Sprint is looking for co-sponsors for its business development program, which could change things for next year. Colorado-based Techstars cites Kansas City’s entrepreneurial community as a reason to stay involved “no matter what.”
About half of American workers say they’re not getting enough sleep. Family life, “flexible” or long work hours cut into sleep time. Many workers also say they wake up worrying about work. This isn’t good for workers or their work.
The Kansas City Council has approved rezoning to allow the United Methodist Church of the Resurrection to build a church on land currently occupied by a Kansas City Star parking lot between 16th and 17th streets and between McGee Street and Grand Boulevard.
The Lenexa-based company, which was one of the area’s most successful startups, said changing lifestyles made its retail jewelry parties in homes more difficult to hold. Fewer new reps meant the salesforce had declined by half from its peak. Business remained profitable, but there was a “stark realization” it was no longer sustainable.
Benchmark prices for a barrel of oil briefly pushed past $50 for the first time since last August. Still, Americans can enjoy the cheapest prices at the pump in 11 years this holiday weekend, saving nearly 50 cents a gallon compared with last year.
The warehouse giant reported earnings per share of $1.24, above the Wall Street expectation of $1.22. Its profit of $545 million was up 5.6 percent from the same quarter last year. Total sales reached $26.77 billion, up 2.6 percent from a year earlier but below the outlook of $27.07 billion.
A congressional committee on Wednesday grilled the TSA’s top administrator. But national screening woes so far have not been a concern at Kansas City’s airport. Some 208,000 passengers will fly in and out of KCI over the long Memorial Day weekend.
Lane4 Property Group, rebuffed by Overland Park city planners in its first, larger redevelopment proposal, has submitted a new $80 million vision for only the southeast quadrant of 95th Street and Metcalf Avenue.
K12itc, which provides customized technology solutions and services for K-12 school districts, received the Mr. K Award, named after the late Ewing Marion Kauffman, founder of Marion Laboratories and the original owner of the Royals. The Mr. K Award is based on business growth or sustainability, exemplary employee relations and a commitment to community service.
Sprint’s interest in raising cash means it expects to announce a leasing deal involving its wireless spectrum assets “within the next several months,” chief financial officer Tarek Robbiati said. Sprint already has raised more than $3 billion through sale-and-leaseback deals involving smartphones and network equipment it owns.
Chinese e-commerce giant Alibaba wowed investors when it went public in the U.S. in September 2014, and its profits have bucked Wall Street expectations amid the Chinese economy's slowdown. Yet its unorthodox business structure has raised eyebrows, it's been suspended from an anti-counterfeiting group, and now U.S. regulators are investigating its accounting practices.
A new plan for razing and replacing the closed Metcalf South Shopping Center calls for a Lowe’s Home Improvement store to be built along with smaller retail stores around the site perimeter. Lane4 Property Group, rebuffed by Overland Park city planners in its first, larger redevelopment proposal, on Wednesday submitted a new $80 million vision for only the southeast quadrant of 95th Street and Metcalf Avenue.
Monty Davis and John SleezerThe Kansas City Star
New plan for Metcalf South property includes Lowe’s store