Business

Technology

Olathe-based NIC reports higher profits, revenue

The Olathe-based company said revenue in the first three months of 2016 climbed to $78.4 million from $70.4 million in the same period a year earlier.Net income reached $12.9 million in the quarter, up from $8.9 million in the first quarter of 2015.

Technology

Sprint to report customer counts, financial results Tuesday

Sprint Corp. will report its latest customer counts and financial results Tuesday morning, completing the picture of its fiscal year and its standing among the four national carriers. Sprint finished December with 58.359 million customer connections to its wireless network and had lost $1.44 billion in the first nine months of is fiscal year.

Business

Manufacturing expansion continues but weakly

Economic expansion continued across nine Midwestern states, albeit at a slow pace, in April, according to surveys of companies’ purchasing managers. An index created from the survey results registered 50.1. It had been 50.6 in March. Readings above 50 neutral indicate economic growth while readings below 50 show contraction.

Business

Kenneth Feinberg: No Teamsters pension decision, yet

Feinberg, charged by the U.S. Treasury, faces a deadline Saturday to rule on the legality of the Central States Pension Fund’s plan to cut current retiree benefits, many by half or more. He denied Monday a claim that he has made his decision but not yet made it public. Feinberg also rejected a claim he has given out “hints” that he will reject the proposal.

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KC Streetcar advocates talk about the positives for the transit system

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KC streetcar delivers redevelopment

Commerce leaders and development officials celebrate the launch of the Commerce Tower redevelopment on Kansas City's new streetcar line.
Diane Stafford dstafford@kcstar.com
KC streetcar delivers redevelopment 01:06

KC streetcar delivers redevelopment

Tiny houses to shelter homeless veterans 01:46

Tiny houses to shelter homeless veterans

Ride with Yael Abouhalkah behind a Kansas City streetcar 03:46

Ride with Yael Abouhalkah behind a Kansas City streetcar

Kansas City's first food truck hub draws hundreds for grand opening 01:50

Kansas City's first food truck hub draws hundreds for grand opening