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Obama speech fights cynicism, presses for optimism

Giving a speech Wednesday at the Uptown Theater in Kansas City, President Barack Obama had an obvious agenda in mind. Facing a room full of his core supporters, the president’s goal was to inspire...

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Kansas City's TARP report card

As of the latest report to Congress, the bank investments that the U.S. Department of Treasury made under the Troubled Asset Relief Program (TARP) resulted in a gain of $28.5 billion, but it was no...

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KC concrete products company creates East Coast hub

SpecChem LLC announced that it plans to spend $5.5 million to open a new, state-of-the-art manufacturing plant in Harleyville, S.C. SpecChem is based in Kansas City and owned by Greg Maday, a serial...

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Metcalf Bank acquisition of Bank of Belton requires patience

Metcalf Bank recently filed a new application with the Missouri Division of Finance to acquire Bank of Belton in a deal that has been ongoing for about four years now. Metcalf Bank first filed an...

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Newsmaker: Chiefs’ Donovan applies lessons as athlete to front office

Handling all the business aspects of the Kansas City Chiefs, Mark Donovan has been president of the organization for the past five years. He’s had a varied career in sports, playing college football...

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James Dornbrook: KC’s strongest banks start to see recession moves pay off

It was a rewarding exercise to put together lists of the strongest banks in Kansas City recently, offering insight into aspects of banks that most don’t consider unless it runs into trouble. But the...

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Mariner Holdings acquires local investment bank

Mariner Holdings LLC didn’t need to look far to find its latest acquisition, Allied Business Group, an investment banking firm that was right down the street from Mariner’s headquarters in Leawood....

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Rogge: Time is right to retire from Cramer Products

Tom Rogge has been CEO of Cramer Products Inc. in Gardner, Kan. for 23 years, and said the time is now right to retire. Cramer Products is a 96-year-old producer of analgesics, athletic training kits,...

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Departure prompts Waddell & Reed to shuffle portfolio teams

Waddell & Reed Financial Inc. announced that it moved two of its veteran portfolio managers to the asset strategy team, which runs several key funds that account for about a third of the firm’s...

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Gill Studios acquires sticky-note assets, changes name

Lenexa-based Gill Studios Inc. will enter the sticky-note business, after picking up the pieces of a local company that recently closed and working to get the operation back in action. Gill Studios...

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KC-made automobiles shine in July sales report

Vehicles manufactured in Kansas City helped Ford Motor Co. and General Motors Co. realize strong sales gains in July compared with last year. The Kansas City area produces the Ford F-150 pickup and...

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New sticky-note line will lead Gill Bebco to hire 30-40

Gill Studios Inc. is looking to save about 30 to 40 jobs in the Martin City area by restarting a product line that it acquired after Barton Nelson Inc. defaulted on a loan and was shut down. The Bebco...

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TriCentury Bank will enter Kansas City market, move HQ

TriCentury Bank signed an agreement to acquire two branch locations from Equity Bank, in De Soto and Spring Hill, which will be its first presence in the Kansas City area. TriCentury is a tiny rural...

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CrossFirst Bank will join KC’s exclusive $1B club

Founded from scratch nearly seven years ago, CrossFirst Bank is about to become a member of an exclusive club for banks based in the Kansas City area. By its seventh anniversary on Oct. 1, CrossFirst...

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Chiefs continue tweaking new parking playbook

With the Kansas City Chiefs on the verge of trying out an all-new system for parking at Arrowhead Stadium, President Mark Donovan expects it will take several games to work out all the kinks, but he’s...

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H&R Block turns attention to small biz accounting services

H&R Block formed a strategic partnership with accounting consultants BMRG Advisory Services and announced its intent to acquire or add franchisees in the small business accounting area. The new...

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Tech competitors pose latest threat to banks

Technology is changing the banking industry, creating new competition from privately financed companies offering services such as smartphone-based payment systems and online peer-to-peer lending....

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Tower Wealth seeks new CEO after Koehler departs

William Koehler resigned as CEO of Tower Wealth Advisors to accept a new job as CEO of FCI Advisors. Tower Wealth is a subsidiary of Country Club Bank, and Koehler has led the company since early 2012....

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Enrollment opens for free Enterprise University classes

Enterprise University, which offers free curriculum on 11 topics for Kansas City-area business executives, is open for enrollment in the fall semester. Enterprise University is an offering from...

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FC Kansas City clinches home field, national broadcast

FC Kansas City not only earned a playoff spot to get a game broadcast on national television, but it’s a home game. FC Kansas City, the local National Women’s Soccer League team, won a rain-soaked game...

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