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The body of a Boeing aircraft bears the company’s logo. | Via LoadedAaron/Flickr

Hello, MBA readers,

The Missouri General Assembly is back from its spring break this week, and lawmakers have plenty of work cut out for them over the final eight weeks of their annual session. Gridlock in the Missouri Senate has led to only one piece of legislation, a supplemental budget bill, being passed during the first 10 weeks. The lack of movement, largely the result of the Republican Conservative Caucus tacking amendments on bills, has stalled important legislation, including the state budget. In a big story internationally, a Boeing 737-800 crashed in southern China on Monday with 132 people onboard. Boeing, which has operations in St. Louis, saw its share price drop despite analysts saying the 737-800 has a strong safety record. It’s another unwelcome development in what has been an eventful month for the airplane manufacturer, which earlier in March lost out on a key fighter jet contract with Germany. Lastly, the cost of a cup of joe could be climbing at a coffee shop near you. Coffee businesses are experiencing a supply chain crunch, with bean prices rising and other essentials like cups and straws becoming harder to find and more expensive.


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Boeing shares fall after plane crash in ChinaFollowing the crash of a 737-800 plane in China that had 132 people aboard, China Eastern airlines grounded all the 737-800s in its fleet and Boeing shares declined by 3.6%. Analysts said the plane has a strong safety record. (Associated PressCNBC)Bayer asks US Supreme Court to review state Roundup decisionThe German company, which acquired Creve Coeur-based Monsanto in 2018, is challenging a California court’s decision to grant a couple almost $87 million after the court ruled the weedkiller Roundup was to blame for the couple’s non-Hodgkin’s lymphoma. (St. Louis Business Journal)Omnicom Group pulls out of RussiaThe public relations firm, which is the parent company of St. Louis-based FleishmanHillard, said it will withdraw from Russia after receiving blowback for continuing to operate in the country amid the war in Ukraine. (St. Louis Business Journal)Elevate/Elevar Accelerator to double cohort sizeThe St. Louis program designed to help Black and Latino entrepreneurs will now operate two cohorts annually, rather than one, working with 20 companies per year. (St. Louis Business Journal)Jackson County nixes proposal to purchase KC buildingThe downtown building formerly owned by DST Systems location would have housed several government offices that are relocating from the county courthouse. The County Legislature rejected the plan because of the $15 million cost to acquire and renovate the building. (Kansas City Business Journal)


Say that again

“Always have a ‘Plan B’ for food products … and just keep an eye on it. The key is to keep yourself in stock and keep looking ahead.”

Stein Hunter, owner of the Crooked Tree Coffee House in St. Charles, says his coffee shop has to remain aware of all inventory as supply chain issues have affected every aspect of the coffee industry in Missouri. Coffee beans have become harder to procure, with increased demand and the usual pandemic pressures on the supply chain, among other things, bumping up prices. Other essentials like cups, napkins and straws have also been difficult to acquire, forcing many shops to increase their prices. To combat these issues, some shops like Hunter’s have looked to stock up early and often on goods to try to avoid running out of anything.


Go figure

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Now past the midway point of its annual session, the Missouri General Assembly has only passed one law. St. Louis Public Radio reports the legislature was deadlocked through the first 10 weeks of the session before adjourning for a scheduled break last week. Stalls in the Senate led to a bipartisan group of senators denouncing the actions of the Republican Conservative Caucus that had tied up bills by tacking on partisan amendments. The inaction in the legislature has tied up crucial bills, including things like the state budget. For representatives in the Missouri House, frustration is starting to build as the House has passed 40 pieces of legislation to be sent to the Senate. So far, the only bill passed by the Senate was a supplemental budget bill.


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St. Louis startup GiftAMeal is partnering with City Foundry STL to offer its restaurant marketing technology to all the vendors in the new mixed-use development’s food hall. St. Louis Public Radio reports that the startup donates money to Operation Food Search whenever diners take and upload a picture of a meal at a participating restaurant. GiftAMeal has donated around 860,000 meals to people in need since 2015.


Hello, my name is

Compana Pet Brands

Manna Pro Products has taken on a new name that it says better reflects what the company offers. The St. Louis Business Journal reports the Chesterfield-based pet care product and food producer made the switch earlier this month, but the change had been in the works for 10 months. The new logo utilized by the brand will include a wider variety of the animals served by Compana. The company’s products won’t have their names changed to prevent any confusion, and packaging and sales will remain the same. Compana reported nearly $600 million in revenue last year.


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