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Here are today’s top business headlines from across Missouri:
Glyphosate, the active ingredient in Monsanto’s marquee product, Roundup, is coming under fire from hundreds of legal challenges across the U.S., with individuals alleging that the herbicide is carcinogenic and linked to cases of non-Hodgkin lymphoma. Whether the cases pay out for plaintiffs remains to be seen. But at the very least, they represent a big opportunity for litigators, with some thinking “glyphosate” could become a legal buzzword on par with asbestos. Read more
The University of Missouri System will have to cut programs, make layoffs, raise tuition or potentially all of the above if it’s going to keep up with funding cuts, new UM System President Mun Choi said Friday. In his first press conference since taking office March 1, Choi said the UM System faces cuts that amount to about 11 percent of its budget. Read more
Another provider of coworking space has staked a large claim in downtown Kansas City. Chicago-based Level Office bought the seven-floor Kessler Building and plans to renovate it for use as private offices and coworking space. Read more
As the fight over health care dominates discussion in Washington, a quieter debate is taking shape in the Missouri General Assembly that could fundamentally alter the way health care is delivered to the state’s most disadvantaged residents. One solution being strongly considered by some Republicans would radically alter the way Medicaid is funded in Missouri. Proponents say it would give the state more control over costs. Opponents say it would result in cutting crucial medical services and programs. Read more
Amid the alphabet soup of economic development agencies throughout the St. Louis region, the St. Louis County Port Authority stands out as among the more powerful. While the St. Louis and Kansas City port authorities focus on developing infrastructure for navigating the waterways or developing the riverfront, the St. Louis County Port Authority acts as both a driver and a behind-the-scenes player on projects anywhere in St. Louis County. Read more
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