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Sporting Innovations fires, sues ex-CEO
Kansas City-based Sporting Innovations LLC, winner of numerous awards for its innovative approaches to sports marketing, is engaged in an all-out legal battle with its former CEO in an effort to...
View ArticleCorEnergy will buy $245M pipeline system in Gulf of Mexico
CorEnergy Infrastructure Trust Inc. plans to acquire a pipeline system in the Gulf of Mexico called the Grand Isle Gathering System for $245 million, and will issue stock to pay for it. The Grand Isle...
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Four local wealth advisers place on Financial Times 300
Four locally-based registered investment advisers were recognized on the Financial Times' 2015 list of Top 300 Independent Registered Investment Advisers. Firms on the list needed to have at least $300...
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Why KC likely won't be in the mix for NHL expansion teams
National Hockey League Commissioner Gary Bettman announced Wednesday that the NHL is ready to expand and add new teams, according to various news reports. Talk of expansion has been at a fever pitch...
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Founder's son becomes vice chairman of Lockton Cos.
On Wednesday, Kansas City-based Lockton Cos. Inc. made part of its long-term succession plan official, naming Ron Lockton as vice chairman. Last June, Ron Lockton was replaced as the president of the...
View ArticleCorEnergy sees the money flow in to fund pipeline acquisition
CorEnergy Infrastructure Trust Inc. is finding plenty of willing investors for its latest public offering of common stock and convertible senior notes, which are being sold to cover the acquisition of...
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On the Money: KC-area banks see strong quarter
Locally based banks posted strong numbers in the first quarter. The official first-quarter numbers recorded by the Federal Deposit Insurance Corp. show that banks based in the Kansas City area are...
View ArticleKC-area lawyers weigh in on biz effects of same-sex ruling
Kansas City-area lawyers don't foresee huge changes for business owners now that the U.S. Supreme Court ruled that same-sex marriages are legal nationwide, but a few areas bear watching. Employee...
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Supreme Court's gay marriage ruling: locals speak out
There are no shortages of opinions to be found in the Kansas City area on the U.S. Supreme Court's Oberfell vs. Hodges ruling that makes gay marriages a Constitutional right. Here's what a few local...
View ArticleBoulevard owner names national sales leader
Duvel Moortgat USA, the parent company for Kansas City-based Boulevard Brewing Co., has hired Bobby Dykstra as its new vice president of sales. Dykstra succeeds Steve Mills, who resigned a few weeks...
View ArticleCrossroads continues advancing as a local craft beer hub
Craft beer lovers in the Kansas City area should mark July 11 on their calendars, because it's going to be a special day for local brew in the Crossroads Arts District. Double Shift Brewing Co. will...
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Huge national mortgage operation buys OP company
Overland Park-based CapWest Mortgage was acquired for an undisclosed amount by Prospect Mortgage LLC. Based in Sherman Oaks, Calif., Prospect Mortgage is one of the largest independent mortgage lenders...
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Ruling in mortgage cases will make life rough for class actions
Two rulings by the 8th U.S. Circuit Court of Appeals will make life more difficult for certain class-action suits under Missouri law. The two cases upheld a successful defense by Leslie Greathouse, a...
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Hunt talks priorities for pro hockey in KC area
When it comes to professional hockey in the Kansas City area, one name is always at the center of the conversation: Lamar Hunt Jr. Hunt Jr., the son of Kansas City Chiefs founder Lamar Hunt Sr.,...
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Shick USA hires CFO with 20 years of local experience
Kansas City-based Shick USA announced that it hired Blake Day, a 20-year financial executive, as its new CFO. Shick USA provides ingredient automation services to food manufacturers across the globe,...
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Lead Bank takes the point in switching to new '.bank' domain
Lead Bank will be one of the first banks with a presence in the Kansas City area to make the switch away from ".com" and onto a new ".bank" domain. On May 14, the new ".bank" domain became available...
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Serial embezzler's run comes to a halt with 22-year sentence
Susan Prophet was sentenced to 22 years in federal prison without parole and ordered to pay restitution for bank fraud and embezzlement of about $731,000 from two local businesses. Prophet, 46, of...
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Memo: KC Star will dissolve, absorb business desk
The Kansas City Star plans to dismantle its business desk and move those reporters into other areas of a completely reorganized newsroom, according to a memo by Editor Mike Fannin. The memo was sent to...
View ArticleSafe Fleet acquires transit bus mirror supplier
Safe Fleet, which runs a portfolio of companies that provide equipment for a variety of fleet vehicles, announced that it acquired the mirror product line from Hadley, a company based in Elkhart, Ind.,...
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U.S. Bank nabs Commerce Trust wealth adviser
U.S. Bank Wealth Management has hired Andy Fent as a wealth adviser for its Private Client Reserve operation in Kansas City. Fent has 14 years of experience, most recently working as director of...
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