Destination USA

Trepp: CMBS Delinquencies Break 17-Month Decline

The rate of delinquencies in U.S. commercial mortgage-backed securities increased in December, breaking a 17-month string of declines that began after the worst of the COVID-19 downturn took hold in early 2020. According to the commercial realty analytics firm Trepp,… more

IRS Raises Mileage Rates for Business

The Internal Revenue Service has issued its 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. The agency issued a news release that said, effective this week,… more

Hospitals on Edge as COVID-19 Admissions Soar

Just weeks after staving off the surge of pandemic-driven admissions that began in the summer, area hospital officials are again experiencing the systematic stress of soaring patient counts as the COVID-19 fall surge continues. The University of Kansas Hospital, the… more

Intouch Group Acquisition a Done Deal

The acquisition of Intouch Group, one of the Kansas City region's most successful entrepreneurial ventures over the past generation, has been completed, the Overland Park company and its new parent, Chicago-based Eversana, have announced.  The deal, for a reported $950… more

Lee Norman Resigns as KDHE Secretary

Lee Norman, the Kansas City-area physician who served as Gov. Laura Kelly's point lead for Kansas throughout the pandemic, has resigned from his cabinet post as head of the Department of Health and Environment.  Norman, a longtime physician and former… more

Coping With COVID: U.S. Down-Trend Levels Out

Since peaking at 308,000 new cases on January, and driving that week's rolling 7-day average for new COVID-19 cases to more than 256,000 a day, the nation has seen a sharp reduction in new infections. By early March, the rolling… more

Kelly Outlines Kansas COVID Vaccination Plan

Kansas Gov. Laura Kelly has announced her administration’s final COVID-19 distribution order for population groups in Kansas. The vaccine will be administered in five phases, beginning with those most at risk of contracting or becoming seriously ill from COVID-19 and… more

New Jobless Claims Dip, but Still Top 1 Million

New figures from the U.S. Department of Labor show that in the week ending August 1, the advance figure for seasonally adjusted initial claims was 1,186,000, a decrease of 249,000 from the previous week's revised level. The report includes information… more

Parson, Barr Expanding Operation LeGend to St. Louis

A surge in violent crime on both sides of Missouri has prompted Gov. Mike Parson to announce the expansion of Kansas City-based Operation LeGend to St. Louis. Parson revealed plans to expand in a Thursday news conference in St. Louis… more

May 2020 COVID-19 Update: Passing the Test?

The good news, to people starving for some amid the carnage of the COVID-19 pandemic, is that in this region, the caseloads appear to be tapering off. A number of metrics reinforce that: The Web site rt.live, created by a pair… more