Morning Minutes: Highwoods to sell Country Club Plaza, GOP leaders push for state worker pay raise

Photos courtesy of (clockwise from left) Creative Commons, Detroit News, and Creative Commons
Photos courtesy of (clockwise from left) Creative Commons, Detroit News, and Creative Commons

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

Country Club Plaza’s owner puts KC shopping district up for sale

Highwoods Properties, the owner of Kansas City’s Country Club Plaza, said Wednesday that it plans to sell the upscale shopping district by early 2016. Read more

Great Southern Bank acquires Fifth Third Bank’s St. Louis retail operations

Springfield’s Great Southern Bank will acquire the St. Louis-area retail operations of Fifth Third Bank, a Cincinnati-based outfit. Read more

GOP leaders seek pay raises for state employees

Republican leaders in the Missouri House of Representatives are calling for Gov. Jay Nixon to use increased state revenue to build a pay raise for state employees into the next state budget. Read more

KC biotech group says $100 million in venture capital is needed

The Kansas City Area Life Sciences Institute released a new report Wednesday on what it will take to keep the region competitive in biotech over the next decade. Read more

Deadline for credit cards with microchips hits merchants

Millions of merchants are missing the Oct. 1 deadline to be ready for credit cards with microchips in them, and retailers that don’t have systems capable of reading the new chip-enabled cards will be stuck with the liability for some fraudulent transactions. Read more

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