Monsanto's former CEO ordered to testify in St. Louis Roundup trial

3 hours 1 minute ago
Former Monsanto Co. Chairman and CEO Hugh Grant has been ordered to testify in persons at a Roundup trial in St. Louis in January. Grant, who led St. Louis-based Monsanto from 2003 until the company was sold to Bayer AG of Germany for $63 billion in 2018, was subpoenaed by lawyers for plaintiff Sharlean Gordon, who contends the Roundup weedkiller caused her non-Hodgkin lymphoma. The trial is scheduled to begin Jan. 27 in St. Louis County Circuit Court. Grant's lawyers have been fighting the subpoena,…
Greg Edwards

Spire executive adds COO title

17 hours 55 minutes ago
Spire on Monday named Steve Lindsey executive vice president and chief operating officer, effective Jan. 1. He had been executive vice president, chief executive officer of gas utilities and distribution operations. The gas utility (NYSE: SR) said he would retain oversight of its gas utilities while assuming management oversight for its midstream operations, including Spire Storage and Spire STL Pipeline, which runs 65 miles through Scott, Greene and Jersey counties in Illinois and St. Charles and St.…
Jacob Kirn

Warby Parker sets sights on second location in St. Louis

18 hours 13 minutes ago
Warby Parker plans to open its second location in St. Louis on Saturday at Plaza Frontenac. The eyewear company first entered the St. Louis market two years ago in the Central West End. The new Plaza Frontenac location will offer eye exams and carry the usual Warby Parker items (adults and children glasses and sunglasses), according to a release. The new store also will sell Scout by Warber Parker, the company's contact lenses line that launched last month. Across North America, the New York-based…
Steph Kukuljan

3 flu-related deaths reported in Missouri

18 hours 30 minutes ago
The Missouri Department of Health announced it has received three reports of flu-related deaths this season. The total number of influenza cases in the state recently surpassed the 1,500 mark, the department of health said. In the 2018-2019 flu season, there were 92 flu-related deaths. “For those who haven’t already been vaccinated, it is important to know that it’s not too late,” said Dr. Randall Williams, director of the Missouri Department of Health and Senior Services. “We are approaching…
Ashley Cole - KSDK

St. Louis professional indoor soccer team makes ownership change

20 hours 22 minutes ago
The St. Louis Ambush, a professional indoor soccer team that plays at the Family Arena in St. Charles, said Monday part of its ownership group has changed. The team, a member of the Major Arena Soccer League, said minority owners Tony Glavin and Elizabeth Perez have sold their ownership shares to Jeff Locker. Terms of the transaction were not disclosed. Locker is founding member and CEO of St. Charles-based financial planning firm AXIUS Financial. Both Glavin and Perez had been owners of the Ambush…
Nathan Rubbelke

Drury sets opening date for Walt Disney World hotel

21 hours 22 minutes ago
St. Louis-based Drury Hotels has announced that its new property — the company's largest to date — will open by the end of 2021. The project, which includes 604 rooms and more than 12,000 square feet of meeting space, is located in the Disney Springs Resort Area entertainment complex in Orlando. The Drury Plaza Hotel Orlando Lake Buena Vista will be a part of Disney vacation packages and Drury will offer transportation to and from the theme parks, according to a release. Cost of the project…
Vince Brennan

Why MetroLink operator is interested in resuscitating Delmar Loop Trolley

1 day 1 hour ago
As the Delmar Loop Trolley prepares to close down later this month, another regional transit organization is interested in keeping it alive. The board of Bi-State Development, which operates the St. Louis region's Metro bus and light rail transit service, on Tuesday will consider a request from its CEO to pursue folding the struggling trolley into its own transit system. The agency early last month confirmed that it had been asked to consider operating the trolley, which is scheduled to shut…
Erik Siemers

Lawsuit claims Lambert privatization group violated open records laws

1 day 2 hours ago
A lawsuit filed Friday accuses the city and the working group studying privatization of St. Louis Lambert International Airport of violating open records laws by making decisions behind improperly closed meetings. It seeks to have any decisions made during those closed meetings nullified and to ensure future meetings are open to the public. The lawsuit was filed by Clayton lawyer Mark Pedroli's Sunshine and Government Accountability Project on behalf of Alan Hoffman, a citizen who objected to the…
Erik Siemers

City seeks court order against TEH Realty

3 days 16 hours ago
The city of St. Louis on Friday filed a lawsuit against TEH Realty, seeking a court order forcing the company to correct "deficient conditions" at the Southwest Crossing Apartments, 7851 Bandero Drive. A city spokesman, Jacob Long, said in a statement that the government made the move because it's cited TEH for 68 property code violations at the site, in south St. Louis. It's also condemned 14 of the complex's units, he said. "SM-T.E.H. Realty 3, LLC has also failed to maintain a refuse provider…
Jacob Kirn

United Auto Workers disbanding Hazelwood office amid corruption probe

3 days 17 hours ago
The United Auto Workers union is disbanding its Region 5 office, based in Hazelwood, after its leader was indicted by the feds and resigned. The Detroit News reported that Region 8, based outside Nashville, likely would absorb the southern tier of the 17-state Region 5, and that Chicago-based Region 4 would take the northern states. Former Region 5 Director Vance Pearson had been on paid administrative leave since October, but resigned last month. Federal prosecutors have said Pearson and other…
Jacob Kirn

Photos: What you missed at the Business Journal's inaugural C-Suite Awards

3 days 20 hours ago
The St. Louis Business Journal held its inaugural C-Suite Awards at the Hilton at the Ballpark in downtown St. Louis Thursday evening — with more than 250 guests in attendance to celebrate the 2019 honorees. The Business Journal over the years has touted the successes of local CEOs in our reporting and we've produced awards programs specifically for CFOs and for technology executives. But leadership comes in many roles, which are all necessary to the overall success of a company. That's why…
Veneta Rizvic

St. Louis biotech startup grows again by acquisition

3 days 21 hours ago
St. Louis biotech startup Canopy Biosciences, which provides gene editing and gene expression products and services, has made its second acquisition of 2019 with the purchase of California-based Core Diagnostics. Terms of the deal were not disclosed. Core Diagnostics operates a laboratory provides biomarker analysis and support for biopharmaceutical researchers. The company has raised about $12 million in funding. Canopy was founded in 2016 by BioGenerator, the investment arm of local bioscience…
Nathan Rubbelke

Two St. Louis companies make list of 15 worst corporate deals

3 days 22 hours ago
Two St. Louis companies were involved in a couple of the 15 worst cooperate biotech deals of the past 10 years, according to FierceBiotech, a biotechnology news publication. Bayer's $63 billion purchase of St. Louis-based Monsanto Co. in 2018 was one of the 15, as was Mallinckrodt Pharmaceuticals' $5.6 billion purchase of Questcor Pharmaceuticals in 2014. Mallinckrodt, based in Dublin, Ireland, has its U.S. headquarters in St. Louis. Bayer's stock has suffered as it has been overwhelmed with lawsuits…
Greg Edwards

Loop Trolley sets a closing date

3 days 23 hours ago
The Loop Trolley Co. said Friday that the streetcar line will shut down Dec. 29 because of financial problems. A spokeswoman said there will be a "transitionary period to establish next steps for the system." She said during that period, which wasn't defined, some staff will remain in place. Meanwhile, the board of Bi-State Development, which is considering taking over the trolley's operations, will discuss the streetcar at its meeting Tuesday. That will come in closed session, said spokeswoman…
Jacob Kirn

City aldermen to hear bill requiring public vote on Lambert airport privatization

4 days ago
A bill that would amend the city of St. Louis charter to require a public vote before city assets could be privatized will be introduced Friday before the Board of Aldermen, supporters said. The charter amendment, Board Bill 175, would require a public vote before city representatives could sign contracts privatizing municipal assets including the water and refuse departments, corrections and St. Louis Lambert International Airport. The bill will receive its first reading when the board meets Friday…
Diana Barr
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52 minutes 5 seconds ago
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