
Missouri Business Alert
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Your source for Missouri’s top business news. Subscribe to our email newsletter: https://t.co/rhVnUBimT5
Missouri
Joined February 2012
For the first time since 1967, public television and radio stations across the nation will not receive any federal funding. Several Missouri stations have been preparing for reductions since May. Story via our partner @CoMissourian
missouribusinessalert.com
Missouri’s public media faces major cuts after loss of $1.1B in federal funding.
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Architecture firm Cordogan, Clark & Associates proposed closing 37 of the 68 public schools in St. Louis, citing declining enrollment and the high cost of repairs to aging buildings as the main reasons. Story via @stlpublicradio
missouribusinessalert.com
St. Louis Public Schools could close more than half of its buildings prior to the 2026-27 school year, according to a new proposal.
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In today's Missouri Minute:.- New report projects $3.4 trillion deficit increase from tax law.- Microsoft hack compromises 100 organizations.- Cannabis regulators face backlog
missouribusinessalert.com
Tuesday's top business headlines
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Experts fear that President Donald Trump’s $50 billion won't be enough to stop rural hospitals and clinics from being gutted, which see an outsize share of patients who are insured through Medicaid. Story via @stateline_news
missouribusinessalert.com
Experts, hospital leaders and lawmakers fear that President Donald Trump’s signature legislation will particularly gut rural hospitals and clinics.
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Brightli, a Springfield-based owner of behavioral health providers across the Midwest, plans to merge with Tennessee-based Centerstone. If approved, the merger would create the largest nonprofit behavioral health network in the U.S. Story by @thebeaconKC
missouribusinessalert.com
The merger between Springfield-based Brightli and Tennessee-based Centerstone, if approved, would create the largest behavioral health network in the country.
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In today's Missouri Minute:.- New postmaster general has no plans to privatize USPS.- Centene requests sharp premium increases for ACA plans.- Ameren gets state approval to hike gas rates
missouribusinessalert.com
Good morning, MBA readers,
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Regular energy consumers will bear the brunt of the $9 billion increase in costs from a boom in artificial intelligence that's caused growth in data centers and a surge in power usage, according to a report by PJM Interconnection's Monitoring Analytics.
missouribusinessalert.com
Training a single AI chatbot uses the same amount of power it would cost to run 100 homes over the course of a year.
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The “Out of Reach: The High Cost of Housing” report shows that on the national level, a tenant needs to earn about $28 an hour to afford a modest one-bedroom rental. Story via @NPRMidwestNews
missouribusinessalert.com
A person would need to make more $28 or more to afford housing in a one bed room rental.
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Missouri lawmakers are under pressure to address issues resulting in higher property tax bills across the state. The rapid increase in home values is one of the biggest.
missouribusinessalert.com
Assessments must be based on current real estate values, so lawmakers are under pressure to fix the property tax before another lawsuit hits.
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On July 10, Governor Mike Kehoe signed into law a bill that cuts the tax rate on menstrual products and diapers by almost three-quarters – from 4.225% to 1.225%. Story via our partner @KBIA
missouribusinessalert.com
The law cuts the tax by almost three-quarters, which advocates say will help Missouri women and children.
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In today's Missouri Minute:.- US House sends cryptocurrency bill to Trump.- Springfield mental health provider to merge.- New law eliminates state's "tampon tax"
missouribusinessalert.com
Friday's top business headlines
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Committee Chair Tim Taylor, R-Bunceton, the head of an interim Missouri House committee aimed at property tax reform says it’s highly unlikely the panel would finish its work before a potential special session in September. Story via @stlpublicradio
missouribusinessalert.com
A special House committee met on Wednesday to hear testimony about and discuss potential property tax reforms.
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MU Health Care and Anthem Blue Cross Blue Shield reached a deal Tuesday that restores in-network access immediately for more than 90,000 patients in central Missouri, retroactively effective April 1. Story via our partner @CoMissourian
missouribusinessalert.com
The new agreement restores in-network care to 90,000+ patients across mid-Missouri.
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Shaman Botanicals LLC, a leading supplier of a substance called 7-OH, is illegally marketing pills that have opioid-like effects and could face possible action, the U.S. Food and Drug Administration wrote in a warning letter sent Tuesday.
missouribusinessalert.com
Shaman Botanicals LLC is a leading supplier of a substance called 7-OH being sold in pill form and as an ingredient in drinks.
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In today's Missouri Minute:.- USPS moves stoke rural concern.- Local officials urge caution with property tax changes.- Lux Living execs seek dismissal of charges
missouribusinessalert.com
Thursday's top business news
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