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KC's millionaire club holds a membership drive
Kansas City should see an influx of millionaire households during the next five years. The number of millionaire households in the Kansas City area is expected to grow by an average of 13.5 percent...
View ArticleELM Services plans to add 160 new jobs
ELM Services LLC, a service provider to the mortgage industry, announced plans to add 160 employees to its current workforce during the next five years. ELM Services recently moved from an office on...
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Treasury, retiree trust unload millions more GM shares
General Motors Co. will get another step closer to no longer having the federal government as an owner, and GM retirees also should feel more secure after the sale of 50 million shares of common stock...
View ArticleMGP Ingredients gets embroiled in a proxy fight
MGP Ingredients is in the midst of a major proxy dispute, as two members of its board are trying to remove the company's chairman, whose term is expiring, and calling for the removal of President and...
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3 quick lessons to get your business on a roll
Jim Jones founded Buyrolls.com during the height of the recession in 2008, out of necessity. Jones had just been laid off from a job he held for 12 years, selling rolls of paper. He needed a new job,...
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Reporter page: CIO foresees rosy prospects for KC economy
Chris Hyzy considers himself a bit more bullish on the U.S. economy than many people. Hyzy is chief investment officer for U.S. Trust, Bank of America’s private wealth management group. Like most CIOs...
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Banks see a run on talent — and it isn’t coming back
Even bankers love to say that some of their most important assets walk out the door each evening. Without discounting the presence of large vaults of money and valuables, it is a bank’s employees who...
View ArticleLansing Trade Group acquires Thompsons Limited
Lansing Trade Group LLC has an agreement to purchase Ontario-based Thompsons Limited for an undisclosed amount. Overland Park-based Lansing Trade Group will team up with Maumee, Ohio-based The...
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Boulevard pours sales into KC charities
Boulevard Brewing Co. announced three charities who will benefit every time someone buys some of its newly branded KC Pils. It's all part of the Kansas City-based craft brewer's "10% for KC" program,...
View ArticleHit on all fronts, Exide declares bankruptcy
Exide Technologies filed voluntary Chapter 11 bankruptcy for its U.S. operations on Monday morning. The producer of lead-acid batteries (Nasdaq: XIDE) based in Milton, Ga., negotiated $500 million in...
View ArticleSporting KC could put six on All-Star team
Six players from Sporting Kansas City are among the 115 players nominated by a panel of sports journalists for the 2013 Major League Soccer All-Star Game fan ballot. Sporting Kansas City's...
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Bank of Kansas City nabs another team from UMB
For the second time in two months, Bank of Kansas City lured a veteran team of wealth managers away from UMB Bank. This time, it was three highly experienced advisers joining Bank of Kansas City’s The...
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Rural seed company provides Allied's latest harvest
Allied Business Group’s latest transaction, the sale of a rural agricultural firm called Star Seed, shows the versatility of the company as it continues add services and people. The Overland Park-based...
View ArticleLockton nabs Wells Fargo vets to run new Boston office
Lockton Cos. Inc. is expanding its operations in the Northeast, opening a temporary office in Boston and naming two leaders. Lockton plans to open a permanent office in downtown Boston by late summer....
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Soccer match to benefit US Deaf Women's National Team
The Kansas City Shock, the local women's amateur soccer team, will play a fundraising match against the USA Deaf Soccer Women's National Team this Saturday. (The Shock are part of the Women's Premier...
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Challenges don't keep H&R Block from huge profit gain
H&R Block had a rough start to this year's tax season, but managed to boost its profits by 63 percent. RELATED: H&R Block: Tax policy change brings drop in returns, revenue The Kansas...
View ArticleStudy: If you want to be a millionaire, do it yourself
A new study on the demographics of the wealthiest Americans shows two-thirds are self-made millionaires. The study was conducted by Kim Bridges, vice president and senior financial planner for BMO...
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Reporter page: MGP proxy fight mixes a mean cocktail
There hasn’t been a heated local proxy battle on my beat since Richard Breeden and Mark Ernst went head to head at H&R Block Inc. in 2007, but MGP Ingredients Inc. is every bit as interesting a...
View ArticleHawthorn Bank now totally out from under TARP
Hawthorn Bancshares Inc. made the final move to complete its obligation to the U.S. Treasury's Troubled Asset Relief Program. The Lee's Summit-based holding company (NASDAQ: HWBK) for Hawthorn Bank...
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Blue Valley Ban Corp. is among largest remaining TARP holders
Blue Valley Ban Corp. is now one of the largest remaining holders of debt to the Troubled Asset Relief Program. Still owing $21.8 million, the Overland Park-based holding company for Bank of Blue...
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