Kansas

Team Drive-Away Has a New Private-Equity Owner

Olathe-base Team Drive-Away, a commercial vehicle logistics provider specializing in Class 8 truck drive-away delivery, was sold by one private-equity firm to another. The Washington, D.C.-based Carlyle Group acquired the company, which is number 97 in the Ingram's Corporate Report… more

Country Club Bank Snaps Up Olathe’s Bank of the Prairie

The Kansas City-area local bank mergers keep coming. Country Club Bank parent CCB Financial is purchasing Olathe-based Bank of the Prairie, in a deal expected to close during next year's second quarter. It's the latest in a string of deals… more

Mark Brandmeyer Close to Owning T-Bones

A day after the Kansas City T-Bones baseball team's ownership said it close to selling the franchise, a potential buyer has stepped in to make the purchase, pending government approval. A venture by Mark Brandmeyer, a partner at Built Interior… more

GM Strike Agreement Reached in Wake of Economic Setbacks

General Motors and the United Auto Workers have come to a tentative labor agreement that could end plant strikes around the country, including the General Motors Fairfax Assembly plant, in Kansas City, Kan., where workers have been picketing since mid… more

KC Area Leads Kansas Job Growth

Kansas counties in the Kansas City metropolitan area led the rest of the state in job growth over the past year, according to the recently released Kansas Department of Labor (KDOL) 2019 Kansas Economic Report. Total employment in the area,… more

KC Demand for Office, Industrial Space Remains Steady in Q3

Tenants in the office and industrial sectors of commercial real estate haven't stopped leasing space in 2019, despite a lot of chatter about a coming slowdown in the U.S. economy, according to new reports by brokerage firm JLL. On the… more

Forever 21 Closing Three Area Locations as Part of Bankruptcy

Fast-fashion retailer Forever 21, which filed for bankruptcy over the weekend and announced plans to close 178 locations, and three of them are in high-profile Kansas City-area shopping centers, according to court documents filed today in the United States Bankruptcy… more

Agriculture Must Look Off the Farm for Workforce Talent

There are more available jobs than there are required people to fill them in the United States, and the agriculture industry is at the extreme end of that scale. Only 60 percent of professional job listings in agriculture are filled… more

State AG Lawsuits Against Sprint, T-Mobile Merger Keep Coming

Pennsylvania is the latest state to join a coalition of 18 attorneys general suing to challenge Sprint's merger with T-Mobile, and an analyst said that if they are successful in court, T-Mobile would likely back out of the deal.  “The… more

Hyperloop, Promising 30-Minute Trips to St. Louis, Unveils Pod at American Royal

     An example of what could one day shuttle passengers to St. Louis in 30 minutes made an appearance at the American Royal World Series of Barbecue last weekend. Virgin Hyperloop One, which is currently testing magnetic high-speed transit… more