BizJournal 💲📰

One of the executives was a well-known communications chief for the region's largest public company.

A Washington University professor of banking and finance who shared the 2022 Nobel Prize in economics sciences is being investigated over sexual harassment allegations, according to a report from the Associated Press.

The 12-hour poll generated more than 17 million responses.

The nonprofit already operates four Excel Centers, which are accredited tuition-free public high schools giving adults an opportunity to earn high school diplomas.

St. Louis phone accessory startup Flipstik, which appeared on ABC's reality show "Shark Tank" in 2020, has raised nearly $1.2 million to launch new products. The growth comes after the startup says it has successfully started selling its products in retail stores.

About a week after marijuana became legal in Missouri, nearly all of the dispensaries and manufacturing and cultivation facilities in the state have applied to change their licenses. The businesses when through an application process to secure a Missouri medical marijuana license when it became legal in 2018. Now, four years later, owners are applying to change their medical marijuana licenses to comprehensive licenses. A comprehensive license will allow businesses to sell to both people with…

St. Louis Mayor Tishaura Jones has vetoed legislation that would return pension board control to firefighter interests, her office said Friday. Jones' spokesman said the measure had been consistently opposed by City Budget Director Paul Payne and Comptroller Darlene Green. Jones' predecessor, Lyda Krewson, vetoed similar legislation last year, a move Jones' spokesman said was "the fiscally responsible decision." The move comes as the city has continued to lose residents, and though it has been…

A multifamily developer new to St. Louis has purchased one of the region’s largest apartment complexes for more than $73 million.

An $18 million senior housing development proposed in Bevo Mill will move forward after the developers were awarded subsidies by a state board, after five years of efforts to secure them.

About 50 workers at the company were to vote on whether to join the International Association of Machinists and Aerospace Workers (IAM).

The project is part of the $50 million investment the company said it would make in its St. Louis campus, located in the city’s Soulard neighborhood, earlier this year.

After severing ties last year with its long-standing lobbyist, one of St. Louis’ largest companies has hired a new firm to advocate on its behalf in Jefferson City.

A study commissioned by the developer of a planned trail system linking St. Louis neighborhoods said it would produce $462 million in economic activity over a more than decade-long construction phase, supporting $178 million in labor income.

The new facility will be located on Ranken Technical College’s Wentzville campus and is slated to annually provide 350 tons of “low-cost, low-carbon hydrogen for local users.”

At an investors day event held Friday at the New York Stock Exchange, the Clayton-based managed care giant reaffirmed its 2022 total revenue guidance, as executives spoke of geographic expansion and other growth opportunities.

The Missouri Housing Development Commission has approved millions of dollars worth of federal and state tax credits and other subsidies to help develop 674 units in the St. Louis area.

A longtime advocate for people with disabilities who co-founded co-founded the Starkloff Disability Institute has retired.

Kenton Klein’s decision to become a fourth-generation owner of St. Louis steel fabrication company Atlas Iron Works wasn’t part of a succession plan. As his father, Dick Klein, ran Atlas as the third-generation owner, Kenton Klein forged his own entrepreneurial path, launching and operating IT company Healthy PC. But in recent years, as Dick Klein approached retirement, Kenton Klein says his “heartstrings started pulling” as he considered the future of the century-old firm. Today, Klein…

The cities of St. Louis and O’Fallon, Missouri, are considering a 3% sales tax on recreational marijuana, that’s in addition to the state's 6%. St. Louis Ward 12 Alderman Bill Stephens said the money from the sales tax would go into the general fund. "I think we're all aware of the declining population of the city. That means a shrinking tax base. So I think in a lot of ways, this 3% tax could absolutely be a much-needed lifeline for the city's operations,” Stephens said. If the Board of…

As the movie was shown that long-ago evening, I drank in every scene. I was captivated by the idea of disregarding hopelessness and simply dwelling upon what did go right.