Stocks

Cityscape

Dollars & Sense

Technology

5 features an Amazon phone might offer

A report this week in The Wall Street Journal that Amazon is planning to release a smartphone has prompted industry analysts and technology blogs to muse about what the device might offer.

Workplace

Budget office: Wage boost would cost firms $15B

A Senate Democratic bill gradually increasing the federal minimum wage to $10.10 hourly would require private businesses to spend $15 billion more in salaries when it takes full effect in 2017, the Congressional Budget Office estimated Thursday.

Development

Three downtown projects win approval

Downtown Kansas City scored a triple play when two apartment projects totaling more than 300 units won incentives necessary to begin work and a plan to double the size of the Crossroads Academy charter school was approved.

Talking Business

Wealth inequality and the collapse of civilizations

Rising inequality could lead to an unsustainable use of resources and the collapse of global industrial civilization. The stark warning is based on a sound observation: Over the course of history, the collapse of advanced, complex societies is quite common. Although civilizations can last centuries, in reality they’re “fragile and impermanent.”

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.