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Business and Government


Metro tech startup receives $41M capital infusion

Overland Park-based Replica experienced explosive revenue growth last year, and now it’s generating another win: raising $41 million in Series B funding.  San Francisco-based venture capital firm Founders Fund led the round and was joined by existing investors such as… more

Preliminary plan filed for River Market high-rise

Maxus Properties has filed a preliminary plan for multifamily project Defeo. Plans set projected costs at $56.8 million for the 11-story River Market high-rise Oak and Third streets. A preliminary plan filed Friday indicates that the development will house 226 apartments… more

Proposed Missouri transportation bill expected to reel in estimated $460M per year through 2025

[caption id="attachment_34218" align="alignleft" width="438"] Missouri Department of Transportation graphic[/caption] A broad coalition of transportation stakeholders, including the Missouri Chamber of Commerce and Industry and the Missouri AFL-CIO, have released a new study analyzing the economic impacts of a proposed transportation… more

SBA prepares to launch $28.6B Restaurant Revitalization Fund

A launch is set to take place in the near future of the Restaurant Revitalization Fund through the Small Business Administration (SBA).  Its upcoming start follows closely behind the rollout of the Shuttered Venue Operators Grant program (SVOG), which has… more

Williams steps down as Missouri health director

Missouri’s health director resigned Tuesday amid the state’s coronavirus vaccine rollout, Republican Gov. Mike Parson announced. Department of Health and Senior Services Director Dr. Randall Williams was appointed to the job in 2017 by Parson’s predecessor, former GOP Gov. Eric… more

New bidder raises offer on KC Southern

Kansas City Southern has been offered another bid, this time from Canadian National Railway with a cash-and-stock offer valued at $33.7 billion. The offer amount outdoes competing bidder Canadian Pacific's cash-and-stock proposal of $25 billion. Any deal would capitalize on… more

Missouri infrastructure scores low in White House report

 A new report from the White House shows that Missouri  received a grade of C- when it came to infrastructure. The report found Missouri has 2,190 bridges and more than 7,500 miles of highway in poor condition. By releasing state-by-state data, Biden’s… more

Coping with COVID: Kansas surpasses 1 million mark in number of residents with COVID vaccine

Kansas has crossed the threshold of vaccinating more than 1 million people as a third highly contagious variant is detected in the state. That means 35% of the state’s 2.9 million residents have received at least one shot, according to… more

KC health department to use only Pfizer, Moderna vaccines

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Missouri jobless rate improves in March from February losses

Missouri non-farm payroll employment recovered strongly in March 2021 after a loss in February, and the seasonally adjusted unemployment rate decreased by a tenth of a percentage point. Employment, seasonally adjusted, increased by 15,400 jobs over the month. The state’s… more