Economy & Innovation

Baseball/Business
3:38 pm
Fri April 11, 2014

St. Louis Officials Host China National Baseball Team

Mayor Francis Slay welcomes the China National Baseball Team to St. Louis. The team met with St. Louis officials and sportsmen Friday morning at Ballpark Village.
Credit Nora Ibrahim

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.

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Economy & Innovation
1:00 pm
Fri April 11, 2014

Arch Grant Finalists Announced

Credit (UPI/Bill Greenblatt)

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.

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Precision Farming
5:23 pm
Thu April 10, 2014

Monsanto, DuPont Meet With Farm Bureau About Big Data

Credit (Flickr)

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.

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Peabody
4:41 pm
Wed April 9, 2014

Students Want Washington University To Cut Peabody Ties

Protestors converge on the steps of Brookings Hall to protest Washington University's ties with Peabody.
Jason Rosenbaum/St. Louis Public Radio

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."

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The Rundown
8:44 pm
Mon April 7, 2014

Economy & Innovation Rundown: Ladies First. Sometimes.

It's not just April showers that bring flowers. Technology can do it, too.
Credit (Flickr/Moyan Brenn)

By the time this post is published, people across St. Louis are reveling from having watched the first Cardinals’ home game of the season and are gearing up for a fabulous season.

I’m hoping that is the case because this week's rundown on economy and innovation isn’t all sunshine and flowers. Actually there could be flowers, but you’ll have to wait to read about that.

First, let’s talk entrepreneurship. 

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Laclede Gas
4:29 pm
Mon April 7, 2014

Laclede Expands Into Alabama

Credit (Filckr/Timothy Vollmer)

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.

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Bicycle
3:53 pm
Fri April 4, 2014

Missouri House Weighs Role Of Bike Travel In Transportation Spending

Flickr/Jeremy Noble

Missouri lawmakers are weighing what role bicycles should play in the future of transportation spending. 

A proposed constitutional amendment would raise the state sales tax by a penny to bridge any anticipated shortfalls over the next ten years. Most of the money would be for roads and bridges, but 10 percent could be earmarked by local governments for alternative forms of transportation including bicycle, air, rail, and pedestrian projects.

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Commentary
10:58 pm
Thu April 3, 2014

Editor's Weekly: St. Louis History Is A Hit With Current Residents

A piece of tin enameled ceramic from the colonial period found in the archeological dig below site below the Poplar Street Bridge. It is likely a Spanish ceramic of polychrome majolica.
Credit Stephanie Zimmerman | St. Louis Public Radio intern

News is usually, well, new. But some of our most interesting stories recently have focused on things that are old – really old.

This week, Alex Heuer reported that construction under the Poplar Street Bridge has unearthed remnants of one of St. Louis’ original French houses – something historians never expected to find. Shards of pottery are a clue that the city’s residents may have been more prosperous than previously thought.

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Energy
2:54 pm
Thu April 3, 2014

NAACP Report Calls For Bolstered Renewable Energy Production

Credit (Missouri Solar Energy Industry Association)

(Updated at 10:25 p.m. on Thursday)

A report from the NAACP says Missouri should increase production of renewable power and require utilities to offer energy efficiency programs. 

Accomplishing those goals, the report says, could provide better health, cheaper utility bills and more manufacturing jobs in the state’s urban core.

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Economy & Innovation
4:51 pm
Wed April 2, 2014

Laclede Extends “Cold Weather Rule”

Credit (Flickr, Tim)

Laclede Gas announced Wednesday that it will honor Missouri’s Cold Weather Rule for an extra month.

State law prohibits utility companies from turning off customer’s service if the temperature dips below 32 degrees within a 24-hour period.

Ordinarily, the rule is in effect from Nov. 1 through March 31.

This winter has been so cold, however, that Laclede decided to extend the rule through April.

"We know our customers have been struggling this winter because it’s been so bitterly cold," spokeswoman Jenny Gobble said.

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