Missouri Minute: KCI, Lambert on infrastructure priority list, EquipmentShare raises $26 million

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

KCI, Lambert make Trump priority lists for national infrastructure projects

Kansas City International Airport and the Lambert-St. Louis International Airport show up among 50 major infrastructure projects on a national priority list compiled by Donald Trump’s presidential transition team, according to documents obtained by The Kansas City Star and a sister McClatchy newspaper. Read more

Jackson, St. Louis counties team up to track prescription drug abuse

Jackson County announced Tuesday that it will join St. Louis County in a prescription drug monitoring program as a way to fight abuse of painkillers. Read more

Columbia startup EquipmentShare raises $26 million, eyes expansion

EquipmentShare, a Columbia startup that runs an online marketplace for renting construction equipment, has closed a $26 million funding round, the company announced Tuesday. EquipmentShare plans to use the capital to roll out upgraded telematics technology and expand into eight new marketing, according to a press release. Read more

New rules for Uber, Lyft on fast track through Missouri House

In a repeat of last year’s action, the Missouri House initially approved a proposal to make life easier for ride-hailing companies such as Uber and Lyft through statewide regulation Tuesday. The measure would exempt ride-hailing companies from local rules like those set by the St. Louis Metropolitan Taxicab Commission. It would require the companies pay an annual $5,000 fee to the state – but not local or municipal fees or taxes – and allow them to conduct their own background checks and vehicle inspections. Read more

Plan to cut jobless benefits surfaces again in Missouri

Lawmakers are again considering a plan to slash the maximum number of weeks Missourians can claim jobless benefits to one of the lowest in the nation. Five months after the Missouri Supreme Court found a 2015 version of the change unconstitutional, a House panel heard testimony Tuesday about the latest proposal to shorten the length of time laid off workers could receive benefits from 20 weeks to 13 weeks if the jobless rate is below 6 percent. Read more

Want the state’s top business and entrepreneurship news in your inbox? Sign up here for our newsletters.

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students