Economy & Innovation

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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Fracking
2:15 pm
Mon June 17, 2013

Gov. Quinn Signs New Fracking Regulations

The Illinois Capitol building in Springfield, Ill. (via Flickr/jglazer75)
(via Flickr/jglazer75)

Illinois Gov. Pat Quinn signed legislation Monday giving the state the nation's strictest regulations for high-volume oil and gas drilling.


In a news release, Quinn says the law will "unlock the potential" for thousands of jobs in southern Illinois while protecting the environment. Quinn's signature was expected after the measure sailed through the Illinois Legislature.

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Economic development cooperation
4:38 pm
Fri June 14, 2013

Economic Development Merger Clears Another Hurdle

St. Louis County Executive Charlie Dooley and Mayor Francis Slay on February 22, 2013, after announcing plans to partially merge economic devleopment functions.
(Maggie Crane)

St. Louis City and County are a step closer to merging some of their economic development functions.

The St. Louis Board of Aldermen on Friday sent their version of the agreement to Mayor Francis Slay, who's expected to sign it. The St. Louis County Council will take a final vote on its measure on Tuesday.

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Economy
12:01 pm
Thu June 13, 2013

Patriot Coal Denies Walking Out Of Talks With Mine Workers Union

UMWA President Cecil Roberts speaking earlier this year before a rally. Roberts has said he would not recommend miners agree to the terms approved by a federal bankruptcy judge in May.
Credit Chris McDaniel, St. Louis Public Radio.

Updated 6:15 p.m.


UMWA tweeted this afternoon that they and Patriot have "agreed to return to the bargaining table next week."


Original Story:


St. Louis-based Patriot Coal officials deny that the company "walked out" of talks with the United Mine Workers of America earlier this week.

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Patriot Coal
5:11 pm
Wed June 12, 2013

United Mine Workers Union Says Patriot Coal Walked Out Of Negotiations

Miners from across the country marching down Market St. in downtown St. Louis on Jan. 29. They protested a Peabody Energy/Patriot Coal plan to cut pension and health care programs following Patriot's bankruptcy.
(Adam Allington/St. Louis Public Radio)

The United Mine Workers of America say negotiators from St. Louis-based Patriot Coal walked out of talks Tuesday setting the stage for a possible strike.

The bankrupt company and the union were trying to come to an agreement even after a federal judge ruled in favor of a plan Patriot put forward to reduce costs.

UMWA spokesman Phil Smith says Patriot will now put that plan in effect July 1, including wage cuts for active miners and changes to health benefits for 23,000 retired miners and their families.

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Startups
8:00 am
Wed June 12, 2013

Update: Investments In St. Louis Tech Startups Nearly Doubled In 2012

Flickr: Randy Pertiet

Updated 6/13 4:56 with news of entrepreneur fund.

Business leaders and St. Louis City and County officials met today (Thursday) to announce a new effort to support entrepreneurs in the area.

The goal is to raise $100 million over the next five years.

The announcement comes on the tail of a recent report that found last year was a record-breaking year for St. Louis tech startups, which brought in $30 million dollars in investments.

St. Louis County Executive Charlie Dooley said the $100 million goal is bold, but doable.

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