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Missouri Minute: Veniti sells for $160 million; KC looks to help freelancers



Here are today’s top headlines from across Missouri:

St. Louis medical device startup Veniti acquired in $160 million deal

By Lily O’Neill
Boston Scientific Corp. has agreed to acquire Veniti Inc., a medical device startup with most of its operations in Sunset Hills, in a deal worth up to $160 million. Boston Scientific, a Massachusetts-based medical device manufacturer, invested in Veniti in 2016 and already owns 25 percent of the startup. Read more

‘Right to work’ defeat could table issue, for now

Some GOP lawmakers said the Tuesday defeat of Missouri’s “right-to-work” proposition will likely table the issue for at least another year. House Rep. Bill White, R-Joplin, said he does not expect legislative leaders to push for the issue. White has filed a right-to-work bill in seven consecutive legislative sessions. Read more

59 percent of Missouri college graduates carry debt, report shows

By MBA Staff
Close to six in 10 new graduates of Missouri’s colleges and universities carry some student loan debt, and the average borrower from those schools has more than $26,000 in loans to pay off. Missouri has a slightly higher prevalence of student debt than the U.S. as a whole does. However, the amount of debt those graduates are carrying is less than the national average. Read more

Stifel Financial appoints new COO, CFO

By Rashi Shrivastava
Stifel Financial Corp. on Wednesday announced the appointment of new leadership that the company says better aligns with its current growth strategies. The St. Louis-based financial services holding company appointed David Sliney as its chief operating officer and Jim Marischen as its chief financial officer, effective immediately. Read more

KC initiative launch emphasizes diversity in freelance workforce

An initiative aiming to support independent and freelance workers launched in Kansas City this week, with leaders expressing hopes that it will foster equity in entrepreneurship. Kansas City Mayor Sly James spoke at Monday’s launch for Kansas City’s Digital Workforce Development Initiative, and emphasized his goal of helping a diverse group of workers flourish. Read more

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