News

New Jobless Claims Dip, but Still Top 1 Million

New figures from the U.S. Department of Labor show that in the week ending August 1, the advance figure for seasonally adjusted initial claims was 1,186,000, a decrease of 249,000 from the previous week's revised level. The report includes information… more

Parson, Barr Expanding Operation LeGend to St. Louis

A surge in violent crime on both sides of Missouri has prompted Gov. Mike Parson to announce the expansion of Kansas City-based Operation LeGend to St. Louis. Parson revealed plans to expand in a Thursday news conference in St. Louis… more

Kansas City Preparing for Municipal Furloughs

It's just two sentences in length, but the implications will be significant for employees of Kansas City, Mo.: The City Council has directed acting city manager Earnest Rouse to draw up plans for idling certain city staff for a minimum… more

Sister City Donates Protective Gear to Truman Med

The Taiwanese city of Tainan, that nation's sister city to Kansas City, has delivered thousands of pieces of personal protective equipment to health-care workers at Truman Medical Center, a gift matched by a local group. Nearly 3,000 masks and 300… more

EPA Picks Two from KC Area for Advisory Board

The U.S. Environmental Protection Agency has designated two Kansas City-area representatives to its 33-member Environmental Financial Advisory Board, which provides policy guidance and cost-management recommendations for agency administrator Andrew Wheeler.  Dennis Randolph, public works director for the city of Grandview, and William… more

Fintech firm MSTS sells to private equity firm Corsair Capital

Soon to transition ownership from Miami-based World Fuel Services Corp., MSTS Inc. in Overland Park will trade off for Corsair Capital LLC in a sale worth $350 million. MSTS Inc. is a financial services company that operates with more than… more

U.S. Department of Commerce invests $7.8 Million in CARES Act funding to several universities

U.S. Department of Commerce (WASHINGTON) – The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $7.8 million in EDA CARES Act Recovery Assistance grants to universities across the nation to boost their capacity to support regional economic development… more

Advance international trade in goods deficit shows decrease in June

U.S. Census Bureau – Due to recent events surrounding COVID-19, many businesses are operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored response and data quality and determined estimates in this release meet publication… more

U.S. Treasury data shows PPP loans have saved millions of jobs

After billions in U.S. money was distributed to businesses in every state, a question being asked is was all that funding effective?  According to recent data released by the U.S. Treasury Department, the answer is yes. Data collected by the… more

Missouri House of Representatives District 19 candidate Phyllis Hardwick concedes election

KANSAS CITY, Mo. – Today, Missouri House of Representatives District 19 Candidate Phyllis Hardwick conceded the election to Representative Ingrid Burnett. Hardwick ran a close race and in early reporting was leading with 40% of the vote. She eventually garnered… more