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Here are today’s top business headlines from across Missouri:
The Health Care Foundation of Greater Kansas City and HCA Holdings Inc. concluded a drawn-out legal battle on Tuesday, agreeing to a settlement that will result in $160 million for the foundation. Read more
A year ago, Sprint’s finance chief Tarek Robbiati declared that a T-Mobile merger was “not in the cards.” On Tuesday, he acknowledged the company is thinking that pairing up “may be necessary to compete.” His comments Tuesday came as Sprint released its financial results and customer counts from the final months of 2016. Read more
A Missouri lawmaker has proposed eliminating tenure for professors at all the state’s two- and four-year public colleges and universities. Rep. Rick Brattin, R-Harrisonville, says he wants to get rid of what educators have set as the gold standard of achievement for college professors. Read more
Missouri’s prevailing wage law started its path toward the chopping block Tuesday when state House members gave their initial support to a repeal. The prevailing wage is the minimum wage construction workers must be paid for public works projects. Read more
This year, Budweiser stepped away from animals in its Super Bowl ad to focus on a more human aspect: the emigration of Budweiser founder Adolphus Busch from Germany to the United States in the 1800s. The commercial is timely given President Donald Trump’s immigration ban from seven Muslim-majority countries that spurred large protests over the weekend. However, Budweiser insists that the timing is nothing more than a coincidence. Read more
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