Kemper: How UMB topped $1B in annual revenue for the first time
For UMB Financial CEO Mariner Kemper, what got the bank to this milestone will be the same ingredients that push it to the next milestone.
View ArticleOn the Money: Hale economy buoys area banks' earnings, loan quality [CHART]
Kansas City-area banks continue to see the economy boost their results, as earnings go higher and loans grow healthier in the first quarter. It's our quarterly bank chart tracking all the banking...
View ArticleBKD launches ‘Red Team’ to combat cyberattacks
To better defend clients against the ever-increasing threat of cyberattack, BKD LLP launched a new service called the BKD Red Team.
View ArticleThe early retirement dilemma: lump sum or pension payments?
An increasing number of people are being offered early retirement incentives, presenting them with a choice: Take a lump-sum payment, or join a company pension plan. But which is best? The short answer...
View ArticleAgspring buyers add two more counts in fraud case against former owners
The current owners of Kansas City-based Agspring added new accusations to a fraud case against the founders that seeks more than $150 million in damages.
View ArticleFerrellgas won't be discussing its $2B debt problem
Ferrellgas Partners LP no longer will talk publicly about how it will handle its heavy debt burden, suspending all conference calls with analysts and investors. Overland Park-based Ferrellgas (NYSE:...
View ArticleH&R Block will spend $405M on a small business solutions platform
Kansas City-based H&R Block Inc. (NYSE: HRB) reached an agreement to acquire Wave Financial Inc. for $405 million in cash, pending regulatory approval. Wave Financial is a rapidly growing small...
View ArticleShook Hardy expands into another major U.S. city
Shook Hardy & Bacon LLP opened a new office in Atlanta, its first in the area. Kansas City-based Shook Hardy hired Atlanta attorneys Colin Kelly, Anna Sumner Pieschel and Josh Becker, who...
View ArticleWaddell & Reed CEO turns over chief investment officer role
CEO Philip Sanders has been pulling double duty as Waddell & Reed's chief investment officer since 2011, including after he was elevated to CEO in 2016. Now, the Overland Park-based company has...
View ArticleMariner's second Houston acquisition brings $110M in assets
Mariner Wealth Advisors reached an agreement to acquire SMS Capital Management Inc. of Bellaire, Texas — the Leawood company's second acquisition in the Houston area in the past year. Founded in 2004,...
View ArticleH&R Block CEO: We've got to keep the momentum going
H&R Block CEO Jeff Jones said the fiscal year-end results showed gains in key areas, giving the company a lot to celebrate, but it has got to keep the momentum going.
View ArticleHow to secure a trademark on hemp products — and the gray areas that remain
Since the federal government approved industrial hemp production in the 2018 Farm Bill, the U.S. Patent and Trademark Office said it will begin accepting applications for trademarks on those types of...
View ArticleCover Story: Argosy goes from boat to moat to palace
Things have changed quite a bit in the 25 years since Argosy took its first cruise — as per then-state law — with passengers playing games of skill.
View ArticleFathers win $5M parental leave settlement — let that be a warning
When JPMorgan Chase told a male employee he couldn't get 16 weeks of paid parental leave because only mothers were considered primary caregivers, it ended up costing $5 million. Derek Rotondo filed a...
View ArticleBattle between Digital Ally, Taser-maker moves on to $200M+ in damages claimed
Digital Ally Inc. (Nasdaq: DGLY) is using a $6 million settlement with WatchGuard Inc. to justify its damages claim against Taser-maker Axon Enterprise Inc. Digital Ally already seeks $68.46 million in...
View ArticleMavericks extend affiliation agreement with NHL club
The Kansas City Mavericks reached an agreement with the Calgary Flames of the National Hockey League to serve as the team's official AA-level minor-league affiliate for the 2019-20 season. This will be...
View ArticleKC's Northland becomes trendy spot for bank expansion
Two of the most recent bank acquisitions in the Kansas City area had at least one key component in common: both were driven by buyers coveting a strong presence in the Northland. Read on to learn why...
View ArticleKC-area law firm launches cannabis practice
Kansas City-based law firm Seigfreid Bingham PC launched a new practice focusing on the cannabis industry, helping advise clients on legal matters for everything from industrial hemp to CBD to medical...
View ArticleDigital Ally loses patent infringement case against Taser-maker, vows to appeal
Lenexa-based Digital Ally Inc. lost its patent infringement case against Taser-maker Axon Enterprise Inc. The U.S. District Court for Kansas granted summary judgment Monday in favor of Taser...
View ArticleEver dream of slapping your name on a Boulevard bottle? Now's your chance
Boulevard Brewing Co., the largest brewery in the Kansas City area, is giving customers an opportunity to put their name on the neck of bottles of Pale Ale. In return for a $60 contribution to one of...
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