News

PPP loan application deadline extended through end of May

Earlier this week, President Joe Biden signed the PPP Extension Act of 2021, extending the Paycheck Protection Program an additional two months to May 31. “Nearly 90,000 business owners are still in line, and there’s money left,” Biden said. For… more

Prime Capital adds $50M AUM with acquisition

Prime Capital Investment Advisors (PCIA) closed on a deal Thursday bringing on Arkansas-based Sphere Wealth Management. The transaction adds $50 million in assets under management (AUM) to Prime's $11.2 billion in AUM. The deal has added more than 200 families… more

In a Nutshell: Fed Optimistic, But Are Investors?

Stocks swung wildly following last week’s FOMC's highly anticipated meeting as the yield curve pulled back, steepened, then pulled back once more.  The central bank sharply upgraded its 2021 GDP growth forecast to 6.5%, the largest annual output since 1984,… more

Coping with COVID: Kansas executive order extending statewide mask policy struck down by state council

A series of executive orders signed Thursday by Kansas Gov. Laura Kelly aim to encourage Kansas counties to keep COVID-19 mask mandates. Among them was an order to extend the mask mandate, although it was revoked by the Republican-controlled Legislative… more

KC Council passes $1.78B budget

The Kansas City Council signed off on a $1.73 billion budget for the 2021-22 fiscal year. The measure revisited borrowing money for infrastructure, included money for tenant advocacy and deferred tapping into $195 million in stimulus funds. After objections that… more

Children’s Mercy KC begins vaccinating younger age groups

On Thursday, Children's Mercy Hospital began a series of vaccination clinics for some of the youngest people eligible to get the shot. The hospital is holding three clinics for people age 16 to 21 to get the Pfizer vaccine, which… more

Savion sells $264M solar project

Kansas City-based Savion LLC sold the 260-megawatt Brazoria West Solar Project in Texas to S&B USA for an undisclosed amount. Savion planned the project and got it ready for construction, which will begin in the next month or two at… more

Cerner closes on $375M deal for Kantar Health

Kantar Health, a life sciences company and division of Kantar Group, has been sold in a $375 million cash deal to North Kansas City-based Cerner Corp. Acquisition for the New York company was originally initiated in December 2020, and was… more

Kansas opens vaccine eligibility to all residents 16 and older

While both Kansas and Missouri have been making the COVID-19 vaccine available to more residents, the former this week has expanded eligibility to all residents 16 and older. The expanded rule began Monday as part of Kansas' start to its… more

U.S. nursing facilities see 96 percent drop in COVID cases

Representing more than 14,000 nursing homes and long term care facilities across the U.S., a report from the American Health Care Association and National Center for Assisted Living shows  nursing homes in the U.S. continue to see a rapid decline… more