Platte County

Cerner Revenue, Earnings Rise

Kansas City-based healthcare-tech giant Cerner reported that it had increases in sales and earnings during its first quarter, despite impacts other businesses have sustained during the COVID-19 pandemic. However, executives lowered their earnings-per-share guidance for the year to between $2.78… more

Truman Medical Center Announces Pay Cuts

Truman Medical Center will cut the pay rates of its staff, with executives taking the largest decrease, at 20 percent, due to COVID-19-related revenue declines. The move follows major furloughs and pay cuts at Children's Mercy Hospital that were announced… more

MO Extends State of Emergency, Planning Business Reopen

Today Missouri Gov. Mike Parson is expected to release details about the stay-at-home order expected to expire on May 4 and how businesses can reopen in phases in the state. The stay-at-home order is in place in Kansas City until… more

UMKC Planning for Campus Reopening in Fall

The University of Missouri - Kansas City is planning for students to physically return to campus in the fall and also said that layoff notices to staff would start going out on May 1. The move, announced during a virtual… more

KC Fed Manufacturing Survey Hits Record Low

The Federal Reserve Bank of Kansas City's month manufacturing survey examining the region had its lowest reading in its history since launching in 1994. “Regional factory activity continued to decline in April, with our composite index falling to the lowest… more

Furloughs, Exec Pay Cuts at Children’s Mercy

Children's Mercy Kansas City is furloughing 575 employees for 60 days and executives are taking pay cuts as a result of business loss from COVID-19. The pediatric health system is losing about $1 million in revenue per day, as surgeries… more

Clay County Amends Stay-At-Home Order to May 3

Clay County has rolled back its stay-at-home order from May 15 to May 3, despite Kansas City, Mo., and surrounding counties sticking with the original date. A county order said: stay-at-home measures "have demonstrated having a measurable impact on reducing… more

March Traffic at KCI Cut in Half

Year-over-year passenger traffic in March was down 52.8 percent, according to the KC Aviation Department, as 480,690 passengers arrived and departed from the facility during the month. Passenger boardings dropped 55.2 percent, to 227,860, while year-to-date boardings fell 21.4 percent.… more

StorageMart Buys Go Storage in Downtown KC

StorageMart, based in Columbia, Mo., added more than 310 climate-controlled storage units to its portfolio with the purchase of Go Storage in Downtown Kansas City, which totals 21,720 square feet. Recently renovated with a new elevator was installed, the facility… more

Q&A With … Conner Beese, Copaken Brooks

Conner Beese is a broker at Copaken Brooks who specializes in the office market. He talked about how leasing has changed in the COVID-19 era. Q: Are there deals going on right now, and if so, what kinds of tenants… more