Missouri Minute: Greitens announces $146M in cuts; Freeze on new rules could delay Missouri gambling expansion

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

Greitens announces $146 million in cuts; higher education takes biggest blow

Gov. Eric Greitens said Monday he will cut $146.4 million from the state budget because of lower-than-expected revenues and a poor state economy. More than half the cuts will come from the Department of Higher Education, which oversees the state’s public colleges and universities. Read more

Freeze on new rules could delay Missouri gambling expansion

A move by new Missouri Gov. Eric Greitens could affect what happens this year in the Missouri casino market. Greitens, a Republican sworn in last week, almost immediately issued an executive order that freezes new rules and regulations for businesses in the state. Affected are all state agencies, including the Missouri Gaming Commission, which makes and enforces rules governing the state’s 13 licensed casinos. Read more

Lobbyist gift ban up for Missouri House vote this week

The Missouri House has moved quickly on the latest effort to ban gifts from lobbyists, and it could send a proposal to the Senate this week. House members gave first-round approval Thursday to this year’s bill, which would ban gifts from lobbyists to elected officials, with a few exceptions such as flower arrangements and speaking fees. Read more

Ex-Peabody executive joins fight against company’s reorganization plan

Fred Palmer, former senior vice president of Peabody Energy, has joined the fight against the St. Louis-based coal company. Read more

Seminar for young professionals to share fast-track career tips

Kansas City entrepreneur Eze Redwood has grown tired of being invited to reprensent “young professionals” on panels where he hears complaints about his generation’s lack of commitment or loyalty. On Jan. 31, Redwood will hold the first Rise Fast Summit, a day-long professional development program aimed at workers in their 20s and 30s who want tips and mentoring to help them rise in their careers. Read more

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