Want Missouri’s top business news delivered to your inbox every weekday? Subscribe here.
Cardinals fans have cause for celebration, so do Kansas City entrepreneurs. Read on to find out why. As you chug your coffee to get through the end of the week, read about a lawsuit between two major beer companies, updates to KCI and the departure of Ascension’s CEO.
From our newsroom
Speaking Startup: Getting started in medical marijuana
The latest episode of our podcast is all about the future of the medical cannabis industry in Missouri. Entrepreneurs and investors from across the state are flocking to the industry, which has been lucrative in other states.
MU students score share of $30K, advance to statewide pitch contest
University of Missouri students with dreams of expanding their businesses got one step closer this week.
Entrepreneur aims to ’empower others, give back’ with new spin on menstrual products
Amber English turned a problem that women across the globe frequently encounter into the focus of her growing business.
Parson declares state of emergency
The Missouri governor made the declaration amid flooding that has left people stranded throughout the Midwest. (Associated Press)
MillerCoors sues Anheuser-Busch over ‘misleading’ ads
The Chicago-based beer company sued St. Louis-based Anheuser-Busch in federal court in Wisconsin for attempts to “frighten” consumers away from its beers because they contain corn syrup. (St. Louis Post-Dispatch)
Kansas City pumps $350k for entrepreneurs into proposed budget
Startups and small businesses rejoiced Thursday following an amendment to the city’s proposed 2019-2020 budget giving expanded resources to the Urban Business Growth initiative. (Startland News)
Labor group contributes first funds in city-county merger campaign
The St. Louis-Kansas City Carpenters Regional Council gave $125,000 to a political action committee backing the city-county merger in St. Louis. (St. Louis Business Journal)
Branson company won’t operate duck boats this year
Ripley Entertainment Inc. won’t operate duck boats following last summer’s accident that killed 17 people. (Associated Press)
KCI terminal groundbreaking set for Monday
Developer Edgemoor Infrastructure and Real Estate said Thursday the $1.5 billion project is expected to wrap up in the first quarter of 2023. (Kansas City Business Journal)
Hospital still has hygiene problems following August colonoscopy death
The Cass Regional Medical Center in Harrisonville is no longer at risk of losing Medicare payments, but inspectors have found new hygiene and cleanliness concerns. (Kansas City Star)
Schlafly Beer once again hosting one of Midwest’s largest oyster festivals
The brewery anticipates attracting 12,000 festival goers this weekend for the event’s 20th rendition. (St. Louis Business Journal)
Say that again
“(Young entrepreneurs) shouldn’t place too much pressure on themselves to be successful initially. It’s more important to try a number of things.”
Paul Kaster, a Kansas City native, was still in high school in 2013 when he founded Crooked Branch Studio, which carves and sells bow ties made from wood. More recently, Crooked Branch released Carbon Cravat, a line of carbon fiber bow ties, which sells in Kansas City stores and online retailers like Etsy, Startland News reports.
That is how much St. Louis Cardinals’ first baseman Paul Goldschmidt stands to earn should he sign a potential five-year extension with the team. The extension would make Goldschmidt the richest Cardinals player ever, surpassing Matt Holliday’s seven-year contract for $120 million, the St. Louis Post-Dispatch reports.
— TicToc by Bloomberg (@tictoc) March 19, 2019
Bracket busted already? Well, there’s always next year. As you plot how to finally win that office pool in 2020, learn how game theory could help you earn bragging rights at the water cooler.
Hello, my name is
After 15 years at his post, the Ascension CEO will retire at the end of the year. Ascension, the St. Louis County-based health care system, is now searching for a replacement. Tersigni will continue to serve as a consultant to Ascension and a member of the company’s executive committee on health care investments,, the St. Louis Post-Dispatch reports.
Read: “EU Stops No Deal Crash Now, Kicking Can to April” by Bloomberg
Brexit negotiations will live on, the European Union decided Thursday.
Watch: “The Inventor” on HBO
This HBO documentary looks into Theranos, the former scandal-ridden pharmaceutical startup run by Elizabeth Holmes.
Listen: “Diana Kander: Professional AF”
In this new podcast, Kansas City entrepreneur Diana Kander interviews authors about how women can be more awesome in the workplace.