Morning Minutes: KC repeals minimum wage hike, Carstar auto repair acquired

All photos courtesy of Creative Commons
All photos courtesy of Creative Commons

Here are today’s top business headlines from across Missouri:

Kansas City Council repeals minimum wage increase, calls for statewide hike

The Kansas City Council on Thursday repealed legislation it passed this summer to raise the city’s minimum wage. The move follows last month’s decision by the Missouri Legislature to pass into law a measure preventing municipalities from setting a minimum wage that exceeds the state’s wage floor. Read more

North Carolina auto brands group acquires Carstar auto repair

A North Carolina-based company that owns several auto service brands will acquire Leawood, Kan.-based Carstar Auto Body Repair Experts, a network of independently owned service franchises with about 230 shops in 30 states. Terms of the deal were not announced. Read more

Ralcorp could be sold in $2.7 billion deal

St. Louis-based Ralcorp Holdings reportedly is in advanced talks to be acquired by TreeHouse Foods Inc. in a deal that could be worth as much as $2.7 billion. Read more

Ameren efficiency program may end after Missouri regulators reject utility’s plan

Energy efficiency rebates under an Ameren Missouri program could expire at the end of the year after state regulators rejected the utility’s electricity saving plan. Read more

Kansas City health leaders urge cities to raise tobacco age to 21

Kansas City business and health leaders announced on Thursday an initiative to convince elected officials in the dozens of municipalities throughout the Kansas City area to raise the legal age for purchasing tobacco products from 18 to 21. Read more

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