Missouri Minute: Aetna exit leaves Missourians with limited options; Nixon warns against expected veto overrides

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

Aetna exit to leave most Missouri counties only one option on insurance exchange

The decision by health insurer Aetna to dramatically reduce its presence on government-run exchanges has significant consequences when it comes to competition across the country and in Missouri. The move raises new questions about the strength of the exchanges — also called marketplaces — and needed fixes the industry wants to see to make them more profitable. Read more

Nixon warns against expected veto overrides by Missouri lawmakers

Gov. Jay Nixon is speaking out against plans by lawmakers to override several vetoes he made earlier this year. Read more

Opponents and backers of tobacco tax hike make their case in court; ruling expected quickly

A trial began Friday to determine whether a proposed tobacco tax hike should remain on the ballot in November, something a Cole County Circuit court judge will determine this week. Read more

Missouri Chamber backs Greitens for governeor, Parson for lieutenant governor

Staying true to its Republican heritage, the Missouri Chamber of Commerce and Industry’s political committee on Friday endorsed GOP gubernatorial candidate Eric Greitens. Read more

St. Louis law firm broadens attack on university retirement plans

St. Louis law firm Schlichter, Bogard & Denton has filed several more class action lawsuits against big-name universities, alleging their employee retirement plans are too confusing and charge excessive fees. Read more

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