Nicole Lunger/Missouri Business Alert
Here are today’s top business headlines from across Missouri:
After more than 12 hours of debate and filibuster that stretched into the early morning Wednesday, Missouri senators reached a compromise on a proposal that would make it harder for Missourians to sue for workplace discrimination. Under the measure given initial approval, people would have to prove their race, sex or other protected status actually motivated their boss or colleague to mistreat them to win cases like wrongful termination suits. Read more
A year after retired Teamsters crowded a Kansas City session with Kenneth Feinberg to fight looming pension cuts, the group is in Washington this week to continue the battle. Former truck drivers and others among the 400,000 covered by the flagging Central States Pension Fund arrived Monday and have already met with Rep. Emanuel Cleaver of Missouri, who had gotten Feinberg to add Kansas City to his list of town hall events last year, and Rep. Vicky Hartzler of Missouri, among others. Read more
Conservatives and farmers around the country and in Missouri celebrated President Donald Trump’s signing of an executive order Tuesday asking the Army Corps of Engineers and Environmental Protection Agency to reconsider the controversial Waters of the United States rule. The rule was recommended under former President Barack Obama’s administration to the displeasure of agricultural and business interests who felt it stifled property rights through its wide breadth. Read more
After more than a year, the opposition to St. Louis’ efforts to raise the minimum wage in the city went all the way to the state Supreme Court, which upheld the city’s minimum wage increase Tuesday. Now, businesses in and around the city are scrambling to figure out whether to make immediate changes or wait to implement a higher wage for employees. Read more
Standard & Poor’s Global Ratings service on Wednesday announced the four-campus University of Missouri System’s AA+ credit rating and returned the outlook for its overall credit rating to “stable.” Last year at this time, S&P issued a poor rating for the UM System. It was based primarily, university officials said, on the turmoil that followed racially fueled student protests in November 2015 — the resignations of the system president and the chancellor of the flagship campus, an enrollment drop, and threatened funding cuts. Read more
Want the state’s top business and entrepreneurship news in your inbox? Sign up here for our newsletters.