The Week Ahead: Centene hearing, Brexit vote, Beta Blox demos

Here’s a look at some of the stories Missouri Business Alert is tracking this week:

Monday

Kansas City startup accelerator Beta Blox is hosting a demo day for its 2016 class. The startups will each deliver three-minute pitches and then engage with attendees at an expo-style event.

Summer officially begins — even if it already felt like summer across much of Missouri. The state was one of 12 across the Midwest and South under a National Weather Service heat advisory late last week, and cities in different parts of Missouri have set up cooling centers in response, CBS News reports.

Tuesday

The Missouri Development Finance Board will meet in Jefferson City. The agenda for the monthly meeting includes proposed incentives for Centene’s planned expansion in downtown Clayton, plus projects in Independence and St. Louis.

Federal Reserve Bank Chair Janet Yellen will deliver her semi-annual report to the Senate Committee on Banking, Housing and Urban Affairs.

Earnings reports are expected from Adobe Systems, Carmax, Carnival, FedEx and La-Z-Boy.

Wednesday

The National Association of Realtors will report existing home sales for May. The April report showed a strong 1.7 percent increase, Bloomberg reports, and a 2.2 percent rise is expected for May.

Kansas City Women in Technology will host its second annual KCDC Networking Diversity Night. The event aims to help people “share ideas of how to bring any level of diversity to your user groups, conferences and meetups,” according to its website.

Barnes & Noble and Bed Beth & Beyond are scheduled to release quarterly results.

Thursday

Voters in the U.K. will decide whether to remain in the European Union or become the first country to leave the EU. The latest poll about the so-called Brexit, released Sunday, showed 45 percent of respondents favor staying in the EU and 42 percent want to leave, Bloomberg reports.

The Census Bureau will report new home sales for May. Sales are expected to fall back to 9.6 percent for the month, Bloomberg reports, after they surged 16.6 percent in April.

Accenture, BlackBerry and Sonic are among the companies set to report earnings.

Friday

The Census Bureau will report durable goods orders for May. Estimates for the month vary widely, but the overall trend for the report has been flat, which is a negative indicator for business investment, Bloomberg reports.

It’s the 35th year of Waterfest, an event that celebrates the mineral water heritage of Excelsior Springs. The celebration runs all weekend and includes arts, crafts, entertainment and, of course, water games.

Saturday

The National Wildlife Federation is holdings its Great American Campout, and parks across Missouri are getting in on the outdoor fun. Missouri State Parks and Historic Sites has events planned for at least seven sites across the state.


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