Local News


Peoples Bank Buying Triumph Premium Finance

Kansas City-based Triumph Premium Finance, which provides financial services for customers to purchase property and casualty insurance products through a network of independent insurance agency customers across the country, is being acquired by Peoples Bank, based in Ohio. Triumph recorded… more

UMKC Facing Major Budget Cuts

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… more

Oil Trades at Lowest Rates in History

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… more

Restaurant Industry Seeks Bailout From Congress

The restaurant industry has had widespread strife since stay-at-home orders were put into place in states across the country, and now the National Restaurant Association (NRA) lobbying group is asking Congress for funding. The group is reportedly asking Congress for… more

Cheesecake Factory Getting $200M Cash Infusion

Restaurant chain The Cheesecake Factory, with two prominent area locations, has received $200 million in financing from a private investment group. The company, based in California, has locations in the Country Club Plaza, as well as one on 119th Street… more

Conagra Plant in Marshall Shutting Down

A Conagra plant in Marhsall, Mo., is shutting down after about 20 employees there tested positive for COVID-19. The plant, which reportedly was already practicing social distancing and making sanitation efforts, is set to reopen on April 27. The company… more

Regents Approve New Multi-Pronged K-State Institute

The Kansas Board of Regents has approved a new Global Food, Health and Biosecurity institute that "will focus on exploring how Kansas State University can and will lead through teaching, research and service to address these challenges," according to Provost… more

Q&A With … Sloane Gage, Workforce Partnership

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… more

Greater KC, Wyandotte County United Ways Merging

The United Way of Greater Kansas City and the United Way of Wyandotte County are set to merge. The boards of both organizations have decided to combine on July 1 after studying the measure for a year. The United Way… more

Tallgrass Shareholders Approve $4B Buyout

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… more