Newspaper article St Louis Post-Dispatch (MO)

Business Digest

Newspaper article St Louis Post-Dispatch (MO)

Business Digest

Article excerpt

Dow CEO gives $6M to Mizzou institute: The CEO of Dow Inc. has donated $6 million to a new University of Missouri health institute that is focused on personalized medicine.

The university said Friday that the gift from Jim Fitterling is one of the first from an individual donor for the NextGen Precision Health Institute. The $220.8 million center is expected to open in October 2021. The state has contributed $10 million so far, with other funding coming from a combination of private and corporate support.

Fitterling said in a statement that as a cancer survivor, he is "keenly interested in advancing research that helps patients and their families enjoy better outcomes and better qualities of life."

He began working at Dow just two weeks after graduating from the University of Missouri's College of Engineering in 1983.

Pilots put 737 Max return in February: Southwest Airlines pilots predicted on Monday that the grounded Boeing 737 Max airplane will return to the skies weeks later than Boeing and airlines have projected.

The Southwest Airlines Pilots Association, the union for the airline's pilots, said it believes the aircraft, which was pulled from service in March after two fatal crashes, will likely resume flights in "probably a February time frame."

Southwest, United Airlines and American Airlines estimate the planes will be available to fly in early January.

Boeing said Monday it is "working towards return to service in the fourth quarter." A key step -- a certification test flight by Boeing -- is not expected until early November.

Last week, the union sued Boeing, saying the planemaker "deliberately misled" the airline and pilots about the 737 Max aircraft.

WeWork opens sites at breakneck speed: WeWork has opened almost as many new locations in the last 3½ months as it did in the whole first half of this year, likely accelerating the speed with which the office-sharing company is burning through cash as increasingly hard-nosed investors scrutinize its prospects for going public. …

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