Ford F-150 fares well as auto depreciation rates rise
Automobile depreciation rates have risen steadily for the past few years, now nearly 6 percent higher than it was in 2011, but vehicles produced at Ford Motor Co.'s Kansas City Assembly Plant in...
View ArticleSporting KC signs three-year deal with hometown marketing company
Sporting Kansas City signed a three-year deal making Kansas City-based VML its official marketing partner. The partnership should boost the digital marketing capabilities of the Major League Soccer...
View ArticleLeawood company sets up organic flour milling operation
Function-O Foods, a subsidiary of Leawood-based Agspring, acquired Dakota Prairie Organic Flour Co. and then set up a new gluten-free and organic flour milling operation called Firebird Artisan Mills....
View ArticleOverland Park pro golf tournament adds former champions, local pros
Some familiar faces were added to the playing field for the Midwest Classic, a professional golf tournament on July 24-27 at the Nicklaus Golf Club at LionsGate in Overland Park. The tournament is part...
View ArticleKC Fed hires Hendricks from UMB
The Federal Reserve Bank of Kansas City hired Andrea Hendricks to fill the new position of deputy director of the office of minority and women inclusion. The Federal Reserve created the office of...
View ArticleO'Brien is out as president of BATS Global Markets
BATS Global Markets announced that William O'Brien vacated his position as president, effective immediately. BATS said CEO Joe Ratterman will permanently add the duties of president to his current...
View ArticleKC M&A firm: What businesses are buyers most interested in?
Niche manufacturing is the most desirable type of business sought for acquisition by private equity groups, corporations and high-net-worth individuals, according to a study by Overland Park-based...
View ArticleGM recall includes KC-made Buick LaCrosse
General Motors Co. announced six recalls Wednesday involving 717,950 vehicles produced in the United States, bringing its total U.S. recalls this year to about 25.7 million vehicles. Although the...
View ArticleNew CBIZ office offers chance for fresh approach
CBIZ Inc. and Mayer Hoffman McCann PC made a big splash on the real estate scene this week. The two firms announced they would move 450 associates from Leawood to the Country Club Plaza, but management...
View ArticleSporting Park will host Women's World Cup qualifier round
Sporting Park will host the opening four matches of the 2014 CONCACAF Women's Championship, a regional qualifying round for nations seeking a berth in the 2015 FIFA Women's World Cup. According to a...
View ArticleUMB continues to boost lending, fee income
UMB Financial Corp. posted solid earnings for the second quarter, though analysts reeled in their optimism for the company’s outlook. Second-quarter loans climbed 6.5 percent to $60.31 million, and...
View ArticleMGP Ingredients names Griffin as CEO
MGP Ingredients Inc. announced that it hired Gus Griffin as president and CEO, effective Monday. Griffin spent 24 years in brand management at Brown-Forman Beverages, which included managing the Jack...
View ArticleJames Dornbrook: USPS-banking idea has history (and maybe a future)
I recently wrote a blog about how the federal government was considering allowing the U.S. Postal Service to offer financial services such as check cashing and small dollar loans. ( You can read the...
View ArticleThe five strongest small banks in Kansas City (1Q 2014)
When it comes to banking, it's good to align yourself with a strong bank that has plenty of resources. So what are the strongest banks in the Kansas City area? We studied the numbers to find out. In...
View ArticleKPERS elects Tortoise's Matlack chairman
Terry Matlack, managing director of Tortoise Capital Advisors LLC in Leawood, was elected as the new chairman of the board of trustees for the Kansas Public Employees Retirement System (KPERS)....
View ArticleLocal M&A activity founders in second quarter
Merger-and-acquisition activity in the Kansas City area registered the lowest quarterly total since the first quarter of 2009. Only 26 publicly disclosed deals were closed in the second quarter,...
View ArticleThe five strongest midsized banks in Kansas City (1Q 2014)
Thanks in part to a diverse economy and a central location in the agricultural heart of America, the Kansas City area is blessed with many strong banks. But which are the strongest? We studied the...
View ArticleSpencer Reed sells commercial staffing division
In order to get more focused on its specialty business, Spencer Reed Group LLC sold its temporary commercial staffing division to Elwood Staffing for an undisclosed amount. The division, which is...
View ArticleEquity Bancshares repays First Community's TARP
Equity Bancshares Inc., parent of Wichita-based Equity Bank, made the final $15.54 million payment necessary to fulfill the Troubled Asset Relief Program (TARP) obligations of First Community...
View ArticleThe five strongest large banks in Kansas City (1Q 2014)
The Kansas City area includes some great regional and national banks offering a wide variety of services and capable of handling the business of large companies. But which ones are the strongest? We...
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