Business and Government


Kansas City Southern rejects bid

Class I railway operator Kansas City Southern has rejected a bid from private equity investors Blackstone Group Inc and Global Infrastructure Partners, according to a Wednesday report from The Wall Street Journal. With a market capitalization estimated to be over… more

Kansas City-based BacklotCars to be sold in multi-million dollar deal

Young, yet well-established BacklotCars has been acquired by KAR Auction Services in a deal worth $425 million. Headquartered in Kansas City, Mo., BacklotCars began serving dealers in 2015 through its app and web-based dealer-to-dealer wholesale platform. In its short five… more

Missouri broadband program opens second wave of applications

Applications for Missouri’s second round of the Emergency Broadband Investment Program have opened, according to a Tuesday news release from the Department of Economic Development. The investment program is said to be open to provide $2 million in funding to… more

Coping with COVID: AstraZeneca COVID-19 vaccine study paused after one illness

AP – Late-stage studies of AstraZeneca’s COVID-19 vaccine candidate are on temporary hold while the company investigates whether a recipient’s “potentially unexplained” illness is a side effect of the shot. In a statement issued Tuesday evening, the company said its,… more

Kansans to receive $63 million in FEMA unemployment

On Tuesday, Kansas Gov. Laura Kelly announced the state’s application for FEMA grant funding has been approved. Funding for FEMA Lost Wages Assistance comes in from the Federal Emergency Management Agency, Kansas expected to receive $63 million in funding. Only… more

Creative Planning third building in the works

In a year’s time, Creative Planning may very well have a completed third addition to its Overland Park campus. Named Creative Campus III, the project which just recently broke ground will be the third office building for the campus developed,… more

Stimulus filing reopens for $500 child payment

U.S. parents and guardians eligible for the $500-per-child payment made available back in March will now have the opportunity to file again if they missed the original filing period. The IRS has reopened registration for this specific stimulus for individuals… more

Kansas City law firm closes, staff moves to Armstrong Teasdale

Following the closure of Kansas City-based Martin Leigh PC in August, a law firm operating in the area since 1989, the remainder of the firm’s attorneys and staff have transitioned to Armstrong Teasdale LLP. St. Louis-based Armstrong Teasdale’s locations throughout… more

Two investors make bid for Kansas City Southern

In late July, reports were released that two investors, Blackstone Group Inc. and Global Infrastructure Partners, were interesting in an offer to buy Kansas City Southern. This week, The Wall Street Journal reported that a private equity bid was placed… more

Kansas governor pushes for Space Command headquarters

On Friday, Kansas Gov. Laura Kelly released a statement announcing that Kansas has made a push to become the home to headquarters for the U.S. Space Command. Kelly said the said will continue its efforts to attract headquarters, revealing that… more