Missouri Minute: Galloway criticizes transportation development districts; legal fight continues over ‘right-to-work’

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

Auditor: Missouri’s taxing district law allows unethical practices, poor oversight

Transportation development taxing districts in Missouri are riddled with conflicts of interest and have no oversight to prevent self-dealing, state Auditor Nicole Galloway said Monday. Read more

Missouri right-to-work ballot proposal challenged in court

Supporters of Missouri’s new “right-to-work” law have filed another lawsuit seeking to scuttle an attempt by labor officials to put the issue before voters. In a suit filed Friday in Cole County, attorneys allege that wording for a proposed ballot initiative is riddled with “embarrassing” grammatical errors and is therefore unfair. The lawsuit is seeking that the summary statement approved last month by Republican Secretary of State Jay Ashcroft be replaced. Read more

Prominent Missouri Republicans ask Hawley to run for Senate in 2018

Several prominent Republicans signed an open letter urging newly-elected Missouri Attorney General Josh Hawley to run for United States Senate in 2018 — an apparent slight to U.S. Rep. Ann Wagner, the establishment Republican who was slow to get fully behind President Donald Trump’s campaign last year. The writers of the letter, signed by former U.S. Sen. John Danforth, former Lt. Gov. Peter Kinder and other prominent Missouri Republicans, said they fear “hyper-partisanship” in the Senate on the part of Democrats looking to oppose President Donald Trump’s agenda. Read more

St. Louis investment fund posts best return over last 12 months

St. Louis-based Towle Deep Value Fund posted the best return of any U.S. fund for the 12 months ended March 31, according to The Wall Street Journal. Its 48.55 percent return was more than 6 percentage points better than its nearest competitor, making it the champion of the Journal’s first quarterly Winners’ Contest of 2017. Read more

Chicken and waffles at the movies? AMC to upgrade concessions menu

AMC Theatres is overhauling its food options as part of a larger effort to keep patrons coming to theaters despite a growing number of home options. AMC Feature Fare, announced Monday, is billed as “the largest menu revamp in Company history.” New items include chicken and waffle sandwiches, stone-fired flatbread pizzas and a lineup of gluten-free snacks. Read more

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