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

The madness of rising tuition costs

Have you considered what the average cost for your children or grandchildren’s education will be when they reach college age? In 18 years, a college that currently costs $29,500 per year to attend may cost $110,674.46 per year (assuming 7% inflation).

Technology

Microsoft expands ad-free Bing search for schools

Microsoft is expanding a program that gives schools the ability to prevent ads from appearing in search results when they use its Bing search engine. The program, launched in a pilot program earlier this year, is now available to all U.S. schools, public or private, from kindergarten through the 12th grade.

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 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.