House Republicans' American Health Care Act would cost 24 million more people to lose their health insurance in a decade, according to the highly anticipated Congressional Budget Office report [PDF].
The CBO also found that the legislation would reduce federal deficits by $337 billion from 2017-2026. The largest savings would come from reductions in outlays for Medicaid and the elimination of the Affordable Care Act's subsidies.
The bill was introduced last week and marked up in two House committees.…CBO: 24 million people would lose insurance under Republican plan
House Republicans' American Health Care Act would cost 24 million more people to lose their health insurance in a decade, according to the highly anticipated Congressional Budget Office report [PDF].
The CBO also found that the legislation would reduce federal deficits by $337 billion from 2017-2026. The largest savings would come from reductions in outlays for Medicaid and the elimination of the Affordable Care Act's subsidies.
The bill was introduced last week and marked up in two House committees.…
Kansas City's six Gordmans stores will close as a result of the regional off-price department store chain's filing for bankruptcy.
Omaha-based Gordmans Stores Inc. (Nasdaq: GMAN) announced Monday that it filed for Chapter 11 bankruptcy and plans to liquidate its inventory and assets.
"Until further notice, all Gordmans stores are operating as usual without interruption," Gordmans CEO Andy Hall said. "The management team and all of our associates remain committed to continuing to provide great merchandise…
Sprint Corp.'s store-within-a-store model with RadioShack may soon see a shakeup. According to a report by Bloomberg, RadioShack's successor is expected to file for bankruptcy.
Citing anonymous sources, Bloomberg said General Wireless Operations may file for bankruptcy in the coming days, which will likely result in liquidation.
General Wireless was formed through a partnership between Sprint (NYSE: S) and New York hedge fund Standard General LP. After RadioShack Corp. filed for bankruptcy in 2015,…
After NASA launched his fitness tech into space, Paul Francis is looking to bring it back to Earth. A local inventor, Francis built his Kansas City startup, OYO Fitness, around portable resistance devices.
Francis had always intended to use the technology for home gyms, but the astronaut application helped his business take off.
“I had been an inventor. … I was able to get a few things on the market and stay alive,” Francis said. “When this tech caught on, it was a big home run.”
Francis…
To satisfy the rapidly growing demand for wireless broadband, wireless carriers are aggressively expanding their network capacity. In addition, a number of municipalities are moving forward with Smart City initiatives, accelerated plans for autonomous vehicles and a growing list of IoT (Internet of Things) products and applications. These initiatives continue to add to the demand for more wireless network capacity.
The best solution is to deploy small cells and distributed antenna systems (DAS).…
This week, the Kansas City Business Journal ranks the top area breweries by barrels of beer produced in 2016.
The accompanying gallery shows the top 5 on The List. For the full List, subscribers can take a look at the weekly print edition of the Kansas City Business Journal. The List also includes address, phone, website, barrels of beer produced, product offerings, best-selling beer and head brewmaster. (Subscribers also can view the full Top Area Breweries List online.)
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