Missouri Minute: Pay raises recommended for Missouri elected officials; Buying T-Mobile would cost Sprint $93.4 billion

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

Pay raises recommended for Missouri elected officials

A citizen panel is recommending raises for Missouri elected officials, though the Republican House speaker said it’s not likely to be popular with lawmakers — even though they would benefit. Statewide elected officials are “substantially underpaid for the responsibilities required” and should see 8 percent raises during fiscal years 2018 and 2019, according to a report released this month by the Citizens’ Commission on Compensation for Elected Officials. Read more

Analyst: Buying T-Mobile would cost Sprint $93.4 billion

Amid renewed speculation about Sprint’s interest in bidding for rival T-Mobile US, one analyst has floated a potential price tag for the deal: $93.4 billion. Sprint’s original pursuit of T-Mobile was shot down by the Obama administration. Now that Donald Trump is president-elect, however, speculation about a deal is swirling again. Read more

Lambert, KCI rank near bottom of airport satisfaction survey

Missouri’s two largest airports were among the bottom quarter of 33 medium-sized American airports ranked in a new traveler satisfaction rating from J.D. Power. Read more

Enterprise Holdings invests in St. Louis software company Coolfire

Clayton Venture Group, the venture capital arm of Clayton-based Enterprise Holdings, has invested in Coolfire Solutions, a St. Louis-based company that makes “situational awareness” software. Read more

Columbia Kraft Heinz factory gets tax abatement, plans to keep 300 jobs

The Columbia Kraft Heinz hot dog production plant will soon have new machinery and equipment that will boost the plant’s production, but cut the number of people who work there. Read more

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