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Coronavirus mayhem has KC economists uttering the 'R' word
Consumers hunkering down to shelter from the coronavirus spread have economists who were fairly optimistic two months ago starting to use the "R" word — recession. Panic selling caused the S&P 500...
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AltCap looks to alleviate small business suffering
Kansas City-based AltCap is trying to translate its experience at finding disaster relief for small businesses to help local companies impacted by the coronavirus.
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Financial planner donates $1M to Harvesters for coronavirus crisis
Peter Mallouk, president and chief investment officer of Overland Park-based Creative Planning, announced that the financial planning firm donated $1 million to Harvesters. The money will be used to...
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UAW: Coronavirus warrants two-week shutdown of U.S. plants
Union leaders at two of Ford Motor Co.’s production plants asked the company to idle production for two weeks, as a preventive measure to address the spread of coronavirus. Union leaders at Ford’s...
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J. Rieger & Co. turns to cocktail kits to try to save jobs
J. Rieger & Co., which has 90 employees at its welcome center and distillery in Kansas City, is trying a new tack to generate some cash and try to save those jobs. The company is being forced to...
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Payments from $1.5B Syngenta settlement led by KC firm will begin soon
A federal judge authorized payments to class members in a landmark class-action lawsuit against Syngenta that resulted in the largest agricultural litigation settlement in U.S. history. Partial...
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Banks, credit unions balance new market risks with helping clients in need
Banks are adapting to new realities just like their customers, so what kind of impact might that have on your banking relationship?
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J. Rieger & Co. converts overproof gin into disinfectant
Stepping up to help address the hand sanitizer shortage, Kansas City-based J. Rieger & Co. has repurposed its overproof gin to make an all-natural disinfectant. The overproof gin is 70% alcohol by...
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KCSourceLink offers help for businesses struggling with coronavirus
For businesses struggling with how to deal with coronavirus consequences, KCSourceLink offers plenty of resources, including information, advice and mentorship. The nonprofit is designed to connect...
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KC's craft beer community bands together to survive coronavirus crisis
Kansas City's craft breweries are putting their heads together and teaming up on ideas to generate cash at a time when their taprooms are being negatively impacted. Here's why KC's craft beer scene is...
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MGP Ingredients ramps up production of key sanitizer ingredient
Atchison-based MGP Ingredients in Atchison is ramping up production of industrial alcohol, which is used to produce hand sanitizers and commercial disinfectants. The move taks MGP (Nasdaq: MGPI) back...
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SBA now offers coronavirus disaster loans in the KC area
The Small Business Administration now has low-interest disaster assistance loans available for small businesses in Kansas and Missouri. The loans, which can go up to $2 million, can be used to pay...
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Inside the coronavirus crisis: Enterprise Bank becomes part-business adviser,...
Get a look inside Enterprise Bank to see how a typical Kansas City area bank is adapting to the coronavirus crisis.
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Polsinelli nabs experienced labor attorney from Spencer Fane
Polsinelli PC added a new shareholder to its labor relations practice in Kansas City. Denise Delcore has spent nine of her 11 years as an attorney with Kansas City-based law firm Spencer Fane LLP. She...
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Hit by a coronavirus layoff? SelectQuote plans to add 1,000 employees —...
Overland Park-based SelectQuote Insurance Services Inc. plans to add 1,000 new sales and support associate positions this year. The majority of the hires will be added to the company's operations in...
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Feds modify rule that effectively shut down new hiring
The Department of Homeland Security issued an emergency ruling that relaxes a requirement for employers to conduct in-person vetting of new hires to ensure their eligibility for employment. The...
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Coronavirus medical leave law brings confusion for employers, lawyer says
The Families First Coronavirus Response Act that goes into effect on April 1 is a game changer when it comes to common understanding of medical or sick leave laws.
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Shuttered electrical contractor sues for payment for work done at Arrowhead
The company that installed 5G capability at Arrowhead Stadium went out of business, and now the receiver appointed to oversee it says the Kansas City, Kan., electrical contractor never got paid for any...
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Oil price war claims casualties in Leawood: 39 layoffs
Hit by an oil price war between Russia and Saudi Arabia, combined with the financial impact of COVID-19, Leawood-based Tortoise Capital Advisors LLC laid off 39 people, about 20% of the company's 205...
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CBIZ partner dissects $2T federal aid package — and the devil in the details
Dan Friederich, managing director for CBIZ MHM LLC in Kansas City, is helping businesses navigate all the new federal aid packages to get the help they need quickly.
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