Missouri Minute: Bayer eyes Monsanto, Crowd endorses Kemper Arena plan

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

Bayer eyes $42 billion Monsanto in quest for seeds dominance

Bayer AG made an unsolicited takeover offer for St. Louis-based Monsanto Co. in a bold attempt by the German company to snatch the last independent global seeds producer and become the world’s biggest supplier of farm chemicals. Read more

Crowd endorses Kemper Arena redevelopment as destination sports hub

More than 100 people turned out Wednesday night to tour Kemper Arena, and many in the crowd endorsed Foutch Brothers’ proposal to convert the mothballed public building into a regional hub for amateur youth and adult sports. Read more

Missouri employers scramble to assess effects of new overtime rules

Many employers and employees across Missouri find themselves trying to figure out which workers will be eligible for overtime pay under new rules issued Wednesday by the U.S. Department of Labor. Read more

Medicaid eligibility could expand for people with disabilities, elderly

Thousands of Missourians who are elderly or living with disability may become eligible for Medicaid coverage over the next few years, if Gov. Jay Nixon signs a bill passed by the legislature that raises asset limits for the first time in nearly 50 years. Read more

Missouri billionare Rex Sinquefield on income tax, gubernatorial race

St. Louis businessman and billionaire financier Rex Sinquefield says he’s disappointed that state lawmakers did not prioritize eliminating Missouri’s state income tax before adjourning the legislative session Friday. Read more

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