Missouri Minute: Missouri leads in ad spending; O’Reilly Automotive acquires Bond Auto Parts

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

Missouri leads the way in TV ad spending on state races

The Missouri governor’s race remains the top state-level political race in the country for ad spending and ads airing, according to the Center for Public Integrity. Missouri’s battle for governor, including last summer’s GOP primary, is responsible for $33.7 million in ad spending. Read more

O’Reilly Automotive to purchase New England chain, expand footprint to 47 states

Springfield-based O’Reilly Automotive is poised to expand its presence in New England through an acquisition. Read more

Lawmakers: Wells Fargo sales scandal may extend to St. Louis-based brokerage unit

Wells Fargo & Co. fired hundreds of brokerage employees for improper sales practices, three senators said Thursday, widening the scope of a scandal that the fourth-largest U.S. bank has so far characterized as a retail banking problem. Read more

10 new startups receive funding from Arch Grants

Arch Grants has awarded 10 new $50,000 non-equity grants to startups from across the world, including seven based in the St. Louis-area. Read more

In Missouri’s top contests, it’s hard to track where the money comes from

Missouri is seeing an unprecedented flood of outside money – some of it the hard-to-trace “dark money” – aimed at the state’s candidates for the U.S. Senate and governor. Read more

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