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If you’re from St. Louis, you have bragging rights this morning: Inc. magazine ranked the city ahead of Kansas City on its list of top places for startups. As you let that settle, read about a startup tackling calf mortality, CVS layoffs and a soybean acquisition.
From our newsroom
Medical cannabis expo draws range of businesses, Missourians returning home
Missouri will soon be home to a variety of new businesses catering to the state’s emerging medical marijuana industry. Many were started by Missourians in other states who are now able to come back.
Clothing swap offers way to expand wardrobe while reducing waste
Tons of textiles wind up in landfills each year. One University of Missouri group wants to combat that problem while letting shoppers add new life to an old wardrobe.
Jury rules against Monsanto
A jury in federal court in San Francisco found that Monsanto’s Roundup weed killer was partially responsible for a 70-year-old California farmer’s cancer. (Associated Press)
138 CVS pharmacists, technicians to be laid off in Kansas City
The company plans to complete the layoffs and close its Aetna Rx Home Delivery facility by May 20. (Kansas City Business Journal)
Inc. Magazine: St. Louis outpaces Kansas City in startup scene
St. Louis placed No. 33 and Kansas City ranked No. 40 on the magazine’s list of best places in America to start a business. (Inc.)
Chicago real estate giant, with St. Louis brokers, to acquire Dallas competitor
Jones Lang LaSalle Inc., with 21 active brokers in St. Louis, will acquire HFF Inc. for $2 billion. (Dallas Business Journal)
Benson Hill Biosystems acquires Iowa soybean seed company
The Creve Coeur-based crop technology company said it will develop more sustainable soybean varieties following the purchase of Schillinger Genetics. (St. Louis Post-Dispatch)
St. Louis medical device startup raises almost $1 million in debt financing
Elira, which developed a patch designed to suppress appetite, raised almost $2 million in another funding round in late 2017. (St. Louis Business Journal)
Say that again
“I think people are invested in me as a person. I just made a call to ask for some help. I’m not sure why, other than the fact they like me.”
Michael Butler, the St. Louis recorder of deeds, received $4,000 in gifts from Ameren lobbyists last year to help finance his inauguration party. That marked the largest amount of lobbyist gifts for a local official in Missouri in at least a decade. During the six years he served in the state legislature, Butler received about $3,000 from the same lobbyists for Ameren, the St. Louis Post-Dispatch reports.
That’s how much “The Lion King” musical grossed during a recent run at Missouri State University, setting a new box office record for the Juanita K. Hammons Hall. Over 33,000 people bought tickets to 16 shows between Feb. 27 and March 10, the Springfield News-Leader reports.
Hello, my name is
The startup won the $15,000 first-place prize at MU’s first-ever Entrepreneurship Quest Student Accelerator pitch competition Tuesday. Founded by Libby Martin, a first-year veterinary medical student at MU, Calving uses collars to help decrease calf mortality rates, the Columbia Daily Tribune reports.