Missouri Minute: Missouri’s corporate tax revenue drops; St. Louis starts cybersecurity training program

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

Apprenticeship program aims to fill cybersecurity jobs

With jobs in the cybersecurity industry growing increasingly difficult to fill, a nonprofit group in the St. Louis area announced a partnership Tuesday that seeks to chip away at the region’s shortage of cybersecurity talent through an apprenticeship program. The paid, 18-month program will pair individuals with area businesses looking to address cybersecurity issues. Read more

Centene to remain in health care exchanges for 2018, reports profits

Despite the uncertainty surrounding the Affordable Care Act, Centene Corp. remains committed to participating in the ACA exchanges. Chairman, President and CEO Michael Neidorff said during a conference call Tuesday that the managed care provider will remain in the exchanges for 2018. Read more

Most Kansas City taxis to operate like Uber and Lyft in wake of new state law

Kansas City’s licensed taxi business is about to all but disappear. But not its taxis. After Monday’s passage of a new law that will regulate ride-hailing companies at the state level, the operators of some traditional cab companies in Kansas City indicated they plan to shift how they run their businesses. Read more

Corporate income tax revenues drop in Missouri, but not due to the economy

The state of Missouri collected just $280 million in corporate income tax revenue in fiscal year 2016, a 35 percent drop from the $435 million collected the previous year. In his budget address in early February, Gov. Eric Greitens highlighted the drop, arguing the reason for it was “not enough people have quality jobs with great paychecks and businesses are struggling.” Despite the new Republican governor’s bleak view of the economy, the state’s own numbers showed a far different picture. Read more

Greitens names Jackson County judge Powell to fill Missouri Supreme Court vacancy

Missouri Gov. Eric Greitens has appointed Jackson County Circuit Judge W. Brent Powell to the state Supreme Court. Powell, a Springfield native and University of Missouri law grad, will fill a seat on the seven-member court that has been vacant since Judge Richard Teitelman died in November. At age 46, he will be the youngest member of the Missouri Supreme Court. Read more

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