Missouri Minute: McKee buys Pruitt-Igoe site, Slack employers at risk

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

Developer McKee buys St. Louis site symbolic of city’s decline, potential rebirth

Since 1976, the vacant Pruitt-Igoe public housing site has served as a reminder of the abandonment many north St. Louis neighborhoods experienced as residents and capital moved elsewhere. But for the first time in decades, a private investor owns the land. Read more

Tight job market puts slack employers at risk

It’s another sign that America’s job market is hot. Workers are in no mood to stick around too long while businesses make up their mind about hiring them. Read more

KC ranks among worst for ‘seriously underwater’ home loans

The Kansas City area is burdened with one of the nation’s highest percentages of “seriously underwater” home loans, according to a new report. Read more

The making of Schlitterbahn’s Verruckt water slide: Too much, too fast?

In 2012, Schlitterbahn co-owner Jeff Henry envisioned building a record-height water slide. By 2013, Henry began sharing his inspiration to make Wyandotte County the site of the world’s tallest water slide — a process largely controlled by Schlitterbahn with little interference from any government regulators. The Verrückt opened a year later in all its 168-foot, heart-stopping glory. Read more

Secretive board controls access to prescription drugs for millions of Americans

Express Scripts recently released its annual list of prescription drugs it will exclude from coverage for the upcoming year. The list, which features 85 medications this time around, is determined by a secretive board of doctors and a pharmacist. Read more

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