Banking & Financial Services
One of the Kansas City area’s top public companies experienced a record boost in annual earnings during COVID-19 lockdowns in 2020. Garmin Ltd. total revenue climbed to an impressive high near $4.2 billion by the end of 2020, an 11…
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The acquisition of Waddell & Reed Financial Inc. in late 2020 is beginning to have a clearer impact after a Tuesday announcement confirmed the company will not be moving into a downtown Kansas City building intended to serve as Waddell’s…
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The second month of the year brought in $455.9 million in total tax collections for Kansas. This was above the estimate for February collections, and above that of the same time last year, in Fiscal Year 2020. Kansas' February total…
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Just two short months after launching a retirement calculation tool on its site, Leawood-based Blooom reports it has gained $1 billion in new assets. Founded in 2013, Blooom is an online Registered Investment Adviser that manages individual participant accounts and…
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This week, Overland Park-based insurance services company, SelectQuote Inc., has made a secondary offering from three of its shareholders as well as the company’s top private equity backer, Connecticut-based Brookside Equity Partners LLC. The secondary offering aims to sell 10.6…
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Previously held-back funding due to COVID-19 concerns was released in Missouri on Monday, March 1. The remainder of $438 million from the current state budget - around $281 million - was released on Monday, the majority of it to be…
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The U.S. House of Representatives continues the debate on Biden’s $1.9 trillion coronavirus aid bill on Friday. If approved, the measure would send a new round of emergency financial aid to households, small businesses and state and local governments. Democrats…
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On Monday, Missouri Gov. Mike Parson announced just short of $281 million in funding from previously restricted FY21 spending has been released. Approximately $280,783,940 is the remainder of approximately $438 million in FY21 spending that has been restricted, "to ensure…
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Within the next 120 days or less, a new ordinance approved by the full Kansas City Council on Thursday will limit the amount of incentives for area developers as well as the maximum term for property tax abatements. A unanimous…
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Evergy, Inc. has made an agreement which will add two new members to its Board of Directors as well as deliver $115 million with the sale of common shares. The Kansas City-based utility company reached a deal with activist investor…
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