Missouri

Regional renters receive $30M in federal rent assistance

A wave of financial relief have been delivered to Kansas City area renters thanks to a relief package passed by Congress last month. Passed legislation has approved the distribution of $25 billion in rental assistance to renters across the U.S.… more

Mo. lawmakers to discuss business protections Tuesday

Today Missouri lawmakers will talk through several bills that deal with the coronavirus and small businesses. The meeting stems from the recent crackdowns on Missouri businesses who are not enforcing health department guidelines. Numerous bars across the state have been… more

Metro-based MGP Ingredients makes $475M acquisition

MGP Ingredients Inc. out of Atchison, Kan. reached an agreement to acquire St. Louis-based Luxco Inc. in a cash-and-stock deal valued at $475 million. Founded in 1941, MGP is considered a leading supplier of premium distilled spirits, contracting recognizable brands… more

Chiefs beat Bills, to take on Bucs in Super Bowl LV

A Chief's win on Sunday will send the team to Tampa, Fla. on Feb. 7, 2021 to play against the Buccaneers in Super Bowl LV. While COVID-19 has put a damper on celebrations and a potential big boost in spending,… more

Over half of Missouri employers expect reset, return of pre-COVID staffing levels by year-end

Most Missouri employers report workforce fluctuations because of COVID-19 but just over 50 percent expect to be back to pre-COVID staffing levels by the end of 2021, according to a statewide survey by the Missouri Economic Research and Information Center.… more

Missouri, Kansas hold low in cost of living

Not for the first time, Missouri had one of the lowest cost-of-living ratings in the U.S. for the third quarter of 2020. The Show-Me State had the fifth-lowest rating, according to the Missouri Economic Research and Information Center’s cost-of-living index, at… more

Bankruptcy halted for AMC with new equity, debt capital

Bankruptcy appears to be out of the question for AMC Entertainment Holdings Inc., according to CEO Adam Aron in a Monday news release. The release said the theater chain has raised more than $900 million in new capital since mid-December… more

Coping with COVID: Missouri among lowest in nation for rate of distribution of COVID-19 vaccine

According to the data, 4.4 percent of people in Illinois have received the first shot, which ranked 44th of the 50 states. Both Missouri and Illinois are below the percent for the entire country. As of Sunday, 5.6 percent of… more

Kansas City office market vacancy rates fair better nationally in 2020 as tenants, investors hold on

A lesser impact overall reflected in data on the Kansas City office market show the minimal impact will lead the region toward quicker healing. According to a Q4 report by JLL, although negative absorption and increasing vacancy and availability was seen… more

January Rural Mainstreet Index ticks up in Mo. and Kan., bankers concerned about inflation in 2021

The Creighton University Rural Mainstreet Index (RMI) climbed above growth neutral across the 10-state region. The overall index for January rose to 52.0 from December’s 51.6 (the index ranges between 0 and 100 with a reading of 50.0 representing growth… more