Morning Minutes: Tax incentive critics emboldened, Ride-hailing services renew regulation push

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

Tax incentive critics emboldened after collapse of BNIM office project

After last week’s collapse of the BNIM office project in Kansas City, which sought property tax abatement to redevelop a building in the Crossroads Arts District, critics of public redevelopment subsidies are feeling emboldened, calling the failure a wake-up call. Read more

Ride-hailing services renew push for statewide regulation

For the second year in a row, representatives from ride-hailing companies are asking Missouri lawmakers to change the way the businesses are regulated by establishing statewide standards and stripping control from local regulatory groups. Read more

Bill seeks to eliminate prevailing wage law for public works projects

Legislation being considered by a Missouri House committee would dump the state’s prevailing wage for public works projects. Read more

Lee’s Summit firm High Tech expanding, adding jobs

High Tech Solutions LLC, a company that makes parts for the aerospace industry, is planning a $6.4 million expansion in Lee’s Summit. Read more

Koster reaches deal to restore $50 million from tobacco settlement

Attorney General Chris Koster said Monday that he has reached a deal with major tobacco manufacturers to restore $50 million in lost tobacco settlement proceeds to Missouri, but it is contingent on action from the legislature. Read more

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