Missouri Minute: Boeing wins $9.2 billion Air Force contract; Feds to repay $505 million to consumers

Here are today’s top headlines from across Missouri:

Boeing wins $9.2 billion Air Force contract expected to boost St. Louis plant

The U.S. Department of Defense on Thursday awarded Boeing Co. a $9.2 billion contract to produce a new Air Force training jet. Boeing has said it would manufacture the jet at its Defense, Space & Security facility in north St. Louis County, and that production of the aircraft would support up to 1,800 direct and indirect jobs in the St. Louis region. Read more

Feds to repay $505 million to consumers stung by KC payday lender

Federal agencies will repay some portion of money lost by consumers at the hands of Scott Tucker, the Leawood, Kansas, man now serving a prison sentence for his payday lending scams. The Federal Trade Commission and the Justice Department announced Thursday they will send out 1 million refund checks worth a combined $505 million to customers of Tucker’s businesses from 2008 to 2013. Read more

Officials remain hopeful about bringing steel mill to New Madrid

Local and state officials are continuing their efforts to bring a steel mill to New Madrid in the southeast corner of the state, and they express optimism about their chances of doing so despite recent changes to the state’s business environment. Read more

Accelerator updates: Fountain City FintechStadia Ventures,Capital Innovators

A busy week for startup accelerators in Missouri has seen three programs name their new classes. In Kansas City, the Fountain City Fintech accelerator unveiled its inaugural class. In St. Louis, a pair of established accelerators — Stadia Ventures and Capital Innovators — unveiled the latest startups that will participate in their programs.

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