Morning Minutes: Buffett buys auto group, Bitcoin deal reached

Kansas City's Van Chevrolet was the first dealership of what grew into the Van Tuyl Group, which was acquired by Warren Buffett's Berkshire Hathaway. | Courtes of Van Chevrolet
Kansas City’s Van Chevrolet was the first dealership of what grew into the Van Tuyl Group, which was acquired by Warren Buffett’s Berkshire Hathaway. | Courtesy of Van Chevrolet

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

New disclosures show financial links between doctors, drug companies

Drug and medical device companies paid more than $53 million to doctors and teaching hospitals in Missouri, including consulting and speaking fees, meals, travel and research payments, during the last five months of 2013, according to federal data released this week.

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Berkshire Hathaway to buy Missouri-founded auto group

Warren Buffett’s holding company, Berkshire Hathaway Inc., intends to purchase the Van Tuyl Group, which started in Kansas City and is now the largest privately owned U.S. auto dealership group.

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FTC reaches interim deal with Bitcoin mining company

The Federal Trade Commission has agreed to let Butterfly Labs Inc. reopen but will still restrict activities of the Leawood, Kan., company, which creates machines that uncover, or mine, the digital currency Bitcoins.

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KCI getting daily direct flights to Miami

American Airlines said it will add nonstop service between Kansas City International Airport and Miami, a long-sought opening to Latin America for travelers using KCI.

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St. Louis airport pursuing dual customs deal with Mexico

Lambert-St. Louis International Airport and a Texas company have received preliminary approval to develop a “dual customs” cargo facility that would be capable of clearing goods moving to and from Mexico. Brownsville International Air Cargo Inc. is now preparing necessary studies and applications for the facility at Lambert.

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