Business and Government
Gov. Laura Kelly confirmed that Kansas has landed the Big One: Panasonic's $4 billion manufacturing plant that will produce batteries for electric vehicles. Her office confirmed a report in Nikkei Asia that Kansas had edged out Oklahoma in the fierce…
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Meta Platforms, the company most everyone on the planet still knows as Facebook, announced today that it would spend $800 million to occupy nearly 1 million square feet of space in a Northland data-center complex. Company officials, along with state…
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Kansas adult-care facilities now are required to test staff and patients for COVID-19. Gov. Laura Kelly on Friday directed Dr. Lee Norman, Kansas Department of Health and Environment secretary, to issue a health order for the testing. “We have a…
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The Ohio-based majority owner of Town Center Plaza and Town Center Crossing mall properties has filed for Chapter 11 bankruptcy protection. Washington Prime Group, a real estate investment trust that owns about 100 malls nationwide, is in forbearance on a $23.2…
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The Missouri Department of Economic Development it will be spreading $15.8 million across 38 different community development projects across the state. The focus is to improve infrastructure such as damaged streets and drainage improvements, but the projects vary across the…
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Why has little attention been given to the rather sudden 3% exchange pullback for the dollar (versus the utilized basket of currencies)? During the past 12 months the cumulative dollar value drop has been over 10%! Currency exchange rates are…
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This past week the financial media highlighted one guru after another calling for a market correction to the tune of anywhere from 5% to 20%! They cited “peak earnings” comparisons, rising inflation data, and the inevitability of the Fed having…
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A large portion of Kansas residents expecting federal unemployment benefits originally meant for the self-employed have been moved to other unemployment programs as the labor department works to reduce a backlog. The Kansas Department of Labor (KDOL) announced changes in…
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