With a massive debt problem hanging over it, Yellow Corp. says that to avoid bankruptcy it needs additional concessions from International Brotherhood of Teamsters workers. But the union says its members already have given enough.Teamsters balk at new concessions as Yellow tries to avoid bankruptcy
With a massive debt problem hanging over it, Yellow Corp. says that to avoid bankruptcy it needs additional concessions from International Brotherhood of Teamsters workers. But the union says its members already have given enough.
Mergers & acquisitions are down in 2023 — but local experts say parties are finding ways to arrive at deals.
UMB Bank joined the ranks of banks in the midst of laying people off but declined to share any details. A reliable source puts the number around 100, but UMB officials say the figure is "not material to our business" so it won't discuss it publicly.
Leawood-based CrossFirst Bank laid off 22 of its 500 employees as part of an efficiency project in the wake of acquiring two banks in the past year. CEO Mike Maddox also points to margin concerns in an uncertain economy.
The Kansas City Pioneers are creating several new esports tournaments throughout the Midwest this year and will participate in the world's largest esports tournament in Saudi Arabia.
Cierra Williams, the majority owner of a paving and concrete business called Tycon Co. in Lee's Summit, claims her company's finances are a mess right now because Kansas City government ignored a court injunction and paid the wrong party.