Overland Park
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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Tenants in the office and industrial sectors of commercial real estate haven't stopped leasing space in 2019, despite a lot of chatter about a coming slowdown in the U.S. economy, according to new reports by brokerage firm JLL. On the…
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Fast-fashion retailer Forever 21, which filed for bankruptcy over the weekend and announced plans to close 178 locations, and three of them are in high-profile Kansas City-area shopping centers, according to court documents filed today in the United States Bankruptcy…
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Pennsylvania is the latest state to join a coalition of 18 attorneys general suing to challenge Sprint's merger with T-Mobile, and an analyst said that if they are successful in court, T-Mobile would likely back out of the deal. “The…
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A combination of 15 independent smart-home design firms from around the country have joined forces to form a single entity with a national reach. Based in Overland Park, Bravas LLC was recently put together with $75 million in financing by…
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A regular occurrence we are seeing in business nowadays is a bevy of firms proving that a "business as usual" approach to running industries won't fly anymore. It's becoming commonplace for firms' businesses to be based on finding where a…
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Commercial real estate investor Brain Group recently purchased a three-building office complex in Overland Park, near Interstate 435 and Metcalf Avenue, for $22.8 million. At 81-percent leased, the building is a bit below the submarket average of about 91 percent,…
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Businesses expecting special tax incentives to make a move from South Kansas City to Overland Park, or from Lee's Summit to Lenexa, are out of luck. Kansas Gov. Laura Kelly and Missouri Gov. Mike Parson just signed an agreement between…
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[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…
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