Missouri Minute: T-Mobile CEO stays mum on merger plans; Berkshire Hathaway buys stake in Monsanto

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

T-Mobile CEO says he’s excited about merger speculation but stays mum on plans

T-Mobile chief executive John Legere said Tuesday he “couldn’t be more excited” about possible deal-making in the telecom world. He also kept his cards close to his vest. Legere, whose company has been mentioned as a potential M&A partner with Sprint, acknowledged widespread speculation about potential industry and cross-industry mergers during his company’s quarterly conference call with analysts and investors. Read more

Warren Buffett’s Berkshire Hathaway buys stake in Monsanto

Berkshire Hathaway, the holding company controlled by billionaire Warren Buffett, has revealed a new stake in Creve Coeur-based Monsanto. Berkshire acquired 8,041,784 Monsanto shares in the fourth quarter of 2016, according to a filing with the Securities and Exchange Commission. Read more

History shows ‘right-to-work’ ballot gambit could be successful in Missouri

At virtually the same time that Gov. Eric Greitens signed “right-to-work” legislation into law on Feb. 6, Missouri AFL-CIO President Mike Louis and Missouri NAACP President Nimrod Chapel filed a petition to put the law in front of voters for an up-or-down vote. A historical review of the maneuver shows it could be successful if it goes forward. Read more

Why does higher education in Missouri always seem to be on the chopping block?

Once again, Missouri state lawmakers are proposing steep budget cuts for higher education. This year’s proposed budget cuts to the University of Missouri System are only the latest chapter in a trend of decreasing state funding to higher education. It’s happening nationwide, and in Missouri, it began more than two decades ago. Read more

Greitens an advocate for school choice, charter schools

Of the hundreds of education bills Missouri lawmakers have filed this session, charter school expansion has the best chance of passing. Not only is Republican Gov. Eric Greitens an enthusiastic backer of school choice, but charter school advocates say the desire for alternatives to traditional public schools is broadening. Read more

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