Morning Minutes: A-B InBev gets extension on SABMiller offer, Financial services bill passes House

Photos courtesy of (clockwise from top left) Business Day, Wikimedia Commons, and Creative Commons
Photos courtesy of (clockwise from top left) Business Day, Wikimedia Commons, and Creative Commons

Here are today’s top business headlines from across Missouri:

A-B InBev gets extension for making formal offer for SABMiller

Regulators in the U.K. have granted Anheuser-Busch InBev another week to make a formal bid for fellow brewer SABMiller. Read more

Manufacturer’s future in question as company announces 351 layoffs

EC Manufacturing, which makes electrical components, has filed notice that it is laying off 351 workers at a Shawnee, Kan., facility it opened in 2013. Read more

Wagner’s financial services bill passes House

On Tuesday, the House passed a controversial measure sponsored by Rep. Ann Wagner, R-Ballwin, that would prohibit the Department of Labor from tightening rules on financial advisers before the Securities and Exchange Commission acts. Read more

Coal companies’ shares, earnings hammered in 3Q

Tumbling shares and reported earnings losses during the third quarter are offering little hope for the struggling coal industry, and pressure continues to mount on the weak sector. Read more

Rams fans direct anger at Kroenke during public meeting on team’s future

On Tuesday night, the NFL held a public meeting for Rams fans to sound off on the team’s potential relocation to the Los Angeles area, a required step before a team can consider moving to another market. Read more

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