Missouri Minute: Westar, Great Plains move to save merger; Missouri employers take stock after Trump’s immigration order

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

Westar, Great Plains move to save $12.2B deal

Great Plains Energy sought Monday to rescue its proposal to buy Westar Energy, Kansas’ largest electric company, amid strong criticism that the $12.2 billion deal is too rich and would create a larger but financially weakened firm with consumers on the hook for its problems. Read more

Missouri employers take stock after Trump’s immigration order

Official responses ranged from expressions of concern to expectations that business would not be affected as Missouri employers took stock of President Donald Trump’s executive order restricting citizens of seven predominantly Muslim countries from traveling to the U.S. Read more

Council approves extension of KCI’s airline leases while airport’s future is debated

The contractual agreement between Kansas City International Airport and its airlines has been extended for three years, through April 30, 2020. The City Council approved the extension to keep the airport on an even keel. If the community reaches consensus before then on airport improvements, the lease terms can be terminated and rewritten. Read more

U.S. Chamber targets Missouri with new legal reform ad campaign

The U.S. Chamber of Commerce’s Institute for Legal Reform is taking aim at Missouri’s lawsuit climate with a new online and television advertising campaign. The Institute for Legal Reform (ILR) launched the campaign earlier this month, urging the Missouri General Assembly to take legal reform action. Read more

MLB fines Cardinals $2 million for computer hack

Major League Baseball on Monday ordered the St. Louis Cardinals to pay $2 million and turn over two 2017 draft selections to the Houston Astros as a result of a former Cardinals employee hacking the Astros’ computer system. Read more

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