Wed October 5, 2011
Morning headlines: Wednesday, October 5, 2011
RCGA: Economic impact of first-round playoffs $5.2 million
The St. Louis Regional Chamber and Growth Association says the economic impact of the Cardinals in the first-round playoffs approaches $5.2 million per game, based on the typical game drawing a capacity crowd.
The association says that if the Cardinals played all possible games through the World Series, the impact would approach that of having the 2009 All-Star Game in St. Louis at more than $56 million.
(It is worth noting, however that these figures have been under some scrutiny by some media reports).
The Cardinals are down 2-1 in the best-of-five National League divisional series after losing to Philadelphia 3-2 Tuesday. The Cards and Phillies are playing Game 4 Wednesday in St. Louis, returning to Philadelphia for Game 5 if necessary.
Mo. House committee to consider new version of business-incentive bill
The House Economic Development Committee is scheduled to vote Wednesday afternoon on the legislation, setting up a potential debate the next day by the full chamber.
The committee originally was to vote on the legislation two weeks ago. But it never did so, because Republican House leaders said they wanted to first reach a consensus with senators. There still is no agreement between the House and Senate. But House leaders now say they want to at least take a vote on their version of the bill.
The plan would create new incentives for international exports, computer data centers and amateur sports events.
Mo. Supreme Courts rejects Anheuser-Busch's appeal
According to the St. Louis Business Journal, the Missouri Supreme Court has rejected Anheuser-Busch’s appeal in a gender discrimination suit brought by the brewer’s former highest-ranking woman. With the state’s highest court not taking up the case, the suit now appears headed for trial in St. Louis Circuit Court.
Francine Katz, A-B’s former vice president of communications and consumer affairs, alleges she was given a smaller salary and bonuses than male executives. The Business Journals reports that A-B has said “the decision has no impact on our opinion that her claims are without merit.”