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Missouri Minute: Right-to-work suspended; Galloway investigating rural hospitals

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

‘Right-to-work’ law suspended after unions submit 300K signatures for statewide vote

With the submission of more than 300,000 signatures Friday, Missouri’s “right-to-work” law won’t go into effect Aug. 28 and its fate likely will be put to voters in 2018. The law is suspended, a spokeswoman for the Secretary of State’s office said. The office still needs to verify that at least 100,000 of the signatures are from registered voters — the minimum to force a statewide vote in November 2018. Read more

Rural hospitals’ financial health is under state auditor’s lens

The state’s top financial watchdog is turning her focus to rural hospitals. In the past two weeks, Missouri Auditor Nicole Galloway has begun to release the first batch of financial audits examining rural, county-owned hospitals. She started the audits to see if her office could find best practices among rural hospitals, but she’s also looking to see what local hospital boards are doing to address their facilities’ financial issues. Read more

Spirit of St. Louis Fund to invest $5 million in seed capital

The Spirit of St. Louis Fund I will open up $5 million in new seed capital for startups in the region, according to an announcement from Joe Reagan, president and CEO of the St. Louis Regional Chamber. Reagan announced the investment in the fund, in partnership with Cultivation Capital, Twain Financial Partners and local banks, during the Chamber’s 180th annual event. Read more

200 packaging jobs coming to KCI business center

A St. Joseph company is expanding its packaging operations in Kansas City with plans to hire 200. BMS Logistics Inc. has leased 432,000 square feet at KCI Intermodal BusinessCentre. The company plans to begin operations at the site in January to accommodate an increase in its customer base. Read more

As enrollment continues climb, Missouri State takes on Mizzou

The University of Missouri in Columbia remains the state’s flagship university, but Missouri State University is the school with enrollment momentum. And Missouri State President Clif Smart has a clear goal: “We want to be the undergraduate choice for Missouri.” His plan might be working. The Springfield school has seen steady, continuous enrollment growth for 18 of the past 20 years. Read more

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