Kansas


In a Nutshell: Is This the New Mission of Corporate America?

Many of my Wall Street colleagues recently shared concerns about proposed board diversity plans. Differences of opinion between those advocating for greater corporate diversity and those seeing it as an industry quota system have created tensions.  Other arguments played out… more

Jobless claims sink once again

In the week ending April 17, the advance figure for seasonally adjusted initial claims was 547,000, a decrease of 39,000 from the previous week's revised level. This is the lowest level for initial claims since March 14, 2020 when it… more

Closed Saint Luke’s hospital in Leavenworth to get new tenant

Renovations will soon begin on a vacant building in Leavenworth, Kan. once known as Saint Luke’s Cushing Hospital. The health system announced in summer 2020 it would be closing the hospital, citing financial strain. Its doors officially closed in October… more

Grain Belt Express progress on slow roll

The Grain Belt Express is starting to acquire land along its route spanning across nearly the width of both states. Despite the start, landowners, local officials and some Missouri lawmakers continue to push back, arguing the project will be destructive… more

Coping with COVID: Seven-day rolling average for Kansas COVID cases lowest in over a year

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Metro tech startup receives $41M capital infusion

Overland Park-based Replica experienced explosive revenue growth last year, and now it’s generating another win: raising $41 million in Series B funding.  San Francisco-based venture capital firm Founders Fund led the round and was joined by existing investors such as… more

SBA prepares to launch $28.6B Restaurant Revitalization Fund

A launch is set to take place in the near future of the Restaurant Revitalization Fund through the Small Business Administration (SBA).  Its upcoming start follows closely behind the rollout of the Shuttered Venue Operators Grant program (SVOG), which has… more

Leawood-based Stackify sells to IT company Netreo

Leawood-based Stackify LLC sold to Netreo Inc., a Huntington Beach, California, company that developed an award-winning platform for IT infrastructure management. Financial details were not disclosed.  Founded in 2012,  Stackify created developer-centric software for monitoring an application's performance, and detecting… more

Kansas City metro to add $100M logistics park

International commercial real estate developer Scannell Properties has launched the first phase of the Compass 70 Logistics development on 157 acres in Bonner Springs, Kan. The multi-phase, $100 million industrial development could include three buildings totaling 2 million square feet… more

In a Nutshell: A Trillion Here and A Trillion There

The second quarter of 2021 is off to a blazing start, with the S&P 500 Index pushing above 4,000 on the heels of President Biden's so-called infrastructure plan update.  In the weeks or months ahead, the market focus may turn… more