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St. Louis, Missouri

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St. Louis encompasses an independent city in the U.S. state of Missouri (the "City of St. Louis") and its metropolitan area (Greater St. Louis). This area includes counties in the states of Missouri and Illinois; it is the 18th largest in the United States with a population of 2,698,672 as of the 2000 census. According to the St. Louis Regional Chamber and Growth Association (RCGA), the 2004 population is approximately 2,764,054.

The city, which is named after Louis IX of France, is adjacent to, but not part of, St. Louis County, Missouri and has a population of 352,572. It is the second largest city in Missouri after Kansas City, but it has the state's largest metropolitan area population. In relation to the Midwest region, the City of St. Louis is the 10th largest city in population (between Minneapolis, Minnesota and Wichita, Kansas).


Contents

[edit] The local economy

St. Louis punches above its weight as a center for corporate headquarters. Beer commercials have made the city well known as the home of Anheuser-Busch Breweries. Two local brokerages, A.G. Edwards and Edward Jones, as well as online brokerage Scottrade, have grown into dominant players on America's financial landscape. It is also the site for the headquarters of Energizer, the battery company. Neighboring suburbs host Monsanto, formerly a chemical company and now a leader in genetically modified crops, and Solutia, the former Monsanto chemical division that was spun off as a separate company in 1997. Express Scripts, a pharmaceutrical benefits management firm, has its corporate headquarters in the suburbs of St. Louis and recently announcd plans to construct its new headquarters near the campus of the University of Missouri-St. Louis. Hardee's corporate headquarters lies in the metro area. Enterprise Rent-A-Car is headquartered in Clayton. Emerson Electric is headquartered in the north side of St. Louis. Charter Communications, the nation's fourth largest broadband communications company, is headquartered in the St. Louis suburb of Town and Country.

In recent years, however, several longtime corporate pillars have left St. Louis. St. Louis was the corporate headquarters of McDonnell-Douglas prior to its 1997 merger with Boeing. Upon the merger, the area became the headquarters for Boeing's $27 billion-per-year Integrated Defense Systems division and its company-wide Phantom Works R&D operation. Locally, Boeing manufactures the F/A-18 Super Hornet and JDAM smart bombs, and has developed — at times secretly — several unmanned combat air vehicles (UCAVs). However, when Boeing relocated its corporate headquarters from Seattle, Washington in 2001, it moved to Chicago, Illinois — St. Louis was not one of the final candidates.

Source - Wikipedia: St. Louis, Missouri


[edit] Recent St. Louis business news

Links to recent headlines via Topix.net

How events in Ferguson put race back on the agenda
Protesters march along West Florissant Avenue in Ferguson. 'This is something like I never seen before,' says local Tommy Chatman-Bey.
Using computers to design drugs
Designing a new medicine is an expensive and time consuming business. Typically it takes around $2 billion and ten years for a new drug to move from its initial design in the lab, to the clinic.
National Guard Is Pulling Out of Ferguson as Tensions Ease
Gov. Jay Nixon ordered the Missouri National Guard to begin a withdrawal from this small city Thursday, signaling that the authorities believed they had largely restored order after nearly two weeks of unrest set off by the police shooting of an unarmed, 18-year-old black man.
National Guard to withdraw from Ferguson, Missouri as tensions ease over police shooting
The governor of Missouri ordered the withdrawal on Thursday of National Guard troops from riot-torn Ferguson, where tensions have eased after sometimes violent protests were staged nightly since police killed an unarmed black teenager.
Guns fly off the shelves near Ferguson
Metro Shooting Supplies, a gun store about 10 miles west of Ferguson, Missouri, has seen a boom in business since protests overtook the town in response to Michael Brown's death.
LIVE: Updates from Ferguson
After two nights under a state-mandated curfew failed to quell escalating violence in Ferguson, the St. Louis suburb prepared Monday for a night without a curfew under the watchful gaze of the newest security force on the scene, the National Guard.
Holder vows thorough and fair probe of Brown death
Ferguson, Mo. - Attorney General Eric Holder Jr. swept into this battle-scarred St. Louis suburb on Wednesday, meeting with community leaders and promising a "thorough and fair" federal inquiry into the police shooting death of an unarmed black teenager.
Missouri Bankers Aim for Normalcy as Unrest Continues
Top Planning Concerns for UHNW Clients Working with UHNW clients requires more than solid investment management and estate planning, according to advisor Paul Pagnato, founder of the Pagnato-Karp Group.

[edit] See also

[edit] External links