BizJournal 💲📰

Sometimes the correct conclusion that a picture is worth a thousand words is an understatement.

St. Louis startups reeled in the cash in 2021. Local startups raised $699 million in venture financing in 2021, according to a report published Friday by research firm PitchBook and the National Venture Capital Association. That’s up from the $490 million local startups snagged in 2020. The bulk of the 2021 funding came in the year’s second half, which included nearly $600 million in financing for St. Louis firms. The 2021 total marks the most venture funding St. Louis firms have raised in…

Covid-19 is causing cancellations and closings as officials try to get the surge of cases under control. Some local restaurants have decided to temporarily shut down during this time, as have several St. Louis-area attractions. The latest to do so is the Saint Louis Science Center. In a news release Thursday, science center officials wrote, "Due to the surge of the Omicron variant of Covid-19 within the St. Louis community, the Saint Louis Science Center announced it will temporarily close for…

The AT&T tower, downtown’s largest office building, is once again under contract, following an appraisal that showed the building’s value has dropped by more than 95% since it sold for more than $200 million in 2006.

An academic said helping a local museum commemorate the protests "helps our community – including young residents, immigrant communities, and other newcomers – take stock of what has been sought, truly achieved, and remains unrealized as struggles for economic and social justice continue."

Steve Mackin, who will take the helm of St. Louis-based multistate health system Mercy this spring, has announced his senior leadership team.

Emily Lohse-Busch, who has led the nonprofit startup funder for nearly half its existence, will step down from her role next month. However, she plans to remain in the region and engaged in its economic development efforts.

Richard Schneider never expected to become an entrepreneur. However, a project that stemmed from his home theater business turned him into a business owner.

Logan University has turned to a St. Louis Cardinals team physician to take on a key post within its new master's in athletic training program.

St. Louis has the largest Bosnian population in the United States. Now leaders want to do the same thing with Afghan refugees. "Anyone from any corner of the earth can come to America and become an American," Mojda Sidiqi said, referencing a photo of herself at 9 years old. Born in Kabul, Sidiqi outlined her own experience immigrating from Afghanistan, as stakeholders — led by Arch Grants founder Jerry Schlichter — unveiled a new plan Wednesday to market St. Louis to current Afghan refugees…

Nine PBS, the nonprofit St. Louis-area affiliate of the Public Broadcasting Service, has named a new vice president and chief content officer, a role previously held by Amy Shaw, who is currently president and CEO of Nine PBS.

When south St. Louis County shopping center Ronnie’s Plaza went on the market for the first time ever, Brentwood-based Savoy Properties jumped at the chance to own it and potentially add another adjacent development.

The nation’s largest newspaper chain is discontinuing Saturday print editions starting March 5 at more than half of its newspapers nationwide, saying it will instead offer “new, additional benefits” including expanded access to online editions. Gannett Co. Inc. (NYSE: GCI) told staff in an email on Wednesday that it is “introducing a new Saturday experience in 136 of our markets which transitions from delivering the Saturday print edition to providing exclusive access to the full Saturday…

The trial lawyer, who joined Lathrop in 2012, becomes the first woman to hold the local leadership post.

One argument against term limits for legislators is that it takes years to learn the job. But here's why they may be popular with Missourians.

Home prices and rental rates are soaring across the U.S. Is it more affordable to buy or rent in our market?

"The Covid-19 Pandemic of 2019-2021 has reduced the sales volume of World News in Clayton to the point where it is no longer as profitable as it once was," the newsstand said.

Tech firms are upending finance with digital wallets, online investing tools and other innovative services. St. Louis banks say they need to adapt — or else.

A new restaurant focused on Asian and Latin cuisine will open its doors in a space previously occupied by Kaldi's Coffee on Laclede Avenue.

A Creve Coeur-based distributor of home appliance parts has acquired an HVAC equipment and parts distributor in suburban Chicago.