Morning Minutes: Health care groups oppose tobacco tax hikes, E-tax debate gets heated

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

Health care groups oppose tobacco tax hikes

A coalition of health care groups that have historically funded efforts to increase Missouri’s lowest-in-the-nation tobacco tax announced Wednesday that they will not do so this year. Read more

City earnings tax debate gets heated in House committee hearing

A House committee hearing on four bills introduced by legislators designed to repeal the earnings tax in St. Louis and Kansas City resulted in a heated debate between the Mayors of those cities, lawmakers and a representative of an anti-tax organization on Wednesday. Read more

After delaying annual filing, SunEdison suspends preferred dividends

SunEdison said Wednesday it is suspending payment of quarterly dividends on its preferred stock. The move comes two days after the Maryland Heights-based solar developer delayed filing its annual report amid an internal investigation into its finances. Read more

Monsanto cuts earnings forecast on strong dollar, weak commodities

Anticipating challenges from currency fluctuations and low crop prices, Monsanto Co. executives on Wednesday lowered earnings guidance for the company in 2016. Read more

Missouri selected to test new SNAP employment and job training project

Secretary of Agriculture Tom Vilsack announced Wednesday that Missouri and nine other states have been selected to take part in SNAP to Skills, a new effort to help state agencies design improved employment and training programs for adults participating in the SNAP program. Read more

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