BizJournal 💲📰

How does Enterprise make decisions to invest in the community in general? Helping improve the communities where Enterprise operates is a value my grandfather and our company founder, Jack Taylor, embraced from day one. It has been a core principle of the Enterprise Holdings Foundation since 1982. Enterprise employees are key to our approach to philanthropy as they help select and support organizations in the thousands of neighborhoods where we operate across the globe. The Enterprise Holdings Foundation…

A grant received from the Enterprise Holdings Foundation will help St. Louis Community College address the gender gap in the local information technology sector. The $350,000 grant from EHF to the STLCC Foundation will establish a Sisters in Tech cohort through the STLCC Tech Academy, allowing the college to expand its outreach and provide greater access to IT training for women who are changing careers, underemployed or unemployed. “We greatly appreciate the support of the Enterprise Holdings…

With an aggressive push amid the global pandemic, St. Louis Community College and its foundation have surpassed the goal set for their largest fundraising campaign ever, Opportunity for All: A Campaign for St. Louis Community College. A pair of donations has helped STLCC eclipse its goal of raising $20 million during this campaign, which began in fall 2019. Edward Jones has committed $500,000 to invest in STLCC initiatives that support underserved students pursuing careers in information technology,…

A Maryland Heights-based provider of engineered fasteners and logistics services has been acquired by a Chicago-based private equity firm.

While the 2030 Presidents Cup will showcase Bellerive Country Club, it’s also expected to generate a significant economic return for St. Louis. The event's economic impact is expected to be in the tens of millions and last beyond when the final putt is sunk at Bellerive in 2030, PGA Tour officials said.

One of the PGA Tour’s signature events is headed to Bellerive Country Club. The announcement comes three years after the Creve Coeur club hosted massive crowds for the 2018 PGA Championship.

The Clayton-based wholesale distributor of electrical, communications and data networking products is expanding with the acquisition of a West Coast industrial controls distributor.

Centene Corp., the Clayton-based managed health care provider, said Wednesday it has agreed to sell its majority stake in U.S. Medical Management LLC. The buyers are Rubicon Founders; Valtruis, a portfolio company of Welsh, Carson, Anderson & Stowe (WCAS); Oak HC/FT; and HLM Venture Partners. Terms of the deal weren't disclosed. Centene, which said it will keep a minority stake in the business, bought Troy, Michigan-based USMM in December 2013 for about $200 million. USMM is a management services…

Two tax increases passed and another failed during Tuesday's municipal elections in the St. Louis area. Voters in Dardenne Prairie approved a sales tax increase and voters in Ladue approved a property tax increase. In Kirkwood, however, voters shot down a sales tax increase. The added tax revenue will go toward road repairs in Dardenne Prairie and toward public safety in Ladue. The Kirkwood increase would have gone toward road repairs. The tax increase in Ladue will be a 30-cent increase on each…

St. Louis-based PierianDx, which has developed genomics software aimed at helping health care groups improve medical care, plans to pursue expansion after raising $30 million in financing. New York-based health care investment firm OrbiMed led the startup’s funding round, which includes equity investment and a term loan facility. Other investors in the deal include Health Catalyst Capital, Research Triangle Institute, Inova Health Systems, ATW Partners and SJF Ventures, PierianDx said the financing…

The firm's name will appear along with this national celebrity's name as sponsors of what will be the first college football game hosted at Stan Kroenke's SoFi Stadium in Los Angeles.

After ensuring the health and safety of his employees, Grupe will now offer a pre-paid three-course dining experience for guests. The three-course meal is offered at $75 per person, plus tax and gratuity. A $25 wine or cocktail pairing, or a $15 nonalcoholic pairing can be purchased as well.

An appeals court on Tuesday rejected a bid from the National Football League and Los Angeles Rams to move a trial in St. Louis' relocation lawsuit out of the city.

A nonprofit organization in East St. Louis agreed to pay $100,000 and implement fraud detection and prevention measures to settle a federal investigation.

The merger, in which no money exchanged hands, will lead to the closure of offices in Soulard and The Grove.

The companies, including the iconic brewer, warn of "substantial impacts" if a gas pipeline operated by utility Spire is not allowed to operate past Dec. 13.

BioSTL said Tuesday it has launched the Center for Rural Health Innovation, an initiative that will involve sourcing health technologies from across the globe with the aim of improving health outcomes in rural communities in the region.

One local firm convened a committee to study best-practices around material costs. Another is using the opportunity to brainstorm alternatives with clients. While others fear that despite their efforts, project costs will inevitably surge.

Olin Corp., the Clayton-based manufacturer and distributor of chemicals and ammunition, said Monday that its board approved a new $1 billion share repurchase program to increase the value of its stock. The new 2021 Share Repurchase Program calls for the company to buy back shares of Olin's common stock periodically, on the open market or in privately negotiated transactions. The program has no time limit, and purchases depend on factors including Olin's market price and general market and economic…

The St. Louis Board of Aldermen unveiled the first draft of a new district map, another step in reducing the number of aldermen in the city from 28 to 14. Over the next two months, the Legislation Committee of the Board of Aldermen will hold public meetings to create a new, 14-ward map based on the 2020 Census. In order to make sure the changes are drawn in an equitable and legal way, the board is asking for public input at those meetings. The process, according to the city's website, is as follows:…