Morning Minutes: State budget in Nixon’s hands, Comcast calls off Time Warner deal

Photos courtesy of Creative Commons
Photos courtesy of Creative Commons

Here are this morning’s top business stories from across Missouri:

Lawmakers send $26 billion budget to Nixon for approval

Missouri Lawmakers have passed all 13 bills of the state’s $26 billion budget for the fiscal year that starts July 1, sending the spending plan to Gov. Jay Nixon for approval.

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Comcast to cancel $45.2 billion Time Warner deal

More than a year after announcing plans for a $45.2 billion marriage between the two largest U.S. cable companies, Comcast Corp. is walking away from the altar on its planned purchase of Time Warner Cable Inc. Facing strong opposition from the U.S. Department of Justice, Comcast could announce as soon as today that it’s scrapping the deal, people with knowledge of the matter said.

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Uber, Kansas City reach deal to keep company in town

Two weeks after Uber threatened to stop operating in Kansas City over new regulations of the vehicle-for-hire industry, the company and City Council have reached an agreement that will keep the ride-sharing company in town.

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Activist Ameren investors fall short in push for more transparency

Ameren Corp. withstood a trio of challenges at its annual shareholder meeting Thursday from activist investors seeking more transparency regarding its lobbying activities.

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St. Louis construction apprenticeship part of White House summit

A White House conference today will feature conversation about a new St. Louis program that trains non-traditional workers through apprenticeship programs in construction, manufacturing and other trades.

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