A new lawsuit is seeking $30 million from an investment banking firm and 10 employees because of a failed factory project in central Missouri.
Morgan Keegan, which has merged with Raymond James Financial Inc., was the underwriter in 2010 for a $39 million bond issue for a failed artificial sweetener factory for Mamtek US Inc. in Moberly. Construction on the factory stopped in August 2011 when Mamtek failed to make a required bond payment.
The University of Missouri wants to establish a clinical campus in Springfield in an expansion of the university's medical school, but first it needs a 5,000- to 6,000-square-foot building between the city's two major hospitals.
Many large retailers were open on Thanksgiving Day. Now, one Missouri lawmaker wants to limit that.
State Representative Jeff Roorda (D, Barnhart) plans to file legislation that would make it illegal for most retail stores in Missouri to be open for business on Thanksgiving. He filed the "Thanksgiving Family Protection Act" during the 2013 regular session, but it went nowhere, not even getting a hearing. Roorda says he's trying again, nevertheless.
The 2013 edition of the Missouri Hunger Atlas is a 145-page-strong document and, according to one of its main creators, has more than you'd ever want to know about the extent of food insecurity in the Show-Me State. Missouri is in the top ten of states with highest number of food-insecure residents in the nation.
The search for a new University of Missouri chancellor continues.
After the University of Missouri's governing board held a closed meeting on Wednesday, UM system spokesperson John Fougere said there will not be an announcement made today regarding Brady Deaton's replacement. The governing board held a similar meeting this past Sunday evening.
General counsel Steve Owens is serving as the interim chancellor until university system president Tim Wolfe makes a new hire.
The expansion of a bio technology start-up company in Columbia is expected to create 50 new jobs within five years. Nanova Biomaterials, Inc.’s expansion includes $1.5 million in capital investment.
The research and development company uses nanotechnology to manufacture orthopedic and dental products, such as dental fillings and bone screws. Its parent company was founded in 2007 by a group of four researchers, two of whom are from the University of Missouri.