Regional
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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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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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 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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The Commerce Department announced today that housing starts in the US fell 5.8 percent in August to their lowest level in three months, due largely to a 14.8 percent decrease in the South. Building activity increased in the Northeast (7.6…
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Children’s Mercy Hospital and Olathe Medical Center say they will work together on providing enhanced pediatric services for Southwest Johnson County and surrounding areas. The solution is expected to take the form of a new facility at Olathe Medical Park.…
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According to the Lee’s Summit Economic Development Council, the west side of town could be the site of new development projects totaling some $500 million. The proposed development projects in Lee Summit’s View High corridor include more than 300 acres…
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Lansing Trade Group, LLC, the Overland Park-based commodity merchandising company focused on commodities including grains, feed ingredients and energy products has announced preliminary results of a tender offer that began in August. The company reports that 79.2 percent of the…
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