Local News


Leadership Change at Alterra Bank

The parent company of Alterra Bank, First Business Financial Services, Inc., has announced that Alterra president and CEO, Pam Berneking is no longer with the bank. Chuck Mackey, Alterra Bank Board Chairman, said, “Under Pam’s leadership, Alterra Bank set out… more

Report Measures Growth in American Cities

The personal finance website, WalletHub, has released its Fastest Growing Cities report for 2016. The fastest growing city in the U.S. was Frisco, Texas (part of the Dallas-Fort Worth metro) and the slowest was Jacksonville, North Carolina. How did Kansas… more

Compass Minerals Completes Brazil Acquisition

Compass Minerals has announced its completion of the purchase of all remaining interest in Produquímica Indústria e Comércio S.A., one of Brazil’s leading manufacturers and distributors of specialty plant nutrients. As previously disclosed, the acquisition is expected to add an… more

Creighton University Sees Mid-American Business Conditions Slumping

Creighton University released its monthly Survey on Economic Conditions for Business taken among supply managers in a nine-state region that includes Kansas and Missouri. The overall index came in below the growth neutral ranking of 50 for the third consecutive… more

Bass Pro to Pay $5.5 Billion for Cabela’s

Bass Pro Shops and Cabela’s Incorporated, two big-names retailers catering to lovers of the outdoors, have announced a definitive agreement in which Bass Pro will acquire Cabela’s for $65.50 per share in cash; the total deal is valued at approximately $5.5 billion. Bass… more

Kauffman Foundation Investing $79 Million to Encourage Higher Education

The Kauffman Foundation has announced a 10-year, $79 million investment in KC Scholars, a program developed by the Foundation and 70 community partners to, as the KS Scholars website states, “increase postsecondary education attainment in the greater Kansas City area.”… more

Streetcar Expansion Cleared for Voting

A Jackson County Circuit Court Judge has cleared the way for voting on the expansion of the Transportation Development District (TDD) for Kansas City’s budding streetcar service. The expanded district would support a southward expansion of the existing Main Street… more

Council Committee Approves Mayor’s Arts Festival Plan

The Finance and Governance Committee of the Kansas City Council has approved Mayor Sly James’ vision for a Kansas City Arts Festival that would celebrate the city as the nation’s “creative crossroads” of visual, performing and digital arts. The full City… more

Ferrell Takes the CEO Reins at Ferrellgas

Ferrellgas Partners, L.P. has announced that that James E. Ferrell, company founder and board chairman, is now the interim president and CEO of Ferrellgas. Ferrell succeeds Stephen Wambold, who has stepped down from those roles, as well as from his… more

Missouri, Kansas Business Tax Rankings

Missouri and Kansas placed at 15th and 22nd respectively on the Tax Foundation’s 2017 State Business Tax Climate Index, which is designed to measure how competitive a state is when it comes to business tax. The index uses a system… more