Economy & Innovation

Economy & Innovation
5:12 pm
Fri December 19, 2014

St. Louis Fed: Moderate Optimism For Region's Economy

Eastern Missouri and southern Illinois saw the unemployment rate drop significantly to 6.3 percent - the lowest level since mid-2008.
Credit BLS, courtesy of Federal Reserve Bank of St. Louis

A new report from the Federal Reserve Bank of St. Louis shows two-thirds of businesses surveyed are moderately optimistic about the St. Louis region's economic outlook in 2015.

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St. Louis business
3:13 pm
Wed December 17, 2014

Give A Gift And Support A St. Louis Startup

Greetabl offers boxes that also serve as a greeting card and can be mailed.
Credit (courtesy greetable)

The clock is ticking on the holiday shopping season.

If you’ve still got a few people on your list, here are some unique items from young companies right here in St. Louis.

Greetabl produces colorful gift boxes that allow you to write a message, put in a small gift and either mail it or give it in person. The company, launched just last year, is among this year’s Arch Grants recipients.

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St. Louis on the Air
1:23 pm
Tue December 16, 2014

Venture Cafe Director Seeks ‘Serendipitous Collisions’ Between St. Louis Innovators, Resources

Venture Cafe is not a typical cafe. Visitors will find coffee, beer and wine, but replace the typical pastries with entrepreneurs.

“I talk about serendipitous collisions,” Venture Cafe’s executive director Travis Sheridan told “St. Louis on the Air” host Don Marsh on Tuesday. “It’s about getting the right people at the right place at the right time, and then miraculously the right things happen.”

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Gas prices drop
2:24 pm
Mon December 15, 2014

Why Does Missouri Have The Lowest Gas Prices In The Country?

The Conoco at 3934 S. Grand Blvd was selling gas for $2.07 on Monday.
Credit Maria Altman | St. Louis Public Radio

It’s sticker shock turned upside down.

Filling up your gas tank is almost pleasant as prices at the pump continue to fall. In St. Louis on Monday, a gallon of gas averaged $2.22, but it could be found for as low as $2.07.

While the entire country is seeing lower gas prices, Missouri has averaged the lowest. The American Automobile Association listed the state’s average as $2.25 a gallon on Monday. Meanwhile the average in Illinois was $2.57; in California it was $2.87 and a whopping $2.98 in New York.

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Community Support
8:24 pm
Sun December 14, 2014

Southwest Illinois Toy Drive Benefits Military Families

Angela Mayfield picks out toys for her three children at the Belleville VFW on Sunday, December 14, 2014.
Credit Camille Phillips/St. Louis Public Radio

Military parents in southwest Illinois and the surrounding area were given some help putting gifts under the Christmas tree Sunday.

About 400 toys, plus stocking stuffers and school supplies were distributed to military families at the Belleville VFW hall, just outside Scott Air Force Base.

Parents were able to select one large toy for each of their children from a variety of items donated by individuals and corporations.

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2:39 pm
Thu December 11, 2014

#FergusonRebuild Initiative Kicks Off Crowdfunding Campaign

Cathy's Kitchen on South Florissant Road lost one window following the grand jury announcement Nov. 24th. Missouri Secretary of State Jason Kander announced his #FergusonRebuild initiative at the restaurant Thursday.
Credit Maria Altman | St. Louis Public Radio

Missouri’s Secretary of State has begun a new initiative to help businesses in the Ferguson area get back on their feet.

Jason Kander, a Democrat, is donating $25,000 from his campaign fund to kick off #FergusonRebuild. He said the campaign will also seek donations through the crowdfunding site,

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Aging population
11:07 pm
Wed December 10, 2014

After Outcry And Anger, Oakville Senior Living Opens To Capacity

Geneva Moran moved into National Church Residences Telegraph Road this summer. She said she's had a great experience, even though the facility was often mired in controversy.
Credit Jason Rosenbaum, St. Louis Public Radio

On Tuesday afternoon, residents of a newly-minted senior living facility in south St. Louis County were ready for a party.

After officially opening in June, officials with the South County Chamber of Commerce helped cut the ribbon on National Church Residences Telegraph Road.  Inside a room with shiny wooden floors and hip artwork and decor, the $5.2 million building was officially welcomed into the unincorporated St. Louis County township of Oakville.

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5:15 pm
Wed December 10, 2014

New Ferguson Business Fund To Be Announced

Volunteers help board up a business along South Florissant Road on Nov. 25, the day after the grand jury announcement.
Credit Maria Altman | St. Louis Public Radio

A private relief fund for businesses affected by the looting and violence in Ferguson will be announced Thursday.

Missouri Secretary of State Jason Kander will be in Ferguson Thursday morning for the announcement of #FergusonRebuild. The initiative is in partnership with the Regional Business Council and North County Incorporated.

The non-governmental grants will help businesses in Ferguson, Dellwood and Jennings.

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Ferguson fallout
2:34 pm
Wed December 10, 2014

Bar Owners Sue After Police Command Center Closed Their Business

Missouri National Guard posted at the Unified Police Command on Aug. 18, 2014. Swiish Bar and Grill was closed Aug. 10-27 while the command center was set up in its parking lot.
Credit (Maria Altman, St. Louis Public Radio)

The owners of Swiish Bar and Grill in Jennings didn’t suffer broken glass or looting during the unrest following Michael Brown’s death, but they still took a big loss.

That’s because state and local law enforcement ordered the business closed so that the police command center could be staged just outside the bar. Swiish Bar and Grill at 8021 West Florissant Ave., is just down the street from where protests were taking place in Ferguson. It remained closed for 17 days.

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Economy & Innovation
1:55 pm
Wed December 10, 2014

Crews Make Progress On Rehab Of Landmark Eads Bridge

The Eads Bridge reaches over the Mississippi River to connect St. Louis and East St. Louis
Credit Metro Transit

The massive rehabilitation of the landmark Eads Bridge should be complete by early 2016. Officials say they are at the half-way point and the $40 million project remains on budget.

Crews have been blasting away at 140 years of paint and corrosion on the span over the Mississippi River linking St. Louis and East St. Louis.

"So much of it that I will tell you it looks brand new," said John Nations, president of the Bi-State Development Agency, which operates Metro Transit and is overseeing bridge maintenance.

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