Missouri Minute: UM System backs discrimination bill; SoftBank shares rise after Sprint report

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

UM System officials support discrimination bill

Leaders from the University of Missouri System, which employs almost 24,000 people, testified last week in favor of a Missouri House bill that narrows protections in the state’s workplace discrimination law. The bill would make it impossible for employees to file discrimination lawsuits against other employees, forcing suits against employers themselves and capping damages for those who win. Read more

SoftBank shares rise on reports the company may cede control of Sprint

Shares in SoftBank Group Corp. rose nearly 3 percent in morning trading on Monday after a Reuters report that the Japanese company is prepared to cede control of Sprint Corp. to T-Mobile US Inc. to clinch a merger of the two U.S. wireless carriers. SoftBank is expected to approach T-Mobile parent Deutsche Telekom AG for negotiations when an ongoing auction of airwaves ends in April and a ban on talks between rivals is lifted, people familiar with the matter told Reuters. Read more

Missouri lawmakers studying all possibilities for I-70

No bills have been filed in the Missouri Legislature this year regarding Interstate 70, and the chairman of the House Transportation Committee says there may be no progress on the interstate this legislative session. Still, Rep. Bill Reiboldt says lawmakers are studying all possibilities to replace I-70 and the state’s transportation infrastructure in general. Read more

Nearly two-thirds of St. Louis-built Navy Super Hornets out of service because of wear

Almost two out of three Navy F/A-18 fighter jets built in St. Louis are “not flyable” on any given day, a top admiral said, and there are indications the Pentagon is considering boosting the number of the St. Louis-built Boeing planes on its “unfunded priorities” list to two dozen. “The facts are that for our entire Hornet fleet, that’s the Hornets and Super Hornet fleet, we have 62 percent (that are not fit to fly) on a given day,” Navy Vice Admiral Bill Moran told a Senate Armed Services subcommittee last week. Read more

To attract students, colleges try moving brick-and-mortar experience online

An increasing number of college students are moving their educational experience online, a beneficial trend for Missouri colleges that have seen enrollment drop 6.1 percent in the last 5 years and are facing a decrease in revenue. That growth in online education has schools bringing the brick-and-mortar experience to students who live nowhere near campus. Read more

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