Missouri Minute: A-B InBev hurt by struggles in emerging markets; St. Louis unemployment at lowest level in decades

Here are today’s top headlines from across Missouri:

After merger, A-B InBev hurt by struggles in emerging markets

In just more than two years since it acquired rival SABMiller in October 2016, Anheuser-Busch InBev has seen its share price drop by about 40 percent. Last month, the brewer announced plans to cut its dividend after underwhelming quarterly earnings. A-B InBev, which has its North American headquarters in St. Louis, has delivered promised cost savings since its 2016 deal for SABMiller, and the brewer maintains healthy profit margins. But it has struggled to grow sales volume. Read more

St. Louis unemployment rate at lowest level in decades

The unemployment rate in the St. Louis metro area fell to 3.1 percent for September, its lowest level since at least 1990. The previous low for the area was 3.2 percent in January 2000, not long before the dot-com bubble burst. This time around, area job growth has been driven by the health care and financial service industries. Read more

Global Entrepreneurship Week brings full slate of events to KC

Global Entrepreneurship Week will bring thousands of entrepreneurship-focused events to 170 countries across the globe this week, organizers say, and Kansas City will again be an epicenter of activity. KCSourceLink, which is a prominent backer of the event locally, put together a tool to help users plan their agenda for the week in Kansas City. Read more

Medical marijuana advocates prepared for months-long process

Missouri voters approving the legalization of medical marijuana on Tuesday was just one step in what’s expected to be a months-long process — if all goes smoothly. In the other 31 states that have legalized medical marijuana, the path from approval of the law to the sale of medical marijuana has often been fraught with complications. Read more

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