Business briefing: Business office opens in downtown St. Louis

A new business office in downtown St. Louis offers some perks.

Known as Industrious, the new 10,000-square-foot professional space along “Tech Row,” at 555 Washington Ave. provides both communal or private office space for start ups, entrepreneurs and other businesses.

Tenants have access to a communal meeting room to meet with clients and hold events as well as a complementary cafe with coffee, beverages and pastries provided.

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U.S. stocks were falling in early trading Wednesday, in line with declining global stocks. The Dow Jones industrial average is down 152 points, or 0.9 percent, to 17,363. Bond prices have fallen and pushed up the yield on the 10-year Treasury note to 2.22 percent. Read more here.

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Target forecasts better profits amid recent changes to its executive staff. The big-box retailer has tripled its net income in the second quarter. Shares have jumped more than 4 percent in pre-market trading. Learn more here.

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American Eagle Outfitters exceeded Wall Street’s expectation during the second quarter. The Pittsburgh-based teen clothing retailer has reported a $33.3 million income and revenue of $797.4 million in the quarter. Find out more.

-Will Buss, BND business writer

This story was originally published August 19, 2015 at 9:17 AM with the headline "Business briefing: Business office opens in downtown St. Louis."