News


KCMO to face another expected deficit this fiscal year of $50M

Financial constraints on the City of Kansas City, Mo. caused by COVID-19 will not be going away soon. In a Thursday press conference, the city reported they anticipate a $50-million deficit during the current fiscal year. "It's very difficult to… more

Coping with COVID: Missouri enters Phase 1B of COVID-19 vaccinations, to run through weekend 

Missouri Gov. Mike Parson announced the activation of Phase 1B - Tier 1 of the state's COVID-19 Vaccination Plan on Thursday. Federal partners informed the state they plan to significantly increase vaccine supply next week. Individuals 65 and older and… more

Black & Veatch transitions subsidiary to independent software company with sale

Overland Park-based Black & Veatch has sold Atonix Digital LLC, a software company focused on operational intelligence for resource intensive industries. Just three years after the launch of Atonix Digital as a wholly owned subsidiary, its sale is expected to… more

SBA, U.S. Treasury to re-open PPP loan portal on Friday

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15,… more

Beige Book reveals steady December activity in KC

Overall economic activity across the Federal Reserve districts reported economic activity increased modestly since the previous Beige Book period, although conditions remained varied. Two districts reported little or no change in activity, while two others noted a decline. Reports on… more

U.S. Bank branch closures hit Kansas City metro

A plan in the works since October 2020, U.S. Bank closures nationwide have now swept the Kansas City metro, U.S. Bancorp now no longer holding the largest branch network in the area. U.S. Bank closed six Kansas City-area branches on… more

Register today for the February 21st Century Business Forum

The 21st Century Business Forum is a FREE webcast presented on the second Wednesday of each month, where best-selling author Jon Gordon will interview entrepreneurs, CEOs, authors, coaches, and thought leaders as they share their insights, ideas, and experiences of success as well… more

CEOs show optimism in trade, concern over taxes in survey

A new survey conducted by The Conference Board reveals the biggest issues for CEOs nationwide going into 2021. According to the survey, CEOs are more worried about higher corporate taxes and increased regulation, but less worried about global political instability… more

Jobless claims increase, mark highest total since August

In the week ending January 9, the advance figure for seasonally adjusted initial claims was 965,000, an increase of 181,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 787,000 to 784,000. The… more

Kansas governor releases 2022 state budget recommendations

Kansas Gov. Laura Kelly has announced the Fiscal Year 2022 Kansas Budget to protect the fiscal foundation of the state and kickstart its economic recovery. Kelly said she has announced her third budget recommendation for the State of Kansas. She… more