News


Pandemic wipes out five years of economic growth in three months

AXIOS - The economic decline between April and June caused by the coronavirus pandemic brought the U.S. GDP back to levels last seen in 2015, according to data released Thursday. Why it matters: While we fell into the hole swiftly,… more

Businessman and former Kansas City Fed chair Herman Cain dies

Herman Cain, former CEO of major pizza chain Godfather’s Pizza (owned by Pillsbury) as well as former Chair for the Federal Reserve Bank of Kansas City, died Thursday at the age of 74. Cain’s death was reported to be caused… more

SEC goes to conference-only schedule, Sept. 26 start

The Associated Press - The Southeastern Conference will play only league games in 2020, a decision that pushes major college football closer to a siloed regular season in which none of the power conferences cross paths. The plan was confirmed… more

Kansas region of the metro out-measures performance on Missouri side

A deeper look into the economic performance of the bi-state region of Kansas City shows that currently, the strength of the city is largely due to the Kansas portion of the metro. The heart of Kansas City sits on the… more

Q&A with: Stephen Penn

Q: We've seen the downturn's impact on hospitality (hotels, airlines, car rentals, restaurants, retail, etc.), but from what you've seen, which other sectors have sustained long-term damage? A: We would expect those industries with a combination of lower demand offerings,… more

U.S. economy shrinks at record annual rate in second quarter

Knowing it was coming did little to prevent raised eyebrows down today, as the Commerce Department released its preliminary report showing real gross domestic product decreased at a record annual rate of 32.9 percent in the second quarter of 2020. That… more

Missouri governor supports legislation to try kids 12 to 18 as adults in certain cases

JEFFERSON CITY, Mo. (AP) — Missouri Gov. Mike Parson is asking lawmakers to approve legislation that would allow judges to decide whether a child between the ages of 12 and 18 should be tried as an adult in court for… more

Round of layoffs at Hallmark Cards

Due to a changing landscape in consumer needs, Hallmark Cards has announced they will be making 120 layoffs. Over half of the layoffs – around 90 – will be made at the company’s headquarters in Kansas City. "Hallmark is transforming… more

Coping with COVID: Vaccine trial to be offered by KU Medical Center and Children’s Mercy

A nationwide trial of an AstraZeneca vaccine is looking for participants in the Kansas and Missouri region to participate in a clinical COVID-19 vaccine trial. Regionally, the trial is looking for 1,500 participants and is being organized by the University… more

Hiring spree for CVS Health in Kansas City

Another company with operations housed in Kansas City is set to add more jobs, CVS Health planning to add at least 200 jobs to its distribution center located in the Northland. CVS Health is seeking to fill positions for stockers… more