The Department of Commerce is giving nearly $1 million to promote minority business enterprises, or MBEs, in the St. Louis region.
The $900,000 grant announced Tuesday will establish a business center to provide minority entrepreneurs and business owners with contract and financing opportunities, bonding services and executive training.
A local union is protesting a sub-contractor working on St. Louis’ new police headquarters. Local 1 of the International Brotherhood of Electrical Workers opposes Thomas Ruzicka who has been convicted of embezzling more than $100,000 from former employees.
The union's business manager Frank Jacobs says Ruzicka is a license holder for R E Contracting that is handling about $1.2 million worth of electrical work for the downtown building.
Missouri businesses will have to shell out more money for unemployment taxes next year in order to pay down debt the state owes to the federal government.
Missouri began borrowing federal dollars in 2008 to pay for jobless benefits after an economic downturn drained the state's unemployment benefits trust fund. Brendan Cossette with the Missouri Chamber of Commerce and Industry says that led to the feds levying a surcharge on Missouri businesses to repay the borrowed money.
A federal lawsuit filed last week could create serious delays for the U-City Loop Trolley project.
It alleges that the vote taken to create the Loop Trolley Transportation Development District violated both state and federal laws.
Four individuals, including former University City Councilwoman Elsie Beck Glickert, filed the suit claiming it was unconstitutional to allow non-resident property owners to vote and weighting that vote based on the number of acres they owned.