Economy & Innovation

Laclede Gas TIF
4:25 pm
Fri December 13, 2013

Laclede Gas Incentives Get Final Approval

Thanks to a $7 million package of tax incentives, the General American Building will be the new headquarters of Laclede Gas.
(via Wikiemdia Commons/Nyttend)

The St. Louis Board of Aldermen has approved a $7 million package of tax incentives for renovations to the new downtown headquarters of Laclede Gas.

The measure easily cleared the board today by a vote of 23-2. The incentives will help the developer replace windows and heating and cooling systems, and make other upgrades to the General American Building at 706 Market.

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Boeing
5:32 pm
Thu December 12, 2013

Boeing To Add Hundreds Of Research Jobs In St. Louis County

Credit (via Boeing)

Boeing has been on the minds of the Show-Me State's political figures lately, thanks to the effort to lure the manufacturing of the 777X airplane to Missouri.  Now, the company is planning to bring several hundred research and development jobs to the St. Louis region. 

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Boeing
5:02 pm
Thu December 12, 2013

Boeing Adding Hundreds of Research Jobs to St. Louis County

Credit (via Boeing)

With the effort to lure Boeing’s 777X on the minds of the Show Me State’s political figures, the company is planning to bring several hundred research and development jobs to the St. Louis region. 

    

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Safety Net
6:47 am
Thu December 12, 2013

Commentary: The ‘Frugal Comfort’ Of Minimum Wage

Workers demonstrate in support of a higher minimum wage earlier this month.
Credit Bill Greenblatt | UPI

A push is going on to enact a $15-an-hour minimum wage. While some increase may be justified, that would make it more than a safety net.

 The Churchillian observation raises an interesting question: why should the queen concern herself with the minimum wage? After all, she’s always been rather well compensated for her labors, whatever those may be. 

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Metro East Levees
5:20 pm
Wed December 11, 2013

Corps Pushes To Finish Levee Fixes

A levee along the Chain of Rocks canal in America's Central Port in Granite City, Ill.
(Véronique LaCapra/St. Louis Public Radio)

Upgrading the Metro East’s aging levees is finally on Washington’s radar, according to officials with the U.S. Army Corps of Engineers.

Yet they warn that the push for more federal funding must continue if the Corps hopes to bring the levees back to 500 year flood protection standards by 2021. That's the Corps’ latest projection for completing the work.

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Commentary
5:09 pm
Tue December 10, 2013

Commentary: Disability Employment Should Not Be A 'Special' Issue

Kathleen Martinez
Credit Courtesy Starkloff Disability Institute

In a speech sponsored by the Starkloff Disability Institute, the assistant secretary of labor and head of the Office of Disability Employment Policy spells out why hiring people with disabilities makes good sense. The remarks have been edited for length and clarity.

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Boeing
9:08 pm
Mon December 9, 2013

St. Louis County Could Offer Boeing Up To $1.8 Billion In Tax Incentives

St. Louis Mayor Francis Slay, St. Louis County Executive Charlie Dooley and Berkeley Mayor Ted Hoskins testify in favor of a local incentives for Boeing. The measure passed Monday without opposition.
Credit File photo

St. Louis County is prepared to offer up to $1.8 billion to Boeing if the company steers production of the 777X aircraft to the county. 

The St. Louis County Council unanimously approved a resolution pledging local incentives – including tax increment financing and tax abatement – if Boeing moves production of the civilian aircraft to the the county. St. Louis County Executive Charlie Dooley said the swift action was necessary to meet Tuesday’s deadline for the state to respond to the company’s request for proposal.

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St. Louis on the Air
4:48 pm
Wed December 4, 2013

St. Louis: Bitcoin Accepted Here

Vance Crowe of Articulate Ventures (left) and Michael Huber of Paradigm New Media complete a Bitcoin transaction.
Rachel Gibbens

St. Louis is building a reputation for being a home for innovative businesses. But this week, innovation of a different sort took place - an innovative business practice. 

Instead of swiping a credit card or depositing funds into a bank account, Paradigm New Media paid Articulate Ventures the equivalent of $3,000 in Bitcoin, a digital currency.

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IKEA
8:41 am
Wed December 4, 2013

IKEA Bringing A Store (And Its Meatballs) To St. Louis City

(via Flickr/WarmSleepy)

Updated 5:00 p.m. with additional details.

St. Louis' IKEA store will open in Fall 2015 and will be the Swedish retailer's 40th store in the United States.

Here's an artist's rendering of the store, which is slated for the corner of Forest Park and Vandeventer avenues in the Cortex development.

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St. Louis on the Air
5:42 pm
Wed November 27, 2013

What's Next For Lambert - St. Louis International Airport?

Lambert - St. Louis International Airport
file photo

The week of Thanksgiving is one of the busiest weeks of the year for Lambert - St. Louis International Airport, as travelers make their way home for the holidays.

But movement of another sort is also going on at Lambert - a dual push to both make the airport a stronger economic engine for the region and a more inviting entry-point for the city.

Airport As Economic Driver

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