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NovaStar joins other lenders in settling pension fund case for $165M
NovaStar Mortgage Inc., a wholly owned subsidiary of Kansas City-based Novation Cos. Inc. (OTC: NOVC), was one of four financial services companies agreeing to a $165 million settlement with union...
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CrossFirst looks to cross the border into Missouri
Pending regulatory approval, CrossFirst Bank plans to open its first location in Missouri, in the One Main Plaza Building on the Country Club Plaza. With room for 41 bankers, CrossFirst CEO Mike Maddox...
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Boulevard hopes to pull the tab on its canning line this spring
Pleased with the growing sales of its canned beers, Boulevard Brewing Co. is planning to make a huge investment to up its game within the next year. "If everything comes together, our hope is to break...
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On the Money: High-quality loans drive banks’ health [QUARTERLY CHART]
The 2016 year-end numbers for Kansas City-based commercial banks show the local banking market continues to gather strength, supported by high-quality loans. As of Dec. 31, locally based commercial...
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Veteran investment banker launches new company in KC
A new investment banking firm called RJM & Co. set up shop in Kansas City's River Market with staff from Leawood-based Royal Blue Capital. The new company is led by investment banker Rick Moyer,...
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Boulevard owner vaults up 10 spots on America's largest breweries list
Duvel Moortgat, the parent company of Kansas City-based Boulevard Brewing Co., is now the 12th-largest brewery in the United States according to the Brewers Association. That's up 10 spots from 2015,...
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Lawing Financial continues to build out its executive team
Lawing Financial hired Tae Kim as its director of marketing, luring him away from Mariner Holdings. Kim will be responsible for developing and executing the overall marketing strategy for Lawing...
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Feds seek to shut down Olathe-based tax preparer
The U.S. Department of Justice filed suit to shut down Everett Bias and his Olathe-based company, Integrity Solutions Tax Consultants Inc., alleging that the operation is engaging in fraudulent tax...
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Local country club GM loses $12M 'Vlad the Impaler' defamation suit
A federal judge determined that Terry Clark, a former general manager of Kansas City's Hillcrest Country Club, failed to show he sustained an injury from an article Clark said defamed him, KCUR...
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KC's five strongest large banks of 2016
People in the Kansas City area have 36 banks with more than $1 billion in assets, all offering a wide variety of services and plenty of capital, to address virtually any financial services need. But...
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Jackson County Circuit Court will get another opening on bench
The Jackson County Circuit Court will need a new judge now that 17-year veteran Robert Schieber announced his plans to retire. The 56-year-old was appointed as a circuit court judge in 2006 by former...
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Lenexa manufacturer seeks partners to develop UV disinfection tech
Lenexa-based Hepacart Inc. signed an agreement with High Energy Ozone LLC to develop, test and market advanced disinfection products that utilize High Energy Ozone's Far-UV Sterilray technology. Far-UV...
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KC's five strongest midsize banks of 2016
Kansas City has a strong middle-market economy, so it's no surprise that it has a good selection of midsize banks to choose from. But which are the strongest, with the most resources available and the...
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Palmer Square bond fund ranks as one of the nation's best
Morningstar awarded Palmer Square Capital Management of Mission Woods a five-star rating for its Income Plus Fund, making it one of the best of 134 peer funds nationwide. The investment strategy for...
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American Century lures international investment team to KC
Looking to further diversify its offerings, Kansas City-based American Century Investments added a team of investment managers with extensive experience in using a value-focused strategy for investing...
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On the Money: Seemingly incapable of termination, will NovaStar be baack?
Covering NovaStar Financial Inc. during the past 10 years has been kind of like watching one of the “Terminator” movies: Just when you think it suffered a death blow, it starts moving again. Today,...
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Bloch School opens an incubator hub for pre-launch entrepreneurs
The University of Missouri-Kansas City’s Henry W. Bloch School of Management is set to open its new Venture Hub incubator for entrepreneurial ventures in multiple pre-launch stages. The initiative...
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Capstone Awards 2017: Adaptive Reuse – Boulevard Brewing Co.
Location: 2534 Madison Ave., Kansas City Size: 23,000 square feet Value:$2.27 million Players: Boulevard Brewing Co., developer; Helix Architecture + Design, architect; BGR Engineers, Bob D. Campbell...
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Capstone Awards 2017: Retail — Stockyards Brewing Co.
Location: 1600 Genessee St., Suite 100, Kansas City Size: 6,000 square feet Value:$1 million Players: Livestock Exchange LLC, developer; Husch Blackwell LLP, law firm; Framework Design Inc., Hammer Out...
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On the Money: All of KC’s strongest banks (large, midsize, small) in one place
March is known for basketball tournaments and the start of spring, but it’s also when the Federal Deposit Insurance Corp. posts final year-end results for every U.S. bank. It’s a great time to pause...
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