Economics

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5 good reads: Investors and buyers increasingly are shopping for KC companies

Kansas City has long celebrated entrepreneurs, but it hasn’t always come through with the money needed to help promising young companies grow. But that’s changing — bringing the possibility of funding and keeping companies here, while also expanding th...

By | 2019-02-10T15:15:00+00:00 February 10th, 2019|Economics|

6 reasons business owners need a transition plan

Why do business owners need a transition plan? Below are six core reasons. 1. Transitioning out of a business likely is the most important financial transaction of an owner’s life. 2. Transitioning out of a business is complex. 3. The financial secu...

By | 2019-02-10T05:00:00+00:00 February 10th, 2019|Economics|

Top of the List: An inside look at the books for KC’s top ‘accounting’ firms

The Kansas City area is awash in accountants, from sole proprietorships to offices for the Big 4 accounting firms (Deloitte, Ernst & Young, KPMG and PwC). This year's Lists also includes locally based firms like MarksNelson LLC and Mayer Hoffman McCann...

By | 2019-02-08T13:00:00+00:00 February 8th, 2019|Economics|

U.S. Bank plans layoffs in Brookfield, impacting 40 jobs

U.S Bank intends to eliminate about 40 employees from a Brookfield office.  The layoffs are expected to begin April 5, according to a notice filed with the state’s Department of Workforce Development. Many of the positions are mortgage loan processors...

By | 2019-02-06T20:51:33+00:00 February 6th, 2019|Economics|

BofA honors Terrence Laughlin, late vice chair and Pittsburgh native, makes $2M gift to Pitt

Bank of America Corp. honored Terrence Laughlin, its late vice chairman of wealth management businesses, with $2.5 million in gifts to the University of Pittsburgh and St. Francis University. Laughlin, a Pittsburgh native, passed away last October at...

By | 2019-02-05T22:45:00+00:00 February 5th, 2019|Economics|

Merger further reduces Oregon’s dwindling bank count

Lewis & Clark Bank will acquire Clatsop Community Bank in a deal valued at $15 million. The banks announced the deal last week. The boards of each bank have approved the deal, but it's still subject to regulatory approval. It's expected to close in mi...

By | 2019-02-05T00:32:13+00:00 February 5th, 2019|Economics|