Missouri Minute: DOJ reportedly opposes T-Mobile, Sprint merger; appeals court blocks arbitration in Kroenke lawsuit

Want Missouri’s top business news delivered to your inbox every weekday? Subscribe here.

You’ve made it to hump day. Today’s newsletter brings reports of discord in telecom, football and brewing. So settle in with a cup of coffee. We have a full breakfast for you.


Stay alert

Justice Department reportedly opposes T-Mobile, Sprint merger
The DOJ is said to oppose the current form of the proposed $26 billion merger. Sprint shares fell about 9 percent and T-Mobile shares fell 4 percent after the bell. (Reuters)

Missouri appeals court blocks arbitration in Kroenke lawsuit
Los Angeles Rams owner Stan Kroenke has been trying to bring a lawsuit over the team’s 2016 relocation into arbitration. (St. Louis Post-Dispatch)

Anheuser-Busch InBev and Heineken fight over keg technology
The world’s two largest brewers are debating who invented parts of a new technology for delivering draft beer that erases the need for steel kegs. (Bloomberg)

Missouri bill would strip county rules on large farms
Local governments have been enforcing tough standards on large farm operations amid concerns over hazardous odors and downstream pollution. (St. Louis Post-Dispatch)

Movies, zip lines and games part of entertainment center for Mission Gateway
Cinergy Entertainment announced it has signed a lease to construct a 90,000-square-foot luxury entertainment complex as part of the long-awaited development in suburban Kansas City. (Kansas City Star)

Who will pay for Columbia’s airport repairs?
The City of Columbia thinks the Federal Aviation Administration will cover most of the costs, which sit at $400,000 to $500,000. The FAA hasn’t committed yet. (Columbia Missourian)


Send tweet


Springfield’s efactory announced the five startups of its newest cohort on Tuesday. The startup accelerator’s latest class includes companies ranging from an attendance app to an eye-care subscription service. They will start the program next month and work toward an August demo day.


Say that again

“We have lots of workforce development programs that give people an opportunity to get training, but they won’t deal with the whole person, We don’t address the issues that can keep them from keeping the job, so they wind up going from place to place to place.”

Chef Shanita McAffee-Bryant, owner of the Magnolias on the Move catering company in Kansas City, presented her concept for a culinary-oriented jobs training program at last week’s 1 Million Cups Kansas City. The Prospect, she said, will be a 16-week program that will address all the needs of a student before they join the workforce. Bryant needs to raise $200,000 to get her idea off the ground, Startland News reports.


Go figure

$100 million

That is the amount of new full-ride scholarship money that will be awarded to Washington University School of Medicine students over the next decade. The program, which aims to recruit more low-income students and people of color, will double the number of students receiving full tuition at the school each year, St. Louis Public Radio reports.


Hello, my name is

James Beckmann

Ascension, the largest U.S. Catholic health care organization, has appointed Beckmann to lead its international business, the St. Louis Business Journal reports. Beckmann on Monday replaced John Doyle as CEO and president of Ascension International. Beckmann has served various roles at Ascension since 2003.

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students