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The Year In Brief: 2016

Missouri Business Alert's coverage on important business stories of 2016 and what may happen in 2017.

Eric Greitens

Gov.-Elect Eric Greitens. Photo from MO Business Alert's story, "November rout positions Missouri GOP to control 2017 session." 

Check out Missouri Business Alert's coverage of 2016's biggest business stories. To read more, visit MissouriBusinessAlert.com.

November rout positions Missouri GOP to control 2017 session

A November election that brought key Republican victories across the country saw the GOP strengthen its already powerful position in Missouri, setting the party up to enact its legislative priorities in the state with limited opposition. Read more


After Rams flee St. Louis, soccer efforts kick into high gear

Despite efforts by city and state officials to keep the Rams in St. Louis, including a plan to build a new $1.1 billion riverfront stadium and aldermanic approval of public financing for the stadium, the NFL team owned by billionaire Stan Kroenke announced in January that it was relocating to Los Angeles. Read more


Amid cuts and consolidation, Monsanto OKs Bayer buyout

Monsanto ended the year with stockholders voting overwhelmingly for a takeover by German conglomerate Bayer SE, but the Creve Coeur-based seed maker had a tumultuous 2016 before arriving at that conclusion. Read more


Spread of startup accelerators gains steam across state

The proliferation of startup incubators and accelerators that Missouri has experienced in recent years picked up momentum in 2016, with key players across the state’s entrepreneurial landscape announcing new efforts to fuel the growth of early-stage companies. Read more


Bankruptcies strike Missouri coal sector

Problems that had dogged the coal industry in recent years came to a head in St. Louis over the first few months of 2016 as two coal companies filed for bankruptcy and a third narrowly avoided the fate. As the year ended, though, a mining rally that started this year and analysts project will extend into next year provided some cause for optimism across the industry. Read more


KCP&L parent’s $12.2B Westar deal hits regulatory roadblocks

Westar Energy, the largest utility in Kansas, agreed in late May to a $12.2 billion buyout offer from Great Plains Energy, the parent company of Kansas City Power & Light. But as the year drew to a close, the deal for the Topeka-based power company hung in regulatory limbo. Read more