Business and Government
Posted August 9, 2023 Smithfield Foods Inc. will close operations and lay off more than 90 workers in northwestern Missouri later this fall, according to the state's Worker Adjustment and Retraining Notification Act, the pork processor announced this week. Smithfield…
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Posted August 3, 2023 Weeks before releasing the draft Merger Guidelines on July 19, the Federal Trade Commission (FTC) and Department of Justice announced an overhaul of the premerger notification process under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 –…
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Posted July 27, 2023 The Federal Reserve announced Wednesday it will increase interest rates to 5.5 percent, a high rate not seen in 22 years. All members of the Federal Open Market Committee voted to raise the interest rate range…
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Posted July 27, 2023 The U.S. economy’s gross domestic product increased at a 2.4 percent annualized rate for the second quarter, according to the Commerce Department. The department reported Thursday the recent rate while economy experts from Dow Jones expected…
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Dr. DeAngela Burns-Wallace, a Kansas City native and former cabinet member for Kansas Gov. Laura Kelly, has been named as the next CEO of the Ewing M. Kauffman Foundation. Burns-Wallace, who has worked in business, public-sector and higher education roles,…
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Posted July 14, 2023 Kansas Attorney General Kris Kobach co-lead a 13-state coalition, including Missouri Attorney General Andrew Bailey, urging Fortune 100 companies to terminate all racially discriminatory employment and contracting practices or be faced with legal consequences. This message…
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The only Kansas City entrant to appear on this year's Fortune 500 goes to Merriam-based Seaboard Corp (SEB). The company placed in the No. 364 spot on the list of rankings. Seaboard holds more than 12,000 employees and brings in…
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Leaders from Kansas and Missouri gathered to make a major announcement at Arrowhead Stadium on Thursday concerning the upcoming 2026 World Cup. The announcement was presented by Kansas City Sports Commission's Kathy Nelson in the formation of a new non-profit…
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The Federal Reserve Bank's latest update of the so-called Beige Book reports that total economic activity across the 10th District, based in Kansas City, declined slightly in March and April. The good news? Almost every business contact surveyed for the…
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Gov. Laura Kelly and Lt. Gov. David Toland flanked Kazuo Tadanobu, president and CEO of Panasonic Energy of North America, and other dignitaries as the dirt began to fly on the battery-plant construction site. Public officials, local dignitaries, economic-development…
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