BizJournal 💲📰

In St. Louis, homes listed in early May benefit from a 3.1% boost in final sale price, Zillow says.

Households have built up significant savings because most of the assistance from the federal government has not been spent. The spending of that savings could exacerbate inflation.

The senior health company's next executive will be based out of its local headquarters and lead its clinical operations.

Cultivation Capital has spent the past decade becoming St. Louis’ most prolific venture capital firm, amassing an investment portfolio of more than 150 startups. With an initial focus on closing an investment gap for software firms in St. Louis, Cultivation Capital has expanded its investment thesis since its founding, launching into new industries and geographies.

In a Monday public briefing, St. Louis County Executive Sam Page announced his administration's recommendations for how to spend $83 million in federal ARPA (American Rescue Plan Act) funds, based on community input. That process was carried out through seven town hall meetings and a survey, which Page said more than 3,000 people participated in. In the survey, officials asked residents to rank spending priorities like health care, infrastructure, homelessness, access to mental health services,…

The 30-year fixed mortgage rate averaged 5% for the week ending April 14 — up from 4.72% last week.

The Maryland Heights-based Special Education Foundation has hired a former media executive as its new executive director.

Volpi Foods is a St. Louis institution, known for its cured meats and sliced cheeses. In recent years, the company has expanded its reach in grocery stores around the country and has opened multiple manufacturing and production facilities in the St. Louis area. Volpi Foods is still family owned and operated after 120 years in business, with Lorenza Pasetti, the great niece of Volpi’s founder, serving as CEO since 2002. The company was founded by John Volpi in 1902, a few years after his arrival…

The Clayton-based managed health care provider's board member, who was appointed In January as part of a deal with an activist investor, said in a resignation letter that "Centene needs to refresh its approach to leadership" and that she is "not confident that meaningful changes will be made timely, if at all." Her resignation comes weeks after the appointment of new CEO Sarah London.

Sarah Wood Martin, the alderwoman for St. Louis' 11th Ward, has resigned from her position of five years, effective Monday. In a news release, Wood Martin said her resignation comes from the passing of Proposition R on April 5. In addition to turning over ward redistricting to a citizens' commission, Proposition R strengthens conflict-of-interest regulations for the Board of Aldermen. "Unfortunately, under the provisions of Proposition R, I must make a choice," she wrote. "I cannot continue my…

The youth organization has named an experienced programming executive to a new chief program officer post.

A new plan to help eliminate vacant properties in St. Louis got a thumbs up from the Missouri House of Representatives on Thursday. House Bill 2218, sponsored by Rep. Michael O’Donnell, R-Oakville, passed on an 111-13 vote. Aging eyesores can be seen in almost every part of St. Louis. There are nearly 25,000 vacant properties, according to data from the city. The bill would change the way buildings with unpaid taxes are sold at auction, and add penalties and regulations requiring owners to…

St. Louis-based IT staffing and consulting firm Envision has expanded with the addition of a long-standing local company.

Treats for your Easter holiday may cost a bit more this year. The price of kitchen staples like milk, flour and butter are all up. Inflation is impacting everyone, from the at-home baker to pastry shops to chocolatiers. Let's start with the good news, St. Louis-based Chocolate Chocolate Chocolate and Bissinger's secure their ingredients years in advance so the good news is your Easter bunnies will be the same price as last season. "Because Easter is like a revolving target, it's really become a…

Stan Kroenke and his wife, Ann Walton Kroenke, are among the 400 top income earners in the U.S., according to IRS files obtained and analyzed by nonprofit news organization ProPublica.

I have come to the conclusion that there is indeed one memory, one category, if you may, of memory that seems to last forever. And that is one’s taste memory.

A look, using infographics, at the rise of Centene Corp. during the tenure of its former CEO and chairman, Michael Neidorff, who died last week at age 79.

The former Centene CEO, who died last week, in the past few years became the rare local executive to not only criticize St. Louis for its problems but take initiative to solve them. It's time for others to carry on that mantle, writes Erik Siemers.

The planned grocery has been in the works for nearly five years, and was the subject of a dispute. The company's leader played down the spat Thursday, and said he'd open another store in the city.

St. Louis lawmakers on Thursday advanced development and use restrictions for an area around the National Geospatial-Intelligence Agency's new western headquarters in north city.