Morning Minutes: MoDOT plans to use cash reserves, SunEdison nears bankruptcy

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

MoDOT will rely on reserves without gas tax hike

With the Missouri Legislature showing little interest in raising the state’s gasoline tax in an election year, the Missouri Department of Transportation plans to rely on its cash reserves to secure federal matching funds in the next few years. Read more


SunEdison bracing for bankruptcy, seeking sale of Indian assets

SunEdison, the Maryland Heights-based renewable energy developer, is looking to sell as much as 1 gigawatt of unfinished solar projects in India as the company braces for the possibility of bankruptcy, people familiar with the situation tell Bloomberg. Read more


Bats Global Markets could begin IPO roadshow this week

Bats Global Markets Inc. is taking another shot at going public and could begin courting investors as soon as this week, according a source cited by Bloomberg.  Read more


Senators undeterred by business objections to ‘religious freedom’ bill

Despite criticism and warnings of economic flight from groups including the Missouri Chamber of Commerce and companies such as Monsanto, Missouri lawmakers are pressing on with a proposal that would allow businesses to deny services for same-sex weddings. Read more


NGA’s north St. Louis plan draws divergent responses from officials, neighbors

The announcement late last week that the National Geospatial-Intelligence Agency had identified north St. Louis as the preliminary choice to house its new, $1.75 billion western headquarters was celebrated by local and state leaders. But not everyone in St. Louis greeted the news with jubilation. Read more


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