Missouri Minute: Judge considers new trial in Monsanto’s Roundup case; RiverVest raises $167.5 million for new fund

Here are today’s top headlines from across Missouri:

Judge considers new trial in Monsanto’s $289M Roundup case

A San Francisco judge said Wednesday she is weighing whether to throw out most of a $289 million judgement against Monsanto and order a new trial over whether the company’s Roundup weed-killer caused a groundskeeper’s cancer, the Associated Press reports. San Francisco Superior Court Judge Suzanne Bolanos didn’t officially rule on any issues following a hearing over Monsanto’s request to throw out an August jury verdict in the case, which is the first of thousands that could go to trial.Read more

Venture capital firm RiverVest raises $167.5 million for new fund

RiverVest Venture Partners, a Clayton-based venture capital firm specializing in the life sciences sector, has raised $167.5 for a new fund. The fund, which is the fourth from RiverVest, was launched in late 2017 with a target of $150 million. Read more

Former Sprint executive envisions ‘innovation district’ near downtown KC

A former Sprint executive and managing executive of the Sprint Accelerator is teasing plans for an innovation district along the 18th Street corridor near Kansas City’s Jazz District and Crossroads Arts District. Kevin McGinnis, who is now CEO of the Keystone Community Corporation, envisions an area that could ultimately feature coworking and event spaces, as well as housing dining, and entertainment options.Read more

Missouri in focus as marijuana advocates seek broader legalization

Backers of broad marijuana legalization are working to make a geographic breakthrough in next month’s elections, and Missouri is among the states at the center of the effort. After scoring victories in the Northeast and West, marijuana advocates want to make legal inroads in the Midwest. Read more

Tired of rising ATM fees? Missouri’s big cities actually have it better than most

Average ATM fees hit a record high for the 14th consecutive year, according to a new study from Bankrate, but those charges are less burdensome in St. Louis and Kansas City than in many other big cities across the U.S. St. Louis had the lowest average fees of any market surveyed, at $4.25. Read more

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