Kansas
Congress will reportedly consider a new stimulus bill within the next month, and Senate Majority Leader Mitch McConnell reportedly said it would be the last stimulus for businesses due to COVID-19-related losses. The House has already passed a bill called…
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SpaceX, the private company owned by Elon Musk, successfully launched two astronauts to the International Space Station over the weekend. If astronauts Doug Hurley and Bob Behnken make it back to earth safely, it could pave the way for commercial…
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Kansas City's homicide rate is up year over year, and the Kansas City Police Department is trying to alleviate problems in the face of the riots in Minneapolis. It said via Twitter that: "We are reiterating to our officers our…
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The University of Kansas Athletics department is seeing more extensive pay cuts, following men’s basketball coach Bill Self, football coach Les Miles, and athletic director Jeff Long taking 10 percent reductions in salary. Now, employees earning more than $300,000 a…
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Costco Wholesale Corp. saw net sales rise by 7.3 percent, to just under $36.5 billion, while same-store sales in the United States rose 5.9 percent. However, net income did drop year over year, to $838 million from $906 million. Costco…
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Congress is meeting for a two-day session to discuss changes to Paycheck Protection Program loans for small businesses. The proposed legislation would give small businesses more time to use federal subsides for payrolls and other business costs. Senate Majority Leader…
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Paul Holewinski is the president and chief executive officer of Academy Bank. Q. What are you seeing in terms of loan-request volume since COVID hit? A. Loan volume and applications have been down the last 60 days as businesses try…
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Boeing is laying off 6,770 employees, which will reportedly reduce the aircraft manufacturers' headcount by 10 percent. “Following the reduction-in-force announcement we made last month, we have concluded our voluntary layoff (VLO) program,” CEO Dave Calhoun said in a memo…
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About 31 percent of small businesses have closed during the pandemic, and only 45 percent will hire back their workers, according to a Facebook survey. But more than half of those companies are encouraged by the reopening of the economy…
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Just over 2.1 people filed for unemployment insurance for the week ended May 23, which was a decline of 323,000 from the prior week. The insured unemployment rate actually dropped to 14.5 percent, which was a decline of 2.6 percent,…
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