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UMB Financial Corp.'s deal to buy Heartland Financial USA Inc. is expected to close around Jan. 31, now that regulators have given their blessing to the $2 billion deal – UMB's largest ever.

The longtime St. Louis fine-dining staple will close next month. The current owner of the family-run restaurant told the Business Journal he is ready for a change.

The firm will occupy two mostly vacant office buildings.

Three law firms with Clayton offices have named partners for 2025.

A brewery in Eureka has poured its last beers.

St. Louis Assessor Michael Dauphin will become an associate circuit judge in the St. Louis Circuit Court.

Webster University on Friday reported that it narrowed its operating deficit in fiscal 2024, and said it will be cash-flow positive for the current fiscal year, as it's boosted by increased enrollment and efficiency measures.

An institutional investment consulting firm with a big St. Louis office has been acquired and adds $292 billion in assets to its new parent company.

The St. Louis Board of Alderman Friday passed two bills that provide incentives for Washington University’s $95 million redevelopment of the former Goodwill Building in the Cortex Innovation District.

Three St. Louis lawmakers filed bills aimed at increasing consequences for the negligent owners of problem properties.

Watlow, a Maryland Heights-based industrial technology firm, has added two new regional leadership roles to its executive team to oversee business in Asia and Europe.

As anyone old knows quite well, the years mysteriously turn into decades. As in Hemingway’s description in “The Sun Also Rises” of how you go bankrupt, “gradually and then suddenly” is a fair accounting of life’s progress.

A St. Louis alderwoman is looking to push a plan to strip the city's mayor of power in favor of an administrator.

The city of St. Louis received two responses to its request for redevelopment proposals of the vacant former Municipal Courts in Downtown West.

The store is one of two in Missouri slated for closure sometime in the first quarter of 2025.

Missouri lawmakers are proposing bigger scholarships for students with financial need, allowing more universities to grant engineering and medical degrees, and supporting aid to victims of hazing. Ahead of the 2025 legislative session’s launch on Wednesday, members of the Missouri General Assembly filed more than two dozen bills affecting higher education. To be signed into law by Gov. Mike Kehoe, the proposals would have to make it through a series of approvals in both houses of the legislature.…

A St. Louis-based biotech company has named a new CEO and a new role for its founder.

Kaiyu Guan’s first name, given to him by his grandfather, means “explore and discover the universe.” Today, he’s fulfilling his grandfather’s aspiration via geospatial technology. “I’m using satellites as my eyes to see the universe,” he says. He holds numerous titles, including Blue-Waters professor in Supercomputing at the University of Illinois Urbana-Champaign and chief scientist for the NASA Acres program. In 2019, he broke new ground by founding the ag-tech and geospatial startup…

Saint Louis University has received a $5 million grant from the Health Resources and Services Administration (HRSA).

A newly built distribution facility in the Metro East landed its first tenant with an engineering firm's expansion.