The Boeing Co. (NYSE: BA) has begun to distribute furlough notices to white-collar employees in the St. Louis area as the aerospace and defense giant faces a cash squeeze that could jeopardize its investment-grade rating.
St. Louis real estate firm Oliver Properties is investing $7 million in renovation at a 213-unit downtown apartment building after acquiring the property in late 2023.
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…
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.
The chair of Fenton-based UniGroup stepped down this month, a move that comes as the private moving giant has abandoned a major transaction amid "disappointing" results, while signaling it's still open to deals.
The U.S. Army Corps of Engineers plans to install what could end up being scores of signs some time in November across North County to warn people about the dangers of disturbing soil atop low-level radioactive waste from America’s World War II atomic bomb project.
Businesses initially chosen to receive grants from the city's development agency still must be fully vetted before receiving the federal money, officials said Thursday, as questions have been raised about some of the preliminary awardees.
It now becomes one of nine companies nationwide, and the only one from the Midwest, to compete for $1 million in funding from anti-poverty nonprofit Robin Hood as part of a competition through a partnership with the GitLab and Bezos Family foundations.
The aircraft maintenance company recently opened a new 75,700-square-foot hangar as it celebrated the inaugural graduating class of its aircraft maintenance technician training program.
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…
Property next to St. Louis Lambert International Airport, once a residential neighborhood bought out by the airport, is being offered for redevelopment.
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…
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…
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.
Amazon.com Inc. workers in the St. Louis area delivered a letter Wednesday to management of the fulfillment center in St. Charles County, demanding an hourly pay increase.
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