Business Briefing: St. Louis consumers sign petition in support of UberX

Almost 3,300 St. Louis-area residents have signed a petition to urge local regulators to allow ride-sharing businesses to operate in the city.

The Metropolitan Taxicab Commission is currently discussing whether to allow UberX, an app-based ride-sharing service, to enter the St. Louis market, which remains the largest metropolitan area in the country yet to permit UberX to operate.

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The third-quarter report for Monsanto Co. was better than anticipated. Shares rose to $2.39, compared with $1.62 the year before. Read more here.

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Dutch retailer Royal Ahold NV will merge with Belgian competitor Delhaize Group. Learn more here.

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Ikea is raising the minimum wage for its U.S. workers by $1.11, or 10 percent, to $11.87, or $4.62 above the current federal wage rate. Find out more here.

-Will Buss, BND business writer

This story was originally published June 24, 2015 at 9:14 AM with the headline "Business Briefing: St. Louis consumers sign petition in support of UberX."