Kansas

New Relief Bill Heading to White House

The House of Representatives has passed a $484-billion relief bill that would fund small businesses and hospitals, and now the measure goes before President Donald Trump. The bill includes $320 billion to replenish the Paycheck Protection Program (PPP) for small… more

Citi Says Bear Market Here a While

A team of Citigroup analysts said that there will be a bear market in the U.S. investment market for some time to come. “All bear markets include false rallies, often associated with supportive monetary policy. But markets only find a… more

House Of Representatives Voting Today on Relief Bill

The House of Representatives today is set to vote on a $480-billion bill that would give relief to small businesses and hospitals. The Senate approved the measure earlier in the week, and President Trump is expected to sign the bill,… more

SBA Issues New PPP Guidance

The Small Business Administration today issued new guidance for its Paycheck Protection Program. It's new guidance had verbiage that would make it less likely for large companies and institutions like the burger chain Shake Shack, which has a location in… more

Q&A With . . . Mark Larrabee, Arvest Bank

Mark Larrabee is the president and chief executive officer of the Kansas City market for Arvest Bank. He talks about SBA stimulus loans and their distribution process. Q: Have you heard yet from the SBA about any adjustments to PPP… more

March New-Home Sales Drop 15.4%

New-home sales in March fell 15.4 percent from February and were down 9.5 percent from the same year-ago period, according to the U.S. Census Bureau. There were 627,000 new homes sold last month, 333,000 new houses for sale, and the… more

Shawnee Industrial Park Gets $50M Bond Approval

The City of Shawnee recently approved a $50-million bond issuance for the construction of Heartland Industrial Park, which is set to be underway this year. The 186-acre development, to eventually total two million square feet would reportedly bring 1,500 jobs… more

Another 4.4 Million File for Unemployment

Just over 4.4 million people filed for unemployment insurance for the week ended April 18, putting the insured unemployment rate at 11 percent, though many estimates place that number much higher. The 11 percent is 2.8 percent  higher than the… more

EPR Properties Sees Rent-Payment Dive

Kansas City-based EPR Properties, which operates experiential real estate properties in 44 states, such as entertainment centers with cinemas, has only received 15 percent of rent payments from tenants so far in April. As result, EPR is deferring rent payments… more

Centene Nabs KS Department of Corrections Contract

Centene Corp. announced that its subsidiary Centurion has been awarded a contract by the Kansas Department of Administration to provide healthcare services in the Department of Corrections facilities.   The two-year contract is expected to start on July 1 and… more