Missouri Minute: Centene jumps into KC’s ACA marketplace; Boeing to restructure defense department

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

Centene jumps into ACA market in Missouri, Kansas

Clayton-based Centene announced Tuesday that it would sell 2018 individual and small group health plans in Kansas and Missouri through the Affordable Care Act, commonly called Obamacare. Although Centene has not disclosed the counties in which it will sell plans, the insurer’s decision potentially fills the hole created when Blue Cross and Blue Shield of Kansas City announced it was pulling out of the ACA exchanges. Read more

Boeing to restructure its defense and space unit

Boeing Co. said on Tuesday it would restructure its Defense, Space & Security unit and cut about 50 jobs this year, as the company looks to make the business more agile. The business, which accounted for nearly a third of the company’s total revenue in 2016, will be divided into seven units, instead of its current five, effective July 1, with all reporting to BDS Chief Executive Leanne Caret. Read more

China approves two new GMO crop varieties for import, including Monsanto’s Vistive Gold soybean

China approved two new varieties of genetically modified (GMO) crops for import from June 12, after the world’s top buyer of GMO soybeans pledged to speed up a review of biotech products as part of a recent trade deal with the United States. The new GMO varieties are Dow AgroSciences’ Enlist corn and Monsanto’s Vistive Gold soybean. Read more

Unions continue fight to get ‘right-to-work’ law in front of voters

A coalition of labor groups is using a provision in Missouri law designed to delay “right-to-work” legislation from being implemented for at least a year. The group, which includes labor organizations such as the AFL-CIO and the Teamsters, has a referendum petition approved for circulation to acquire the necessary signatures for the issue to be placed before voters. Read more

Food hall trend bubbling up in KC, St. Louis

Chefs and restauranteurs in Missouri are turning to a dining model that has proven popular in other markets as they look to open food halls in Kansas City and St. Louis. Read more

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