Nicole Lunger/Missouri Business Alert

Missouri Minute: Republicans divided over online sales taxes; Chase Bank to hire director for KC-area



Want Missouri’s top business news delivered to your inbox every weekday? Subscribe here.

It’s April Fools’ Day, so beware the internet gags and office pranksters. No tomfoolery here, though — we’re all business this morning as we get you caught up on changes to the Cardinals’ Ballpark Village, updates to the St. Louis housing market and the state of the ride-hailing industry in Springfield.


Stay alert

Some state Republicans divided over online sales taxes
Leading lawmakers in Missouri are stuck in a debate about how to spend an estimated $165 million in future annual proceeds from online sales tax collections. (St. Louis Post-Dispatch)

Chase Bank to hire market director for Kansas City-area branches
JPMorgan Chase’s expansion in the region will also call for the hiring of a separate market director to oversee financial advisers. (Kansas City Business Journal)

Illinois-based company purchases Kansas City, St. Louis seafood operations
Fortune International is acquiring Minnesota-based Morey’s Seafood International’s seafood distribution locations in Missouri. (Kansas City Business Journal)

Columbia Public Schools to advance teachers’ degrees with $1.5 million grant
The National Science Foundation grant, awarded to the University of Missouri, will help CPS teachers become math specialists and earn master’s degrees in STEM disciplines. (Columbia Daily Tribune)

Additions to St. Louis’ Ballpark Village on-budget, on-time
Across the street from Busch Stadium, the Cordish Companies is on track with construction of a future 29-story residential tower, 10-story office building and 216-room hotel. (St. Louis Public Radio)

Kansas City Tech Council president testifies on federal data privacy laws
Ryan Weber testified last week about changes coming to the privacy landscape before a U.S. Senate subcommittee. (Startland News)


Say that again

“I look at this as a market evolution. It’s gone from a few drivers to a lot of drivers to an astronomical number of drivers.”
Curtis Vaughn, who drives for Uber and Lyft in Springfield, was one of several drivers for the ride-hailing services interviewed for a Springfield News-Leader story about the drivers’ lives. Amid the industry’s rapid growth in Springfield, some drivers are calling for caps on the number of ride-hailing licenses issued there.


Go figure

67,493
That’s the number of Burrell Behavioral Health patients whose medical records were “improperly secured” by a third-party vendor, Burrell announced late Friday. The Springfield-based company, which operates mental health clinics across the state, said information that may have been improperly exposed includes patients’ names, addresses, services performed and Social Security numbers, the Springfield News-Leader reports.


Hello, my name is

T.E.H. Reality
The firm, which specializes in low-income housing, has repeatedly faced complaints of poor living conditions at its properties in the St. Louis region, the St. Louis Post-Dispatch reports. In the past five years, the firm and its affiliates have taken over 12 complexes in the St. Louis area. Co-founder Eliram Rabin said the St. Louis housing market, the local economy and the area’s properties are all good, hence the firm’s buying spree.

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students

Learn more