Economy & Innovation

Professional Sports
4:10 pm
Fri February 21, 2014

Possibility For Pro Soccer In St. Louis Being Kicked Around

St. Louis hosted a friendly game of soccer between Argentina and Bosnia in November, 2013. The enthusiasm has helped bolster hopes for a pro team.
(Tim Lloyd)

The owners of two amateur soccer teams are joining forces to bring a United Soccer Leagues professional team to St. Louis.

Tony Glavin owner and coach of the St. Louis Lions and Andrew Haines, St. Louis Ambush indoor soccer team owner, are hoping to establish pro team presence by 2015.

The partners created a website to gauge interest. Glavin calls the response "phenomenal."

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Business
5:12 pm
Thu February 20, 2014

St. Louis' Realty Market Follows National Trend: Home Sales Likely To Flatten In 2014

Housing prices have gone up, but home sales are expected to flatten this year.
(Flickr/Jessica Perdue)

Following a two-year recovery in the housing market, the National Association of Realtors’ chief economist expects sales to level off.

"Right now there are two opposing forces; higher mortgage rate anticipation, which is always a negative, and more job creation, which is a positive." said Lawrence Yun, "So, I think it will be a more neutral year in terms of home sales."

Yun spoke to members of the St. Louis Association of Realtors Thursday morning. His key points for this market:

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Opinion
8:56 pm
Wed February 19, 2014

Commentary: Of Vitamins and Wage Hikes, Evaluating Stimulants

Vitamin supplements: Good or bad?
Credit Ragesoss | Wikipedia

Epistemology is the study of knowledge. The dictionary defines it as “that department of philosophy which investigates critically the nature, grounds, limits, and criteria, or validity, of human knowledge; Theory of cognition.” Woody Allen once called it the intellectual discipline that asks the question, “can we know what we know and if not, how do we know that?”

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St. Louis on the Air
3:48 pm
Wed February 19, 2014

Author Discussion: Finding Profit In Climate Change

Scientists collect research on the Arctic ice melt from a melt pond during an expedition documented by St. Louis photojournalist Randall Hyman.
(© Randall Hyman)

In his book “Windfall: The Booming Business of Global Warming,” author and freelance journalist McKenzie Funk moves the conversation on climate change beyond whether or not it is happening to focus on people around the world who are finding ways to profit from it.

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Obituary
11:15 am
Wed February 19, 2014

Col. Edwin A. Harper: Member of World War II Black Sheep Squadron; earned two Purple Hearts

Ed Harper, USMC Colonel Ret.
Credit Family Photo

Col. Edwin A. Harper (USMC, Retired), the next to last survivor of the fabled World War II “Black Sheep Squadron” and later the commander of a squadron of fighter pilots poised to strike during the 1962 Cuban Missile Crisis, has died at his home in Lake Saint Louis. He was 93.

Col. Harper’s life was the stuff of which movies are made, or at least TV shows. The Black Sheep Squadron was immortalized by the highly fictionalized 1970s television series, Baa Baa Black Sheep. Col. Harper was not bothered that the raucous series strayed so far from the facts.

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Planes and People
10:04 pm
Mon February 17, 2014

Business Rundown: Our Military Economy

Boeing's F/A 18 Super Hornet line may be on the chopping block
Credit (Courtesy of Boeing)

We just kicked off a year-long celebration of St. Louis’ 250th anniversary.  As an editor, I had the pleasure of working with Maria Altman on her audio Valentine to the city. If you haven’t heard the piece yet, you should definitely take a listen; it’s very fun and uplifting.

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Missouri Cow Count
7:42 pm
Mon February 17, 2014

Missouri Reclaims Second Highest Beef Cow Count in US

Veronique LaCapra/St. Louis Public Radio

Missouri has retaken its position as the number two beef cow producer in the nation. The USDA’s annual inventory shows the state surpassed Nebraska with a 63,000-increase in cows from 2012 to 2013.

Dry weather across the country had a lot to do with Missouri reclaiming the spot which it held from 1983 to 2008, said University of Missouri agriculture economist Scott Brown.

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Infrastructure
12:46 pm
Sun February 16, 2014

Commuters Slow To Adapt To New Bridge

Credit (Kristi Luther/St. Louis Public Radio)

Commuters are taking a while to warm up to the new Stan Musial Veterans Memorial Bridge over the Mississippi River.

Traffic on the bridge, which carries I-70 north of downtown St. Louis, is estimated to reach 40,000 vehicles a day eventually. But after an initial spike, the bridge saw traffic volume of about 28,000 vehicles a day during its first week of regular use.

Joseph Monroe with the Illinois Department of Transportation says engineers expect it to take some time for motorists to change their routine.

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Tech Business
5:38 pm
Fri February 14, 2014

St. Louis IT Startups In Good Shape

The St. Louis economy is seeing a growth in tech entrepreneurship.
Credit (via Flickr/derekGavey)

A report released today is touting the emergence of St. Louis as tech startup hot-spot.

ITEN, a non-profit that provides programs, events and access to resources for area startups produced the report. It collected data from more than 350 area startups and evaluated the health of the industry by looking at a variety of measures, including the amount of funds raised, current monthly revenue and the number of employees. 

Optimistic Outlook:

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Business
6:46 pm
Thu February 13, 2014

County Assessor To Review Property Tax Exemptions Of Non-Profit Groups

St. Louis County Assessor Jake Zimmerman.
St. Louis County Assessor's Office

The St. Louis County Assessor’s Office will undertake a review of all tax-exempt properties in the county to confirm their owners still qualify for the tax break.

Exemptions have been granted to thousands of non-profit groups because their properties are used for charitable, religious or educational purposes, but some of them no longer qualify, said County Assessor Jake Zimmerman.

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