The Week Ahead: NFL owners meet on LA, Social Security turns 80

A rendering shows a view of the proposed St. Louis football stadium looking toward the south. | Courtesy of HOK
St. Louis Rams owner Stan Kroenke is considered a candidate to relocate his team to Southern California, but a group in St. Louis has proposed a riverfront stadium aimed at keeping the team in town. | Courtesy of HOK

Here are some of the stories Missouri Business Alert is tracking this week:

Sunday

Today marks the one-year anniversary of Michael Brown’s death in Ferguson. Brown, an 18-year-old black man, was fatally shot by Darren Wilson, a white police officer, following an altercation between the men. Brown was unarmed. The incident set off protests, riots and destruction that made Ferguson the focus of the nation’s attention, and it ushered in a period of unrest and change for residents, businesses and law enforcement in the St. Louis suburb.

Monday

Stifel Financial will hold its rescheduled earnings call. The St. Louis-based financial services firm was scheduled to report results for its fiscal second quarter on Aug. 3, but that was pushed back one week to allow accountants additional time to review combined financial results following Stifel’s acquisition of Sterne Agee.

The Missouri Air Conservation Commission is scheduled to meet. It will be the commission’s first gathering since President Barack Obama laid out the specifics of his plan to reduce carbon emissions from power plants to 32 percent of 2005 levels by 2030.

Tuesday

NFL owners are set to gather to discuss teams relocating to Los Angeles. The St. Louis Rams are considered a strong candidate to move, with owner Stan Kroenke planning a stadium project in Southern California. St. Louis is hoping to keep the Rams with plans for a riverfront stadium expected to cost nearly $1 billion, and Mayor Francis Slay said last week he won’t challenge a judge’s ruling that no public vote is needed to approve the project.

Wednesday

The U.S. Department of Labor will release its Job Openings and Labor Turnover, or JOLTS, report for the month of June. The department’s last report showed little change, with the 5.4 million job openings at the end of May marking the highest total since December 2000.

Thursday

The Missouri State Fair kicks off with its opening ceremony. The fair, which will feature its usual eclectic array of food, entertainment and contests, runs through Aug. 23 in Sedalia.

Friday

On this day in 1935, President Franklin D. Roosevelt signed Social Security into law. The program, Roosevelt said at the time, was designed to “give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age.” In honor of program’s 80th birthday, the Social Security administration is hosting a variety of events.

The St. Louis Business Journal will host its Most Influential Business Women Awards to honor women business leaders in the St. Louis region. Organizers say the event showcases the “breadth of talent and achievement among St. Louis-area women.”


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