Via Austin Kirk/Flickr

Missouri Minute: J&J’s $4.7 billion verdict; Stadia’s new sports fund



Here are today’s top headlines from across Missouri:

J&J ordered to pay nearly $4.7 billion in St. Louis talcum powder case

A St. Louis jury decided Thursday that Johnson & Johnson must pay $550 million in actual damages and $4.14 billion in punitive damages to 22 plaintiffs who claim the company’s talcum products caused them to develop ovarian cancer. J&J, the Brunswick, New Jersey-based consumer products behemoth, has faced multiple trials in St. Louis regarding ovarian cancer claims. The company has lost four of the first five cases to go to trial. Read more

Parson addresses tariffs, agriculture funding before meeting ag leaders

By Annika Merrilees
As he approached a working dinner with leaders from Missouri’s agriculture sector this week, Gov. Mike Parson acknowledged the likelihood that the group would discuss U.S. trade policy. “I’m sure the tariffs will come up tonight,” Parson told reporters before the Wednesday evening dinner, which was closed to media. It wouldn’t have been the first time in recent weeks that Parson has broached the subject over a meal. Read more

Stadia Ventures raising new $25 million fund to back sports startups

Stadia Ventures, a St. Louis-based accelerator focused on sports startups, has begun fundraising for a new $25 million fund. As of July 6, Stadia had raised about $3.2 million of that total, according to documents filed with the Securities and Exchange Commission. Read more

BJC Healthcare cuts 113 IT jobs amid shift to new software

BJC Healthcare, the largest employer in the St. Louis area, laid off 113 individuals from its IT department. The layoffs, announced Wednesday, come after BJC implemented software from Epic Systems, which helps manage electronic medical records. Read more

Furry fiasco: Build-A-Bear ends ‘Pay Your Age’ promotion as crowds swell

By Megan Liz Smith
Build-A-Bear Workshop’s “Pay Your Age Day” promotion ended early on Thursday after high interest led to safety concerns. Huge crowds gathered at locations all over the world. In some cases, costumers waited in line upwards of five hours. Read more

 

Want the state’s top business and entrepreneurship news in your inbox? Sign up here for our newsletters.

Leave a Reply