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An office building in St. Louis sold for $3.6 million after selling for $205 million 18 years prior. Downtown St. Louis is filled with unoccupied buildings and an unwillingness to visit them. The steep drop in the tower's value is just one sign that St. Louis' central business district is struggling, reports say. Indeed, St. Louis' downtown resembles a ghost town with a number of boarded-up buildings, according to The Wall Street Journal's Konrad Putzier. AdvertisementThe problem with Midwestern cities, like St. Louis, is that there's not much attracting people to the center of the city — and that applies to commuters, tourists, and residents.
Persons: Louis, , Konrad Putzier, Glenn MacDonald, Business Insider's Eliza Relman, Michael Hicks, BI's Relman, Relman, Tracy Hadden Loh Organizations: Service, T, Goldman Group, News, Washington University, Olin Business School, Business, University of Toronto, Midwest ., Ball State University, Midwest, Brookings Institution Locations: St, Downtown St, Francisco's, North America, Midwest, Midwest . San Francisco, Indiana, , San Francisco and New York
Insider Today: IPOs' make-or-break moment
  + stars: | 2023-09-06 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
Speaking of fighting, the IPO market has been KO'd since 2022. But that could change with one company's upcoming public debut. Even if it slightly misses those numbers, it'll still be the largest public debut in the US since Rivian's IPO in late 2021. The stock market recovered in record time, but then something else held up IPOs: VC money. Tech has already led the stock market for about a decade — starting when Apple became the biggest company in the world.
Persons: Mark Zuckerberg, Phil Rosen, IPOs, Andrew Burton, Brent, Gabe Ginsberg, Tony Avelar, Mustafa Suleyman, It'll, Arantza Pena Popo, Insider's Eliza Relman, Vivek Murthy, Lovell, Christian Lovell, Freddie, Lil Wayne, Buster's, Elaine LaLanne, She's, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Apple, Publishing, Getty, Bloomberg, Cash, Google, Nvidia, Getty Images, Tech, US, BMI Locations: Wall, Silicon, British, Russia, Saudi Arabia, China, London, New York City, San Diego, New York
Parents with children under 5 are shunning big cities faster than everyone else. But the flight of young parents and a shrinking population might mean cities have to compete to keep you. A new report from the Economic Innovation Group, or EIG, found that families with young kids are shunning big cities. That created a nexus of families with young children just outside of cities, what the report calls a "donut effect." But for cities that are shedding young families but still hold allure, like New York, the reshaping might be more of a rethinking of their value proposition.
Persons: Connor O'Brien, weren't, O'Brien, would've, what's, Eliza Relman Organizations: Service, Economic Innovation Group, jkaplan Locations: Wall, Silicon, Florida, EIG, Carolinas, New York, Los Angeles
Rep. Marjorie Taylor Greene was stripped from committee assignments after joining Congress in 2021. Greene said Sunday her QAnon support was in the past and that she got sucked into things online. Host Howard Kurtz said Democrats stripped Greene of her committees in 2021 due to statements she made about conspiracy theories and her past support of QAnon. "Well, like a lot of people today, I had easily gotten sucked into some things I had seen on the internet," Greene said. Shortly after joining Congress, Greene was removed from committees due to statements she made related to violence against lawmakers and conspiracy theories.
Trump worried that he'd be assassinated by the Iranian government for authorizing a strike that killed the Iranian military commander. Trump told several of his Florida friends about his fears at a cocktail party, two journalists wrote in an upcoming book. In public, though, Trump bragged about the strike, saying he took out a "noted terrorist." Trump told several confidantes about his fear, according to a report from The Guardian, which obtained an advance copy of the forthcoming book "The Divider" by journalists Susan Glasser and Peter Baker. In public, though, Trump talked up the drone strike to Republican donors in Florida, recounting the minutes that led up to the deadly event.
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