Missouri
Following the announcement of the departure of Whitney Bartelli as president of Bank Midwest, a Thursday announcement revealed that Nicole Van Denabeele will fill the role as president, effective immediately. According to the announcement, Bartelli will stay through Friday, Sept. 11…
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According to data from the Federal Deposit Insurance Corp. (FDIC), which holds a record on the amount of Paycheck Protection Program (PPP) loans made by banks nationwide, shows that Kansas City area bank put billions back into the local economy…
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The first week of September brought in shows that for the week ending Sept. 5, the advance figure for seasonally adjusted initial claims remain unchanged from the previous week. As of Sept. 5, the week’s seasonally adjusted initial claims was…
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When it comes manufacturing industry health in Kansas and Missouri, Kansas appears to earn a higher grade, according to a Manufacturing Scorecard 2020 released by Ball State University’s Center for Business and Economic Research. Showing how each state ranks among…
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Class I railway operator Kansas City Southern has rejected a bid from private equity investors Blackstone Group Inc and Global Infrastructure Partners, according to a Wednesday report from The Wall Street Journal. With a market capitalization estimated to be over…
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Hospitals and healthcare systems were no exception to the list of industries facing financial hardship this spring due to COVID-19. Within Missouri, at least three different hospitals announced furloughs as part of their cost-reduction strategy, including local Children's Mercy in…
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Young, yet well-established BacklotCars has been acquired by KAR Auction Services in a deal worth $425 million. Headquartered in Kansas City, Mo., BacklotCars began serving dealers in 2015 through its app and web-based dealer-to-dealer wholesale platform. In its short five…
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Applications for Missouri’s second round of the Emergency Broadband Investment Program have opened, according to a Tuesday news release from the Department of Economic Development. The investment program is said to be open to provide $2 million in funding to…
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Over the last few months, it would appear many individuals and families have left the urban living scene. While the trend has rung true for certain areas of the U.S., by and large data shows that suburban housing markets have…
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The last week of August revealed that sellers are continuing to drive the housing market, according to a report from Zillow. Market supply remained on the low while the number of buyers remained high, buyers finding themselves with fewer options…
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