Missouri Minute: Lawmakers seek more labor reform; Euronet takes on Jack Ma

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

After ‘right to work’ passage, Missouri lawmakers continue debate on controversial labor bills

Weeks after passing a “right-to-work” bill prohibiting mandatory union dues, Missouri Republicans continue to move full steam ahead with labor reform proposals. Senate lawmakers kicked off the week by debating a measure that would require public employees give annual permission before union dues be taken from their paychecks – the “paycheck protection bill.” It’s already passed the House. Read more

Euronet Worldwide takes on Chinese billionaire in takeover fight for MoneyGram

Six weeks after billionaire Jack Ma’s Ant Financial announced a plan to take over MoneyGram International Inc., Leawood, Kansas-based Euronet Worldwide is swooping in with a higher bid. Euronet is offering $15.20 a share for the money-transfer service, a roughly 15 percent premium to Ant Financial Services Group’s previous $13.25-a-share offer for MoneyGram. In a release, Euronet made its case to MoneyGram shareholders, arguing that it not only was offering more money, but was a better fit. Read more

5 ways the House GOP health care bill would affect Missourians

Republicans say their health care proposal would “rescue” Americans from the failures of the Affordable Care Act, which they have blasted as a one-size-fits-all law that forced consumers to purchase expensive insurance plans they didn’t necessarily need and often could not afford. Democrats say the GOP’s efforts to repeal-and-replace the ACA, would strip health insurance from millions of Americans and shred the current safety net for the poor. Read more

Cost of Missouri pension system creating conflict among Republican officials

A showdown is looming over the cost of funding state employee pensions in Missouri, pitting Republican officials against one another in a fight over how best to keep the retirement system fiscally sound while the state faces a massive budget shortfall. And both sides worry about the long-term consequences if the other prevails. The Missouri State Employees Retirement System, commonly known as MOSERS, covers roughly 113,000 current and past state employees. Its board of trustees requested an additional $45 million from the state to help cover costs in the fiscal year that begins July 1. Read more

Oklahoma Joe’s expands franchising; Joe’s KC owner OK with it

Oklahoma Joe’s Bar-B-Cue is ramping up its franchising efforts, leaving some fans wondering what that means for award-winning Joe’s Kansas City Bar-B-Que, formerly Oklahoma Joe’s Bar-B-Que. The new iteration of Oklahoma Joe’s now has three locations in Oklahoma and one in the Washington, D.C. area. But there are plans to open more in the D.C. area, along with at least two in Orlando, Florida, and one in Lincoln, Nebraska. Read more

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