Kansas

Q&A With … Mike Boehm, City of Lenexa

Mike Boehm is the major of the City of Lenexa, which has seen major construction growth over the the last few years. Q. Have you seen any delay in the construction of City Center as a result of COVID-19? A.… more

SelectQuote Readies IPO

Online insurance broker SelectQuote, which is based in Overland Park, is preparing for an IPO to raise $475 million with a stock price in the range of $17 to $19. MarketWatch reports it could place the value of the company… more

CrossFirst’s Maddox Promoted

Mike Maddox will become president and chief executive officer officer of the CrossFirst Bankshares holding company starting on June 1. He is currently in those roles at  Leawood-based CrossFirst Bank. Maddox, who has been president of the bank since 2008,… more

GM Fairfax Reopening June 1, Following Ford

Ford's plant in Claycomo reopened yesterday, and across the state line, GM's Fairfax plant is set to open its doors again on June 1. Both have been closed since March. The facilities will have social distancing, face masks, and temperature… more

Restaurant Industry Wants More Time for PPP Loans

Leaders in the restaurant industry want more time to spend PPP loans, increasing that window from eight to 24 weeks. They met with President Donald Trump and said that they were concerned about various social distancing rules in states and… more

Gov. Kelly Meeting With President Trump

Kansas Gov. Laura Kelly is scheduled to meet with President Donald Trump on Wednesday to talk about the state's reopening process and an effort to get more tests. "Our continued emphasis is on protecting Kansans' health and well-being, and helping… more

Powell Says Vaccine Needed for Recovery

Federal Reserve Chairman Jerome Powell reportedly said that there might not be a full economic recovery in the United States until a vaccine is developed against COVID-19. However, he also said he expects the economy to have a full rebound… more

Mortgage Rates at a Record Low

The rate of a 30-year fixed mortgage just fell to 3.09 percent, due to a combination of factors happening in the economy, such as a steep decline in retail sales and other problems with the economy. Meanwhile, as of May… more

Retail Getting Clobbered

Retail sales beat another unfortunate record in April, with sales falling a record 16.4 percent from the previous month.  The March decrease of 8.3 percent was already the biggest decline on record, according to data tracked by the U.S. Census… more

J. C. Penney Restructuring Plan Includes REIT

Retailer J. C. Penney, which filed for bankruptcy on Friday, is creating a real estate investment trust to spin off its real estate assets to pay off debt. "By entering this restructuring support agreement with our lenders, we expect to… more