Seventy-seven commercial banks headquartered in St. Louis lost a total of $28.8 million in the second quarter, much better than the $173.5 million they lost in the same quarter last year.

State Treasurer Clint Zweifel’s proposal to devote $127 million — or a third of the Missouri Housing Development Commission’s state and federal funding — on housing for the homeless and mentally ill was rejected Friday.

The Missouri Foundation for Health recently doled out $5.8 million in grants to 45 Missouri nonprofits, including 11 in the St. Louis area.

U.S. Secretary of Transportation Ray LaHood and U.S. Rep. Jerry Costello, D-Ill., plan to participate in a groundbreaking ceremony Monday for a $20.8 million project to construct a new public port along the Mississippi River in Granite City, Ill.

Nadine Boon has resigned as director of economic development for the city of St. Charles after 16 years in the position.

The Bank of America Charitable Foundation said Friday it contributed more than $180,000 during the second quarter of 2010 to nine St. Louis-area nonprofit and community-based organizations. (BAC)

Banking/finance Adam Pierce joined Stern Bros. & Co. in the alternative energy group.

The five design teams competing to overhaul the Gateway Arch grounds will present their ideas to the contest’s jury Thursday.

For three days next week, from Tuesday through Thursday, the schedule for the Amtrak Missouri River Runner train — No. 316 — that runs between Kansas City and St. Louis will be changed again to allow Union Pacific to work on the track.

Macy’s closed late Thursday on the $18.5 million sale of the Railway Exchange Building in St. Louis, which houses the retailer’s downtown store.

Anheuser-Busch announced a $2 million gift Friday to the United Way of Greater St. Louis’ 2010 annual campaign.

Maryville University said Friday its class of 2014, totaling 360 students, represents the largest freshmen class in the university's history.

St. Gerard Majella Catholic Church in Kirkwood will break ground Saturday on a $7 million project to enlarge the parish and school buildings.

Arch Coal Inc. made a regulatory filing Thursday to report a now-terminated “imminent danger” order it had received under the Mine Act stating a worker at one of its Utah mines wasn’t wearing a safety harness. (ACI)

Law firm Polsinelli Shughart PC, which recently consolidated its St. Louis offices, plans to combine its two Kansas City locations into a new $57 million national headquarters building in KC to be developed and owned by Highwoods Properties Inc. (HIW)

The St. Louis area is home to all four Missouri firms on Fortune Magazine’s 100 Fastest-Growing Companies list for 2010. (OLN) (SF) (RAH)

ZyStor Therapeutics Inc., a maker of therapeutics to treat genetic disorders and one of the first tenants of the Center for Emerging Technologies (CET) incubator in St. Louis, was sold this week to BioMarin Pharmaceutical Inc. in a deal valued up to $115 million.

Jim Mills, executive vice president of field operations for CPI Corp., left the company Aug. 13.

Missouri Gov. Jay Nixon appointed Jerry Lee, the retired chief of the St. Louis County Police Department, to the Board of Police Commissioners for the St. Louis Metropolitan Police Department.

St. Louis awarded Horner & Shifrin a $1.6 million contract to provide levee certification services for the city’s levee.