Morning Minutes: Nixon proposes university tuition freeze, $15 minimum wage push continues in KC
Here are this morning’s top business headlines from across Missouri:
Nixon proposes university tuition freeze, higher education spending boost
Gov. Jay Nixon on Monday proposed freezing undergraduate tuition at the state’s public universities for the 2016-17 school year. The governor also proposed adding $55.7 million in performance funding for higher education to the state’s 2017 budget, which would mark an increase of 6 percent. Read more
Despite state law change, push continues for KC minimum wage measure
Kansas City faces a legal battle as it tries to remove from its November ballot a measure that would raise the local minimum wage to $15 per hour. Read more
Uber attracts thousands in St. Louis debut
Thousands of St. Louis area passengers rode with UberX over the weekend after the ride-hailing service launched local service on Friday in defiance of regulators. Read more
Time Warner Cable stock closes up as shareholders approve Charter deal
Time Warner Cable stock closed higher by 0.88% to $191.04 on Monday, after its shareholders approved the company’s $56 billion sale to Charter Communications, according to preliminary reports. Read more
1 billion belts later, Carlisle Belts reflects on the future
Since 1959, Springfield has been home to a manufacturing company that has become of the country’s leaders of power transmission belts for industrial, commercial and consumer markets. Read more
