Economy & Innovation

KWS Gateway Research Center
6:48 am
Tue June 17, 2014

Commentary: The Power Of WE

Sam Fiorello
Credit Donald Danforth Plant Science Center

Years ago when I lived and worked in Washington, D.C., the city was crippled by an intense January snowstorm. My office was a short walk from my apartment so I was able to salvage at least an abridged day of work. While walking home, with snow still falling heavily, I came upon a homeless man named Charlie whom I had seen almost daily in the same spot. When I stopped to ask Charlie if he was OK, he stood transfixed, looking at a few flakes of newly fallen snow on his gloved hand. Charlie smiled at me and said, "Isn't it amazing? Individually these flakes are so fragile.

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KWS St. Louis
10:00 am
Mon June 16, 2014

European Big Ag Company Chooses St. Louis

Credit Courtesy Donald Danforth Plant Science Center

KWS, a German agricultural company, is opening a research center at BRDG Park in the Donald Danforth Plant Science Center’s campus.

The company, which specializes in plant breeding, has 4,800 employees in 70 countries. The new facility will be its first molecular plant research space in North America, hiring 25 positions in the first year and another 75 in following years.

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EPA Carbon Rules
8:02 pm
Sun June 15, 2014

Cutting Carbon Emissions: Creating Or Killing Jobs?

Credit (Veronique LaCapra/St. Louis Public Radio)

The Environment Protection Agency’s proposed regulations on carbon emissions released earlier this month are sparking debate on whether the rule changes will create jobs or kill jobs.

The new rules seek to reduce American’s carbon dioxide emissions from the power sector by 30 percent by 2030 from 2005 levels. States have until June 30, 2016 to draft plans for how to reduce their average emissions.

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Department of Revenue Delay
4:57 pm
Fri June 13, 2014

Missouri Has Yet To Pay Out $113 Million In State Tax Refunds

Credit (via Flickr/401K)

Thousands of Missourians are still waiting for state income tax refunds, nearly two months after the April 15 filing deadline.

As of today, Michelle Gleb, director of communications for the Missouri Department of Revenue, said 260,826 tax refunds are pending; the refunds total almost $113 million. Gleba says the department is working to get the refunds out as quickly as possible and as cash flow allows. They expect all refunds to be made by the end of June.

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Billion Dollar Impact
9:16 am
Fri June 13, 2014

Companies Investing More in St. Louis Minority-Owned Businesses

Ed Bryant speaks during the St. Louis Minority Business Council Lunch Program on June 12.
Credit Parth Shah

Local companies are buying more and more goods and services from minority vendors. That's according to the St. Louis Minority Business Council, a coalition of local corporations and minority-owned businesses.

The group launched the “Billion Dollar Impact” project back in 2011 with an initial goal of increasing spending by a billion dollars by July 2014. Over the past three years, companies in the St. Louis region have spent more than $1.4 billion on contracts with minority-owned businesses, exceeding expectations by over $400 million.

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Innovation Centers
4:24 pm
Wed June 11, 2014

Cambridge Innovation Center Is Starting Bigger (And Sooner) In St. Louis

CIC St. Louis will not just be housed in the @4240 building in Cortex. It's also taking over management and operations of the Center for Emerging Technologies at 4041 Forest Park Ave.
Credit (Courtesy Cortex)

The expansion of the Cambridge Innovation Center to St. Louis is taking on bigger dimensions than originally planned.

CIC is well known for providing space and services to startups in the Boston area. It's attracted hundreds of startups and established tech companies such as Amazon and Facebook since its founding by the Massachusetts Institute of Technology in 1999.

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St. Louis on the Air
6:13 pm
Mon June 9, 2014

The Winners and Losers Of Raising The Minimum Wage

Fast-food workers protesting outside the Wendy's on Gravois Road in south St. Louis in May 2014.
Credit Jess Jiang/St. Louis Public Radio

After the city of Seattle voted to raise its minimum wage to $15 an hour earlier this month, the discussion over the pros and cons of raising the minimum wage continues to heat up. In Missouri, the minimum wage is $7.50 an hour, 25 cents higher than the federal minimum wage of $7.25.

Most can agree there will be winners and losers if a wage increase happens in Missouri, but who the losers would be and the overall effect on the economy still remain up for debate.

Lindenwood University economist Howard Wall is against raising the minimum wage.

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Economy & Innovation
5:00 am
Mon June 9, 2014

Report On Rise Of Innovation Districts Highlights St. Louis

Credit (Courtesy Cortex)

A new report out released Monday by the Brookings Institution on "innovation districts" prominently features St. Louis' Cortex.

The Rise of the Innovation District: A New Geography of Innovation in America looks at several of these areas in both Europe and the U.S. It defines the districts as "geographic areas where leading-edge anchor institutions and companies cluster and connect with start-ups, business incubators and accelerators."

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Metro
1:41 pm
Fri June 6, 2014

Metro's Big Buses Roll Onto Busy Grand Route On Monday

Metro's 60-foot buses will make their debut on Monday.
Parth Shah | St. Louis Public Radio

Jordan Wilson saw the No. 70 Grand Line’s capacity issues firsthand.

The north St. Louis County resident is a regular rider on Metro’s buses. When he rode the Grand Boulevard line, it was filled to the brim.

“I can see that it’s already packed, and the need is already there,” Wilson said.

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Food festival
10:43 pm
Thu June 5, 2014

Horseradish Roots Run Deep In The Metro East

Farmer Jeff Heepke stands in a horseradish field near Roxana, Ill. His great-grandfather brought roots from Germany.
(Mary Delach Leonard, St. Louis Public Radio)

There's a pretty good chance that the jar of horseradish you have in the refrigerator has its origins in farms located just across the river from St. Louis.

St. Clair and Madison counties in Illinois produce the lion's share of horseradish in the U.S. According to the U.S. Department of Agriculture, just 16 growers in Illinois harvest horseradish from 1,779 acres, accounting for about 60 percent of the nation's horseradish. Nationally, only about 3,100 acres are in horseradish production.

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