News

Coping with COVID: Kansas City, Mo. Vaccine Task Force members announced, to soon begin work 

Establish with the passage of a resolution during a Kansas City Council meeting last week, appointments to the Kansas City COVID-19 Vaccine Task Force have been announced. With the goal of getting as many people vaccinated as quickly as possible, item… more

KC-based clinical laboratory Eurofins Viracor, Inc. breaks ground on new state-of-the-art facility

Multiple facilities of Viracor Eurofins, a subsidiary of Eurofins Viracor, Inc., will be consolidated with the construction of a new facility for the clinical specialty lab. A groundbreaking for the Kansas City area-based company this week will move it from… more

Bank stocks up, yields rise

The latest rise in bond yields has boosted financial stocks, but the rally’s staying power remains in question. The Financial Select Sector SPDR Fund is up about 6% week to date versus a 3.6% gain for the S&P 500. The U.S. 10-year Treasury yield has been… more

Evergy announces new CFO, Executive Vice President

Evergy, Inc. revealed Kirk Andrews will become the company’s executive vice president and chief financial officer this month, according to a Thursday news release from the company. Effective Feb. 22, 2021, Andrews fills the role currently held by Tony Somma,… more

Creative Planning makes largest acquisition yet, adds $6 billion in assets with Illinois company

Creative Planning Inc. announced the a hefty addition to its assets with the acquisition of IRON Financial, located in the Chicago area in Northbrook, Ill. Overland Park-based Creative Planning will bring on the retirement division of IRON Financial, which has… more

Chase Bank to add two new KC-area branches in 2021

Well-known brand has plans to continue its growth in the Kansas City metro, announcing its intention to open two additional JPMorgan Chase Bank locations in the area this year. There are currently four existing Chase Bank in Kansas City; one… more

In a Nutshell

Traditionally, new presidents get a 100-day “honeymoon” through April, but before we get too far into the new Biden administration, it’s worth noting where things stand with last month’s presidential transition. The previous four years, I believe, were remarkable for… more

Weekly jobless claims show lowest total since November

In the week ending January 30, the advance figure for seasonally adjusted initial claims was 779,000, a decrease of 33,000 from the previous week's revised level. The previous week's level was revised down by 35,000 from 847,000 to 812,000. The… more

Mo. recognized for economic development progress

The state of Missouri recently received two awards from leading economic development publications in recognition of major corporate investments. “Even during these challenging times, we are proud that we have made great strides in growing our economy and creating jobs,”… more

Burns & McDonnell pushes to $5.3B revenue over last year

Kansas City-based Burns & McDonnell hit a record year of sales, producing $5.3 billion, supporting 15,000 projects and adding more than 600 employees. With the news of the construction engineering company’s financial success comes news of several leadership promotions including… more