Missouri minute: Clayton firm inks $950 million real estate deal; Hy-Vee plans new KC facility

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

Clayton firm inks $950 million real estate deal with Chinese insurer

China Life Insurance Group signed off on a $950 million deal this week with ElmTree Funds, a Clayton-based real estate investment firm. Read more

Hy-Vee gets approval for KC e-commerce fulfillment center, central kitchen

Hy-Vee Inc. is planning a $29 million Kansas City construction project to build an e-commerce fulfillment center and central kitchen for its Kansas City-area stores. Read more

Ameren customers could see rate hikes under Bootheel steel mill plan

The cost of offering Ameren Missouri lower electricity rates to reopen two factories in the state’s Bootheel region could cost the company’s customers $4.75 each month beginning in three years. Read more

Google Fiber raises rates for TV customers, blames programming costs

The cost of Google Fiber TV service is going up again. A standard cable-like package with the company’s high-speed Internet connection will increase by $20 a month starting in July. Internet-only rates remained unchanged. Read more

St. Louis charter school applications decline as sponsors raise expectations

The pace of new charter schools seeking to open in St. Louis has slowed, according to the universities that act as sponsors and receive formal applications. Read more

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