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BizJournal 💲📰

Three south St. Louis restaurant concepts to close this weekend

3 months 3 weeks ago
The owners behind three restaurant concepts on Morganford Road in south St. Louis announced Wednesday they will be closing their doors permanently. "The decision did not come lightly," they said in a Facebook post. "It came after years, months and days of conversation, reflection and trying to figure out how to make this work." The restaurant concepts – Black Sheep and Mama 2's Biscuits, which share space at 3153 Morganford Road, and Three Little Monkeys, at 3172 Morganford Road – will close…
Jennifer Somers

Interest rate policy 'super-successful,' former St. Louis Fed boss says

3 months 3 weeks ago
By not opting for a quarter point, or 25 basis points, reduction on Wednesday, the Federal Open Market Committee faces the question of whether it will lower interest rates by half a percentage point at the next three monthly meetings or shift down to quarter point cuts, said James Bullard, who after 15 years left his Federal Reserve Bank of St. Louis post to become business school dean at Purdue University.
James Drew

‘Hemp sales are back on’: Missouri regulators pare down ban on intoxicating hemp products

3 months 3 weeks ago
Missouri Gov. Mike Parson’s ban on intoxicating hemp products hit another hurdle on Tuesday, resulting in an indefinite pause on a huge part of the effort. Richard Moore, general counsel for the Missouri Department of Health and Senior Services, said in a letter Tuesday that the state’s health regulators will stop embargoing — or tagging — products simply because they contain hemp-derived THC.  “In regard to psychoactive cannabis products, the department will focus its efforts on…
Rebecca Rivas

$3M demolition of the Workhouse will begin by end of year; city seeking ideas for memorial project

3 months 3 weeks ago
Demolition of the former Medium Security Institution, colloquially known as the Workhouse, will begin by the end of the year. Demolition of most buildings at the now-vacant jail will begin by Dec. 16, St. Louis Mayor Tishaura Jones announced Wednesday as part of a call for community members to submit ideas for a memorial to commemorate the site. A spokesman for Jones said it would cost $2.5 million to $3 million to demolish the structures. He said there are funds available in the city budget for…
Kelsi Anderson

1st Phorm's CEO says he's 'saddened' by brother's comments on female police officers

3 months 3 weeks ago
The CEO of 1st Phorm, a St. Louis supplement and fitness company, has come out against co-founder Andy Frisella's viral comments about women in law enforcement. The controversy began when Andy Frisella made derogatory comments about female police officers during an episode of his "Real AF" podcast that came out last Thursday on National Police Women's Day. “In my opinion, women shouldn't be in the f****** field and police officers," Frisella said in the episode. "... Every woman cop I've ever…
Jennifer Somers

Boeing to begin nationwide furloughs

3 months 3 weeks ago
The Boeing Co. (NYSE: BA) will initiate temporary furloughs this week in response to the machinists’ strike in the Seattle area, President and CEO Kelly Ortberg said in a message to employees on Wednesday.
James Drew