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Economy


WHO Leader: COVID-19 Dwarfs 2009 Flu

The COVID-19 pandemic is 10 times deadlier than the flu pandemic of 2009, according to Tedros Adhanom Ghebreyesu, general director of the World Health Organization. "We know that early case-finding, testing, isolating caring for every case and tracing every contact… more

Pinnacle Regional Hospital Closing

Pinnacle Regional,in Overland Park, is apparently shutting its doors after filing for Chapter 11 bankruptcy protection. In a recent letter to employees, the company's Chapter 11 trustee said that it is closing due to “unforeseen and unexpected business circumstances, including… more

Farmers Feeling Pandemic Pain, MU Professor Says

The apparent disconnect between plummeting prices for farmers and soaring grocery demand from consumers is likely to be with us for a while as the nation continues to address the COVID-19 pandemic. That's the assessment of Scott Brown, an associate… more

KU Pushes for Less Restaurant Food Waste

One lesson a team of students and faculty at the University of Kansas hopes we learn from the COVID-19 pandemic is how to reduce food waste at restaurants once they reopen.  The group has made a collaboration to determine what… more

Q&A With … Kate O’Hara Gasper, LathropGPM

Kate O’Hara Gasper of Lathrop GPM represents clients in litigation and arbitration involving breach of contract, business torts, covenants not to compete, intellectual property, professional liability and insurance coverage. Q: The nation has seen a historic increase in layoffs over… more

Parson Approves Supplemental Budget

Missouri Gov. Mike Parson has signed a supplemental budget passed by the Missouri General Assembly, which will give the state access to federal COVID-19 relief under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. “COVID-19 has had an overwhelming… more

Year-Over-Year KC Home Listings Plunge

New-home listings in the Kansas City area plunged 35.7 percent year over year as of April 5, according to Zillow. That number exceeds the national average drop of 27.1 percent. It is a strong contrast to March 1, when they… more

Sen. Moran: Federal Aid Hitting Rural Hospitals

Federal aid began flowing today to cash-strapped rural hospitals across Kansas, U.S. Sen. Jerry Moran said this morning. Although federal aid to business approved in March excluded rural hospitals owned by political subdivisions, Moran said additional federal money was being… more

M&A Update: A Whole New World

A new update on the Kansas City M&A market issued by one of the leading firms in that space confirms what most might have anticipated: That space today is much different than just a month ago.  So concludes the leadership… more

PPP Update

As the nation’s banks continue to fine-tune the Paycheck Protection Program implemented by Congress to help avert layoffs during the COVID-19 crises, today looms as a key date in phase II of the $349 billion program. As of this morning,… more