Kansas

Is J.Crew Bankruptcy Just the Beginning?

J.Crew, which has namesake locations on the Country Club Plaza and Leawood, as well as Madewell locations in those areas and a factory store in Legends Outlets Kansas City, has filed for bankruptcy. Industry watchers say that J.Crew won't be… more

Treasury Borrowing $3T As Part of Stimulus

The U.S. Treasury will reportedly borrow $3 trillion this quarter, most of it related to COVID-19-relief stimulus programs, reportedly making the government's debt about $25 trillion. Next quarter, the department also plans to borrow "$677 billion in privately-held net marketable… more

Report: COVID-19 Deaths To Hit 3,000 Per Day

Deaths per day in the United States from COVID-19 could hit 3,000, said a report by the U.S. departments of Homeland Security, and Health and Human Services. The agencies also said that cases could hit 200,000 per day by the… more

Orbis Biosciences Acquired

Lenexa-based Orbis Biosciences was purchased by New Jersey-based Adare Pharmaceuticals. Adare made the purchase to improve its tech pharma business.  “The acquisition by Adare will globalize the reach of our technologies and services,” said Maria Flynn, president and CEO of… more

KU Planning Fall Reopening

The University of Kansas could resume operations at its Lawrence campus in the fall, depending on guidelines from state and county health officials, said the school's top administrators. So far, only essential staff have returned to work following Kansas' expiration… more

Business Reopenings Come With Caveats

Kansas City and much of the surrounding area is getting back to work today—incrementally—but it won’t be a return to business as usual. Conditional authorization is now in place from Kansas City, Mo., for businesses to emerge from a coma… more

KS, MO Hospital COVID Aid Hits $800 Million

Kansas and Missouri hospitals are reportedly receiving about more than $800 million in combined funding from the federal government to help combat economic financial hardships due to the COVID-19 pandemic. On the Missouri side, hospitals will be receiving $412.5 million,… more

Buffett Drops Airline Stocks, Big on Furniture Mart

Berkshire Hathaway, Warren Buffett's investment company, has sold its shares of the four largest airlines after taking a $50-billion loss during its most recent quarter. However, the company still has $137.3 billion in cash. "The world has changed for the… more

New-Business Applications Down in KS, MO

Kansas and Missouri both saw double-digit-percentage declines in small-business applications, following suit with much of the rest of the country. Missouri applications were down just under 19 percent from their five-year average so far in 2020, making it the state… more

More PPP Funding Might Occur

A third round of Paycheck Protection Program funding might from the Small Business Administration might be needed soon, according to the head of the National Economic Council. “We waited a little bit too long, I thought, when the last tranche… more