Morning Minutes: Minimum wage vote in Kansas City, Nixon dismissed from stadium lawsuit

Photos courtesy of (clockwise from top left) the Missouri Times, ob Hill/Mizzoumag, and Mercy Springfield
Photos courtesy of (clockwise from top left) the Missouri Times, ob Hill/Mizzoumag, and Mercy Springfield

Here are this morning’s top business headlines from across Missouri:

Kansas City could get minimum wage vote in November

The Kansas City Council took procedural actions to put a petition initiative on the Nov. 3 ballot that would raise the minimum wage to $15 by 2020. The Council must discuss and vote on the initiative by next Thursday. Read more

Nixon dismissed from lawsuit over state funding of St. Louis stadium

A lawsuit tied to plans for a new $1 billion riverfront stadium for the St. Louis Rams carries on without Gov. Jay Nixon as one of its defendants. It also moves from Cole County Circuit Court to St. Louis Circuit Court. Read more

Mercy Springfield to pay $5.5 million for improper financial referral claims

Mercy Springfield Communities will pay $5.5 million to the federal government to settle claims that the hospital system used improper financial relationships while referring physicians. Read more

Edward Jones agrees to pay $20 million fine

Edward Jones has agreed to pay more than $20 million to settle charges that the firm and the former head of its municipal underwriting desk overcharged customers in new municipal bond sales, the Securities and Exchange Commission announced Thursday. Read more

Wet weather causing crop insurance issues for Missouri farmers

This year’s wet spring in Missouri caused farmers to delay the planting of corn and soybean crops. Now, as they have passed the deadlines for seed planting, they are no longer eligible for crop insurance. Though alternate insurance options are available, they won’t come without a price. Read more

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