Questions have arisen over the motives behind Missouri Attorney General Chris Koster dropping his investigation into 5-Hour Energy. | Courtesy of Mike Mozart/Flickr

Morning Minutes: Questions over AG’s energy drink investigation, AMC profits drop



AMC reports sharp profits decline as theater attendance wanes

AMC Entertainment Holdings Inc., the Leawood, Kan.-based parent company of AMC Theatres, reported a sharp drop in third-quarter profits and an 8.9 percent decline in revenues. Chief executive Gerry Lopez said AMC struggled in a slow cinema market but benefited from its strategy of improving food and beverage operations, converting theaters to plush recliners and making other improvements.

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Express Scripts reports strong Q3 profits

Express Scripts Holding Co., the nation’s largest pharmacy benefits manager and one of the St. Louis area’s largest employers, reported a third-quarter profit of $589.1 million, up 34 percent from the prior-year period.

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Polsinelli restructures during transition to national law firm

Polsinelli PC, a Kansas City law firm that’s among the fastest-growing in the nation, is renaming a number of practice group chairs and is shifting some leadership outside Kansas City.

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Board extends search for Missouri education commissioner

The Missouri State Board of Education decided to extend the process of selecting a successor to retiring commissioner Chris Nicastro and invite the public to add thoughts on what characteristics should be seen in the next commissioner and what factors the board should consider in making its selection.

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Koster reportedly stopped energy drink investigation after lobbyist interaction

Missouri Attorney General Chris Koster put a stop to an investigation of 5-Hour Energy after a lobbyist for the company reached out to him at a Democratic event in California, according to a New York Times report. Missouri was one of more than 30 states that were investigating allegations of deceptive advertising by 5-Hour, which had the ability to harm the company financially.

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Questions have arisen over the motives behind Missouri Attorney General Chris Koster dropping his investigation into 5-Hour Energy. | Courtesy of Mike Mozart/Flickr
Questions have arisen over the motives behind Missouri Attorney General Chris Koster dropping his investigation into 5-Hour Energy. | Courtesy of Mike Mozart/Flickr

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