Morning Minutes: August 12

Answers acquired three companies in 2013 and was expected to be ready for an IPO by late 2014. | Photo by Michael Stacy
Answers will keep its headquarters in St. Louis after being acquired by a New York-based private equity group. | Michael Stacy/Missouri Business Alert

Ferguson riots fallout could shake fragile economic progress

Businesses in Ferguson grappled Monday with the aftermath of weekend rioting and looting that left a path of destruction in the St. Louis suburb.

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Answers to be acquired in private equity deal

Apax Partners, a New York-based private equity firm, announced an agreement to acquire Answers Corporation, the parent company of

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New Sprint CEO Claure briefs employees, plans ‘town hall’

Claure said in a letter to employees that he will hold a company-wide “town hall” on Thursday “to share my thoughts and vision for making Sprint the wireless carrier of choice.”

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EPA seeks local government, business input on emission reduction

The Environmental Protection Agency hopes to collaborate with state and local governments and business groups as it develops policies to reduce greenhouse gas emissions, the EPA’s Region 7 administrator said Monday.

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Mayors gather to discuss growing urban disparity

The mayors of more than 30 major U.S. cities, including Kansas City Mayor Sly James, gathered in New York on Monday to tackle the issue of a widening income gap between the rich and the poor in U.S. cities.

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