Kansas
There might be $450 million more on the way for small-business and hospital relief if the measure is approved by Congress. The Senate is scheduled to meet today, and the House could vote as early as Wednesday, according to an…
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Kansas has performed less COVID-19 tests than states with similar, or even smaller, populations, according to a recent partnership between the U.S. Census and other organizations, including this heat map, which shows the number of tests per state. As of…
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A day after the new Paycheck Protection Program depleted its $349 billion allocation, Sen. Jerry Moran of Kansas said today he was hopeful Congress would move quickly to add more funding to help companies cash-strapped by the COVID-19 pandemic. “It…
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National electronics chain Best Buy, which operates eight stores in the Kansas City Metro area, is furloughing 51,000 hourly employees and nearly all of its part-time workers. The retailer switched to curbside-only business on March 22, due to COVID-19, and…
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The Small Business Administration yesterday announced that its $349-billion Paycheck Protection Program has been wiped out. But at least one area lender is seeing an increase in loan allocation. UMB Bank has recently processed 3,000 applications totaling $1.4 billion. "It’s…
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President Donald Trump has released a three-phase advisory plan for states to reopen the country. For states to start reopening, the policy says, there needs to be downward trajectory of COVID-19 cases over a 14-day period, the ability for hospitals…
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A regional report by the Johnson County, Kan., government says that 88 percent of 2,339 area hospital beds in nine area hospitals are in use. When looking at intensive-care unit beds, the report found that 47 percent of those are…
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Kansas City-based Commerce Bancshares is paying dividends to shareholders still, despite challenges posed to the economy due to COVID-19. The company just declared a quarterly dividend of $0.27 per share for common stock, and payments are expected to be paid…
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Before COVID-19 hit, the commercial real estate lending market was sure on a strong run. A record $600.6 billion of commercial real estate and multifamily loans in 2019, according to the Mortgage Bankers Association's (MBA) 2019 Commercial Real Estate/Multifamily Finance…
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U.S. Treasury Secretary Steven T. Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza calling for Congress to appropriate more funds toward the Paycheck Protection Program and Economic Injury Disaster Loan Program, due to the havoc that COVID-19 has wreaked…
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