Morning Minutes: Wolfe criticizes school, officials in confidential note, Lobbyist gift ban passes in House

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

Former UM president Wolfe blames school and state officials in confidential note

In a letter to a group of prominent supporters, former University of Missouri System President Tim Wolfe criticized several high-ranking university and state officials for “unconscionable behaviors” that led to his resignation in November. Read more


Lobbyist gift ban passes in the House

A bill sponsored by Rep. Justin Alferman, R-Hermann, to ban lobbyist gifts passed in the Missouri House by a 147-12 vote and will head to the Senate. Read more


Fed voices concern over global economic pressures

The Federal Reserve voiced concern Wednesday about how global pressures could affect a slowing U.S. economy, while keeping a key interest rate unchanged. Read more


Auditor finds low compliance with new municipal reform law in St. Louis area

Only a third of St. Louis area governments complied with new financial reporting requirement contained in last year’s massive municipal court reform legislation and only half submitted annual financial reports showing breakdown of court revenue, Missouri Auditor Nicole Galloway reported Wednesday. Read more


U.S. Steel execs call Granite City mill closure ‘temporary’

In a conference call with analysts, top officials for U.S. Steel Corp. say the company is recovering the $99 million cost of closing its mill in Granite City by running three other mills at higher capacity and that the closing of the mill is temporary. Read more


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