Cerner, KC Southern tumble, YRC rallies
Regional stocks got off to a choppy start to the week
Kansas City promotes itself as good home for tech entrepreneurs and start-up companies
OSHA slaps Wolf Creek power plant operator for firing a whistleblower
Sprint buys Kansas City-based social media company Handmark
Yahoo takes big leap with $1.1B deal for Tumblr
Seamless and GrubHub to combine, no terms revealed
SparkLabKC selects first seed capital recipients
Stocks
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.
Cityscape
The Corner Restaurant reopens in Westport with new owners, new menu
More than three years after it closed, Westport mainstay The Corner Restaurant has been resurrected in the same spot but with new owners, a new decor and new menu. Executive chef Natasha Sears said the kitchen uses many local vendors, and makes about 90 percent of the menu from scratch on-site.
Ingredient scheduled to open soon in Oak Park Mall’s food court
Oak Park Mall said it has signed local fast-casual chain Ingredient for its food court. Menu items include salads, grilled sandwiches, soups, wraps and panini, burgers, and gourmet pizzas.
Dollars & Sense
Tellabs, Red Hat, Chesapeake Energy
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market
Special K churns out products in brand evolution
Special K was once just a line of cereals. Today, it's a diet food empire.
Technology
Key events involving Yahoo and its performance
Yahoo has reached a deal to buy online blogging forum Tumblr for $1.1 billion, the latest acquisition under CEO Marissa Mayer. Yahoo is paying mostly cash for Tumblr and expects to complete the deal by the end of the year. Here are key events involving Yahoo Inc. and its performance in recent years:
High court uphold FCC power in cell tower disputes
The Supreme Court has affirmed the authority of federal regulators to try to speed local government decisions on proposals to build or expand cell phone towers.
Workplace
OSHA slaps Wolf Creek power plant operator for firing a whistleblower
The U.S. Department of Labor has ordered Enercon Services Inc. to reinstate the employee who had reported unsafe conditions. The company plans to appeal.
As 'The Office' ends, other workplace shows find a big TV audience
When “The Office” crew clocked out Thursday night, the workers had been at the fictional Dunder Mifflin Paper Co. for nine seasons, or about twice as long as the average job tenure for most Americans. But even as everyday workers tend to complain about their jobs and bosses and quickly jump ship for better opportunities, viewers have shown remarkable loyalty to TV programs about the workplace.
Development
Mall, office developer Copaken Brooks gets chamber’s top award
The Greater Kansas City Chamber of Commerce recognized the real estate company as its 2013 Small Business of the Year and winner of the Mr. K Award, named after the late Ewing Kauffman, founder of Marion Laboratories and original owner of the Kansas City Royals.
Chamber names Copaken Brooks as its top business of the year
The real estate company, which was established in 1922 in downtown Kansas City, receives the Mr. K Award,. The award honors the late Ewing Kauffman, founder of Marion Laboratories and original owner of the Kansas City Royals.
Talking Business
Debate over KCI flies fast and hard
Reaction to my last column allowing that the advocates of a new single terminal at Kansas City International Airport might have a decent case was certainly bracing. Most of the more than 100 callers, emailers and kansascity.com commenters batted me roundly about. But many others allied themselves with the single-terminal advocates.
With KCI, breaking up is hard to do
After fully hashing out pros and cons, Kansas Citians may want to stick with the old flame. To carry the day, new-airport advocates will have to heavily restack the deck of arguments in their favor. That’s what’s going to be required to toss over a 40-year love affair.
