News
While business headlines in Kansas City this week focused on the sale of publicly traded Kansas City Southern Railway, the private-business side saw another corporate titan take its last bow. San Francisco-based Flynn Restaurant Group closed on its $553 million…
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The National Governors Association selected Kansas and Missouri as part of a four state collaboration on cybersecurity governance. “We’re honored to be chosen to collaborate with NGA for this prestigious academy,” Kansas Governor Laura Kelly said. “With rapid changes in…
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Missouri's minimum wage is on track to reach $12 by 2023, but a bill would push it back to 2026. The delay of the gradual increase is a proposal from Rep. Cody Smith of Carthage. Rep. Smith addressed fellow lawmakers…
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Kansas City's Federal Reserve District which encompasses the western's portion of Missouri, all of Kansas and other territory stretching into Colorado, Nebraska, Oklahoma Wyoming and New Mexico, shows manufacturing at a steady incline in March. Manufacturing activity in the central…
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As with any economic recovery interest rates and bond yields rise. Historically it’s been a bullish development for stocks because the earnings rebound (fueling the “risk on” appetite) typically far exceeds that of the “risk off” fear of rising rates.…
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First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hiring has picked up in the U.S. economy, the Labor Department reported Thursday. Claims totaled 684,000 for the week ended March 20, the first time the number…
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Missouri REALTORS has released its monthly statistics report highlighting the Missouri real estate market for the month of February 2021. In the month of February, 5,430 homes sold in Missouri. The total sales volume topped $1.3 billion, and homes sold…
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Kansas Gov. Laura Kelly signed an emergency response bill Wednesday and said she will re-issue executive orders to protect the state's COVID-19 recovery. The governor's office said Senate Bill 40 modifies the procedure for the declaration and extension of a…
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A change of plans is taking shape for office property owned by Kansas City architecture, development and construction firm, Foutch Brothers LLC. Prior to COVID-19, the firm had secured a few tenants for its new office space, Six at Park,…
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A business combination deal months in the making is approaching final approval after review from the U.S. Securities and Exchange Commission this week. Kansas City-based special-purpose acquisition company, Northern Genesis Acquisition Corp., first revealed its intent to combine with Canadian…
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