Morning Minutes: June 23

The founders of Natty Greene's Brewing Company say their brewery is named for Nathanael Greene. | Courtesy of Natty Greene's Brewing Company
The founders of Natty Greene’s Brewing Company say their brewery is named for Nathanael Greene. | Courtesy of Natty Greene’s Brewing Company

Here are this morning’s top headlines from across Missouri.

Sales Tax Hike Supporters Raise $1 Million

Construction companies, design firms and others that stand to gain a decade’s worth of state business if a Missouri tax hike referendum passes in August have kicked in almost $1 million so far for a publicity campaign that will soon include TV commercials and other paid media. In the arsenal of the opposition: About $1,200.

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Utilities Uncertain As Environmental Regulations Loom

Representatives of utilities, power generators, transmission operators, regulators and other entities involved in the electric industry gathered in St. Louis and talked about looming threats to the industry. “Every element of the business model is being challenged and needs to be re-examined,” Brad Kitchens, president and CEO of energy consultancy ScottMadden, said at the annual meeting of the organization that runs the Midwest’s wholesale electric grid.

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Millennials Could Energize Missouri’s Housing Market 

The housing market in Missouri should heat up soon, given that more than two-thirds of Millennials — defined as people between the ages of 18 and 34 — are planning to buy a home within the next five years.

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Sprint’s Owner Vows To Improve Wireless Service At Lower Cost 

SoftBank Corp.’s Masayoshi Son said he wants to improve wireless connection speeds and lower monthly bills for U.S. customers as he pursues the acquisition of T-Mobile US Inc. At SoftBank’s annual shareholders meeting, the billionaire chairman said he wants to expand in the U.S. because its population growth and gross domestic product both exceed Japan’s.

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Craft Brewer Calls A-B Trademark Challenge ‘Unfounded’ 

Anheuser-Busch is opposing a North Carolina craft brewer’s attempt to trademark the name “Natty Greene” because of its similarity to Natty Light products. Now the founders of the Natty Greene Brewing Company, founded in 2004, are speaking out against the opposition filing.

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