Missouri Minute: Airlines seek speedy KCI decision; Springfield advocates for tax incentives

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

Airlines issue new statement on KCI: Don’t delay election

The airlines serving Kansas City International Airport have notified the city’s aviation director that they don’t want a public election on a new airport terminal delayed past November. And they warn that the longer the City Council debates the airport’s future, the more it jeopardizes their business at KCI. Read more

Sprint sees 60 new retail stores leveraging recent network improvements

Sprint Corp. plans to open more than 60 stores in New England during the next 18 months as the Overland Park, Kansas-based wireless carrier continues to push its direct-to-consumer retail presence. FierceWireless reports that Sprint has upgraded 630 cell sites in New England and that it intends to leverage those network improvements to add customers in Boston, Buffalo and Providence, R.I. Read more

Springfield leaders urge Greitens’ tax committee to preserve incentives

Mayor Ken McClure and local developers were among dozens of speakers to tout the benefits of various state tax credits at the fourth and final town hall of the governor’s Committee for Simple, Fair and Low Taxes, which is tasked with examining Missouri’s tax climate. The committee is expected to deliver reform recommendations later this month. Read more

St. Louis chamber CEO faces new allegations as board continues review

The St. Louis Regional Chamber’s former second-in-command is publicly alleging the current CEO created a hostile work environment before she left in 2013. Thursday’s comments from former chamber chief operating officer Beverly Estes came after Steven Cousins, a partner with the law firm Armstrong Teasdale, said in a June 2 email to Chamber board members that the organization’s executive committee was reviewing allegations made in anonymous letters against CEO Joe Reagan. Read more

American Century plans to launch its own ETFs

Kansas City-based American Century Investments is about to start a new chapter in its 59-year history, planning to launch its series of actively managed exchange-traded funds. American Century hired Edward Rosenberg to the new position of senior vice president and head of ETFs. He has nearly 20 years of experience working with ETFs for providers such as Vanguard, Russell Investments and Northern Trust. American Century hopes to launch new ETFs in early 2018. Read more

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