Here are today’s top business headlines from across Missouri:
Michel Doukeris, chief sales officer for Anheuser-Busch InBev, will become the company’s zone president for North America and CEO of Anheuser-Busch, effective Jan. 1. He will succeed Joao Castro Neves, who has run the St. Louis-based division since 2015. The move comes as both Bud Light and Budweiser have lost market share in the U.S. Read more
Missouri’s attorney general is trying to determine if Google has violated the state’s antitrust and consumer protection laws. Attorney General Josh Hawley announced Monday that he is issuing a subpoena to the tech giant. Read more
A Missouri House committee is considering a proposal to help alleviate the state’s massive student loan debt by establishing a statewide work-study program. Although the detail of the plan is yet to be worked out, the committee hopes to incorporate the private sector into the program, which could differentiate the state’s work-study jobs from the federal ones. Read more
A large Kansas City physicians practice tumbled into bankruptcy last week amid a nearly two-year courthouse battle over its financial dealings with doctors. Kansas City Internal Medicine P.A filed for Chapter 11 bankruptcy reorganization. Its website said the operation had 170 employees and handled 135,000 patient visits a year. Employment had fallen to 63 at the time of the bankruptcy filing. Read more
Mall shoppers can expect to find fewer places to buy clothes and more office and medical tenants in the coming years. CBL Properties, the largest mall owner in the St. Louis region, announced a new initiative at the end of October to combat falling occupancy rates: a plan to attract medical and other office tenants to its sprawling mall properties. The move comes as retail bankruptcies, store closures and rent concessions are putting pressure on mall owners. Read more
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