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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...

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Sporting 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...

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Leawood 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....

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Overland 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...

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KC 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...

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O'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...

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KC 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...

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GM 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...

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New 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...

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Sporting 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...

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UMB 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...

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MGP 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...

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James 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...

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The 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...

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KPERS 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)....

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Local 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,...

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The 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...

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Spencer 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...

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Equity 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...

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The 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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