Missouri

UMKC Capital Campaign Roars Past Goal

Seven years ago, the Campaign for UMKC launched with an ambitious goal of raising $250 million. Today, officials announced, that the University of Missouri-Kansas City had surged past that mark by more than 20 percent, with $302,534,370 raised. The university… more

Topeka Airport Seeks a Return of Passenger Flights

A consulting group specializing in air service development has determined that conditions in Topeka might be ripe for a return of passenger flights to Topeka Regional Airport, which hasn’t seen passenger flights since 2014. According to the study by Sixel… more

KCRise Fund Has $10 Million in Commitments

The KCRise Fund—an initiative of the KC Rising effort to fully realize the Kansas City region’s economic potential—announced today that it has closed on an initial $10 million in commitments from area investors.  KCRise was established, “as a solution to… more

Fed Votes to Hold the Course on Interest Rates

While saying “the case for an increase in the federal funds rate has strengthened,” the Federal Reserve announced today that it will not make a rate change at this time. The Federal Open Market Committee, which is charged with setting… more

UMB Bank to Acquire $76 Million in HSAs

UMB Bank has agreed to acquire approximately 40,000 Health Savings Accounts (HSA) from the Bancorp, Inc., as part of Bancorp’s ongoing moves to exit the HSA business. Deposits and investment assets related to the accounts are reported at $76 million.… more

Missouri Supreme Court Says Voters Will Decide on Cigarette Tax Hike

The Missouri Supreme Court ruled unanimously today that voters will get to decide on raising cigarette taxes. The measure will appear on the ballot for the November 8th election, asking voters to weigh a proposed constitutional amendment that would phase in… more

Missouri’s Private Employers Up More Than 8,700

The Missouri Department of Economic Development says the state added 8, 742 private sector employers between 2014 and 2015. Over that same period, 18,342 new businesses were formed in the state “Our low taxes, competitive business incentives, top-notch talent, access… more

Company with Overland Park Presence Being Sold

Penton, a New York-based information services company with offices in Overland Park is to be acquired by the business intelligence company Informa. Penton is being sold by MidOcean Partners and Wasserstein & Co. for $1.56 billion.   more

Missouri Invests $1 Million in Savannah, MO Kids

The Missouri Department of Economic Development, through the Missouri Start Smart initiative, will authorize a $1 million grant to the City of Savannah for the improvement of early childhood education. The funds will be used to construct a new Early… more

Housing Starts Up in Midwest but Down Overall

The Commerce Department announced today that housing starts in the US fell 5.8 percent in August to their lowest level in three months, due largely to a 14.8 percent decrease in the South. Building activity increased in the Northeast (7.6… more