Missouri Minute: Bunge adds board seats; Parson signs STEM bill

Here are today’s top headlines from across Missouri:

Bunge adds board seats for activist investors, will conduct strategic review

Grains trader Bunge Ltd. is adding four directors to its board, the company announced Wednesday, caving to pressure from two activist investors that have also encouraged the company to explore a sale. Bunge also announced the creation of strategic review committee, led by Continental Grain’s CEO, to explore “enhancing long-term shareholder value.” Read more

Parson signs STEM education bill backed by business and tech groups

Gov. Mike Parson on Tuesday signed into law a STEM education bill that Missouri lawmakers approved during a special legislative session called by the governor in September. Local business and technology groups, including the KC Tech Council and Greater Missouri Chamber of Commerce, backed a change to the state’s computer science curriculum. Tech companies from outside Missouri, including Apple and Amazon, also supported STEM education legislation in the state. Read more

St. Louis among cities with highest rates of vacant homes, report says

St. Louis has one of the highest rates of vacant homes in the U.S, according to a new report. St. Louis City had 4,730 vacant homes as of the end of the third quarter, according to ATTOM Data Solutions, a company that tracks real estate data. That translates to 5.93 percent of all the homes in the city. It’s the third-highest rate among counties and independent cities in the country, according to the report. Read more

Chaifetz Group, Arch Grants to host $1 million startup pitch event

A new pitch event is coming to St. Louis in January dangling the possibility of up to $1 million in equity investment for startups that are past Arch Grants recipients and have maintained ties to the area. Arch Grants, the St. Louis-based nonprofit that runs an annual grant competition for startups, and the Chaifetz Group, the investment arm of billionaire entrepreneur Richard Chaifetz, are partnering to host the event, called Chaifetz STLaunch. Read more

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