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Missouri Minute: Greitens issues threaten to kill raft of bills; Boeing cited by Pentagon for quality concerns



Here are today’s top business headlines from across Missouri:

Greitens issues threaten to kill raft of bills

The issues surrounding Gov. Eric Greitens have brought a halt to action in the Missouri House and Senate and are threatening to derail normal legislative activity over the final few weeks of lawmakers’ annual session. That jeopardizes a number of bills, including some the Republican governor supports, like a repeal of the state’s prevailing wage law and business-friendly changes to the state’s civil litigation system. Read more

Boeing cited by Pentagon for quality concerns at St. Louis plants

Boeing was cited by a Pentagon contractor watchdog for quality, management and other issues related to production of its F/A-18 and F-15 jets, according to documents and officials. Problems at the company’s St. Louis production facility included missing components and incorrect parts on the factory’s production line and damage sustained by aircraft during the production process. Read more

Bike-sharing companies roll into St. Louis

A total of 1,500 new bicycles will hit the streets of St. Louis on Monday as two bike-sharing companies bring a growing trend to the city. The rival companies, California-based LimeBike and China-based Ofo, both have permits to offer 750 bikes, rented out using app-based systems. Read more

Payments company Clearent bought by private equity firm

Private equity firm Advent International has acquired a majority stake in Clearent, a Clayton-based payments processing company that’s one of the largest privately held companies in the St. Louis area. Advent also acquired FieldEdge, a maker of service management software, and will merge the company with Clearent, the firm announced in a release. Read more

Kombucha operations popping up across Kansas City area

Makers of kombucha tea are finding are growing appetite for the fermented beverage in the Kansas City area. Tasting rooms and bottling operations are popping up in the metro area, and growing supplies of the beverage can now be found on local grocery store shelves. Read more

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