Missouri Minute: Missouri lawmakers seek to convert Medicaid; CEOs of Bayer and Monsanto meet with Trump

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

Missouri lawmakers seek to convert Medicaid to block grant

Not waiting for President-elect Donald Trump to act first, some Missouri Republican lawmakers are pressing for a health-care overhaul that could convert the state’s Medicaid program into a block grant from the federal government. Read more

CEOs of Monsanto and Bayer meet with Trump, press case for merger

The CEOs of Bayer AG and Creve Coeur-based Monsanto Co. met Wednesday with President-elect Donald Trump to make their case for the $66 billion merger of the two companies. Read more

Greitens names McKinsey partner as state’s new COO

Gov. Eric Greitens has announced his long-awaited pick for chief operating officer, a new position created through executive order just days after being sworn in as governor. Drew Erdmann, a partner at global management consulting firm McKinsey and Company, was chosen for the position. Read more

PSC approves Ameren Missouri rate hike, cites hope for long-term savings

The Missouri Public Service Commission on Wednesday approved five new orders and tariffs, one of which grants a 2.8 percent rate increase for Ameren Missouri. Read more

Virgin Mobile lands a lease, incentives for downtown KC relocation

Virgin Mobile USA will hire up to 100 people at its new headquarters in downtown Kansas City, the company announced Wednesday. This is double the number of jobs Virgin pledged to create in July when it announced it would move its headquarters to Missouri. Read more

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