Morning Minutes: Nixon delivers final State of the State, TierPoint continues acquisition spree

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

Nixon’s final State of the State looks back, urges action on ethics, education, LGBT rights

In delivering his final State of the State address on Wednesday night, Gov. Jay Nixon drew on experiences and celebrated progress from his first seven years in office while setting forth an agenda for the eighth. The Democrat called for action — and warned against the “perils of inaction” — on issues including ethics reform, economic growth, education and LGBT rights. Read more

TierPoint continues acquisition spree

TierPoint LLC, the Town and Country-based cloud services provider and data centers operator, will acquire data center services provider Cosentry. Read more

KC school board names new superintendent

The Kansas City school board announced Wednesday the unanimous selection of Mark T. Bedell as the new district superintendent. Read more

Peabody Energy could be next bankruptcy victim

Plummeting coal prices have pushed almost half the debt issued by U.S. coal companies into default, and for miners and their investors there’s no end in sight. In Missouri, Patriot Coal Corp. and Arch Coal Inc. have both filed for bankruptcy in the past year. Amid a struggling industry, investors are starting to wonder if Peabody Energy could be next. Read more

Jackson County union official admits to embezzlement

For the second time in two years, a president of the union that represents Jackson County corrections employees has admitted to embezzling money from the union. Read more

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