Stocks

Cityscape

Skechers opening first Kansas City-area outlet store in Overland Park

The metro’s first Skechers Factory Outlet Store is scheduled to open June 13 in Overland Park. In other news, Freddy’s Frozen Custard & Steakburgers plans to open another restaurant in Olathe, and Kiss co-founders Gene Simmons and Paul Stanley have set an April 29 opening for Rock & Brews in Overland Park and a May 29 fundraiser.

Dollars & Sense

Earnings and corporate deals lift U.S. stocks

Corporate deals and some solid earnings reports propelled the stock market to its sixth straight gain Tuesday. Allergan surged after Valeant Pharmaceuticals said it had teamed up with activist investor Bill Ackman to make a bid for the Botox maker. Netflix and Harley-Davidson rose sharply after reporting earnings that beat analyst's expectations.

Technology

Google challenges nonprofits on ideas to use Glass

On Tuesday, the tech giant is asking nonprofit groups to propose ideas for how to use the Web-connected eyewear Google Glass in their work. Five charities that propose the best ideas by May 20 will get a free pair of the glasses, a trip to Google for training and a $25,000 grant to help make their project a reality.

Workplace

Job market for college grads better but still weak

With college commencement ceremonies nearing, the government is offering a modest dose of good news for graduating seniors: The job market is brightening for new grads — a bit. But finding work — especially a dream job — remains tough for those just graduating.

‘Toxic’ label gets used too quickly

Recently I read an article on how to deal with toxic people in the workplace. Frankly, I found the advice to be, well, toxic, at least when it comes to workplace diversity. I don’t fault the writer of the article; she was getting most of her advice from a book written by a psychiatrist. But psychiatric advice has its limited place in the workplace.

Development

Kansas City finds success with Millennials

We may not be as red-hot as Denver and Portland, Ore., but Kansas City is holding its own when it comes to attracting the Millennial generation, thanks to a vibrant cultural life and inexpensive living. The reasons why many young adults like Kansas City reverberate with other generations.

Talking Business

Liberal arts, military experience offer preparation to adapt, lead

Scott Samuelson’s recent Wall Street Journal piece titled “Would you hire Socrates?” challenges the myth that studying humanities doesn’t pay. This finding reflects my experience with the U.S. Army, but I seek to emphasize something greater than an economic advantage. The more practical advantage gained from a liberal arts education is preparation for leadership.

National, International Business news

Star 40

Cerner tops Star 40; others in economic ‘sweet spots’ also doing well

It was a safe bet that Cerner Corp. would once again lead the The Star’s rankings as the region’s top-performing public company. Cerner, the nation’s second-largest company that helps hospitals and doctors’ offices convert paper files into computerized medical records, is in a sweet spot. Other top-ranked companies here do business in areas that have an edge: energy, rail transit and online government services.

Star 40: Wealth soared in 2012 for KC companies' executives

The already-hefty pay packages of many public-company executives bulged last year, thanks to higher values of their company stocks. Million-dollar base salaries – as paid to Cerner Corp. CEO Neal Patterson (pictured) and Waddell & Reed Financial CEO Hank Herrmann – are only the beginning. For most of the bigger-company CEOs, stock awards, options and “non-equity incentive” compensation dwarf their base pay.