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What the infrastructure bill will do for Missouri and Illinois

3 years 1 month ago
Lawmakers in Washington passed a $1.2 trillion infrastructure package this past Friday. It will deliver $550 billion in new federal investment in America's infrastructure over five years, if President Joe Biden signs this into law. It should touch everything from bridges to roadways, airports, and water systems. Billions of dollars are expected to come in impacting both sides of the river. Missouri will receive around $8 billion and Illinois around $17 billion. MISSOURI INFRASTRUCTURE: A big…
Justina Coronel, KSDK

Panera Bread Co. set to go public again, with restaurateur and St. Louis native Danny Meyer as an investor

3 years 1 month ago
Panera Bread Co., the bakery-cafe operator known locally as Saint Louis Bread Co., plans to go public again by partnering with restaurateur and St. Louis native Danny Meyer's special purpose acquisition company (SPAC). Panera Brands, a privately held company that includes the Panera Bread, Caribou Coffee and Einstein Bros. Bagels brands, said Tuesday it plans to file for an initial public offering with federal regulators. The company hasn't yet determined a price range, number of shares or effective…
Diana Barr

Struggling to find workers? Here’s why investing in automation can help future-proof your business

3 years 1 month ago
Media organizations have been sounding the alarm about persistent labor shortages and the negative effects those shortages are having on business. A recent report from Yale University economists said the COVID-19 pandemic has created several factors that are limiting workforce participation. These include an inability to secure child care, early retirements from workers in the Baby Boom generation, fears about COVID-19 in the workplace and a general reappraisal of what workers want to do with their…
Clay Shackelford

Ballot initiatives target legalizing sports betting in Missouri

3 years 1 month ago
A Missouri legislator is willing to bet the house that sports wagering in the state would be a success after the Cardinals, Blues and St. Louis City SC announced they're backing ballot initiatives to legalize betting in the state. “I’m pro sports betting,” said Billy Schwarze. “Hopefully Missouri will consider it because I think it would be a win-win scenario for everyone.” “Sports are huge in the United States,” said Michael Hutchings. “I’m assuming that every state will have…
Holden Kurwicki, KSDK

Centene unit to get $1.4B Missouri prison health care contract after judge’s ruling

3 years 1 month ago
A subsidiary of Clayton-based Centene Corp. will assume health care for inmates in Missouri prisons later this month after a judge’s ruling Thursday in a state contract dispute. Corizon Health, which has held the state's prison medical care contract since 1992, sued the state's purchasing division in August for awarding the contract to Centurion Health, a Virginia-based unit of Centene, claiming problems with Centurion's bid should have disqualified the company. Cole County Circuit Judge Daniel…
Diana Barr