Business and Government
A day after the new Paycheck Protection Program depleted its $349 billion allocation, Sen. Jerry Moran of Kansas said today he was hopeful Congress would move quickly to add more funding to help companies cash-strapped by the COVID-19 pandemic. “It…
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The city council in Kansas City has approved $72.8 million to pay for the replacement of the Buck O'Neil Bridge, which connects Downtown to north of the Missouri River. It is being paid for by a mix of bond issues…
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The Small Business Administration yesterday announced that its $349-billion Paycheck Protection Program has been wiped out. But at least one area lender is seeing an increase in loan allocation. UMB Bank has recently processed 3,000 applications totaling $1.4 billion. "It’s…
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President Donald Trump has released a three-phase advisory plan for states to reopen the country. For states to start reopening, the policy says, there needs to be downward trajectory of COVID-19 cases over a 14-day period, the ability for hospitals…
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A regional report by the Johnson County, Kan., government says that 88 percent of 2,339 area hospital beds in nine area hospitals are in use. When looking at intensive-care unit beds, the report found that 47 percent of those are…
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The Federal Reserve Bank of Kansas City recently launched a program called the Employer Laptop Challenge, a community development program that encourages companies and other organizations to donate used computers and other devices to nonprofits, schools and firms that refurbish…
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U.S. Treasury Secretary Steven T. Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza calling for Congress to appropriate more funds toward the Paycheck Protection Program and Economic Injury Disaster Loan Program, due to the havoc that COVID-19 has wreaked…
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Q: What has impressed you most about the leadership you’ve seen from various companies in Kansas City in responding to the current health crisis and its economic impact? A. I’m impressed but not surprised with how Kansas City has come…
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Small Business Administration loans are a major topic right now in the face of COVID-19. Tom Salisbury, the Regional Administrator for SBA’s Region VII states of Missouri, Kansas, Nebraska and Iowa, talks about the Paycheck Protection Program (PPP) and other…
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Another 5.2 million people filed for unemployment last week, according to the U.S. Department of Labor, bringing the total over the last four weeks to about 22 million. For the week ended April 4, the number was revised up by…
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