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

Workplace

First lady announcing one-stop job site for vets

Aiming to streamline employment resources for people leaving the military, the government is creating an integrated website that can help job-seekers create resumes, connect with employers and become part of a database of veterans and their spouses for companies to mine for skills and talents.

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.