Missouri Minute: Great Plains Energy, Westar dismiss regulators’ concerns; Hearing draws crowd as lawmakers push to pass ‘right-to-work’ law

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

Great Plains Energy, Westar dismiss regulators’ concerns over proposed merger

Great Plains Energy has fired back against objections raised by Kansas regulators to its planned $12.2 billion acquisition of Westar Energy. Great Plains, the parent company of Kansas City Power & Light, said blocking the acquisition of the Topeka-based electric utility would have a “chilling effect” on utility consolidation in the state. Read more

Hearing draws crowd as lawmakers push to pass ‘right-to-work’ law

As Missouri’s battle over a right-to-work law heats up, both sides agree on a key point: passage is inevitable this year. At Tuesday’s legislative hearing on the issue in the Missouri Capitol, dozens of supporters and opponents crammed a Statehouse hearing room to debate the merits of a so-called right-to-work measure, which would ban mandatory union fees. Read more

St. Louis soccer stadium won’t be on April ballot, bill’s sponsor says

The sponsor of a city proposal to put $80 million into a new Major League Soccer stadium said Tuesday that the bill is effectively dead. Alderwoman Christine Ingrassia said that Board Bill 226 would not move forward for inclusion on the April ballot, but noted that a future for MLS in the city isn’t ruled out. Read more

Proposal to end corporate income tax gets mixed reviews at Senate hearing

Members of the Missouri Senate Ways and Means Committee on Tuesday heard testimony on a bill to end Missouri’s corporate income tax. Sen. Will Kraus, R-Lee’s Summit, who sponsored the bill and chairs the committee, referenced President-elect Donald Trump’s remarks about cutting taxes across the board when introducing the bill, which Kraus characterized as an economic development tool. Read more

UMKC announces Entrepreneur Hall of Fame’s second class

Four more entrepreneurs are joining the University of Missouri—Kansas City’s Entrepreneur Hall of Fame at the Henry W. Bloch School of Management. The quartet follows a group of 20 Kansas City entrepreneurs enshrined in the hall of fame’s first class in 2015. Read more

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