gift

St. Louis businessman Fred Kummer makes $300M gift to university

The Kummers’ new gift will be used to establish a school of innovation and entrepreneurship

Missouri University of Science and Technology in Rolla has received a $300 million donation from a St. Louis businessman and his wife that’s the state’s largest-ever gift in higher education.

Fred Kummer, the founder and chairman of St. Louis-based HBE Corp., and his wife, June, made the gift to a new nonprofit, the Kummer Institute Foundation, to support Missouri S&T, the university announced Monday.

The Kummers’ new gift will be used to establish a school of innovation and entrepreneurship, develop new areas for research, provide scholarships and fellowships for students, and bolster the Rolla region’s economy, officials said.

Fred Kummer, 91, built HBE, which he started in 1960, into a leading design-build firm for health care, officials said. He graduated with a degree in civil engineering from Missouri S&T, then known as the Missouri School

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women

Nikola founder sues Utah businessman for defamation over tweets about women

Nikola founder Trevor Milton has sued a Utah businessman for defamation, accusing him of a “malicious campaign to harass” and discredit the billionaire by publicly accusing him over Twitter of sexually abusing women, according to the lawsuit filed Monday.

David Bateman, the founder and CEO of software company Entrata, started tweeting about Milton in late September, posting screenshots of conversations he allegedly had with women who said Milton tried to sexually assault them or propositioned them for sex with other men. In some cases, Bateman posted screenshots from women of conversations they had with Milton. One showed Milton allegedly offering to pay a woman $2,000 to “hook up” with a guy in Las Vegas if he could pick out the man. 

The nine-page lawsuit filed in Utah federal court says Bateman “engaged in a malicious campaign to harass and defame Mr. Milton, using Bateman’s Twitter account to publish a series

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