Here are today’s top business headlines from across Missouri:
Kansas City engineering firm Burns & McDonnell has proposed to privately build and finance a new single terminal at Kansas City International Airport, as a way to finally garner voter approval and get the controversial airport project done. Burns & McDonnell has quietly floated to city government officials that it would be the lead firm in creating the design and doing the construction work. It says it has committed to using local labor, suppliers, contractors and subcontractors to the extent possible. The firm also would come up with the financing for a project that is estimated to cost about $1 billion. Read more
Missouri lawmakers on Thursday sent Gov. Eric Greitens a measure that gives the St. Louis Zoo a way to raise more money for its operations and infrastructure projects without charging admission. St. Louis and St. Louis County residents already pay property taxes that support the popular, 100-year-old institution. But zoo officials have said those taxes don’t bring in enough revenue for necessary renovations, maintenance and conservation projects. Read more
Bracing for a loss in state funding and tuition dollars, University of Missouri System campuses this week are announcing some broad budget cuts. For the University of Missouri’s Columbia campus, the cuts will be the largest in recent memory, officials said. MU has decided to slash 12 percent of its budget from all schools, colleges and divisions on campus in fiscal year 2018. Read more
With less than 24 hours left in the legislative session, the Missouri House voted Thursday night to send the governor a measure bringing the state into compliance with the federal REAL ID Act in a last-ditch effort to avoid forcing residents to get passports to fly and visit military bases. Lawmakers in states such as Missouri have long objected to provisions requiring states to keep and share databases of personal documents they worried could be hacked or misused. Read more
President Donald Trump’s get-tough attitude on immigration is spurring a surge of high-tech investment in America’s heartland, where farmers are scrambling for new ways of coping with labor shortages and slumping profits. Finding people for the sometimes back-breaking tasks of planting and harvesting crops has become more and more difficult in the U.S., where the industry has relied on cheap immigrant labor for generations. Read more
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