Morning Minutes: KC Ikea opens, Emerson plans Ferguson scholarship

Courtesy of Creative Commons
Courtesy of Creative Commons

Here are today’s top business headlines from across Missouri:

Missouri legislators override vast majority of Nixon’s vetoes

The Republican-controlled House and Senate voted during Wednesday’s veto session to override Democratic Gov. Jay Nixon’s line-item budget vetoes and many of the bills he vetoed, including a 72-hour waiting period for women seeking an abortion. Nixon said last week that legislators would be acting irresponsibly if they overrode vetoes and authorized new government spending. Republican lawmakers didn’t listen.

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Ikea opens in Kansas City

Hundreds of shoppers flocked to suburban Kansas City for the opening of the first Ikea store in Kansas. The Swedish retailer’s 40th store, spread over 359,000 square feet, is on the southeast corner of Interstate 35 and Johnson Drive. Its first Missouri store is scheduled to open in St. Louis in fall 2015.

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Missouri-based discount retailer expanding

Here Today, a Brentwood-based discount retailer that opened its first store last year in Florissant and added a second metro St. Louis store this week, in Fairview Heights, is on the verge of further expansion. Here Today is building a third store in Fenton and plans to open eight more locations in 2015.

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Emerson plans to fund scholarships for Ferguson students

Emerson Electric Co. intends to fund scholarships for students in Ferguson, home to the Fortune 500 company’s world headquarters and site of unrest caused by the shooting of an unarmed black teenager by a white police officer. Emerson Executive Vice President Patrick Sly said he planned to meet with officials at Ranken Technical College to hammer out details for scholarships for 50 Ferguson students.

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SLU picks new business school dean

Saint Louis University has named Mark Higgins the next dean of its John Cook School of Business, which enrolls 1,854 undergraduate and graduate students. Higgins, who starts work at SLU on Jan. 1, has been a member of the University of Rhode Island’s faculty since 1988 and was appointed dean of its business college in 2006.

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