Overland Park
Pinnacle Regional,in Overland Park, is apparently shutting its doors after filing for Chapter 11 bankruptcy protection. In a recent letter to employees, the company's Chapter 11 trustee said that it is closing due to “unforeseen and unexpected business circumstances, including…
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Coming off a year when revenues fell 18.75 percent, Ferrellgas, L.P. has announced two offers for a combined $700 million in senior secured first-lien notes that will earn 10 percent through their 2025 maturation dates. Last week, the nation's second-largest…
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Johnson County is furloughing 264 employees and will cut its fiscal year 2020 budget by $18.8 million and deferring another $2.3 million in expenditures for at least a year. The furloughed employees are in Johnson County government, the Johnson County…
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Holding company Stone Canyon Industries Holdings (SCIH), based in Los Angeles, has closed on the the $2 billion acquisition of Overland Park-based Kissner Group Holdings, a commercial evaporated-salt producer. "We look forward to applying our long-term growth-oriented business model to…
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Rents paid for housing in the Kansas City metro area over the last decade hit a total of $24.3 billion, according to a recent analysis by home-selling site Zillow, and the total amount paid this year were 69.1 percent higher…
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Overland Park-based Waddell & Reed plans to move its headquarters to Downtown Kansas City, and it's not planning to go into the proposed Strata development. The city's Neighborhood Planning and Development committee passed a package of incentives for the move,…
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Creative Planning has made its third acquisition of the year, this time buying OptiFour, an investment adviser with $400 million in assets under management, based in McClean, Va. In February it bought the Minneapolis-based Johnston Group, which had $500 million…
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Wealth-management firm Creative Planning is set to break ground on its Overland Park headquarters-campus expansion. The company is adding 108,000 square feet to its footprint, bringing the total square footage to 335,750 square feet. Creative Planning moved into its current…
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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…
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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,…
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