Ride sharing service Lyft comes to Kansas City

Ride sharing services operate through local drivers who use their own cars to respond to ride requests transmitted through the company’s mobile app. Lyft’s cars stand out thanks to big pink mustaches that drivers attach to the grill of their cars. News of Lyft’s expansion to Kansas City drew a challenge from a taxi company as well as interest from the city.

Stocks

Cityscape

Dollars & Sense

Technology

Workplace

Protests of Staples postal counters will include two area locations

One rally Thursday will be outside the Staples at 8450 N.W. Prairie View Road in the Zona Rosa shopping center in Kansas City, and the other will be at the Staples at 11880 W. 95th St. in Overland Park. The postal workers union opposes the program because it replaces well-paid union workers with low-wage non-union workers.

Development

Kansas City Council approves billboard condemnation for Crossroads hotel plan

The proposed 110-room Hilton Home2 Suites would occupy the southeast corner of 20th and Main streets, but before it can proceed, a billboard owned by Lamar Advertising has to be removed. The pole sign also has been protected by a “perpetual” visual easement that says nothing can obstruct its view. The council unanimously designated the sign as blighted, beginning the condemnation process.

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.