Morning Minutes: Google Fiber delayed, Monsanto funding GMO fight

Prairie Village is the 12th Kansas City-area municipality to reach a deal with Google on its Fiber service. | Photo courtesy of Google
Google may not finish installation of its network for Kansas City customers until mid-2015.  | Courtesy of Google

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

Google Fiber extends completion estimate, competition catching up

Google Inc. is telling prospective customers that it may not finish connecting all of Kansas City with one-gigabit internet service until next summer rather than by the end of this year.

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Loan default rate drops among Missouri college students

The three-year default rate for Missourians who were supposed to begin repaying their student loans in 2011 dropped to 12.6 percent from 13.1 percent the year before, according to a recent report by the U.S. Department of Education.

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New truck terminal to provide 63 jobs in Kansas City

CenterPoint Properties has broken ground on a truck terminal that will add 63 new jobs at CenterPoint-KCS Intermodal Center in south Kansas City, the former Richards-Gebaur Air Force Base. Neovia Logistics, based in Irving, Texas, will operate the 55,950-square-foot facility.

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Monsanto spends nearly $5 million on GMO fight

Monsanto Co. has given $4.7 million to defeat a Colorado measure to label foods containing genetically modified organisms in the state, according to the Colorado Secretary of State’s office. The money has gone to a statewide collection of business and producer groups trying to defeat a ballot measure in November.

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Judge rejects Missouri lawsuit over egg production

A federal judge in California has blocked a lawsuit challenging a California state law affecting egg production, ruling that Missouri and five other states didn’t have the legal standing to sue because they failed to show that the California law does genuine harm to its citizenry instead of just possible future damage to some egg producers.

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