The 31-story Commerce Tower at 911 Main St. in downtown Kansas City is undergoing a $139 million renovation to reopen it as a combination of apartments, a university, an early learning center, offices, a bank and retail.
Gov. Alejandro Garcia Padilla announced that Puerto Rico's government will not make nearly $370 million in bond payments due Monday after a failure to restructure or find a political solution to the U.S. territory's spiraling public debt crisis.
Asian stock markets fell Monday as investors registered their disappointment over the lack of fresh stimulus from Japan's central bank. The surge in the Japanese yen and bleak readings from a monthly factory managers' survey did little to lighten the gloom.
Kansas City Kitchen & Pizzeria has softly opened at 3906 Waddell Ave., in the former Nichols Lunch space in midtown. Isael Herrera has rolled out the Estrella Azul food truck. Qdoba Mexican Eats plans to open Monday at 515 Westport Road in Westport.
Manny Lopez, a West Side icon known for his charisma, work ethic and community support, died Friday night at his home, surrounded by family. “Manny had an incredible spirit,” oldest daughter Kathy Lopez-Ritz said of the father of five who had been married to his wife, Vivian, for 42 years. “He was a very giving and caring man.”
Berkshire Hathaway's idiosyncrasies were on display this weekend, as tens of thousands of people filled an arena to listen to Warren Buffett and Charlie Munger talk business for several hours Saturday at the conglomerate's annual meeting.
The new test, developed by Quest Diagnostics, detects genetic material known as RNA from the Zika virus in human blood serum. Previously Zika tests were only available through a handful of government-designated laboratories.
Berkshire Hathaway's first-quarter profit grew 8 percent largely because of the way it had to account for its Duracell acquisition on paper, but profits fell at its BNSF railroad and at its insurance units.
Sprint job losses from its transformation into a leaner company continued through April, eliminating 113 jobs at its Overland Park headquarters over the last 90 days. Previously, Sprint had disclosed about 2,500 job cutbacks companywide as part of the changes.
The Dow Jones industrial average fell 57.12, or 0.32 percent, to 17,773.64. The Standard & Poor’s 500 index fell 10.51, or 0.51 percent, to 2,065.30. The Nasdaq composite index fell 29.93, or 0.62 percent, to 4,775.36.
Amid reports of slower economic growth and falling consumer confidence, companies’ credit managers have given the economy their best rating in nine months. Survey responses showed weaker companies’ prospects improved while stronger ones continued to grow.
Ford Motor Co. said it will take a one-week production break at the Kansas City Assembly Plant to fix some “mechanical issues” in the production system. The plant normally would close in October for a week, but it moved up the break to deal with the issues.
Instead of going to a shop to buy tires and waiting while they are installed on your car, what if the shop came to you? That’s the concept behind Zohr Mobile Tire Service, which may be the Kansas City area’s only business that offers mobile tire service, repair and installation.
Before you invest in a mutual fund, you need to know more about it than simply whether it appeared on a best mutual funds list. Although some of the funds that make these lists are undoubtedly good, using them as the sole basis to pick the mutual funds that you will invest in is a mistake. Many best-of lists feature the top-performing funds over a short or specified period of time. In order to find mutual funds that have a chance to be top performers over the long run, you need to dig a bit deeper.
PITTSBURGH - As a first generation college graduate, 24-year-old Ciera Young has wondered whether her bachelor's degree gives her an edge or puts her at a disadvantage when she considers that she has no savings, no car and is obligated to repay student debt while trying to get a foothold in the job sector.