Regional News
Yahoo! released a statement today confirming an information theft “associated with at least 500 million user accounts.” The company also reported that that the “information was stolen from the company’s network in late 2014” attributing the theft to a “state-sponsored…
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The KCRise Fund—an initiative of the KC Rising effort to fully realize the Kansas City region’s economic potential—announced today that it has closed on an initial $10 million in commitments from area investors. KCRise was established, “as a solution to…
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A consulting group specializing in air service development has determined that conditions in Topeka might be ripe for a return of passenger flights to Topeka Regional Airport, which hasn’t seen passenger flights since 2014. According to the study by Sixel…
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While saying “the case for an increase in the federal funds rate has strengthened,” the Federal Reserve announced today that it will not make a rate change at this time. The Federal Open Market Committee, which is charged with setting…
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UMB Bank has agreed to acquire approximately 40,000 Health Savings Accounts (HSA) from the Bancorp, Inc., as part of Bancorp’s ongoing moves to exit the HSA business. Deposits and investment assets related to the accounts are reported at $76 million.…
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Kansas is one of 21 states joining in lawsuit filed today against the Obama administration. The suit challenges the U.S. Department of Labor’s new “Overtime Rule.” The suit was filed by Texas Attorney General Ken Paxton and Nevada Attorney General…
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The Missouri Supreme Court ruled unanimously today that voters will get to decide on raising cigarette taxes. The measure will appear on the ballot for the November 8th election, asking voters to weigh a proposed constitutional amendment that would phase in…
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The Missouri Department of Economic Development says the state added 8, 742 private sector employers between 2014 and 2015. Over that same period, 18,342 new businesses were formed in the state “Our low taxes, competitive business incentives, top-notch talent, access…
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Penton, a New York-based information services company with offices in Overland Park is to be acquired by the business intelligence company Informa. Penton is being sold by MidOcean Partners and Wasserstein & Co. for $1.56 billion.
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The Missouri Department of Economic Development, through the Missouri Start Smart initiative, will authorize a $1 million grant to the City of Savannah for the improvement of early childhood education. The funds will be used to construct a new Early…
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