Business

KCI passenger travel climbs

Total October passenger traffic at KCI climbed to 927,919 , up 6.2 percent from year-earlier figures, the Kansas City Aviation Department said Wednesday. The number of passengers boarding at KCI was up 5.8 percent for the month, the department said

Business

Interactive report on Kansas City's downtown development boom

Downtown Kansas City’s rejuvenation is now rolling into a new era, with the start of the $100 million streetcar line on Main Street and 70 projects in areas that include Crown Center, the Crossroads Arts District, the Downtown Loop and River Market. We map the changes in an interactive report.

Business

KU Med Center teams with Sprint’s business accelerator

The University of Kansas Medical Center will provide access to mentors with expertise in various fields to help start up companies in the program advance their development. Sprint’s 2015 accelerator class, the program’s second, will begin its three-month residency in Kansas City starting March 9.

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Today's Circulars

Ward A. Katz and Jerry Miller: Rapid apartment construction offers pitfalls, opportunities

The Kansas City area appears headed for an oversupply of multifamily housing, but owners and investors can take steps to safeguard their business, write Ward Katz and Jerry Miller, the co-founders of Signature/DRS Management LLC who recently combined their companies to provide multifamily management, lease-up and consulting services, as well as investment opportunities to qualified investors.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

Ward A. Katz and Jerry Miller: Rapid apartment construction offers pitfalls, opportunities

The Kansas City area appears headed for an oversupply of multifamily housing, but owners and investors can take steps to safeguard their business, write Ward Katz and Jerry Miller, the co-founders of Signature/DRS Management LLC who recently combined their companies to provide multifamily management, lease-up and consulting services, as well as investment opportunities to qualified investors.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

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Business

National

Sony hacking fallout explodes

Threats of violence against movie theaters. The New York premiere of “The Interview” canceled. Leaks of thousands of more private emails. Lawsuits by former employees that could cost tens of millions in damages. The fallout from the Sony Pictures hack exploded Tuesday after the shadowy group calling themselves Guardians of Peace escalated their attack and threatened moviegoers with violence reminiscent of September 11, 2001.

NASCAR & Auto Racing

Sprint will exit NASCAR title partnership after the 2016 season

Citing a need to focus more directly on its core business priorities, Sprint said it informed NASCAR it will not extend the title sponsorship of the 36-race Sprint Cup Series after the current agreement expires. Sprint is in the midst of cutting 3,700 jobs and slashing $1.5 billion from department budgets under chief executive Marcelo Claure. Some think Sprint may want to shift its marketing money to soccer.

Government & Politics

U.S. Rep. Kevin Yoder of Kansas defends measure relaxing banking rules

The Republican faced furious criticism this week for his significant role in a measure allowing federally insured banks to use financial “swaps,” a tool designed to protect banks from bad loans.  Critics say that the relaxed rule, now sitting on the president’s desk, provides a potential backdoor bailout for the nation’s biggest banks — and that Yoder offered the measure as a favor for wealthy bank-related campaign donors.