Scott Simkins could get as much as 23 years in federal prison for embezzling at least $3.1 million from his former employer. Even then, he still must contend with his former employer's civil lawsuit accusing him of stealing from the company.

Everyone has seen it in movies: The point in a wedding when the crowd is asked to speak now or forever hold its peace about objections. That’s Canadian National Railway Co. piping up about the union of Kansas City Southern and Canadian Pacific Railway Ltd. The jilted suitor for KC Southern (NYSE: KSU) filed an official notice with the Surface Transportation Board seeking to condition any approval of the merger with Canadian Pacific (NYSE: CP) on divesting a stretch of KC Southern rail from Kansas…

Presidents at Big 12 Conference schools are expected to vote Friday to extend formal offers to four schools — Houston, Cincinnati, Central Florida and Brigham Young — to join after current members Texas and Oklahoma announced plans to join the Southeastern Conference. The vote by Big 12 presidents is expected to be a "rubber stamp" exercise, CBS Sports reports. Although Texas and Oklahoma aren’t scheduled to depart for the SEC until 2025, they could leave earlier, The Associated Press reports.…

Kansas City Southern and Canadian National say they will consider what to do after the Surface Transportation Board took a vital component of their deal off the table. Canadian Pacific, whose bid KC Southern rejected, reaffirmed its offer and says it stands ready to engage in talks about a sale.

The Overland Park-based firm notches acquisition No. 2 of an expected eight this year in its push to become a national player.

Although the Kansas City Chiefs saw fewer people pass through Arrowhead Stadium, the team's share of the league's national revenue increased 4% in 2020.