Employment
Just over 4.4 million people filed for unemployment insurance for the week ended April 18, putting the insured unemployment rate at 11 percent, though many estimates place that number much higher. The 11 percent is 2.8 percent higher than the…
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Macy's, the country's largest department-store chain, with five locations in the Kansas City area, might reportedly consider taking on up to $5 billion in debt instead of filing for bankruptcy. Inventory would be used as collateral to raise $3 billion…
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The University of Missouri System is facing a $180-million budget shortfall, and the University of Missouri - Kansas City is not immune to the problem. Chancellor C. Mauli Agrawal reportedly sent an e-mail to staff and faculty asking all administrative…
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The oil industry is among those feeling pain due to COVID-19, and futures prices have dropped to below zero for the first time ever in history. The West Texas Intermediate fell to negative $37.63 per barrel for May, which means…
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The State of Kansas is predicting major budget shortfalls due to income taxes not being filed until the next fiscal year, and Gov. Laura Kelly has announced that no new positions will be filled with the state and all discretionary…
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Sloane Gage is the director of program and resource development at Workforce Partnership, which services employers and job seekers in the Kansas City metro area. She spoke about the challenges being faced during COVID-19. Q: What are you hearing from…
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One of the biggest deals of 2019 has closed. Shareholders of Leawood-based Tallgrass Energy, LP, have approved the $4-billion sale of the company to private-equity giant Blackstone, Spain-based energy corporation Enagas and other interests. The investors paid $22.45 each for…
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The city council of Kansas City recently gave final approval Waddell & Reed's headquarters move from Overland Park to Downtown Kansas City. In January, wealth-management firm signed a lease to go into a new 18-story 260,000-square-foot building at 1400 Baltimore…
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The technology industry, which has seen incredible growth over the last several years due to nearly every industry adapting its services and devices, has also gotten smacked by COVID-19. Job listings in the Kansas City area, which has seen a…
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There might be $450 million more on the way for small-business and hospital relief if the measure is approved by Congress. The Senate is scheduled to meet today, and the House could vote as early as Wednesday, according to an…
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