Morning Minutes: Earnings tax hearings underway, UM system begins presidential search

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

Push begins in Missouri Senate to eliminate earnings taxes in St. Louis and Kansas City

A Missouri Senate committee is weighing legislation that would eliminate the 1 percent earnings tax in both St. Louis and Kansas City, effective Dec. 31, 2017. Read more

UM curators prepare for presidential search

A committee of more than a dozen people from all four campuses of the University of Missouri will lead the search for a new president of the system. Read more

House passes first group of ethics bills

Just nine days after the start of the legislative session, the Missouri House has fast-tracked approval on four ethics bills and passed them on to the Senate. Read more

A-B InBev faces in-depth U.S. antitrust review on SABMiller deal

U.S. antitrust officials began an in-depth investigation of Anheuser-Busch InBev’s planned takeover of SABMiller, seeking additional information related to the deal. Read more

Missouri venture capital hits 15-year high, but concerns bubble up

Forty-three Missouri startups raised $257 million of venture capital in 2015, according to the National Venture Capital Association’s MoneyTree report. That’s the state’s largest venture capital haul since 2001, and it marks a significant increase over the annual average of $70 million raised between 2003 and 2013. Read more

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