Morning Minutes: Major KC development resumes, Perceptive announces cuts

Construction | Courtesy of RyanP77/Flickr
Stalled since the recession hit, construction will begin again on the largest mixed-used development in the Kansas City area. | Courtesy of RyanP77/Flickr

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

Missouri hospitals lowering financial assistance benchmarks

Hospitals across the country are rethinking their financial assistance policies now that the Affordable Care Act is making insurance available to more people, and many in Missouri have reduced the eligibility for subsidized care. Most states, although not Missouri, have expanded their Medicaid programs through the ACA to cover more people with low incomes.

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Kansas City area’s largest mixed-use development resumes

A Kansas City firm developing 300 acres in Overland Park, Kan., has started vertical construction of the residential and retail components of the project, renamed BluHawk, after a long delay caused by the recession. Price Development Group LLC originally announced the huge mixed-use project, under the name the Village of Overland Park, in 2007.

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St. Louis Metro, transit union leaders, strike deal

Metro and the union that represents some 1,500 of its workers have reached a tentative contract agreement. The Amalgamated Transit Union Local 788 said the agreement preserved workers’ defined benefit pension plan, increased wages and improved health care coverage.

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Software company announces layoffs after opening new KC-area office

Days after 750 staffers arrived at the company’s new Lenexa, Kan.-based headquarters, Perceptive Software Inc.’s CEO sent an email to staff announcing layoffs and the closing of offices in Massachusetts and California. The company declined to comment on how many people in the Kansas City area would be affected by the layoffs.

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Six lessons for business leaders from Jane Goodall

Jane Goodall is most famous for her 45-year study of chimpanzees, but the primatologist has plenty of business savvy as the founder of an international wildlife conservation institute and its youth organization. Goodall recalled her time in Africa and her nonprofit work in an event Wednesday night at Mizzou Arena.

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