Developer Paul McKee has two weeks to reimburse the city of St. Louis for legal fees associated with his Northside Regeneration project.
The city’s Board of Estimate and Apportionment voted Wednesday to give McKee until April 30 to pay approximately $57,000 in legal fees. That money is associated with a roughly three-year legal battle over McKee's proposal to redevelop portions of north St. Louis.
On Friday, Arch Grants announced the finalists for its 2014 Arch Grants Business Plan Competition. The field has been whittled down to 46 entrepreneurs. Twenty of those finalists will win $50,000 each along with business support services to help them launch amazing businesses. In exchange for winning, they have to locate, or relocate, to St. Louis for at least a year.
Baseball and business were both on the agenda when the China National Baseball Team visited St. Louis on Friday. Mayor Francis Slay and former U.S. Sen. Christopher "Kit" Bond were among those who met with the team at Ballpark Village overlooking the field at Busch Stadium.
St. Louis-based Rawlings, a sports equipment manufacturer, arranged for the Chinese team’s visit in the past few months as it finalized a contract with the team. The company announced last month that it will be the China National Baseball Team’s official apparel and equipment sponsor.
Arch Grants named the 46 finalists Friday who will compete for the 2014 round of grants.
Twenty companies will receive $50,000 grants each in exchange for moving to St. Louis.
The finalists have businesses proposals that range from education and consumer products to biomedical devices and technology. They represent four countries, including Canada, Colombia, the United Kingdom and the U.S., as well as 11 states.
Arch Grants Board President Jerry Schlichter said the competition is raising St. Louis' profile as a destination for entrepreneurs.
The American Farm Bureau Federation met Thursday with Monsanto and several other agribusiness companies, such as DuPont and John Deere, to talk about the use of big data in agriculture.
The meeting comes as farmers grapple with whether to share information with major agricultural businesses.
The Farm Bureau had been warning farmers to be cautious as Monsanto and DuPont rolled out new data services. Those services use farmers’ information, including crop yields, to determine the best seeds to use and how much to plant.
Nicholas Curry's sleeping arrangement has changed a bit over the last couple of days.
Curry, a junior at Washington University, has been camping out in a tent near Brookings Hall. It's part of a "sit-in" to get Washington University to cut ties with Peabody Energy, a large coal company that's headquartered in St. Louis.
"I slept out here with my dog Max," Curry said. "So, we spent the night here last night, and we'll be here tonight."
Laclede Group has acquired another natural gas utility, this one outside Missouri.
The company announced Monday it will buy the Alabama Gas Corporation, known as Alagasco, from Energen Corp. for $1.6 billion.
Energen had been seeking a buyer since early this year.
Laclede Group President and CEO Suzanne Sitherwood said the effective cost would drop to $1.34 billion after taking tax benefits of about $260 million dollars into account. The acquisition is also expected to generate net revenues in the first year.