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Business and Government

AMC to sell 50 million more shares, avoid bankruptcy filing

Leawood-based AMC Entertainment Holdings Inc. plans to sell up to 50 million more shares as it tries to prevent a bankruptcy filing. The movie theater chain said in a filing to the Securities and Exchange Commission that it plans to offer… more

New year marks minimum wage raise in Missouri

Beginning New Year's Day, Missouri's minimum wage increased to $10.30 per hour, a rise of 85 cents. According to the Missouri Department of Labor, the 85 cent raise only applies to employees working for a private business and there's an additional… more

Missouri-based Centene acquires healthcare company for $2.2B

Centene will buy Magellan for $95 per share in a cash deal that values the Phoenix-based behavioral health provider at $2.2 billion.  The deal is expected to be completed in the second half of 2021. It will make Centene one… more

Coping with COVID: FDA to potentially begin delivering half-doses of Moderna COVID-19 vaccine

The FDA is meeting this week to consider giving half-doses of Moderna's COVID-19 vaccine to people ages 18 to 55. The head of Operation Warp Speed says clinical data shows the vaccine can be just as effective at half-doses in… more

Main Street Lending Program expiration extended

The Main Street Lending Program - utilized by small and medium-sized businesses in the U.S. – has granted an extension on its expiration date. The termination date on its facilities was pushed back, a decision made by the Board of… more

New Kansas Energy Assistance Program to begin next week

A new energy assistance program in Kansas aimed at keeping low-income households heated this winter will open applications starting next week. Kansas Gov. Laura Kelly said the new program from the Kansas Department of Children and Families (DCF) will help… more

Missouri childcare providers, facilities receive $46 million

Child care facilities will be able to get more help from the state as the Covid-19 pandemic continues to affect Missouri families. On Wednesday, Missouri Gov. Mike Parson announced $46 million in childcare funding that’ll help providers support the needs of… more

Coping with COVID: Missouri expects to deliver final rounds of initial vaccine doses by mid-January

In the first few weeks of COVID-19 vaccine distribution in Missouri, more than 66,000 frontline health care workers and long-term care facility residents and staff have received an initial dose, according to Gov. Mike Parson. In December, the state received… more

Missouri-based Centene acquires national pharmacy

St. Louis-based Centene Corp. has completed a deal for national specialty pharmacy PANTHERx, which specializes in treating rare diseases and is based in Pittsburgh. Terms of the deal were not disclosed, but Centene President and CEO Michael Neidorff said the deal will… more

PPP eligibility and next steps

With more funding on the way, many businesses may be unsure of their eligibility and the required steps to apply. Approved last week by the House and signed by President Trump on Sunday, the newest COVID-19 relief bill authorizes about… more