Morning Minutes: LaunchCode lauded, DED expects $300M from new stadium

Jim McKelvey photo by Austin Huguelet; other photos courtesy of Creative Commons
Jim McKelvey photo by Austin Huguelet; other photos courtesy of Creative Commons

Here are this morning’s top business headlines from across Missouri:

Federal tech training program looks to build on LaunchCode success

In announcing a new federal effort to train workers for high-tech jobs, President Barack Obama highlighted the work of LaunchCode, the St. Louis-based nonprofit created to train people for jobs in the tech sector.

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Stadium would bring $300 million in revenue, DED director says

State officials say Missouri would take in $300 million over 30 years if the proposed football stadium along the riverfront in downtown St. Louis is built.

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Sprint Mobile Health Accelerator unveils 10 startups in new class

Sprint and Techstars on Monday announced the 10 startups chosen to participate in the second class of the Sprint Mobile Health Accelerator. The startups have relocated to Kansas City for the three-month program, according to a Sprint news release. They will receive up to $120,000 in funding, plus mentorship, workspace and other resources.

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Jury awards $491 million in damages from prepaid funeral scam

A federal jury on Monday awarded $491 million in damages in a 2009 civil lawsuit stemming from the collapse of a Clayton-based company that sold prepaid funerals.

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KC hospital begins $280 million expansion project

The University of Kansas Hospital broke ground Monday on a $280 million, seven-story building that will add 92 beds to its campus in Kansas City, Kan. The new facility will house two of the hospital’s fastest-growing areas: neurosciences and surgical oncology, including ear, nose and throat programs.

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