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St. Louis man sentenced to 10 years in prison for using PPP loans to buy luxury cars

2 years 8 months ago
A St. Louis man was sentenced to more than 10 years in prison after he admitted to misusing Paycheck Protection Program loans intended to help small businesses through the pandemic. aRobert Williams, 58, was sentenced to 125 months in federal prison after pleading guilty to numerous counts of bank fraud. According to a press release from Sayler Flemming, the U.S. attorney for the Eastern District of Missouri, Williams submitted about 30 different PPP loan applications with false information. According…
Sam Clancy, KSDK

St. Louis’ challenges are a burden for business. Here’s how we address them

2 years 8 months ago
In addition to the harmful impact on the lives of St. Louisans, our region’s longstanding challenges — from failing schools to troubling crime rates, slow economic growth, and our steady decline in prosperity and national prominence — have placed a significant burden on St. Louis businesses for several decades. These challenges negatively impact the quality of our employment base, our ability to recruit talent from other cities, our region’s overall economy and GDP, and our competitiveness…
Chris Krehmeyer

Underperformance in biotech stocks impacts innovation, health care solutions

2 years 8 months ago
As the world reached the second anniversary of the formal declaration of the COVID-19 pandemic by the World Health Organization, there is consensus among scientists and policymakers that the return to pre-pandemic life unavoidably entails the widespread application of vaccines and the use of effective, newly authorized antivirals. Uncertainty about the next stages of the pandemic remains, but it is clear that the world would be in a significantly worse condition, both economically and from a public…
Felipe Bastos Gurgel Silva

Panera testing CookRight robot coffee maker

2 years 8 months ago
Miso Robotics is partnering with St. Louis-based restaurant chain Panera Bread to test its latest robot, a coffee maker that can brew the perfect cup of coffee. Pasadena, California-based Miso said its CookRight Coffee line uses artificial intelligence to monitor key coffee metrics such as volume, temperature and time data, and combines these with predictive analytics to make a quality cup of coffee. Panera, whose headquarters is in suburban Sunset Hills, is Miso Robotics’ first company partner…
I-Chun Chen

Report questions structural stability of Amazon warehouse hit by EF-3 tornado

2 years 8 months ago
An attorney representing the family of a man killed when an EF-3 tornado struck an Amazon Warehouse in Edwardsville says he has uncovered new information that could prove the building wasn't up to code. When the family of Austen McEwen filed a wrongful death suit against Amazon in January, they stated their reasoning loud and clear. “Amazon knew a tornado was coming but made the decision to have our son and others work during a peak delivery season for Amazon instead of evacuating the area with…
Holden Kurwicki, KSDK

Agreement reached between St. Louis Circuit Attorney Kim Gardner and disciplinary panel

2 years 8 months ago
Updated with additional comments. Missouri’s Office of Chief Disciplinary Council has recommended a reprimand for St. Louis Circuit Attorney Kim Gardner following allegations that she purposefully withheld evidence from the defense team for former Gov. Eric Greitens. In less than an hour Monday, Gardner agreed to a 40-page stipulation that set forth how notes and a recording Gardner’s office took during an interview with Greitens’ alleged mistress were not given to defense attorneys. The…
Christine Byers, KSDK