May 21
ESPN cutting workforce, 'smartly managing costs'
ESPN is cutting its workforce, the latest Disney division to reduce staff.
Wednesday, May 22, 2013
ESPN is cutting its workforce, the latest Disney division to reduce staff.

More than 180 public and private groups are trying to create a thriving ‘ecosystem’ in the Kansas City area for entrepreneurs and start-up companies, but there are gaps and some wonder if a more focused approach is needed.

Apple's CEO is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign affiliates. Tim Cook testified at a hearing Tuesday by the Senate Permanent Subcommittee on Investigations, which released a report Monday attacking Apple's tax practices.
Shareholders of Sprint’s longtime partner face conflicting advice on Sprint’s $2.2 billion buyout offer. The stock market suggests Sprint may have to do better.
Thanks to investments in technology and network upgrades, the wireless industry recorded a 2.9 percent gain in customer satisfaction in 2013 compared with last year, according to a report from the American Customer Satisfaction Index. The industry reported an overall index reading of 72 this year, up from 70 in 2012.
Regional stocks got off to a choppy start to the week

The deal to buy Handmark, which owns social media app maker OneLouder, is expected to be formally announced today. Augie Grasis, who founded Handmark 13 years ago, declined to provide the amount Sprint paid in the cash sale.

After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in a risky acquisition that revolves around the vision and instincts of a 26-year-old entrepreneur who dropped out of high school to pursue his dream of bringing more beauty and creativity to the Internet.
Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S.
New York Sen. Charles Schumer is urging airlines to reverse flight change fee increases after four major airlines increased fees on ticket changes from $150 to $200.
Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications.

In the last few years, the Kansas City-based video production firm T2 Studios and its so-called Experience Lab have gained a growing reputation for creating what are called immersion experiences. In a world of way-too-much stuff passing before our eyes, what all these flashy sights are about is an elevated form of marketing.

It's the narcissist rally.
United Airlines put its 787 back in the air on Monday, with both the airline and Boeing hoping to put the plane's four-month grounding behind them.

Gasoline prices have climbed in the last month because of low stockpiles and refinery outages, but a decline in wholesale prices raises hope that the worst is over.

Encouraging news about the U.S. economy extended the stock market's rally Friday.

The April rains and first measurable May snow in more than a hundred years have pushed back the outdoor planting season several weeks. Now that nicer weather is becoming the norm, lawn and garden retailers and landscapers are hoping to make their sales goals in a much shorter period and before summer’s soaring temperatures.
Encouraging news about the U.S. economy extended the stock market's rally Friday

The companies announced their $480 million transaction in November. About 420,000 U.S. Cellular customers are being asked to switch to Sprint service.
Data released by the Home Builders Association of Greater Kansas City showed 444 permits issued in April for single-family units. That marked the first time monthly permits had climbed above 400 since April 2008, when 441 permits were issued.