Kansas

Restaurant Industry Seeks Bailout From Congress

The restaurant industry has had widespread strife since stay-at-home orders were put into place in states across the country, and now the National Restaurant Association (NRA) lobbying group is asking Congress for funding. The group is reportedly asking Congress for… more

Oil Trades at Lowest Rates in History

The oil industry is among those feeling pain due to COVID-19, and futures prices have dropped to below zero for the first time ever in history. The West Texas Intermediate fell to negative $37.63 per barrel for May, which means… more

Cheesecake Factory Getting $200M Cash Infusion

Restaurant chain The Cheesecake Factory, with two prominent area locations, has received $200 million in financing from a private investment group. The company, based in California, has locations in the Country Club Plaza, as well as one on 119th Street… more

Regents Approve Tearing Down Shockers’ Cessna Stadium

The Kansas Board of Regents has approved the demolition and replacement of Cessna Stadium, where the Wichita State Shockers host track and field events, and replacing it with another facility. The former football stadium is three-quarters of a century old,… more

KS, MO Both Facing Major Budget Shortfalls

The State of Kansas is predicting major budget shortfalls due to income taxes not being filed until the next fiscal year, and Gov. Laura Kelly has announced that no new positions will be filled with the state and all discretionary… more

Regents Approve New Multi-Pronged K-State Institute

The Kansas Board of Regents has approved a new Global Food, Health and Biosecurity institute that "will focus on exploring how Kansas State University can and will lead through teaching, research and service to address these challenges," according to Provost… more

Greater KC, Wyandotte County United Ways Merging

The United Way of Greater Kansas City and the United Way of Wyandotte County are set to merge. The boards of both organizations have decided to combine on July 1 after studying the measure for a year. The United Way… more

Q&A With … Sloane Gage, Workforce Partnership

Sloane Gage is the director of program and resource development at Workforce Partnership, which services employers and job seekers in the Kansas City metro area. She spoke about the challenges being faced during COVID-19. Q: What are you hearing from… more

Tallgrass Shareholders Approve $4B Buyout

One of the biggest deals of 2019 has closed. Shareholders of Leawood-based Tallgrass Energy, LP, have approved the $4-billion sale of the company to private-equity giant Blackstone, Spain-based energy corporation Enagas and other interests. The investors paid $22.45 each for… more

Waddell & Reed HQ Move Gets Final Council Approval

The city council of Kansas City recently gave final approval Waddell & Reed's headquarters move from Overland Park to Downtown Kansas City. In January, wealth-management firm signed a lease to go into a new 18-story 260,000-square-foot building at 1400 Baltimore… more