BizJournal 💲📰

As it nears the end of a 99-year lease, a dispute over land on which the iconic Grand Center theater stands could imperil its future, according to a lawsuit. But another party says it could take over and continue operations.

The St. Louis-based brokerage and financial services firm said it will give equity grants to about half its employees, as part of an objective to eventually make all Stifel employees shareholders.

The brewer said the investment includes the first addition to its St. Louis campus in 15 years.

Prior to the donation, the religious organization did not own property, but leased office space on historic Main Street in downtown St. Charles and rented space for special events.

For St. Louis to continue to position itself as a city where startups can flourish, industry leaders say the region must continue to lean into its strengths and build upon them.

NFL Hall of Fame Running Back Marshall Faulk placed the first bet in the Draftkings Sportsbook that opened at the Casino Queen on Tuesday afternoon. He placed a $100 bet on the Cardinals to win on opening day. The 6,000 square foot state-of-the-art expansion at the Casino Queen features a 60-foot video wall, dozens of high-definition televisions, a VIP area and more than 30 betting kiosks. “Excited because I can come hang out,” Kewan Rogers, a fan said. “Eat, drink, bet, have a good time.…

A St. Louis Board of Aldermen bill that leaders say would fund job creation and healthy living in north St. Louis took a major step toward passing Tuesday. The Board of Estimate and Apportionment advanced a plan for $37 million worth of American Rescue Plan Act funds that would go to North Side corridors. The plan would allocate the funds for small businesses, nonprofits and neighborhood economic development. The federal revitalization would span across North Grand Boulevard, Dr. Martin Luther…

The St. Louis Bioscience Labor Market Analysis, published by local innovation hub BioSTL and compiled by researchers at the University of Missouri Extension, aims to provide an overview of the region's workforce in the plant, life and medical sciences. It also examines challenges and opportunities facing the bioscience workforce.

On the last day of filing in St. Louis County Tuesday, County Executive Sam Page got to pluck one thorn out of his political side only to have it replaced by another. Jane Dueker, lobbyist and attorney for the Fraternal Order of Police, announced in a tweet she will run against St. Louis County Executive Sam Page in the Democratic primary just moments after St. Louis County Councilman Tim Fitch announced he will not be seeking re-election in the Third District. “Today I filed as a candidate for…

The St. Louis County Council is losing one of its Republican voices and most vocal critics of County Executive Sam Page. County Councilman Tim Fitch announced in a tweet Tuesday he will not be seeking reelection in the 3rd District, which covers Fenton, Valley Park, Manchester, Creve Coeur, Frontenac, Town & Country and other unincorporated areas of west St. Louis County. “Serving the people of St. Louis County for nearly 35 years has been the honor of my life. I’ve been humbled by the support…

Advances in research using psychedelic drugs as part of therapy for mental health disorders have led a law firm to create a team to serve what could become a large industry.

Fathers & Families Support Center, which offers parenting education and employment and other support services to absent fathers looking to reunite with their children, has named its next CEO.

Beginning Monday, small businesses can fill out in-person applications for the program that will allocate $5,000 grants to approximately 900 businesses. The online application portal will open April 14 at 8 a.m., officials said.

The move marks a first for an area Starbucks store, and follows unionization efforts at the chain's stores across the country.

Boeing's Defense, Space and Security (BDS) unit, which employs more than 15,000 workers at plants in the St. Louis region, will get a new CEO, effective Friday.

And then there were two. The championship matchup for our inaugural St. Louis Inno Madness bracket challenge is here. The final matchup includes a pair of underdogs squaring off for the contest’s bragging rights.

Native Pet, a St. Louis-based pet nutrition startup that makes and sells all-natural pet supplements for dogs, plans to add to its team and expand distribution of its products after raising $6 million from investors.

Developers who have proposed a 13-story Hyatt House hotel in downtown Kansas City recently sued the St. Louis-based law firm and an attorney who represented the project's former lender, which failed to disperse agreed-upon loan funds.

Plans will move forward for a major renovation of St. Louis' Powell Hall, which paves the way for a new and modern experience when you go to hear the St. Louis Symphony Orchestra. But Monday evening's decision was met with some opposition. Some 20 people signed up to speak before the city's Preservation Board made its 3-2 decision. Even board members acknowledged that type of interest in a design proposal is rare. Many of those who spoke out are concerned that expansion would erase history. Champagne-colored…

Trudy Busch Valentine, an heiress to beer maker Anheuser-Busch's founding family, filed Monday to run for a U.S. Senate seat in Missouri as a Democrat, the Associated Press reports. Valentine is the daughter of the late Anheuser-Busch Cos. Chairman August “Gussie” Busch Jr., who died in 1989. Her mother was the late Gertrude “Trudy” Busch, Gussie Busch Jr.’s third wife. A philanthropist, Valentine serves on the Board of Trustees of Saint Louis University, to which she's donated nearly…