When people say interest rates are at historic lows what does that even mean and more importantly what are the implications for our daily lives and in the long term? The Cash Money Crew with Alex Petrovic, of Petrovic services; David Jackson, from Waddell & Reed; and Lucas Bucl of KHC Wealth Managment, help us make sense of these questions and address how you can save when traditional instruments of savings are impacted by these low interest rates.
Kansas City Power and Light says it has tried to ease the sting of its request to Missouri regulators for suspension of some popular solar rebates. The stated utility plan would keep the bulk of Kansas City inside payment territory.
The request to the Missouri Public Service Commission earlier this month asked some suspension of solar paybacks take effect September 3.
There was a swift outcry over the payments mandated by law. The program grew out of a 2008 statewide referendum.
Kansas Governor Sam Brownback says the state is serious about attracting investments from aircraft and aviation companies.
Brownback attended the Paris Air Show last month to meet with industry representatives. He says the air show, which bills itself as the world's largest, provides an opportunity to showcase Kansas as a place for aviation business.
Reporter Mark Davis covers Sprint and the wireless industry for the Kansas City Star. He sat down with KCUR's Susan Wilson to discuss the details of the Sprint-SoftBank deal, and what it means for Sprint customers and the Kansas City area at large.
The open pit trading of winter wheat at the Kansas City Board of Trade has quieted down during its 157 year history, not quite silenced from its loud, rowdy past, when one journalist wrote that traders were “yelling as if a panther were at them.”
But on Friday (June 28) it will go silent, with the final ring of the trading day at 1:15 p.m. Central time, ending an era when this city put its name on a crop that became the crucial piece of our daily bread.
Some of the famous names Kansas City – Kemper, Latshaw, Ohlmann – were people who at one time were chairman of the Kansas City Board of Trade. Since 1856 the KC Board of trade has been home for commodity trading, such as hard red winter wheat, and as that history comes to an end on Friday Michael Braude, former President & CEO of the KCBT and Frank Stone, Chairman in ‘07, President of Clearing Corporation in ‘88 & ‘04, explore the impact the board of trade has had on the region and what the implications are for its closing.
Shareholders in Sprint Nextel Corp. have approved a $21.6 billion sale of 78 percent of the company to Tokyo-based SoftBank Corp.
The vote in Overland Park, Kan. Tuesday comes at the end of months of negotiations that originally included a $25.5 billion offer to buy all of Sprint from Dish Network. Dish Network has since retreated from that offer, but may still pursue shares of Sprint network provider, Clearwire.
Gov. Sam Brownback is leading a trade delegation to the Paris Air Show this week. The trip to France is aimed at attracting aviation business to Kansas and drumming up sales for the aircraft industry in the state.
"You could travel all over the world for a month to try and get these meetings that you can get in three days at these major air shows, " says Brownback.
"And, it is such a major industry for us as a state that we need to push it and we need to make sure we're on everybody's front and center mind if they're looking to expand."
The Sandwich Generation--it’s made up of people who are generally between the ages of 45 and 65. On one side of the sandwich is that college grad who came back home to live. On the other side are one’s aging parents. The strains are not just in time and energy, but are most acutely financial. Alex Petrovic, of Petrovic Financial Services; Sandi Weaver, of Financial Security Advisors and Corey Rasmussen of the Rasmussen Law Firm discuss the financial and legal issues that surround the care of an aging parent.
The expansion, which Crown Center President Bill Lucas called “the latest step in Crown Center’s evolution” in a statement released Tuesday, includes a new 60,000 square-foot store that will take up the entire third floor of the Crown Center Shops.
The goal: Have at-risk students take an old rundown car, restore it and convert it to run on electric power then drive it from K.C. to D.C. If that's not enough, have it powered solely by social media interaction.
In announcing it would add 2,000 jobs to its Claycomo Assembly Plant, Ford Motor cited increased sales tied to new stability in the home building market. At the truck factory, Ford executives drew parallels that are being seen industry-wide.
A new report projects an increase in the rate of job growth in Kansas this year. There are some economic forces that could temper that growth in the future.
The report from Wichita State University Center for Economic Development and Business Research projects modest job growth in Kansas this year. It’s driven partially by the energy, construction and services sectors.
Housing construction is showing a 30 percent gain in the first quarter in the Kansas City region, compared with the same period of 2012.The reference is to permits for residential building and amounts to 832 single family houses. There were 640 in the first three months of last year.
The numbers bear watching, as the executive officer of the Home Builders Association of Greater Kansas City notes. Sara Corless said, should the trend hold or increase, construction might be back at 2007 levels by end of the year.
Good ad campaigns often have high profile spokespeople, and now so does a campaign to promote Kansas products.
The tag line is From the Land of Kansas, and this weekend Governor Sam Brownback was in Kansas City, Kansas to introduce the big name that will be behind this campaign - Green Bay Packers wide receiver Jordy Nelson .
It’s too early for people in the Kansas City area to worry about further loss of jobs at Sprint, as executives sort through a higher price offer from a second potential buyer. At least one analyst says the chief question is, whether Dish Network will make one or more attempts to outbid Toyko-based SoftBank Corporation.
As Overland Park-based Sprint is working to consummate selling 70 percent of its assets to SoftBank, Dish has boosted the ante by some $5.5 billion. The Dish offer is $25.5 billion. The Softbank offer is $20 billion.
Originally published on Mon April 15, 2013 11:36 am
Satellite TV distributor Dish Network has offered to buy telecom giant Sprint Nextel Corp. in a $25.5 billion deal, a move that could derail a similar offer by the Japanese phone company SoftBank.
Dish says that it has offered $17.3 billion in cash and $8.2 billion in stock for Sprint. After the news was announced on Monday, Sprint's stock jumped 15 percent in pre-market trading, according to The Associated Press.
Google announced yesterday that it’s building a new high-speed fiber-optic network -- this time in Austin, Texas. It’s been two years since the company announced it would build its first fiber-optic network here in Kansas City, and many residents hoped it would be everywhere by now.
Planning for the network has Kansas Citians rethinking the future of many aspects of life and business here.
Google announced Tuesday that its Google Fiber project would be hitting Austin, Texas, next. The company says Austin, famous for its South by Southwest festival, is a "mecca for creativity and entrepreneurialism, with thriving artistic and tech communities."
Google Fiber is the tech giant's blazing fast Internet service, with current rates at 1 Gpbs, about 100 times faster than your typical cable broadband Internet service. It debuted in Kansas City in 2012.
Taxes are due in one week and that may have most of your attention, but now is also the perfect opportunity to begin planning your tax preparation and behavior for next year. Our Cash Money Crew with Alex Petrovic,of Petrovic Financial Services; Sandi Weaver, of Financial Security Advisors and Julie Welch, of Meara, Welch Browne; help you navigate the complicated and ever changing world of tax