BizJournal 💲📰

The decision follows other setbacks for Centene, including the loss of major California work and Medicaid over-billing claims.

KC Custom Hardwoods is embarking upon a nationwide expansion plan, including St. Louis, that will start with a showroom in South Johnson County.

Nick Akers, who founded a St. Louis startup in the early 2000s, is on the hunt for his next business venture. He's launched a "search fund," with the help of a Swiss firm, to find a business to purchase.

The location is just the company's fourth location nationwide, though capital from one of the world's biggest investors will fuel further growth.

Illinois lost 104,437 residents during the year ended July 1, the third-worst performance among U.S. states, according to estimates released by the U.S. Census Bureau Thursday. Missouri gained 8,134 residents, according to the estimates, the 22nd-best performance. The Illinois Policy Institute, a free-market think tank, said Illinois continues to see a natural increase in population as births outpace deaths, "but by an increasingly narrow margin." "It also is gaining residents from abroad," it…

Stifel said its acquisition adds to the capabilities of its investment banking arm, which has worked on roughly 700 M&A and fundraising deals since 2010.

The former owner of the controversial Reign nightclub, which the city shut down due to crime issues, is now working for the city’s top prosecutor. St. Louis Circuit Attorney Kim Gardner hired Dana Kelly in August to be an administrative assistant. She’s paying her $50,000. But, what specifically Kelly is doing for Gardner’s office is unclear. Gardner’s Assistant Circuit Attorney Andrew Gilfoil cited the Sunshine law’s personnel clause as a reason to withhold Kelly’s job description…

A broker involved in the deal said the Metro East rental submarket reports 95.9% occupancy, with 4.3% growth over the last year. "Fundamentals like these continue driving investment in multifamily opportunities."

Britons who protested its expansion saw a for-profit outsider with ambitions that could weaken the NHS.

Current plans call for more than 60 events focused on different technology topics at venues across the region.

“Research suggests that culturally responsive pharmacies are important staples in communities of color, because they bridge trust in health care,” Marcus Howard, the owner of St. Louis' newest, Black-owned pharmacy, said.

Electrical Components International Inc. (ECI), a Creve Coeur-based manufacturer of wire harnesses and electrical components, said Wednesday it is acquiring a Norwood, Massachusetts, firm.

E.W. Scripps Co. is launching a sports division called Scripps Sports to leverage its fast-growing TV network business and group of local stations.

The project by Green Street Real Estate Ventures follows a $41 million apartment project completed by the same developer last month.

Under the executive's leadership, the investor expanded its portfolio and has been instrumental in launching and funding St. Louis startups that achieved significant exits.

Thursday brings a drastic and dangerous weather change. An arctic blast arrives Thursday morning that will drop our temperatures from the middle 30s early in the day to the single digits by the evening. Some light rain will be possible early before it quickly changes to snow as the arctic front passes through the St. Louis area from late morning through the early afternoon. A brief burst of snow is expected Thursday afternoon as the bitter cold air blasts into the area. Winds will increase through…

A pension fund that owns Centene stock is seeking damages on behalf of the firm from former Centene executives, whom it accuses of orchestrating a “scheme” to defraud at least 22 state Medicaid programs.

Bar Louie shuttered its doors in the Central West End in 2020. The co-owner of a restaurant that's moving into the space said the location is close enough to downtown for the restaurant to continue to play an active role in tourism while being in a more residential area.

Ben’s in downtown Belleville announced Sunday the retirement of owners John Conkright and his daughter Beth Wamble, and the closing of their store. The store, located at 112 E. Main St., specializes in crafts, floral, gifts, toys, home decor and women’s fashions. According to a press release, Conkright said he has enjoyed his 46 years in business with Beth by his side, but the time has come for both of them to retire from the business and to sell their buildings downtown. In a statement…

"Wells Fargo has consistently been one of the most problematic repeat offenders," said CFPB Director Rohit Chopra.