News


Entrepreneur buys stake in Cleveland Indians

Kansas City entrepreneur John Sherman has become a minority owner and vice chairman of the Cleveland Indians of Major League Baseball. Sherman joins the Dolan family, who will retain the majority ownership they have had since 2000. Financial details of… more

Missouri job numbers hit record high

According to seasonally adjusted data released this week by the Missouri Department of Economic Development, Missouri’s nonfarm payroll employment grew by 2,100 jobs in July, reaching a new record high for the state with 2,816,600 active jobs. July’s nonfarm payroll… more

Local firm gets OK for pet medication

Aratana Therapeutics Inc. (NASDAQ: PETX), a Leawood, Kan.-based pet therapeutics company focused on the licensing, development and commercialization of innovative biopharmaceutical products for companion animals, this week announced the U.S. Food and Drug Administration's Center for Veterinary Medicine has approved… more

Kansas taps HPE, Cerner for new Medicaid system

Hewlett Packard Enterprise last week announced that the Kansas Department of Health and Environment had selected HPE to upgrade the state’s Medicaid Management Information System. As part of the $215 million contract, HPE will establish the Kansas Modular Medicaid System… more

Tax cuts hurt Moody’s rating of Kansas bonds

Moody's Investors Service says Kansas’ financial outlook is negative as a result of revenue shortfalls caused by the 2012 tax cuts championed by Gov. Sam Brownback. The rating service this week assigned a Aa3 rating to $49 million worth of… more

Terracon continues growing with acquisitions

Olathe, Kan.-based Terracon, a leading provider of environmental, facilities, geotechnical and materials services, this week announced the acquisition of two companies on opposite ends of the country. Terracon said it had acquired Mayes Testing Engineers of Lynnwood, Wash., retaining all… more

Grand Avenue Bridge Emergency Repairs Set

A nearly $3.5 million emergency contract has been awarded to Clarkson Construction Co. to replace the Grand Avenue Bridge in downtown Kansas City after stress fractures prompted the Missouri Department of Transportation to immediately close the bridge on May 6.… more

Eight Groups Pick KC for Conventions

Visit KC, the region’s leading hospitality and tourism organization, has announced nine major convention bookings by eight groups for future years. The groups represent the sports, religious, education, multi-cultural and multi-level marketing segments. Together, the meetings will inject a estimated… more

Hallmark in Card-Licensing Deal with CMA

Kansas City, Mo.-based Hallmark Cards has announced a new licensing agreement with the Country Music Association that will bring music from some of the most popular country artists into the greeting card aisle. With this contract, Hallmark will leverage the… more

BCBS KC ID Card Provider Hacked

Blue Cross and Blue Shield of Kansas City members will be getting a letter offering them free online identity protection after the company’s ID card provider revealed it was the victim of a computer hacker. Albany, N.Y.-based Newkirk Products on… more