Business and Government

Wyandotte County Grants Tax Incentives and Bonds To Homefield Development

Posted September 19, 2023 The Unified Government of Wyandotte County Board of Commissioners has approved plans for a Community Improvement District within the Homefield project and with it comes a range of new tax incentives for the development site. The… more

Goldman Sachs Group Inc. Cuts U.S. Recession Chances to 15 Percent

Posted September 14, 2023 Goldman Sachs Group Inc. reports that the U.S. chances of slipping into recession are now at 15 percent, down from its previous estimates. The decreased prediction comes following a cooling in inflation in recent months, furthermore,… more

Sen. Josh Hawley Proposes Bill to Combat Credit Card Interest Rates

Posted September 14, 2023 A new legislation from Senator Josh Hawley (R-Mo.) was introduced on Tuesday in an effort to cap credit card interest rates in the wake of climbing consumer credit card debt. The bill, Capping Credit Card Interest… more

American Century Begins Private Investing Services Following Acquisition

Posted September 11, 2023 Kansas City-based American Century Investments' acquisition with Portland, Oregon-based 3x5 Partners has been finalized and with it comes American Century’s entry into private markets. American Century announced in June that it would acquire 3x5 Partners as… more

Auto Distributor Relocates To Hunt Midwest’s Heartland Logistics Park

Posted Septerber 5, 2023 Hunt Midwest’s Heartland Logistics Park gains another tenet as Standard Motor Products, Inc. will open a new national distribution center at the Shawnee location. Standard Motor Products will lease the 574,732-square-foot, Class A cross-dock facility in… more

KC Sports Commission, Visit KC Will Work Under One Roof in Downtown KC

Posted September 5, 2023 Two nonprofit organizations, the Greater Kansas City Sports Commission & Foundation and Visit KC, announced Friday both entities would begin occupying the same building in Downtown. The building, formerly known as the Town Pavilion, located at… more

PayIt Is Now The Statewide Vendor For Massachusetts Commonwealth

Posted August 31, 2023 Kansas City-based PayIt LLC announced Wednesday it will be adding its digital payment services to Massachusetts. PayIt specializes in software that allows residents to submit forms digitally to local, county and state governments. Massachusetts residents can… more

TreviPay Develops Cross-Currency B2B Payment System

Posted August 24, 2023 TreviPay has added a new capability to its business-to-business payment platform for merchants around the world allowing sales between different currencies. TreviPay, headquartered in Overland Park, operates in 32 countries and 20 currencies and now can… more

Justice Department Enforcement Action Combats $836M In Alleged COVID-19 Fraud

Posted August 24, 2023 The Justice Department announced Wednesday the results of a coordinated, nationwide enforcement action to combat coronavirus aid fraud, including 718 enforcement actions and over $836 million in alleged COVID-19 fraud. The coordinated law enforcement action occurred… more

Commerce Bank Downgraded For Financial Risks

Posted August 10, 2023 Kansas City-based Commerce Bank, which has nearly 50 branch locations in the Kansas City, Lawrence, and St. Joseph area, is among 10 small-to-mid-sized banks whose credit ratings were downgraded by Moody’s. In a recent report from… more