Missouri Minute: Missouri unemployment drops to lowest rate since 2000; Core & Main acquires fourth company

Here are today’s top headlines from across Missouri:

Missouri unemployment drops to lowest rate since 2000

Missouri’s unemployment dipped slightly this month, hitting its lowest rate since 2000, according to a new report from the Missouri Department of Economic Development. Read more

Maryland Heights-based Core & Main buys fourth company in a year

Maryland Heights-based Core & Main closed this week on its acquisition of Denver-based Finish Line Systems, a water meter and readings systems distributor. That’s the fourth buyout this year for the St. Louis area company, which specializes in water, sewer and fire protection products. Read more

Peabody repurchases $300 million in stock, plans $1 billion total buyback

Peabody Energy Corp. executives announced Wednesday they intend to buy back $300 million worth of common stock from entities advised by Elliott Management, a New York City fund manager. The deal is part of Peabody’s $1 billion repurchase program. Read more

Missouri budget director says state finances looking strongest in years

Despite an income downturn in July, Missouri’s budget director Dan Haug said the state is entering the fiscal year in stronger financial shape than it’s seen in years. Read more

Branson duck boat survivor calls for ban

A woman who lost nine relatives to the July duck boat sinking near Branson announced she’s campaigning to get the vehicles banned. Tia Coleman, whose husband and three children died in the accident, unveiled her campaign Tuesday from her Indianapolis home. Read more

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