Kansas

Sprint Losses Near $400M So Far This Year

Sprint Corp. reported a net loss of $274 million during its fiscal-year second quarter, bringing its year-to-date total losses to $393 million. That's quite a contrast from the same period last year, when Sprint earned $380 million. The company recently… more

UBS: ‘Proceed With Caution’ In This Economy

No, there isn't a sure sign of a recession hitting the U.S. economy any time in the near future, but investors should be aware that there are some elements in place that could create a slight downturn, or at least… more

Cerner Partners With Uber for Patient Transportation

Cerner Corp. has formed a partnership with Uber Health, a division of the ride-sharing giant, to provide rides to healthcare appointments for patients lacking adequate transportation.  The program will link patient location and contact information, from Cerner's database of 200… more

Academy Bank Closes KCB Deal

The parent institution of Academy Bank has closed on its acquisition of KCB Bank from Kearney-based Bancshares of Missouri. KCB had just under $243.2 million in assets as of the end of June.  Academy, owned by Dickinson Financial Corp., adds… more

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