BizJournal 💲📰

Missouri Gov. Mike Parson on Thursday named his pick to replace St. Louis County Prosecuting Attorney Wesley Bell when he resigns to take a St. Louis-area Congressional seat.

Missouri is heading toward its first fiscal year with declining revenue in more than a decade — and the first in living memory during a growing economy — according to the latest estimate of state tax revenue. General revenue for the fiscal year that ends June 30 will total $13.35 billion, a decrease of about $70 million from the record $13.42 billion collected in fiscal 2024, according to a news release Wednesday from Gov.-elect Mike Kehoe. That is a decline of about 0.6%, which is nearly…

St. Charles County Executive Steve Ehlmann has named a new director of finance for the county.

A discount store competitor has purchased the lease of a soon-to-close Big Lots location in the St. Louis area.

The denial of a south St. Louis apartment project will get another look.

Enterprise Mobility's Andrew Taylor and his wife, Barbara Taylor, have gifted $50 million to Washington University's neurosurgery department.

Pat McBride, an Olympian and National Soccer Hall of Fame inductee known as "Missouri's Father of Soccer," died Wednesday at the age of 81, friends of the family confirmed. He was born Nov. 13, 1943, in St. Louis. McBride, a midfielder, was a two-time first-team All-American for the St. Louis Billikens, and played on the team when it won NCAA soccer titles in 1963 and 1965. McBride was the first American-born player to sign with the North American Soccer League. He spent his entire NASL soccer…

Cahokia Heights, Illinois, will be required to make dozens of improvements to its sewage system if a proposed consent decree with the Department of Justice and the Environmental Protection Agency is approved by a judge. According to a press release from the DOJ, the DOJ and EPA reached a settlement with the city to make the improvements after years of flooding and sewage issues. The complaint against the city alleges it of discharging sanitary sewage into nearby waterways more than 300 times since…

The economic benefits of a north-south MetroLink expansion are overstated, its projected ridership is low and it threatens the city's budget. Now, with Trump's election, it's unlikely to get significant federal funding. City leaders should drop the project, an ex-planning chief writes.

These deals are expected to close in the next few weeks.

A Cole County judge on Wednesday dismissed a whistleblower lawsuit against the Missouri House and its Republican leader alleging harassment and intimidation of a top staffer.  The lawsuit was filed in May by House Chief Clerk Dana Miller accusing outgoing House Speaker Dean Plocher and his former chief of staff, Rod Jetton, of retaliating against her and trying to get her removed from her job. At the heart of the lawsuit were swirling allegations about misconduct by Plocher and a House Ethics…

A spokesperson for the TV station's parent firm said it is streamlining broadcasting and sales divisions.

A national coffee chain plans to build a new location at a former pizza restaurant in St. Louis County.

A prominent attorney has acquired a historic local theater, with plans to redevelop it.

In a region struggling with crime and population loss, St. Louis has become home to several programs designed to transform inmates into valuable members of the workforce. At least one of them, Unlocked Labs, is taking its story nationwide.

The ex-alderman was indicted in 2022, along with two others.

The money will be used to fund scholarships for students in the university's new school of engineering.

Aldermanic President Megan Green said Wednesday that a new plan on how to spend the city’s remaining $277 million share from the Rams settlement is designed to reverse its “great challenge”: the city’s ongoing population loss.

The local firm dates to 1985 and has revenue of more than $300 million, with more than 1,000 employees.

"What are we doing sitting around talking about problems we've had longer than I've been alive?" the Democrat said.