Here are today’s top business headlines from across Missouri:
The Overland Park Planning Commission voted 6-4 in favor of a proposal to scrape the dead Metcalf South Mall off the city’s map and replace it with a new retail center. Monday’s vote is the first step for a proposal that would put a 165,000-square-foot Lowe’s Home Improvement store at the southeast corner of 95th Street and Metcalf Avenue, along with 14 other new buildings with unannounced tenants. Read more
The new Pokémon Go app has sent gamers searching the countryside, including a Sunday night hunt on Kansas City’s Country Club Plaza that lasted until 2 a.m. — and investors clamoring for Nintendo Co. stock.
The smartphone game uses augmented reality to send players searching for Pokémon characters in the real world.The game has added $9 billion in market value to Nintendo stock since it was released on Wednesday. Read more
Seth Burgett, the co-founder and former CEO of Yurbuds, the St. Louis startup that was acquired for $37 million in 2014 but failed to deliver returns satisfactory to many of its investors, has a new business.
The venture is called Gateway Bronco, which restores first-generation Ford Broncos, a vehicle that was discontinued in 1996. Burgett has been involved in a dispute with some of Yurbuds’ original investors who are unhappy with the way Burgett doled out a $3.5 million settlement payment to Yurbuds shareholders. Read more
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