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Waddell & Reed HQ Move Gets Final Council Approval

The city council of Kansas City recently gave final approval Waddell & Reed's headquarters move from Overland Park to Downtown Kansas City. In January, wealth-management firm signed a lease to go into a new 18-story 260,000-square-foot building at 1400 Baltimore… more

Even Tech Not Immune to COVID-19

The technology industry, which has seen incredible growth over the last several years due to nearly every industry adapting its services and devices, has also gotten smacked by COVID-19. Job listings in the Kansas City area, which has seen a… more

$450B More Might be On the Way for Small Businesses

There might be $450 million more on the way for small-business and hospital relief if the measure is approved by Congress. The Senate is scheduled to meet today, and the House could vote as early as Wednesday, according to an… more

KS Lagging in COVID-19 Tests, MO Catching Up

Kansas has performed less COVID-19 tests than states with similar, or even smaller, populations, according to a recent partnership between the U.S. Census and other organizations, including this heat map, which shows the number of tests per state. As of… more

KC Southern Posts Record Q1 Revenues

Kansas City Southern had some good news during COVID-19 times. The railroad transportation-holding company reported record revenues of $731.7 million, up eight percent year over year. The gains were led by and 18 percent increase in chemical and petroleum shipments,… more

Senator: PPP Pumped $4B Into KS Economy

A day after the new Paycheck Protection Program depleted its $349 billion allocation, Sen. Jerry Moran of Kansas said today he was hopeful Congress would move quickly to add more funding to help companies cash-strapped by the COVID-19 pandemic. “It… more

Council Approves $72.8M for Buck O’Neil Bridge

The city council in Kansas City has approved $72.8 million to pay for the replacement of the Buck O'Neil Bridge, which connects Downtown to north of the Missouri River. It is being paid for by a mix of bond issues… more

Best Buy Furloughs Hourly Employees

National electronics chain Best Buy, which operates eight stores in the Kansas City Metro area, is furloughing 51,000 hourly employees and nearly all of its part-time workers. The retailer switched to curbside-only business on March 22, due to COVID-19, and… more

UMB Busy Processing Loans After PPP Stoppage

The Small Business Administration yesterday announced that its $349-billion Paycheck Protection Program has been wiped out. But at least one area lender is seeing an increase in loan allocation. UMB Bank has recently processed 3,000 applications totaling $1.4 billion. "It’s… more

White House Rolls Out Three-Phase Reopening Plan

President Donald Trump has released a three-phase advisory plan for states to reopen the country. For states to start reopening, the policy says, there needs to be  downward trajectory of COVID-19 cases over a 14-day period, the ability for hospitals… more