End, Webster Groves, Clayton and Town and Country. A deep economic recession gripped the country, but there was another factor why the store closed in less than a year, said Straub, the company’s…
James Drew

Construction to begin soon on new police precincts in North, South County

2 years 3 months ago
Construction will begin soon on two new St. Louis County police precincts, one in North County and one in South County. St. Louis County Executive Sam Page made the announcement at a Wednesday morning news conference. The $27.6 million for the precincts comes from the Prop P public safety sales tax passed by voters in 2017. Precinct 3, known as the Affton-Southwest Precinct, will move from its current leased space on 5030 Griffin Road, which was a temporary space needed after the previous precinct…
Kelsi Anderson, KSDK

Healthy vending machine startup expands to St. Louis

2 years 3 months ago
The startup in recent weeks launched its first vending machines locally, and it is expanding to more than a dozen locations here. The market entry is a homecoming of sorts for the brand, as its founder and CEO is a Washington University graduate.
Nathan Rubbelke