Here are today’s top business headlines from across Missouri:
Gov. Eric Greitens on Tuesday signed into law a measure that will prevent Missouri cities from requiring union-level wages for public construction projects. The Republican governor said the move will ensure more efficiency for taxpayers, but critics say it’s the latest in a series of moves by the new governor to weaken unions. Read more
After initially working with local engineering firm Burns & McDonnell on an exclusive deal for a new, single-terminal plan for Kansas City International Airport, the city will open the project up to competition. Kansas City officials announced Tuesday that the city has issued a request for qualifications and proposals for firms interested in designing, building and privately financing a new terminal. Read more
Eight venture accelerators in the Kansas City area will receive a combined $840,000 of grants and sponsorship as part of the first KC Accelerator Challenge sponsored by the Ewing Marion Kauffman Foundation, the foundation announced Tuesday. The KC Accelerator Challenge, announced last fall, sought to give a funding boost to organizations that provide “critical mentoring, access to resources and services” to early-stage companies in the Kansas City area. Read more
Mallinckrodt is looking into the sale of its generic drug business, according to people familiar with the matter. The deal could bring the drugmaker $2 billion and move its focus to higher-margin branded pharmaceuticals. It would complete a strategic shift for Mallinckrodt, which has its U.S. headquarters in the St. Louis area. Read more
Missouri Attorney General Josh Hawley will appeal a court decision over campaign contribution limits, clashing with another prominent Missouri Republican in the process. The law firm of Todd Graves, the state’s GOP chairman, led a suit against Amendment 2, a ballot initiative approved by voters in November. Read more
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