The Year in Brief: Missouri’s biggest business stories of 2015

In case you missed any of Missouri Business Alert’s coverage to close out 2015, kick off the first workweek of the new year with our Year in Brief.

The Year in Brief offers a look at Missouri’s most important business stories of 2015 and a glimpse of how those stories could play out in 2016 and beyond.

Below, in no particular order, is a roundup of those stories:

Minimum-Wage-Featured-Image-with-Flag

New state law trumps KC, St. Louis minimum wage efforts

After local lawmakers in Kansas City and St. Louis approved municipal minimum wage hikes in 2015, the Missouri General Assembly overrode Gov. Jay Nixon’s veto to pass into law a measure banning cities from setting their own pay floors above the statewide level. Read more


RTW-Featured-Image-with-Flag‘Right-to-work’ bill dies, 2016 revival uncertain

So-called right-to-work legislation resurfaced in Missouri in 2015 and advanced further than ever before, making it to Gov. Jay Nixon’s desk. However, backers of the contentious legislation could not garner enough support to override Nixon’s veto and make Missouri the country’s 26th right-to-work state. Read more


 

Beer-Deal-Featured-Image-with-FlagA-B InBev strikes mega-deal for SABMiller, continues craft brewery spree

The global beer market is on the verge of a major shake-up after two brewing giants with prominent American brands have agreed to combine in a $109 billion takeover deal. Read more


Mizzou-Unrest-Featured-Image-with-Flag1Protests and boycott topple MU leaders, put race in focus

Student protests on the University of Missouri campus in Columbia led to the resignations of Tim Wolfe, the University of Missouri System president, and R. Bowen Loftin, chancellor of the system’s flagship campus. Those departures and the events surrounding them thrust the university into the national spotlight and brought issues of race into focus. Read more


Rivefront-Stadium-Featured-Image-with-FlagStadium planned to keep Rams in St. Louis, decisions loom in 2016

The St. Louis Rams are one of three NFL teams looking to leave their current home for the Los Angeles area, and 2015 saw extensive efforts surrounding the Rams’ potential departure from the Gateway to the West. Read more


Photo courtesy of Creative Commons
Photo courtesy of Creative Commons

Monsanto layoffs announced, purchases possible as industry consolidates

It was a rocky year for Monsanto, the world’s largest seed maker. Following a series of unsuccessful bids to buy Swiss agrochemical company Syngenta AG, the Creve Coeur-based agribusiness outfit is trying again. Read more


Transportation-Funding-Featured-Image-with-FlagAs MoDOT braces for bleak funding future, solutions prove elusive

Missouri drivers could experience a bumpier ride in the next few years if lawmakers don’t find a way to pay for fixes to the state’s aging roads and bridges. After the Missouri General Assembly couldn’t agree on legislation to address the transportation department’s financial woes, state officials say that will remain a priority in the 2016 legislative session. Yet there is no clear consensus on the best way to fund the state’s infrastructure. Read more


Coal-Decline-Featured-Image-with-FlagCoal’s continued slump portends trouble for Missouri firms

Coal producers continued to struggle through 2015, and the industry’s ills were felt acutely in the St. Louis area, home to two of the largest coal companies in the U.S., Arch Coal and Peabody Energy. Read more


Governor-Race-Featured-Image-with-FlagCrowded Republican field sets stage for heated governor’s race

With less than a year remaining until the November 2016 election, the Missouri gubernatorial race is heating up as Republicans try to wrest back a governor’s office that has been held by the Democrats for more than a decade. Read more


ACA-Featured-Image-with-Flag1Both sides notch victories as health insurance fight continues

In 2015, Missouri lawmakers continued to successfully resist a major piece of the Affordable Care Act while the U.S. Supreme Court handed down a ruling that helped ensure the health care law’s survival in the state. Read more


Health-Care-Consolidation-Featured-Image-with-FlagHealth insurance sees rise in huge mergers, competition concerns

Consolidation was a driving force in the health care industry in 2015, as the nation’s five largest health insurance companies pursued one another until only three may remain. Clayton-based Centene was also part of the health insurance acquisition spree. Read more


NGA-McKee-Featured-Image-with-FlagSt. Louis pushes to keep federal agency, purchases McKee land

St. Louis’ effort to land a new $1.6 billion facility for the National Geospatial-Intelligence Agency inside the city limits led local officials on a long and winding road in 2015. Read more


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