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Boeing posts $4.3B annual loss as Dreamliner woes continue
These St. Louis companies were $1B 'unicorns.' Their valuations have since plummeted.
In 2021, St. Louis startups Benson Hill and Nerdy went public in a pair of deals that valued each company at more than $1 billion, making each a so-called "unicorn." However, in the months since Nerdy and Benson Hill began trading publicly, their share prices have dropped dramatically and shaved hundreds of millions off of each company’s market capitalization.
Bank got tens of millions for its namesake downtown tower
Among the first pandemic cancellations, St. Patrick's Day parades return to St. Louis
It's been two years since Dogtown was filled with St. Patrick's Day revelers, but this spring on March 17, organizers hope the streets will go green once again.
"We're back. The parade's back. The Dogtown festival is back," Jim Mohar, the parade's publicity chairman, said.
The parade is run by the Ancient Order of Hibernians. Mohar said they've been working with City Hall and their local board of aldermen representative to make sure things are good to go, and the numbers are looking better and…
'Really encouraging': St. Louis task force says Covid conditions improving, but hospitals still stretched thin
The number of Covid-positive patients in St. Louis-area hospitals is starting to decline from the record-high numbers of the Omicron variant, but hospital leaders said their staff is still stretched thin.
"We're finally starting to see some good progress in our fight against Omicron," Dr. Alex Garza of the St. Louis Metropolitan Pandemic Task Force said in a briefing Tuesday. "Our hospitalization totals continue to bounce around a little bit, but in general, they're trending down. And that's really…
Plant-based treats, a social network for dogs and more: These are Nestle Purina PetCare's newest startup investments.
First Look: New pizza concept opens in Maplewood
Nestle 'reorganization' to impact 138 jobs at its downtown IT office
Amazon moves into Sansone Group's Florida industrial park
Mixed-use project planned at World News site in Clayton
St. Louis leaders get extension on Loop Trolley plan, mayor says
Stacy Hastie's Environmental Operations moves from city
St. Louis is nearly out of industrial space: JLL on what’s next
The year 2021 was a wild one for the St. Louis industrial real estate market, and forecasts for 2022 show few signs of it easing.
“We have record levels of different metrics at play,” said David Branding, a managing director in JLL’s St. Louis office. "We're at a record low level of vacancy right now, near record-high levels of construction and high levels of leasing." Industrial vacancy in St. Louis is at an all-time low of 3.3%, he said.
Supply is so tight, in some cases, prospective tenants…
St. Louis County names new police chief
The St. Louis County Board of Police Commissioners has named Kenneth Gregory as the department’s chief of police – bypassing a selection process that has been customary within the department throughout its history.
“Over the past six months, the board has engaged in extensive discussions concerning our process for selecting and criteria for the next chief,” according to an email sent department-wide on behalf of the civilian board about the announcement. “Through our discussions, we addressed…