After a process that took 14 months to complete, the Federal Reserve Bank of Kansas City named a new president, who will take over on Aug. 21.

Boston-based hedge fund MFN Partners now has the largest single stake in Yellow Corp., owning 42.5% of the company.

Overland Park-based Custombilt Firearms Manufacturing filed a lawsuit in federal court to get its firearms dealer's license reinstated after it was revoked by U.S. Department of Justice Bureau of Alcohol, Tobacco, Firearms and Explosives.

Academy Bank formed a partnership with Treasury Prime to use their Banking-as-a-Service platform to easily and seamless connect with fintechs.

Academy Bank formed a partnership with Treasury Prime to use their Banking-as-a-Service platform to easily and seamless connect with fintechs.

A Boston-based hedge fund called MFN Partners LP placed a major bet on Yellow Corp.'s stock and now owns a 25% stake in the company, according to the Securities and Exchange Commission. Yellow is expected to file for bankruptcy soon.