Oberweis Dairy Inc., which filed for Chapter 11 bankruptcy protection earlier this month, said Tuesday afternoon that it has found a buyer for "substantially all" of its assets. But later Tuesday, Hoffmann Family of Cos., a private equity firm with ties to St. Louis, said it also wants to buy Oberweis.
An O'Fallon, Illinois, restaurant permanently closed Tuesday after its owner said in a social media post that it "cannot continue operating financially."
In a post on O'Town Food Hall and Tap House's Facebook page Tuesday, owner Stephen Edwards said the restaurant has struggled with sales and staffing since the Covid-19 pandemic and could not remain open, saying, "... our often-extreme efforts have only realized minimal gains, if any."
The restaurant, at 1214 Central Park Drive in O'Fallon, Illinois,β¦
The owner of Industrial Steel Fabrication LLC in Hazelwood admitted to committing fraud between October and December 2019 during a lock-and-dam repair project on the Mississippi River.
A new golf training facility has taken up a former office space in Lake St. Louis. Elv8 Golf includes several golf simulators, a 3,000-square-foot short game practice area, a playerβs lounge and gym.
A pair of bills in Jefferson City would make it easier for Missouri to compete for the kinds of multibillion-dollar advanced manufacturing megaprojects that are landing in rival states, writes state Rep. Brad Christ, R-Sappington.
During the Oracle Health Summit, Ascension President Eduardo Conrado shed light on his biggest fear for the health care industry and what needs to be done to manage it.
Since joining the bank in 2001, the new chief credit officer has managed the bank's credit risk and commercial underwriting, with the loan portfolio growing from $505 million to $2.1 billion, the bank said.
The parent company of a local bank completed an internal review of its agricultural loan portfolio and found itβs in βsound condition,β a bank executive said Tuesday.
A cafe and caterer will relocate to a larger space in downtown St. Louis, a move set to both triple its physical footprint and provide a hefty boost to its top line.
The St. Louis Blues are sitting out the National Hockey League playoffs for a second consecutive season, but that didnβt keep fans from packing Enterprise Center during the teamβs regular season.
The buyer will relocate its headquarters from Denver to the 284-acre St. Louis County retreat where the aerospace giant hosted corporate training for two decades until the Covid-19 pandemic.
The Sugarfire/Hi-Pointe/Chicken Out restaurant group, which last year topped the Business Journalβs list of the largest locally based restaurant groups, is no more, but two of its concepts live on under separate ownership.
The Biden administration finalized nursing home staffing rules Monday that will require thousands of them to hire more nurses and aides β while giving them years to do so.
The new rules from the Centers for Medicare & Medicaid Services are the most substantial changes to federal oversight of the nationβs roughly 15,000 nursing homes in more than three decades. But they are less stringent than what patient advocates said was needed to provide high-quality care.
Spurred by disproportionate deathsβ¦
The city of St. Louis will be awarded federal funding for residential solar projects as part of two coalition groups that are among 60 chosen to receive a combined $7 billion in awards.
A Canadian university studying downtown recoveries says that St. Louis saw more activity in its core from March 2023 through February this year, citing mobile phone usage.
Two broadcast journalists who left St. Louis two years ago for jobs in Washington, D.C., have returned, both taking new posts with local nonprofit organizations.