Local News

Waddell & Reed Laying Off 150 In Midst of HQ Relocation Plans

Overland Park-based Waddell & Reed is laying off about 150 people in its transactional-processing operations and will outsource those positions, the investment-management company's officials said during its second-quarter earnings call.  The layoffs and move toward outsourcing are expected to be… more

Jackson County Property Tax Appeal Extended

Property owners in Jackson County now have until Sept. 3 to appeal the assessments of their properties' value calculated earlier this year by the county. The county's Board of Equalization voted today for the extension, which comes after a public… more

Metro’s Largest Private Company Just Got Bigger

Dairy Farmers of America, the largest private company in the Kansas City metropolitan area, has added another organization to its portfolio. A majority of the 360-farm board of St. Albans Cooperative Creamery, in Vermont, voted to merge with DFA.  The… more

DOJ Gives Nod to Sprint, T-Mobile Merger

It's almost a done deal as far as the federal government is concerned. The U.S. Department of Justice granted approval of the merger between Overland Park-based Sprint Corp. and T-Mobile US, of Bellevue, Wash., which the companies say will create… more

From Neurosurgeon to NASA: Enduralock Founder Flies High

A small Lenexa-based engineering-solutions firm is quickly grabbing the attention of some very big players. Enduralock, which makes industrial fasteners, was recently named a winner of NASA's iTech Cycle I forum, which recognizes innovative companies that provide solutions for both… more

Google Has $600 Million Northland Plans

Tech giant Google plans to build a $600 million data center in the Northland, according to a press release put out by Kansas City Councilman and Port KC Commissioner Dan Fowler. Port KC approved a bond in that amount on… more

Stueve Siegel Chalks Up Huge Win in $1.5B Equifax Case

One of Ingram's Best Companies to Work might now be an even more attractive workplace. Law firm Stueve Siegel Hanson LLP, of Kansas City, was the lead counsel on a class action settlement by credit-reporting firm Equifax relating to a… more

Snow Creek Parent Peak Resorts Selling for $264 Million

Peak Resorts, the owner of the Snow Creek ski park in Weston and 15 other facilities across the country, is getting purchased by Vail Resorts for $264 million.  Tim Boyd, president and chief executive officer of Wildwood-based Peak and one… more

South K.C. Getting $68 Million Niagra Water Plant

Bottled-water company Niagra Bottling is building a $68 million, 420,000-square-foot production facility in CenterPoint Intermodal Center, at the corner of Highway 71 and Missouri Route 150, which is expected to create about 50 jobs. CenterPoint Intermodal is owned by Oak… more

Would Stopping ‘Border War’ Help Landlords?

The end of the 'border war' in the the Kansas City metro area that gives tax incentives to businesses to cross the state line could soon come to a close if Kansas government adopts a proposal to stop the practice.… more