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Kansas City Business News

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Sprint Nextel offers bonus to WiMAX chief	5/16/2008 1:52 PM
Sprint Nextel Corp. is dangling a $469,356 carrot to get its WiMAX venture up and running. (S)
Moody's considers downgrade for Sprint Nextel	5/16/2008 12:50 PM
Moody's Investors Services put two debt ratings of Sprint Nextel Corp. on review for a possible downgrade. (S)
Layne Christensen buys Indiana company	5/16/2008 12:36 PM
Layne Christensen Co. has bought Wittman Hydro Planning Associates for $2.5 million.
CEO: KC Economic Development Corp. faces budget crunch	5/16/2008 12:27 PM
The Economic Development Corp. of Kansas City's CEO said the city agency's budget confronts a "challenging year" after a nearly $300,000 financing cut from Kansas City.
UAW strike talks continue at GM's Fairfax plant	5/16/2008 11:01 AM
On Friday, United Auto Workers Local 31 entered the 12th day of its strike against General Motor Corp., starting talks at 8:30 a.m. about the possibility of resuming work at the Fairfax Assembly Plant. (GM)
Kansas City Star names Fannin editor, will cut staff	5/16/2008 10:02 AM
The Kansas City Star named Mike Fannin as editor on Thursday. (MNI)
KC reels in Pure Fishing distribution center	5/16/2008 9:59 AM
An Iowa-based fishing equipment company that's one of the leaders in its field will consolidate its distribution centers in a $16 million warehouse near Kansas City International Airport, the Economic Development Corp. of Kansas City's directors heard on Friday.
Missouri official expects Bombardier word in July	5/16/2008 9:57 AM
Missouri's economic development leader said Friday that he expects Bombardier Aerospace to announce in July whether to land a big aircraft assembly plant near Kansas City International Airport.
Macy's will house FAO Schwarz stores	5/16/2008 9:06 AM
FAO Schwarz will open toy stores in as many as 275 Macy's Inc. stores in the fall through an agreement the companies announced Friday.
American Italian reports preliminary financial data	5/16/2008 8:04 AM
American Italian Pasta Co. reported gross profit for its fiscal second quarter of $32.2 million and revenue of $139.6 million.

Kansas City Business News