Economy & Innovation

Laclede Gas
3:40 pm
Wed July 17, 2013

Mo. Regulators Approve Laclede Gas Purchase Of MGE

(via Flickr/Fergus Randall)

The Missouri Public Service Commission has given the go-ahead for St. Louis-based Laclede Gas to purchase Missouri Gas Energy.

Commission members placed a major condition on the purchase – Laclede Gas is barred from seeking a rate increase in its current service area until October of 2015.  Laclede spokeswoman Jessica Willingham says, though, they would be allowed to seek an increase in the areas currently served by Missouri Gas once the purchase becomes official.

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Economy
3:25 pm
Tue July 16, 2013

Fathers' Support Center And SLATE Receive $2M In Grants To Fund Job Training Opportunities

Judge Jimmie Edwards speaks at today's press conference. Edwards created the youth-focused Innovative Concept Academy, which will benefit from a grant from the Department of Labor to create job training opportunities for criminal offenders.
Credit Erin Williams

 

Ex-criminal offenders in the St. Louis region will get assistance in finding jobs through two new grants from the Department of Labor.

The Fathers' Support Center received a $1.4 million grant, and the St. Louis Agency on Training and Employment is working with the Center to create more job training opportunities for former felons. The “Training to Work – Adult Reentry” grant will fund job training through Ranken Technical College.

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St. Louis on the Air
6:06 pm
Mon July 15, 2013

In Depth: St. Louis’ New Effort To Become Fastest Growing Metro For Immigration By 2020

(via Flickr/NathanReed)

Late last month regional leaders launched the St. Louis Mosaic Project, an initiative to make the region the fastest growing metro area for immigrants by 2020.

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Regional employment
3:42 pm
Tue July 2, 2013

Unemployment Rate Remains Steady In St. Louis Region

via Flickr/KellyB.

The unemployment rate in the St. Louis area remained slightly below the national average in May, but a local economics professor says the story behind that number isn’t good news.

The Bureau of Labor Statistics released the non-adjusted data today. That means it does not take into account predictable seasonal changes.

The 7 percent unemployment rate for the St. Louis area is an improvement from May 2012, and far below the peak unemployment rate of 10.4 percent in 2009.

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Business
2:29 pm
Mon July 1, 2013

Metro Ready For Fair St. Louis, Continues New Farebox Testing

Credit St. Louis Public Radio Staff / St. Louis Public Radio

The mass transit agency Metro says buses and trains will run as usual for Fair St. Louis this week, despite the possibility of a labor strike.

Vice president of marketing and communications Dianne Williams says Metro is monitoring negotiations with its union, the Amalgamated Transit Union Local 788.

"We do expect to be able to serve Fair St. Louis this week," Williams said. "We will, if we're able, have extra services out on the street. We do every year for Fair St. Louis to accommodate the crowds."

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Immigration
3:24 pm
Thu June 27, 2013

New Initiative Aims To Spur St. Louis Economic Growth Through Immigration

Credit (via Flickr/NathanReed)

The St. Louis region needs more immigrants to help bolster the economy.

That was the message delivered by public officials and representatives from economic development agencies during the launch of St. Louis Mosaic Project on the same day comprehensive immigration reform cleared the U.S. Senate.   

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St. Louis on the Air
4:50 pm
Thu June 20, 2013

Part Two: Starting Something In St. Louis

Khalia Collier, owner and GM of the St. Louis Surge. Ms. Collier was one of three entrepreneurs featured on the program.
(Courtesy: Khalia Collier)

Entrepreneurs are defined as risk-takers.  They are people who take a business idea and run with it, hoping their endeavor is commercial viable and one which can be sustained.

Earlier this month, business leaders and St. Louis City and County officials announced a new effort to support entrepreneurs and startup companies in the St. Louis region.  The goal is to raise $100 million over the next five years.

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St. Louis on the Air
5:24 pm
Wed June 19, 2013

Part One: Starting Something In St. Louis

(via Flickr/breahn)

Earlier this month, business leaders and St. Louis City and County officials announced a new effort to support entrepreneurs and startup companies in the St. Louis region.  The goal is to raise $100 million over the next five years.

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St. Louis on the Air
5:42 pm
Tue June 18, 2013

Boosting Business And Leadership In St. Louis’ Hispanic Communities

The graduates of the first Latino Leadership Institute in 2012
(Courtesy: Hispanic Chamber of Commerce of Metropolitan St. Louis)

The Hispanic community in the St. Louis region is expanding and for more than 30 years, the Hispanic Chamber of Commerce of Metropolitan St. Louis has supported and promoted Hispanic owned businesses.

In 2009, the Chamber established a charitable arm, the HCC STL Foundation, which focuses on youth, workforce development and education.  The Chamber’s Latino Leadership Institute (LLI) is a skills-based leadership training program for young Hispanic professionals.

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Patriot Coal
3:02 pm
Mon June 17, 2013

Miners Rally Again To Protest Patriot Coal Bankruptcy

UMWA members and supporters protest in downtown St. Louis on June 17, 2013. This was the first rally since a Patriot Coal bankruptcy ruling allowed the company to change retirees' health benefits.
(Rachel Lippmann/St. Louis Public Radio)

More than a thousand United Mine Workers of America members were back in St. Louis on Monday, the latest in a series of protests against Peabody Energy and its handling of their  retirement and health care benefits.

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