A Peek Around Finance


Kirkwood council addresses construction noise Kirkwood council addresses construction noise By Mary ShapiroSpecial to the Post-Dispatch KIRKWOOD — The City Council on Thursday debated legislation that would reduce the hours when construction noise is allowed on Fridays, Saturdays and Sundays. The legislation is in response to a resident's concern about the nuisance of construction noise on weekends. Construction is currently allowed in the city from 7 a.m. to 8 p.m. Mondays through Saturdays and 9 a.m. to 8 p.m. on Sundays. Council members are proposing that those hours be reduced on Fridays and Saturdays to 7 a.m. to 6 p.m. and on Sundays to 9 a.m. to 6 p.m. Council member Wallace Ward said the legislation doesn't go far enough. “We have had little, if any, fact finding on this legislation, which is a largely uninformed ordinance and a poor way to do government,” he said. He added that limiting construction times could result in those in some neighborhoods looking at a number of years of construction. “We didn't get input from homeowners in the community," Ward said. "There's been no opportunity for them to weigh in, and this law will affect those residents who work so that weekends are the only time they have" for home repair or improvement projects.  Ward proposed seasonal times for construction, such as moving the start time for construction to 7 a.m. in the summer, to avoid the heat of get redirected here the day, and 8 a.m. at other times. But Mayor Tim Griffin said, “The whole purpose of this legislation is a simple matter of weekends. Looking at that bigger issue requires more investigation.” Councilman Bob Sears said some homeowners click over here now are forced, by their work hours, to do construction and repair work during early or late hours on weekends. “These changes will impact and burden property owners from doing things they need to accomplish,” he said.


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Earlier this week, Bill Gates and Melinda French Gates announced their divorce. On that same day, Melinda Gates became a billionaire.  Cascade Investment, Bill Gate’s investment vehicle, transferred nearly $2.4 billion in securities to Melinda Gates on Monday. The next day his net worth dropped slightly, from $130.4 billion to $128.1 billion, according to Forbes . However, Bill Gates maintained his status as the fourth richest person in the world. He falls behind Jeff Bezos ($177 billion), Elon Musk ($157 billion) and Bernard Arnault and family ($150 billion). Melinda Gates received 2.94 million shares of AutoNation and 14.1 million shares of Canadian National Railway Co., according to Forbes. AutoNation is worth $309 million and Canadian National Railway Co. is worth an estimated $1.5 billion.  Melinda Gates also received 25.8 million shares of Mexico-based Coca-Cola Femsa — worth $120 million — and 155.4 million shares of Mexican broadcaster Grupo Televisa SA — worth $386 million. Two historic divorces: Bill and Melinda Gates and Jeff and MacKenzie Bezos Up until 2000, Bill was Microsoft’s CEO, and he later moved out of a daily role with the company in 2008. Until 2014, he served as chairman of the board and announced just last year he was stepping down to focus on philanthropy. In 2000, the couple founded  The Bill & Melinda Gates Foundation , a nonprofit organization that has spent more than $53 billion since its formation to target poverty and inequity worldwide, according to the foundation's website. Melinda Gates, who was a product manager at Microsoft, met Bill Gates at a business dinner in New York City. They were married in Hawaii in 1994. The couple’s divorce filings show they asked a judge in Washington state to divide their assets based on the terms of a separation contract, usually issued when spouses are living apart but have not yet divorced, according to Forbes. The terms of the contract weren’t disclosed. Follow Gabriela Miranda on Twitter: @itsgabbymiranda