Kansas

COVID-19 Deaths Vary in KC Metro by County

The Kansas City Metro area has seen varying reports of COVID-19, depending on the county that people live in, which is also indicative of the counties that people live in and their respective populations. Here are the current number of… more

GDP Sees Biggest Drop Since Recession

Gross Domestic Product fell 4.8 percent during the first quarter, which reportedly the first quarterly decline since 2014 and the biggest drop since the first quarter of 2008, when it dropped 8.4 percent. The U.S. Bureau of Economic Analysis says… more

Garmin Quarter Strong in Face of COVID-19

Garmin was a rare bright spot in public-company earnings during its first quarter despite an economy challenged by COVID-19. The Olathe-based GPS-device maker saw earnings per share rise 25 percent quarter over quarter, while revenues were up 17 percent year… more

UMB Posts Rare Quarterly Loss

UMB Financial Corp. reported a loss of $3.4 million during its first quarter, a sharp contrast from its other recent financial periods. During last year's fourth quarter, the bank's earnings were $66.5 million, and it brought it $57.7 million over… more

Contractor Confidence Hits Record Low

Expectations for sales, profit margins and staffing levels expectations fell below the threshold of 50 for the first time in the history of the  Associated Builders and Contractors (ABC) Construction Confidence Index. Sales expectations, due to COVID-19, decreased from 68.3… more

Hotel Industry Asks Congress For Aid

The hotel industry, which has been plagued by the impact of COVID-19 and seen its occupancy plunge due to a severe downturn in travel and business meetings, is asking Congress for help. In a letter to Congress, the American Hotel… more

Euronet Worldwide Expands in U.S. With Acquisition

Euronet Worldwide might be based in Leawood, but most of the consumer financial services it provides, such as banking ATMs, are found overseas. That is changing with its acquisition of Dolphin Debit, a full-service ATM outsourcing company with 1,900 of… more

Seaboard Reports $103M Loss

Merriam-based Seaboard Corp. reported a $103 million loss during its most recent quarter, a big drop from the same year-ago period, when the company earned $57 million. Net sales did rise, hitting about $1.7 billion from $1.5 billion last year.… more

Retailer Curbside Pickup Soars During COVID-19

Goods ordered by consumers and picked curbside at stores saw a dramatic increase between April 1 and April 20, shooting up by 208 percent from the same year-ago period, according to Adobe Analytics. The news is welcome for a retail… more

Top KC-Area Financial Execs Talk COVID-19

Both Commerce Bancshares and Waddell & Reed Financial released their quarterly earnings today, and COVID-19 impacts on their businesses were top of mind for their executives. In the case of Kansas City-based Commerce, which saw net income fall to $51.9… more