Here are today’s top headlines from across Missouri:
ECCO Select, a Kansas City information technology firm, will receive more than $1 million in state funding for its expansion that will include a larger headquarters and 96 new jobs.
The Missouri Public Service Commission staff will recommend next month whether to draft a rule that stops allowing payday lenders to collect utility bill payments from customers.
Venture capital firms invested $78.5 million in St. Louis companies during the third quarter, the largest amount in nearly three years, but 90 percent of the money went into one investment: Essence Group Holdings of Maryland Heights, a medical technology firm that operates as Lumeris.
Missourians are far less optimistic about the economy than the rest of the nation, according to the inaugural effort by Arvest Bank to drill deeper into consumer sentiment. The initial Arvest Consumer Sentiment Survey showed the index in Missouri at 68.6, far lower than the national average of 82.5.
Residential real estate market conditions in the Federal Reserve Bank’s St. Louis district ”have continued to deteriorate,” according to the Beige Book report, while residential home sales in the Kansas City district rose at a slight to modest pace.
Want the state’s top business stories delivered to your inbox every morning? Sign up here to receive Missouri Business Alert’s Morning Minutes email.