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2 developers agree to purchase Tower Tee from McBride Homes, will preserve the legacy of the South County fixture

There are new plans for a South County fixture. A former Affton resident has come to an agreement with McBride Homes and J.H. Berra Construction for the purchase of the Tower Tee property, KSDK rep…
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Dressbarn to shutter all stores

Women's clothing chain Dressbarn said late Monday that it would wind down its retail operations, closing all of its approximately 650 stores. The chain has 11 St. Louis-area locations, according to …
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Walmart unveils plans for its massive new headquarters (photos)

Walmart Inc. unveiled its plans for its new Bentonville headquarters that will take over 350 acres in the northwest Arkansas city. The retailing giant (NYSE: WMT) said, "Our campus will be integrat…
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Steak 'n Shake overtime judgment climbs to $7.7M

A federal judge this month tacked on more than $4.6 million to a nearly $3 million judgment against Steak 'n Shake in an overtime case. A jury verdict was affirmed in February, but U.S. District Jud…
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U City officials double down on Olive/170 project after new TIF deal

City officials say the project will still be "transformational" despite a revised agreement that reduces the amount of money the city would have received upfront.
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Kirkwood businessman indicted for embezzling $3.8M

Bryan Vonderahe of Kirkwood was charged Thursday in a federal indictment on three counts of wire fraud. The indictment alleges that Vonderahe, 45, schemed to defraud the company where he was employ…
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Guide to transferring the family business to the next generation

There are challenges in completing a successful transition of ownership to the next generation, but as inspirational writer William Arthur Ward once stated, “The pessimist complains about the wind; t…
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St. Louis biotech startup selected for prestigious accelerator program

Drug development startup Gateway Biotechnology hopes its selection to a prestigious Boston-based accelerator program provides access to future investors and partners as it looks to grow its presence …
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Could Centene be acquired? One analyst details why it could make sense

Reports indicate a pair of hedge funds believe Centene can do better than its proposed $17.3B deal for WellCare if it were to find a buyer for itself.
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Portion of I-44 closing next weekend for Watson Road Bridge removal

A portion of Interstate 44 will be closed from May 31 to June 3. According to the Missouri Department of Transportation, all eastbound and westbound I-44 lanes between Interstate 270 and Geyer Road…
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New Abortion Ban Would've Outlawed 84 Percent of Missouri Abortions in 2017

While national attention turns toward a Supreme Court showdown over the future of Roe vs. Wade, the bill passed by the Missouri legislature on Friday — seeking to restrict abortions to eight weeks — …
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Novus redevelopment to go back before U City Council

A controversial redevelopment plan at Olive Boulevard and Interstate 170 will go back before University City legislators after running into problems. Lawmakers plan a 9 a.m. press conference Monday …
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Beyond the List: Credit confidence

This year’s 25 largest credit unions had a combined total of $8.6 billion deposits, a 3.2% increase over last year.
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Page administration looks to close Stenger's 'open-ended' bank account

St. Louis County Executive Sam Page on Thursday asked for the closure of a government bank account he said held petty cash for the office of his predecessor, Steve Stenger. “This petty cash fund was…
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Senior Class President Joey Vettiankal’s message to the Class of 2019

In his message to fellow graduates at Commencement, comic book fan and Senior Class President Joey Vettiankal shared the many parallels between the Marvel universe and Washington University. Vettiank…
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