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Missouri Treasurer Clint Zweifel's campaign to return property to its rightful owner is breaking records.

Zweifel's office has returned nearly $40 million in fiscal year 2013. Compare that to around $38 million last year. Zweifel says there is still room for improvement in the program. There is still over $230 million in unclaimed property for the St. Louis region.

You can check to see if you have unclaimed property at showmemoney.com.

 

Tuesday, 02 July 2013 13:19
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Troubled homeowners could be getting some help as soon as next week.

Borrowers who are at least 90 days behind on their mortgage and have loans backed by Fannie Mae and Freddie Mac will start receiving offers from lenders to lower payments. This is part of an effort called the "Streamlined Modification Initiative". The exact number of homeowners who will receive offers is not known.

A couple of other restrictions on eligible loans; owners cannot be more than 24 months behind and the loan has to be at least a year old.

 

Tuesday, 02 July 2013 13:18
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The Saint Louis Art Museum is going to remain closed for the rest of the day due to a power outage.

The outage started just before 9 AM. Just a few visitors were in the museum when the power went out. It is not known what caused the outage. The museum is set to open tomorrow at 10 AM.

 

Tuesday, 02 July 2013 13:15
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JEFFERSON CITY, Mo. (AP) - Missouri House Speaker Tim Jones has appointed a 50-member task force to study potential changes to the Medicaid health care program for the poor.

 

   The panel is made up of 14 lawmakers and 36 private citizens, including many who are doctors, hospital officials or otherwise involved in health care. But the panel also includes one person identified as a Medicaid recipient.

 

   The large task force is to gather public testimony and research about Medicaid changes. A separate committee of 21 lawmakers then will take that information and craft legislation for the 2014 session.

 

   Missouri's Republican-led Legislature rejected a plan earlier this year by Democratic Gov. Jay Nixon to expand Medicaid eligibility in accordance with the new federal health care law.

 
Tuesday, 02 July 2013 11:07
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CHICAGO (AP) - Gov. Pat Quinn is changing legislation allowing the carrying of concealed guns to cap the number of firearms and ammunition that can be carried and to ban guns from any establishment where alcohol is served.

   The Democratic governor is using his amendatory veto power to tweak the legislation sent to him after months of debate and negotiation over the measure.

   A federal appeals court ruled in December that it was unconstitutional for Illinois to ban the public possession of concealed firearms and gave it until July 9 to comply.

 

   Quinn says he never agreed with the court's ruling and the bill lawmakers sent him is flawed and needs changes.

 

   The legislation permits qualified gun owners who pass background checks and undergo 16 hours of training to get permits for $150.

 
Tuesday, 02 July 2013 11:03
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ConAgra Foods, which acquired St. Louis-based food maker Ralcorp earlier this year, says it will now be shedding 50 employees in St. Louis. Back in March, ConAgra said it was planning to keep Ralcorp's downtown office and their 500 employees. But just a few days ago, the company filed a federally-mandated mass layoff notice with the state. Those layoffs will take place before the end of July. Some of the major ConAgra brands include Healthy Choice, Orville Redenbacher, and Slim Jim. ConAgra acquired Ralcorp for $6.8 billion in January.

Tuesday, 02 July 2013 11:00
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   Demolition of the long-neglected Cupples building is expected to get underway this week.  

   The seven-story building at 11th and Spruce was condemned in 2008 over fears it would collapse.  

   The last attempt to revitalize it died last week when the City of St. Louis and Vertical Realty Advisors couldn't come to terms on a $40 million plan to save the building.  

   Spirtas Wrecking Company will spend the next three months tearing it down.  Spirtas crews plan to salvage much of the building's red brick and some of the heavy-timber frame.

Tuesday, 02 July 2013 04:25
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   The number of companies owning St. Louis television stations is about decline again.  

   Chicago-based Tribune Company, which already owns KPLR TV (Channel 11) in St. Louis, is buying 19 stations from Local TV Holdings LLC, including KTVI (Channel 2).  

   The $2.73 billion  deal is set to close by the end of the year, and will make Tribune the largest commercial TV station owner in the country.

    The deal comes just weeks after the parent of KSDK (Channel 5) announced it was buying the parent of KMOV (Channel 4).

Tuesday, 02 July 2013 04:18
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   Ellisville Mayor Adam Paul will stay in office after his temporary reinstatement was made permanent Monday.  

   During impeachment proceedings in April, Paul had been brought up on several charges, including trying to dodge a subpoena.   St. Louis County Circuit Judge David Lee Vincent has ruled that because the council added the subpoena charge at the last minute, Paul had no time to prepare a defense. "The City Council violated Paul’s procedural due process rights..." the judge wrote.

   Paul had been elected in 2012 after campaigning against tax increment financing for a shopping center project that includes a new Walmart store.

Tuesday, 02 July 2013 04:13
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   Normandy School District officials will meet with parents Tuesday to answer their questions after announcing that the unaccredited district will pay to bus students to schools in the Francis Howell District in St. Charles beginning this fall.  

   The announcement comes on the heels of a Supreme Court ruling allowing students attending unaccredited districts to transfer to high performing schools.  

   All Normandy students in grades K-12 can participate in the transfer program at the district's expense.  Parents can begin the transfer process July 9th at Normandy School District headquarters.  

  Tuesday's meeting with parents begins at 3 p.m. at the Normandy District offices.

Tuesday, 02 July 2013 04:07
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