BizJournal 💲📰

At Sugarfire Smoke House near the corner of Sixth Street and Washington Avenue, you might say Chef Jason Austin and his team are on fire about Arch Madness rolling back into town. "It's been great. I mean tons of revenue. All kinds of people from all over the country," said Austin. People are now descending on St. Louis for the ever-popular Missouri Valley Conference Basketball Tournament at Enterprise Center. For the past three years, Sugarfire has been one of many area businesses participating…

The $5.5 billion St. Louis-based health care system named a successor to its general counsel, a 25-year company veteran who will retire this fall.

Perhaps the outright courage and leadership of Volodymyr Zelenskyy, the president of Ukraine, has ignited a movement amongst those who have finally, finally said enough.

Mark Birk, PE, Chairman and President, Ameren Missouri Mark has held many leadership positions in his more than 35-years at Ameren, including progressively more responsible roles overseeing customer and power operations, energy delivery, strategic planning, energy trading, enterprise risk management, safety and nuclear corporate oversight. Birk has a master of science degree in electrical engineering from Missouri University of Science and Technology and a master of business administration from…

Build-A-Bear Workshop Inc. (NYSE: BBW) said it's opening a new store concept in Chesterfield this month. The retailer, which is based in St. Louis, said its first Build-A-Bear Adventure will open at 17353 Edison Ave., a space held by an entity tied to THF Realty, on March 21. The "ultimate party destination" is to feature a workshop in which customers build their own toy bears, but also a bakeshop, arcade room, selfie rooms and private party rooms, the company said. Its website said packages,…

As the coronavirus fades, companies are reacting to higher customer demand by boosting inventory, which is putting pressure on their working capital needs. In order to help, this bank is boosting its customers working lines of credit.

"We just have never allowed apartments. It goes back to the '70s," a city official said. Still, a developer submitted plans to build a project on 6 acres including retail and an apartment complex.

Amazon said it is investing $1.2 billion to “upskill” more than 300,000 employees by 2025, so they can move into higher-paying, in-demand jobs.

With the sale, which reportedly was expected to fetch as much as $1 billion, the Emerson subsidiary will operate as an independent company.

The city of St. Louis mask order will expire Sunday and will not be renewed, health officials said. The current order expires Saturday, March 5, at 11:59 p.m. The St. Louis Department of Health announced in a Thursday news release that it will not request that the Board of Aldermen authorize a renewal once it expires. Illinois and St. Louis County ended their mask orders last week. The department said it would continue to recommend people wear masks in public spaces, especially high-risk groups…

Mitch Baden, CEO and president of Royal Banks of Missouri, doesn’t mince words. He has views on everything from the attitude of the Mizzou basketball team in the late 1970s to political fragmentation in the St. Louis area.

The St. Louis Internship Program (SLIP), a key part of the Boys & Girls Clubs of Greater St. Louis, creates valuable summer internships proven to increase work readiness and develop professional skills, all while building a diverse and reliable talent pipeline.

The developer's president and CEO said his company has built several similar properties in Kentucky, Tennessee and Arkansas, but moved into the St. Louis area based on a tip from an employee who is a St. Louis native.

The deal marks a key step for Graphite Lab, which has found success in the past securing game development deals with large gaming players, as it places a greater focus on developing more of its own original games.

The retail giant said it will close 68 physical retail locations, including one in St. Louis. The company isn't giving up on brick-and-mortar sales, though.

When Major League Baseball returns, you’ll be able to toast it with not one, but two different malt beverage brands officially licensed by MLB.

A locally based electrical contracting firm has bought back an ownership stake and is now 100% minority owned.

There are risks to the growth forecasts for U.S. gross domestic product this year from the war, said James Bullard, president of the Federal Reserve Bank of St. Louis.

Big firms such as Bayer and Caleres are looking to unload significant office space, as others like Ansira and Bank of America market big subleases amid pandemic-driven work changes. Along with a rise in vacancy — a trend that's expected to continue — it raises questions about who or what will fill the space.

The shift to flexible work environments, and increased embrace of working from home, has led some of St. Louis' biggest and most high-profile companies to attempt to reduce how much real estate they occupy. Among those not previously reported: Centene, Ansira, Bank of America and U.S. Bank.