Missouri Minute: Son pledges $50 billion US investment; PSC lays out utility legislation guidelines

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

SoftBank chief Son pledges $50 billion US investment

Winning praise from President-elect Donald Trump for being a “great man of industry,” Japanese tech billionaire Masayoshi Son promised to invest $50 billion in new startups in the United States, committing to creating 50,000 new jobs. Read more

PSC lays out guidelines for new legislation on Missouri utilities

After months of in-depth research and study, the Missouri Public Service Commission has issued its final report on how state policies on electric utility regulation could be improved. In doing so, the commission also laid a set of guidelines for Missouri lawmakers on any future legislation on the issue. Read more

KC federal workers fear job losses over Trump talk of hiring freeze

President-elect Donald Trump’s campaign promise to put a hiring freeze on federal workers has drawn particular interest in Kansas City, a region with some 28,000 federal employees. Read more

Missouri’s largest peach farmer sues Monsanto over alleged damage from illegal herbicide use

Missouri’s largest peach producer has filed a lawsuit against Monsanto Co., alleging that the company bears responsibility for illegal herbicide use suspected of causing widespread crop damage in southeast Missouri and neighboring states. Read more

Overland Park approves Metcalf South demolition and development plan

A redevelopment plan for the 30 acres around the Metcalf South shopping center jumped through its final hoop Monday night, with approval from the Overland Park City Council. Read more

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