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Business and Government


New platform adds $1B in assets to KC-based fintech firm Blooom

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… more

SelectQuote makes secondary stock offering of 10.6M shares

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… more

Missouri K-12 public schools to receive $123 million in funding

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… more

WeWork settles legal dispute with SoftBank

A lawsuit between American commercial real estate company WeWork and multinational conglomerate holding company SoftBank Group Corp. has been put to rest after the two reached a settlement on Friday. WeWork provides flexible shared workspaces for technology startups and services… more

Manufacturing activity growth emerging in Missouri, Kansas

For a ninth straight month, the Creighton University Mid-America Business Conditions Index, covering the nine-state region including Missouri and Kansas, moved into growth territory.        The Business Conditions Index, which ranges between 0 and 100, climbed to a very strong 69.6… more

Missouri releases over $280M in general revenue

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… more

House to vote on $1.9T COVID-19 relief bill today

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… more

Coping with COVID: Next tier of vaccinations to begin in Missouri mid-March with Phase 1B Tier 3 

With the start of March just days away, Missouri Gov. Mike Parson announced the state's intentions to begin Phase 1B Tier 3 of COVID-19 vaccinations on Monday, March 15. The move is expected to make an estimated 550,000 more Missourians… more

Restrictions ease for Jackson, Johnson, Wyandotte counties

Wyandotte, Johnson, and Jackson counties are removing closing time restrictions for bars, restaurants, and taverns. Both the Unified Government Public Health Department and the Jackson County Health Department issued new health orders reflecting this change. Johnson County amended an existing health order.… more

Kansas City Council approves limit on tax incentives

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… more