Local News

Treasury Borrowing $3T As Part of Stimulus

The U.S. Treasury will reportedly borrow $3 trillion this quarter, most of it related to COVID-19-relief stimulus programs, reportedly making the government's debt about $25 trillion. Next quarter, the department also plans to borrow "$677 billion in privately-held net marketable… more

Report: COVID-19 Deaths To Hit 3,000 Per Day

Deaths per day in the United States from COVID-19 could hit 3,000, said a report by the U.S. departments of Homeland Security, and Health and Human Services. The agencies also said that cases could hit 200,000 per day by the… more

MO Cities, Counties Get CARES Funds

Jackson County is getting $122.7 million of Missouri's $2.4 billion in federal CARES Act funding, the second-highest amount of any county in the state. “COVID-19 has had an overwhelming impact on our economy, and many local governments, health care providers,… more

KC Tech Council: Working From Home a New Reality

The KC Tech Council, through a recent survey, has found that more people are adapting to the reality of working from home. Says the report: "Nearly two-thirds of all respondents are currently managing a 100% remote workforce. Prior to this… more

Mnuchin: PPP Funding Has Helped Businesses

The Paycheck Protection Program is working, said  Small Business Administration Administrator Jovita Carranza and U.S. Secretary of the Treasury Steven Mnuchin. Their joint statement reads: “The Paycheck Protection Program is providing critical support to millions of small businesses and tens… more

Orbis Biosciences Acquired

Lenexa-based Orbis Biosciences was purchased by New Jersey-based Adare Pharmaceuticals. Adare made the purchase to improve its tech pharma business.  “The acquisition by Adare will globalize the reach of our technologies and services,” said Maria Flynn, president and CEO of… more

MU Layoffs, Furloughs Start

Layoffs and furloughs have begun at the University of Missouri System as a result of budget woes presented by the COVID-19 pandemic. There have been 49 employees laid off so far, 32 of them at MU Health Care, reported KSHB.… more

Business Reopenings Come With Caveats

Kansas City and much of the surrounding area is getting back to work today—incrementally—but it won’t be a return to business as usual. Conditional authorization is now in place from Kansas City, Mo., for businesses to emerge from a coma… more

Southwest, KCI Anchor, Loses $94M

Southwest Airlines, which is considered the carrier with the most flights through Kansas City International Airport, reported a loss of $94 million during its most recent financial quarter. Capacity at the airline has decreased about 70 percent in the month… more

KS, MO Hospital COVID Aid Hits $800 Million

Kansas and Missouri hospitals are reportedly receiving about more than $800 million in combined funding from the federal government to help combat economic financial hardships due to the COVID-19 pandemic. On the Missouri side, hospitals will be receiving $412.5 million,… more