James Drew

2 weeks ago | eureporter.co | James Drew

To become a global leader in artificial intelligence (AI) is the objective of the AI Continent Action Plan launched today. As set out by President von der Leyen at the AI Action Summit in February 2025 in Paris, this ambitious initiative is set to transform Europe's strong traditional industries and its exceptional talent pool into powerful engines of AI innovation and acceleration. The race for leadership in AI is far from over.

4 weeks ago | bizjournals.com | James Drew

The bank's head of consumer lending is retiring and his successor will have an expanded role in the mortgage business. Tom Wind, U.S. Bank’s head of consumer lending based in Earth City, is retiring and his successor will have an expanded role in the mortgage business. The Minneapolis-based bank has about 4,000 employees in the St. Louis area and Wind’s role was a national role over the past nine years.

4 weeks ago | bizjournals.com | James Drew

The St. Louis Fed president said the direct effects of the Trump administration’s tariff increases likely will be one-time price increases that shouldn’t have a long-term impact on inflation, but "indirect, second-round effects" could have a more persistent impact on underlying inflation. The risks that inflation will stall above the Fed’s 2% goal or move higher in the near term appear to have increased, Alberto Musalem, president of the Federal Reserve Bank of St. Louis, said Wednesday.

4 weeks ago | bizjournals.com | James Drew

When Keith Suellentrop became president of LMC Industries in 2023, he looked for ways to help make the Arnold-based manufacturer more efficient. He worked with an accounting and consulting firm to choose real-time data as the solution. When Keith Suellentrop became president of LMC Industries Inc. in 2023, he looked for ways to help make the Arnold-based manufacturer more efficient. “I was the chief financial officer for many, many years, but I didn’t spend tons of time out in the plant,” he said.

1 month ago | bizjournals.com | James Drew

A huge contract assuages uncertainty around Boeing's immediate future in St. Louis, but many believe it creates a long runway of work for the aircraft manufacturing giant in the region. In mid-2022, anxiety was running high about the future of Boeing in the St. Louis area. The U.S. Air Force and Navy were proposing to phase out the F/A-18 and cut funding sharply for the F-15EX, the two fighter jets assembled at Boeing’s complex in north St. Louis County.