Morning Minutes: Rams headed back to LA, Obama gives final State of the Union address

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

NFL owners approve Rams’ return to LA market

National Football League owners voted on Tuesday to let Rams owner Stan Kroenke move his team from St. Louis to the Los Angeles area. Read more

Obama’s final State of the Union looks back, seeks to set 2016 tone

Delivering the final State of the Union address of his presidency on Tuesday night, President Barack Obama called for Americans to maintain an optimistic outlook for the future rather than let the cynicism of an election year put progress at risk. Read more

Arch Coal receives broad lender support for bankruptcy plan

Bankrupt coal miner Arch Coal has broad support from senior lenders for a plan to cut $4.5 billion of debt, lawyers said in court on Tuesday, and urged any unhappy creditors to join negotiations. Read more

Missouri insurance regulator bans ‘price optimization’

Insurance companies in Missouri can’t raise a consumer’s premiums just because they think the person will pay it, says the Missouri Department of Insurance. Read more

USDA grains report catches speculators leaning the wrong way

Speculators who had built massive short positions in recent months were caught leaning the wrong way after the U.S. Department of Agriculture cut its corn and soy harvest and wheat planting estimates, in reports released on Tuesday. Read more

Upcoming Events

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students