Jackson County

Kansas City tech company PayIt expands market

Locally founded tech startup PayIt is expanding, this time internationally with a new headquarters beyond the northern U.S. border, in Canada. The move is being made to expand the company’s market. This will be the first international market expansion for… more

Coping with COVID: Missouri and Kansas regional COVID-19 report

While a macro-look at statewide COVID-19 numbers in both Missouri and Kansas may seem overwhelming to some, a micro-look into the Kansas City region provides a hopeful view. On Thursday, the Missouri Department of Health and Senior Services reported 97,591… more

FDIC data on PPP reveals Kansas City banks injected billions locally

According to data from the Federal Deposit Insurance Corp. (FDIC), which holds a record on the amount of Paycheck Protection Program (PPP) loans made by banks nationwide, shows that Kansas City area bank put billions back into the local economy… more

Kansas City Southern rejects bid

Class I railway operator Kansas City Southern has rejected a bid from private equity investors Blackstone Group Inc and Global Infrastructure Partners, according to a Wednesday report from The Wall Street Journal. With a market capitalization estimated to be over… more

Kansas City-based BacklotCars to be sold in multi-million dollar deal

Young, yet well-established BacklotCars has been acquired by KAR Auction Services in a deal worth $425 million. Headquartered in Kansas City, Mo., BacklotCars began serving dealers in 2015 through its app and web-based dealer-to-dealer wholesale platform. In its short five… more

Kansas City law firm closes, staff moves to Armstrong Teasdale

Following the closure of Kansas City-based Martin Leigh PC in August, a law firm operating in the area since 1989, the remainder of the firm’s attorneys and staff have transitioned to Armstrong Teasdale LLP. St. Louis-based Armstrong Teasdale’s locations throughout… more

Kansas City metro schools return to studies Tuesday

The highly-anticipated return to class has now arrived for the majority of K-12 public schools in both Kansas and Missouri, though some have decided to begin virtually. Several school districts in the Kansas City metro opted to resume studies post-Labor… more

Two investors make bid for Kansas City Southern

In late July, reports were released that two investors, Blackstone Group Inc. and Global Infrastructure Partners, were interesting in an offer to buy Kansas City Southern. This week, The Wall Street Journal reported that a private equity bid was placed… more

U.S. Census Bureau releases response rates for the region

A map revealing response progress for the 2020 census was released this week by the U.S. Census Bureau. Titled as “Nonresponse Followup Completion Rates,” the page up on the United State Census 2020 website shows that the Kansas City, Mo.… more

September Beige Book report may dispel notions of V-shaped recovery

The release of the Federal Reserve Bank’s September Beige Book report this week might dispel any notions of a sharp V-shaped recovery from the COVID-19 pandemic. While it notes significant economic growth in some sectors of the 10th District that… more