Missouri


Stifel Acquiring Core George K. Baum Business

George K. Baum & Company, a Kansas City-based investment bank focused on public finance and taxable fixed income sales and trading, is selling its core business functions to St. Louis-based Stifel Financial Corp. Baum's business specializes in underwriting and other… more

Gov. Parson Has a Democratic Challenger

Missouri State Auditor Nicole Galloway, a Democrat, has put her hat in the ring to challenge Republic Gov. Mike Parson for the office in the August of 2020 election. Galloway, from Columbia, late last month publicly asked Parson to take… more

Cerner Teams With Developer to Offer Seniors Housing Care

Cerner Corp. is partnering with commercial real estate developer LifeCenters Communities, to offer health and wellness clinics within independent and assisted-living facilities. Called VIA Centers, these facilities will have primary care physicians, dieticians, chiropractors, fitness and health coaches, as well… more

Border War Not Quite Over: Hostess Moving Headquarters to Kansas

Politicians on both sides of the state line have said that they plan not to offer tax incentives to businesses moving their operations between Kansas and Missouri, but Hostess Brands has skirted those newly agreed-to rules, and management just announced… more

VIDEO: Expect Recessions When Making Portfolio Decisions

Investors shouldn't worry about if a recession will come or when it occurs because they're inevitable, says Eduardo Repetto, chief investment officer of American Century Investments’ newly launched Avantis Investors. He will be featured in Ingram's magazine's August edition in… more

White Flags Flying in Border War

[caption id="attachment_22474" align="alignleft" width="443"] Mayor Lucas[/caption] The use of tax incentives to lure companies across the state line in the Kansas City metro area is a practice that seems to be on the cusp of ending. New Kansas City Mayor… more

Insurance/Benefits Broker Truss Sold to Hub International

Chicago-based Hub International Limited announced this morning that it had acquired Truss, one of the Kansas City region's largest private insurance brokerages.  Terms of the transaction were not disclosed. [caption id="attachment_22482" align="alignleft" width="140"] Paul Cohen[/caption] Truss, formerly known as Cretcher… more

Lucas Inauguration Stresses Infrastructure Improvements

Kansas City's new mayor, Quinton Lucas, made his inauguration speech today, and touched on infrastructure issues that are vital to the metro's business community. He mentioned the new terminal at KCI Airport, which recently underwent the demolition of Terminal A,… more

Jackson County Property Tax Appeal Extended

Property owners in Jackson County now have until Sept. 3 to appeal the assessments of their properties' value calculated earlier this year by the county. The county's Board of Equalization voted today for the extension, which comes after a public… more

Waddell & Reed Laying Off 150 In Midst of HQ Relocation Plans

Overland Park-based Waddell & Reed is laying off about 150 people in its transactional-processing operations and will outsource those positions, the investment-management company's officials said during its second-quarter earnings call.  The layoffs and move toward outsourcing are expected to be… more