Banking & Financial Services
Missouri Senator Roy Blunt on Thursday commended the U.S. Department of Agriculture’s announcement that it is investing an additional $91.5 million in grant funding through the ReConnect Pilot Program to expand rural broadband in Missouri. The Fiscal Year 2020 government funding bill,…
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In the latest Beige Book, overall economic activity continued to increase across all districts, with the pace of growth characterized as slight to modest in most districts. Changes in activity varied greatly by sector. Manufacturing activity generally increased at a…
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This week Congress members introduced a new bill called the Fair Access to Financial Services Act to the Senate Banking Committee. The bill seeks to outlaw discrimination against bank customers, supporters claiming that a loophole in federal law allows discrimination…
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On Tuesday, the Federal Housing Administration (FHA) announced it is extending the date for single family homeowners with FHA-insured mortgages to request an initial forbearance from their mortgage servicer to forbear their mortgage payments for up to six months. Homeowners…
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Blue Cross and Blue Shield of Kansas City (Blue KC), the region’s largest not-for-profit healthcare insurance provider, announced today it will invest in KCRise Fund II, which funds high-growth, early-stage technology companies in the Kansas City area. “Blue KC’s investment…
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Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million grant to the city of Moberly, Missouri, to make water and wastewater infrastructure improvements needed to support businesses growth. The…
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A new government lifeline designed to boost Johnson County entrepreneurs hit by the COVID-19 pandemic soon will offer a one-time $10,000 grant to qualified recipients. “Many of Johnson County’s small businesses have limited resources and access to capital during this unprecedented…
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By some demographers’ reckoning, the cohort of Americans between 20 and 29 years old is now almost evenly divided between Millennials and Generation Z. As the latter group continues to lay the cornerstones for careers, the late-stage Millennials are kicking…
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Longtime Kansas City resident and Head of Community Banking at U.S. Bank, Mark Jorgenson, announced plans to retire at the end of 2020. Jorgenson's announcement follows 39 years of work in banking including the last four years serving as Head…
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AMC Theatres said Tuesday ongoing challenges in the industry could leave it without cash as soon as the end of 2020. The Leawood-based company made the announcement in a filing Tuesday to the Securities and Exchange Commission. In the filing,…
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