Banking & Financial Services
Kansas City-headquartered Waddell & Reed Financial Inc. has been acquired, soon to begin the merge with global financial services company, Macquarie Group. An sale agreement worth a lofty $1.7 billion was made with Macquarie Asset Management, Macquarie Group out of…
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While November tax collections again exceeded estimations, Governor Laura Kelly said that without federal support, future revenue growth – and our state’s ability to mitigate the spread of the COVID-19 pandemic – may be compromised. The State of Kansas saw…
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As part of the Unified Government’s (UG) CARES Act request, the UG Commission recently approved $825,000 to support the Economic Development Department’s WYCO Loves Local Small Business grants. The WYCO Loves Local initiative was created to encourage continued growth and…
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Applications have opened for Kansas communities looking for growth opportunities provided through the Kansas Main Street Program. The Main Street program is designed to develop and strengthen downtown corridors, especially in rural communities. The program will be accepting applications for…
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The Economic Development Corporation of Kansas City (EDCKC) is distributing small business grants in Clay County through the end of November. Applications are open to businesses negatively impacted by COVID-19. This is the third phase of CARES Act funding, two…
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Kansas Gov. Laura Kelly announced $38.5 million in CARES Act funding for small businesses and to slow the spread of COVID-19 on Friday. The funding was approved by the State Finance Council. Of the total, $20 million will be available…
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This month, the overall Rural Mainstreet Index (RMI) witnessed a drop – the first in months since April 2020. A Thursday report released by Creighton University’s Heider College of Business broke down the report for each of the 10 states…
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The Missouri Department of Commerce and Insurance is recommending a 1.0 percent increase in workers’ compensation insurance loss costs for 2021. This marks the first time in six years that average workers’ compensation rates will increase. This slight increase is…
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Without pinpointing a specific reason why, Kansas officials on Monday implied funding has run dry for small businesses that have applied for grants, and that many will continue without aid unless the state receives more federal funding. A continued rise…
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Headquartered in St. Louis with operations in the Kansas City metro and beyond, Enterprise Bank & Trust’s holding company, Enterprise Financial Services Corp, has officially completed its merger with Enterprise made the announcement Thursday. The merger adds approximately $1.3 billion…
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