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Missouri Minute: State bill puts KC, St. Louis earnings taxes in crosshairs; Emerson acquires data management company



Here are today’s top headlines from across Missouri:

State bill puts KC, St. Louis earnings taxes in crosshairs

After a bill that would have eliminated 1 percent earnings taxes in Kansas City and St. Louis fizzled in the Missouri Legislature in 2016, state lawmakers will once again consider a measure to ax the taxes when they convene for their 2019 session. Sen. Bill Eigel, R-Weldon Spring, is sponsoring a bill that would gradually eliminate the earnings taxes over 10 years, starting in 2020. Read more

Emerson acquires Canadian data management company

Emerson has acquired iSolutions Inc., a Canadian consulting group that specializes in data management. iSolutions has worked with oil and gas, power and utilities customers to collect data from production facilities and help integrate it into business systems. Read more

$1.51 billion settlement finalized in Missouri attorneys’ corn lawsuit

A federal judge has given final approval to a $1.51 billion settlement against Swiss seed company Syngenta brokered by a legal team that includes two Missouri attorneys. Plaintiffs in the case sued Syngenta claiming they had lost as much as $7 billion after the company introduced a type of genetically modified corn seed that hadn’t been approved in China, causing the country to reject U.S. corn. Read more

KC auto sales software startup BacklotCars raises $8 million

BacklotCars, a Kansas City-based startup that makes software designed to help car dealers buy automobiles wholesale, has raised $8 million in a Series A funding round. Origin Ventures led the round. Read more

Google Fiber customers surprised to find service canceled

Some Google Fiber and Fiber TV users in the Kansas City area were surprised to find that their service had been cut off and their accounts inexplicably deleted on Tuesday, despite no attempt by the users to cancel the internet and television service. It isn’t clear how widespread the problem is, but a representative for Google Fiber said the problem had struck some customers in Kansas City and beyond. Read more