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July 2010 - Posts
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Vacancies at Kansas City-area shopping centers stayed above 12 percent in the second quarter, according to the Orange Report, a quarterly report issued by Lane4 Property Group Inc.
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The Health Care Foundation of Greater Kansas City has awarded $5 million to area organizations through 24 mental health grants.
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Kansas City ranks among the top 10 cities for young adults, according to Kiplinger.com.
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Costs are rising for Midwest employers, according to a report released by the U.S. Bureau of Labor Statistics on Friday.
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Hoefer Wysocki Architects LLC will move its headquarters — and 67 jobs — across the state line to Leawood.
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Founder’s Plaza, a new entrance on the north side of Arrowhead Stadium, was dedicated on Friday morning, with National Football League Commissioner Roger Goodell as the guest of honor.
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Swope Community Builders has bulked up its leadership team, adding a chief operating officer and a project manager for the $340 million East Village development as it moves toward construction. (HRB) (S)
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American Italian Pasta Co. CEO Jack Kelly has decided to leave following the $1.2 billion sale of the Kansas City-based pasta maker. (RAH)
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After a slump in June, manufacturing activity rebounded in July, according to the latest survey by the Federal Reserve Bank of Kansas City.
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Gaining speed after a bumpy 2009, Entertainment Properties Trust recorded a second quarter that CEO David Brain described as “extremely productive.” (EPR)
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When Marilyn Holloway was diagnosed with terminal colon and *** cancers, her doctors gave her six months to live.
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William Jewell College graduates’ salary potential ranks in the top 50 among liberal arts colleges nationwide, a new study found.
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Most laid-off executives are finding new positions at the same or higher levels than their previous jobs, according to a study released Thursday by Right Management. (MAN) (HRB)
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Kaplan University and Kauffman FastTrac, which offers training for entrepreneurs, are teaming up to offer two new online graduate certificates that help students prepare for careers running businesses. (WPO)
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Former AMC Entertainment Inc. CEO Peter Brown is joining the board of Cinedigm Digital Cinema Corp., a company that works with exhibitors, distributors and studios to provide digital programming to movie theaters.
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Assurant Employee Benefits posted improvements in both income and premiums for the second quarter, helped by fewer instances of disability and death among the insurer’s clients. (AIZ)
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Kansas City is far from alone in having its foreclosure rate climb from a year ago — 154 of the 206 large U.S. metro areas are in the same situation, according to a report released Thursday by RealtyTrac Inc.
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Clearwire Corp. is following Sprint Nextel Corp. in selling wireless Internet service through Best Buy stores. (S) (BBY)
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Cerner Corp. says demand for its medical software, including sales tied to federal stimulus money, continued to drive revenue and profits in the second quarter.
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Compass Minerals’ second-quarter revenue grew, but earnings dipped because of lower fertilizer pricing. (CMP)
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Social networking sites reach a higher percentage of women than men globally, with 75.8 percent of all women online visiting a social networking site in May 2010 versus 69.7 percent of men, according to a study released Wednesday by comScore Inc.
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For the eighth month in a row, year-over-year home building permit activity increased in the greater Kansas City area, according to a Home Builders Association of Greater Kansas City Wednesday release.
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Butler National Corp. just wrapped up what it describes as the most successful fiscal year in the Olathe-based company’s history.
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H&R Block Inc. has hired Fallon Group Inc. of Minneapolis as the agency of record for its $155 million advertising account. (HRB)
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Tortoise MLP Fund Inc., a new fund that invests in natural gas-related businesses, plans to raise $1.06 billion through an initial public offering. (NTG)
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Three new tenants — Windsor, deb shops and CLEAR — have opened or will open soon at Independence Center. (S)
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The head of Sprint Nextel Corp. said the company continues to face shortages of its popular HTC EVO 4G smartphone and doesn’t know when it will get caught up. (S) (T)
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Lower operating expenses helped DST Systems Inc. nearly double its second-quarter profits. (DST)
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Unemployment in the Kansas City metro area edged up from May to June, though it remained lower than a year ago, according to a report the U.S. Bureau of Labor Statistics released Wednesday.
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Waddell & Reed Financial Inc. posted a 46.1 percent gain in second-quarter earnings, spurred by a jump in assets under management despite market volatility. (WDR)
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Sprint Nextel Corp. had a net gain in wireless subscribers for the first time in three years. The positive subscriber news topped a second-quarter report released Wednesday in which the company said it continued to lose money, but met Wall Street expectations. (S)
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American Italian Pasta Co. now belongs to St. Louis-based Ralcorp Holdings Inc. (RAH)
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Wayne W. Williamson, an Olathe doctor, pleaded guilty in federal court Tuesday to charges that included illegally supplying prescription drugs for resale.
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Epiq Systems Inc. said second-quarter profits rose 35 percent on strong results from its electronic legal discovery business, as well as continued increases in bankruptcy filings.
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Bruce Rohde, former chairman and CEO of ConAgra Foods Inc., was elected to the H&R Block board of directors on Tuesday. (HRB) (GLCH)
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Executive AirShare has expanded, setting up a fourth maintenance facility in Kearney, Mo.
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When Sprint Nextel Corp. releases second-quarter results Wednesday morning, investors will get their first clue as to whether the popular HTC EVO 4G is helping the wireless carrier turn the corner financially. (S) (T)
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Commuters along College Boulevard’s business corridor will have to navigate around its intersection with Antioch Road, starting Saturday.
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YRC Worldwide Inc. doesn’t report final second-quarter results until next week, but if freight levels rose as indicated, its results may have outpaced the overall trucking industry.
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Consumer confidence dropped for the second straight month in July, prompting a bleak outlook for the back-to-school shopping season, The Conference Board said Tuesday.
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A straw buyer in a mortgage fraud scheme in Overland Park will spend one year plus one day in federal prison.
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Kansas City Southern blew past Wall Street expectations in the second quarter, with profits and revenue easily besting totals from a year ago. (KSU)
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Rhycom Sports, a division of Overland Park-based marketing and communications agency Rhycom Inc., has a three-year contract to partner with the National Association of Intercollegiate Athletics.
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Kansas Bioscience Authority, at its annual stakeholders’ meeting Monday, said it would be one of nine partners with the U.S. Department of Agriculture’s Agricultural Research Service — a role it hopes will help propel Kansas as a national force in biotechnology.
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More than 100 investors have been awarded restitution of $574,000 to compensate for losses allegedly suffered when former Bankers Life and Casualty Co. insurance agent James Otto of Overland Park handled their finances.
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The vast majority — 84 percent — of U.S. exports are produced in the nation’s metropolitan areas, places on which the United States needs to focus if it hopes to boost exports, a new Brookings Institution study says.
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Caymus Real Estate LLC, a new Kansas City-based commercial real estate firm formed in May, already has branched out to a second market: Columbus, Ohio.
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Mexican restaurant chain Salsarita’s Fresh Cantina will hold a ribbon-cutting for its first Kansas City-area restaurant on Thursday in Overland Park.
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After working through the weekend, Kansas City Southern has reopened lines of its Mexican rail network that had been shut down by the effects of Hurricane Alex. (KSU)
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Westar Energy Inc. is taking bids to develop as much as 200 megawatts of renewable energy through a power purchase agreement.
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Local shopping centers are gearing up for Missouri’s coming annual “Back to School” sales tax holiday — a weekend as big as during the holiday shopping season.
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Thursday brought seven sentences to defendants charged in a $12.6 million mortgage fraud scheme in Lee’s Summit and Raymore.
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The University of Kansas Medical Center has received $4.5 million from Susan G. Komen for the Cure for *** cancer research.
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Samuel Logan, a partner in law firm Foulston Siefkin LLP’s Overland Park office, faces federal charges of enticing a minor to have sex and one count of sending and receiving child pornography.
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Verizon Wireless added 1.4 million subscribers in the second quarter, including 665,000 customers who sign long-term contracts.
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Kansas and Missouri saw increases in the number of initial claims for unemployment in June, though the number of mass layoffs varied, according to a report the U.S. Bureau Labor of Statistics released Friday.
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The Missouri Department of Transportation has chosen Pyramid Contractors Inc. to help solve the traffic nightmare created last weekend when part of westbound Interstate 470 in the Three Trails Crossing collapsed.
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ICOP Digital Inc. says its shares have avoided being delisted from the Nasdaq stock exchange after the company implemented a one-for-10 reverse stock split.
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A vast majority of Missouri and Kansas small businesses would qualify for health insurance tax credits this year, according to a report issued Thursday.
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So far, Penn National Gaming Inc. has spent about $15.8 million on its Hollywood Casino at Kansas Speedway project in Kansas City, Kan.
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The U.S. economy appears headed toward slower growth in the fall, according to The Conference Board Leading Economic Index.
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Money is starting to flow to the National Nuclear Security Administration’s new 1.5 million-square-foot manufacturing campus, meaning the bulldozers, cranes and construction crews aren’t far behind.
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Antheus Capital LLC is poised to push its multifamily development investment in Kansas City’s Hyde Park neighborhood past the $100 million mark.
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AT&T Inc. reported second-quarter financial performance Thursday, showing strong results in two areas competitor Sprint Nextel Corp. is focused on — prepaid wireless and connected devices, such as e-readers and programmable thermostats. (T) (S)
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Kansas Citians made about 1 percent less than the national average last year, according to a new report from the U.S. Bureau of Labor Statistics that lays out the gaps in pay among metro areas.
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The Missouri Foundation for Health is set to receive $2 million from the federal government to reduce obesity and tobacco use throughout the state.
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UMB Fund Services Inc. has wrapped up its purchase of a J.P. Morgan business that provides back-office and middle-office services for asset managers’ retail-managed accounts.
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For the fourth consecutive month, passenger traffic at Kansas City International Airport rose, with 946,140 passengers arriving and departing from the airport in June, according to statistics the Kansas City Aviation Department released Wednesday.
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The Missouri Department of Transportation said Wednesday that it plans to reopen the collapsed Interstate 470 interchange to Interstate 435 West by Sept. 30.
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A St. Louis-based company has acquired four skilled-nursing facilities in the Kansas City area.
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President Obama on Wednesday signed into law sweeping financial reform legislation.
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A Kansas City-area group of members of the United Brotherhood of Carpenters has merged with a corresponding St. Louis group.
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JE Dunn Construction Co. is defending construction paperwork that has become the target of Trilogy Development Co. LLC, which is trying to invalidate JE Dunn’s $12.4 million lien on the bankrupt West Edge project.
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The former head of Florida’s toll road system — the nation’s fourth-largest — has joined HNTB Corp. to help operate its toll practice.
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Goldman Sachs & Co. has agreed to repurchase more than $60 million in auction-rate securities from Missouri investors, according to a settlement with Secretary of State Robin Carnahan.
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Dan Schulman, leader of Sprint Nextel Corp.’s fast-growing prepaid wireless division, is departing for a job with American Express Co. (AXP) (S)
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'<p>Article In:<br />Money Magazine<br />July 2010</p>'
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A survey of Kansas City-area businesses shows some signs that the recession may be easing but finds no end to economic worries.
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Enterprise Financial Services Corp., parent of Enterprise Bank & Trust, reported a profit of $737,000 in the second quarter, compared with a loss of $301,000 in last year’s restated quarter.
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Progress Rail Services Corp. will move 35 employees next week into its recently leased space in Centerpoint Business Park in Independence. (CAT)
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Despite flat revenue, Harley-Davidson Inc. reported earning $71.2 million in the second quarter, a substantial jump from $19.8 million during the same period a year prior. (HOG)
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A new competitor has emerged to challenge Clearwire Corp. and Verizon Wireless in the race for fourth-generation wireless customers. (S) (TWC) (T)
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The Overland Park Soccer Complex is expected to bring a revenue score for the Kansas City-area economy when it hosts the Under-19 Boys US Youth Soccer National Championships this week.
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Upromise Investments Inc., a subsidiary of a Fortune 500 company, has chosen Kansas City for its second client service center, which will create 35 local jobs by the end of the year, Missouri State Treasurer Clint Zweifel said in a formal announcement Tuesday morning. (SLM) (DST)
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Marshall & Ilsley Corp., parent of M&I Bank, narrowed its quarterly loss as it continued making progress in its problem-loan portfolio, but the loss was larger than analysts had predicted. (MI)
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John Latshaw, a Kansas City investment banker and businessman, died on Sunday. He was 88.
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Unemployment rates in Missouri and Kansas slid again in June, according to information released by the U.S. Bureau of Labor Statistics on Tuesday.
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Sprint Nextel Corp. has completed a five-year, $750 million retooling of national broadcast spectrum that will give the company — and the wireless industry in general — additional capacity for Internet or voice calls. (S)
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Prices of Kansas City-area homes are expected to fluctuate until fall, then begin a slow, steady rise.
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HCA Midwest has hired Sarah Bloom as its new chief information officer.
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A new location near Interstate 29 and a recent focus on Internet promotion has revved up Worth Harley-Davidson North’s sales to out-of-town customers this year, its owners say.
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A Kansas City-based health insurance provider is administering the federal government’s high-risk insurance pool, meaning a $2 billion grant that’s expected to create 100 new jobs in Kansas City.
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An Olathe company — International Vehicle Care Inc. — and its CEO have been ordered to repay more than $1.43 million to investors in the face of fraud allegations.
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Missouri State Treasurer Clint Zweifel will be in Kansas City on Tuesday to announce that UPromise Investments Inc., a Fortune 500 subsidiary, is bringing 35 jobs to town.
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Missouri State Treasurer Clint Zweifel will be in Kansas City on Tuesday to announce that UPromise Investments Inc., a Fortune 500 subsidiary, is bringing 35 jobs to town.
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H&R Block Inc. could be getting a merger proposal from Liberty Tax Service, Bloomberg reports. (HRB)
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The largest creditor in the West Edge bankruptcy also is claiming that JE Dunn Construction’s mechanic’s lien is invalid.
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Sprint Nextel Corp. says its first Android-equipped phone for push-to-talk customers will go on sale this weekend. (S)
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Cerner Corp. has hired Matthew Swindells, a health care, technology and policy expert from the United Kingdom, to serve as a senior executive in Cerner’s global organization.
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Two Kansas City-based executives will serve on the Missouri Health Insurance Pool board of directors.
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The Ewing Marion Kauffman Foundation this week sent a call out to aspiring entrepreneurs who have ideas for high-growth companies that will transform the education market.
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Prices for Midwest consumers did not change in June from the prior month, although they did increase by 1.2 percent from June 2009, according to the Consumer Price Index for All Urban Consumers released Friday by the U.S. Bureau of Labor Statistics.
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Venture capital investments in Kansas surged almost 71 percent in the second quarter as firms poured money into life sciences and technology startups, a new study says.
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Professional hiring firm Nextaff LLC has bought Kansas City-based Comprehensive Compensation Management Group, an employee leasing and payroll provider, in an effort to fill out the work force services it offers.
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This did not compute to Tom Trabon: 30,000 Kansas City businesses and two business-retention employees on the Economic Development Corp. of Kansas City staff. (GXP)
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Thomas Bloch, son of H&R Block Inc. founder Henry Bloch, will not seek re-election as a director, citing concerns about the direction of the company. (HRB)
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Trinity Architectural Products, which makes custom wood products, plans to move from Lenexa to Kansas City and add 50 new jobs within a year.
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The Obama administration has released rules directed at insurance companies regarding coverage for prevention and wellness.
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Hallmark Cards Inc. is offering a line of personalized baby announcements, according to a release issued Thursday.
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Technology industry layoffs dipped dramatically in the first six months of the year, falling to just 35,375 job losses from 118,108 positions during the same period a year prior, Challenger Gray & Christmas Inc. reported. (S)
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Gov. Jay Nixon signed the Missouri Automotive Manufacturing Jobs Act on Thursday afternoon, calling it a turning point in the fight for the future of manufacturing in Missouri. (F)
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Same song, umpteenth verse: Home foreclosure activity in the Kansas City area is up.
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Commerce Bancshares Inc. reported strong second-quarter numbers mainly from higher fees, lower expenses and a stronger loan portfolio.
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Sprint Nextel Corp. is launching a new low-cost offer under its Virgin Mobile brand aimed at people who use their phones mainly to talk. (S)
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HCA Midwest Health System held an open house for its new cancer diagnostic and treatment facility Wednesday afternoon.
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In a summer of movie sequels, AMC Entertainment Inc. is trying to go public — again.
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A former Kansas City resident was brought back to town to answer to a federal grand jury’s indictment accusing him of passing bogus casino chips.
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Newspapers and magazines using Handmark Inc. to develop their mobile phone applications will be able to provide advertisers with detailed, certified data about who’s using those applications, the software company said.
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Retail sales in June showed strong growth from last year, even though sales were down from May, according to numbers the National Retail Federation and U.S. Commerce Department released Wednesday.
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Gordon Atcheson is the newest judge on the Kansas Court of Appeals after his Wednesday appointment by Gov. Mark Parkinson.
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Lofty pre-construction projections and a sliding economy have conspired to force Kansas City’s hand in subsidizing the Kansas City Power & Light District well into the foreseeable future.
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The Missouri Senate on Wednesday morning passed the Manufacturing Jobs Act, which includes incentives for Ford Motor Co.’s Kansas City Assembly Plant, despite a filibuster attempt. (F)
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The Missouri Manufacturing Jobs Act, which includes an incentive package of as much as $100 million for Ford Motor Co., is headed to Gov. Jay Nixon. (F)
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The Kansas Bioscience Authority investment committee voted Tuesday to recommend three financing proposals worth a total of $2.13 million to the full board of directors.
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Kansas City Southern says it will take longer than expected to restore rail service to some of its Mexico lines following Hurricane Alex. (KSU)
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Sprint Nextel Corp. is expanding into Florida with its free wireless phone service for the poor. (S)
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Alan Bennett, the new CEO of H&R Block Inc., is guaranteed to make at least $2.55 million in his first year on the job, not including stock options and other perks. (HRB)
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The University of Kansas Hospital Authority Board on Tuesday approved a $50 million expansion to the hospital’s Center for Advanced Heart Care.
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After stalling in a Missouri Senate committee for more than a week, the Manufacturing Jobs Act has accelerated to the Senate floor. (F)
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All private insurers participating in the federal crop insurance program have signed an agreement that the U.S. Department of Agriculture says will save the government $6 billion during the next decade.
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Goldblatt Tool Co. has completed a sale-leaseback deal involving its 57,000-square-foot headquarters in Olathe.
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Prospects are brightening for employees who have been hoping next year might bring a larger raise, but only slightly, according to research The Conference Board released Tuesday.
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Mark Holecek has been chosen to manage the Kansas City site office for the National Nuclear Security Administration.
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First Olathe Bancshares Inc. and subsidiary Bannister Bancshares Inc. both are operating under regulatory agreements designed to maintain their strength.
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Nestled in a 2,200-square-foot space along Grand Boulevard in Kansas City’s Crossroads Arts District is a men’s clothing boutique that offers a local emphasis with more than just fashion: It’s also an art gallery, lounge and event space.
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The federal government has issued its final regulations for meaningful-use information technology — regulations that professionals and hospitals must follow to get a piece of a $27.3 billion pot.
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Cerner Corp. President Trace Devanny has resigned and will serve his last day with the company on Friday.
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Quest Credit Union will move its Shawnee location to a newly remodeled space in Lenexa.
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Mr. Goodcents Subs & Pasta has named David Goebel as its CEO, replacing founder Joe Bisogno as the sandwich shop chain’s top executive.
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The Kansas City office of commercial real estate firm Cassidy Turley has announced that Peter Dunn has joined the office as its managing principal.
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Seven Kansas City-area companies are splitting about $17.1 million in Kansas Department of Transportation contracts for road resurfacing, bridge repairs, and other road and park maintenance projects.
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Four Kansas health care provider organizations announced a collaborative effort Monday to get a statewide health information exchange up and running.
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Jack Kilroy Sr., a founder of one of Kansas City’s prominent law firms, died on Friday. He was 92.
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The Major Indoor Soccer League is returning to the Kansas City area after a five-year absence, with the Comets agreeing to play home games at the Independence Events Center.
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Ameristar Casino Hotel Kansas City saw wins in revenue and customers in June after five straight months of year-to-year decreases.
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YRC Worldwide Inc. is continuing to signal a more positive second quarter, and Wall Street analysts say the trucking market is picking up.
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Sprint Nextel Corp. is launching fourth-generation wireless service in seven new markets, including its first markets in New York and California. (S)
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Saint Luke’s Brain and Stroke Institute has opened a second location for its Brain Fitness Center.
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Federal prosecutors in Kansas City think that an identity theft investigation that started in Overland Park led to the unraveling of a nationwide black market travel agent scheme.
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U.S. Energy Secretary Steven Chu has authorized an extension of Honeywell Federal Manufacturing & Technologies’ contract to run the missile weaponry factory in Kansas City for as long as five years.
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A federal court in Chicago has dismissed a lawsuit claiming GPS device-makers Garmin Ltd. and TomTom NV violated a patent covering touch-screen technology.
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The Missouri Manufacturing Jobs Act, which includes tax incentives to encourage Ford Motor Co. to invest in its Kansas City Assembly Plant in Claycomo, is lingering in the Missouri Senate’s version of purgatory. (F)
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Smith Electric Vehicles U.S. Corp. has received an additional 60 days to finalize the proposed purchase of its British partner.
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Sprint Nextel Corp. has tweaked the targets for its executives to collect short-term bonuses, placing more emphasis on attracting 4G customers.
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NorthCare Hospice will open Kansas City’s second — and Missouri’s third — hospice house in August.
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Sprint Nextel Corp. is losing about 50,000 prepaid customers — but not permanently. (S)
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Kansas City Southern has halted some freight traffic between Mexico and the United States while it repairs damage that Hurricane Alex inflicted on its rail lines in northern Mexico, the company said late Thursday. (KSU)
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H&R Block Inc. has experienced a wave of changes preceding and during Russ Smyth’s tenure as CEO. (HRB)
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H&R Block Inc. has experienced a wave of changes preceding and during Russ Smyth’s tenure as CEO. (HRB)
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CEOs of small and midsized businesses in the Midwest are showing improved confidence in the economy, according to the Vistage CEO Confidence Index.
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Smith Electric Vehicles U.S. Corp. established itself in the Kansas City area about a year and a half ago, starting with little more than a leader, a technology and a plan.
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Smashburger will open a second Johnson County location in Olathe on Aug. 3.
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President Obama used a visit Thursday to Kansas City’s Smith Electric Vehicles U.S. Corp. to defend his administration’s use of grants and other stimulus spending to help pull the nation out of recession. (HOG) (F)
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President Obama visited Kansas City on Thursday, stopping at an electric vehicle plant to talk about the economy of the future, the stimulus package and job creation.
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Landlords and economic development officials on both sides of the state line are struggling to land KeyBank Real Estate Capital’s area office and its 300 jobs. (S)
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Whether the economy is in the pits or on cloud nine, startups are the reason behind any net job growth, a new study from the Ewing Marion Kauffman Foundation reports.
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Wells Fargo will shutter Wells Fargo Financial, closing its 638 branches nationwide and eliminating 3,800 positions. (WFC)
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Alan Bennett already has proved himself capable of leading H&R Block Inc. through a period of turmoil. Now, he gets the chance to do it again. (HRB)
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Overland Park is searching for a new city manager after John Nachbar tentatively accepted a job in California.
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Russ Smyth has resigned as president and CEO of H&R Block Inc., according to a filing with the Securities and Exchange Commission on Wednesday. (HRB)
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Russ Smyth has resigned as president and CEO of H&R Block Inc., according to a filing with the Securities and Exchange Commission on Wednesday. (HRB) (MCD)
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Dickinson Financial Corp. announced Wednesday that it has reached an agreement to sell all the Kansas and Missouri assets of Bank Midwest to NBH Holdings Corp. for an undisclosed amount.
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President Obama will use his visit to Smith Electric Vehicles U.S. Corp. in Kansas City on Thursday to highlight how the federal government is using stimulus grants to encourage more private investment and job creation, administration officials said.
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This month, Missouri and Kansas will receive a combined $11 million in federal grants to improve hospital preparedness and emergency response.
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Kansas City is looking for a private partner to help expand its fiber-optic network.
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The Centers for Medicare & Medicaid Services on Wednesday released the results of an expanded Hospital Compare survey that includes outpatient outcomes at various hospitals, including 24 in the Kansas City area.
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Fourth-quarter employment fell, but wages rose in the four largest counties in the Kansas City metro area, compared with the same quarter of 2008, according to the U.S. Bureau of Labor Statistics.
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Online Holding Co. has bought The San Francisco Music Box Co., a musical gifts business whose prior owner had stopped stocking its products at the end of last year.
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Blockbuster Express movie rental kiosks will debut in about 70 Kansas City-area QuikTrip convenience stores as part of the movie rental retailer’s attempts to gain market share against kiosk competitor Redbox. (BBI)
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Kansas City is one of nine U.S. markets where Time Warner Cable has begun selling the Sierra Wireless IntelliGo, a portable hot spot that can provide wireless Internet service to as many as five WiFi-enabled devices, the companies announced Tuesday. (TWC) (S)
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'<p>Overland Park's <a href="http://r20.rs6.net/tn.jsp?et=1103529942149&s=1004&e=001qQTRtLYaiKuuEkx1oLkFpyEWtN1HM7kgr96A_3DeyQ6F5iREgmbvKAjxWH4Fh0UavpEKPd2fw5NsM9erMVgYGmQKY4lAerjY7E9SXuFDlQpyDKWkhvrFD0J9VI4SOkiQ27EGq_K2OSbjtGSjuecoGFf4ii2-unzA_QKmGH94vIl4FGqJaGTP8YktfIiFmcmFg2G5jr21gkk=" target="_blank">Arboretum and Botanical Gardens</a> has your tune.<br /><br />Its July concert series starts Thursday with Americana.<br />' ...
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Local and national health industry leaders — including Kathleen Sebelius, secretary of the U.S. Health and Human Services Department — gathered Tuesday in Kansas City to discuss the future of drug development in the country.
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The U.S. Postal Service is requesting rate increases ranging from 2 cents for a first-class stamp to as much as 8 percent for periodicals through a proposal submitted Tuesday to the Postal Regulatory Commission.
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Regulators have satisfied one of the conditions that will allow Ralcorp Holdings Inc. to proceed with its planned $1.2 billion purchase of Kansas City-based American Italian Pasta Co. (RAH)
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CrossFirst Holdings LLC has wrapped up its acquisition of Town & Country Bank and will rename the bank CrossFirst Bank Leawood.
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An index that tracks U.S. employment trends improved last month, but fell short of expectations that had been prompted by recovery in production.
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A federal court has dealt YRC Worldwide Inc. a setback in its attempt to avoid making more than $21 million in debt payments next month.
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The U.S. Department of Health and Human Services has approved $81 million for Missouri’s high-risk insurance pool.
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Congress has approved legislation extending the deadline for buyers to close on the purchase of a home and receive a federal tax credit of as much as $8,000.
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Kansas Gov. Mark Parkinson has established a nonprofit organization to help set up the state’s health information exchange.
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A subsidiary of One Liberty Properties Inc. has bought an 88,248-square-foot Kohl’s Department Store in Kansas City, North for $8.95 million in cash.
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IBM and the University of Missouri plan to cast a “cloud” over Kansas, Missouri and the Midwest in an effort to bolster the Kansas City region’s life sciences industry. (IBM)
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Entertainment Properties Trust said Friday that it has completed two transactions — raising $250 million and getting a new credit line — that refinance a significant portion of its outstanding debt and strengthen its capital structure. (EPR)
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Missouri’s fiscal year 2010 ended with revenue down 9.1 percent compared with the prior fiscal year.
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The effort to pass the Missouri Manufacturing Jobs Act and its incentives for Ford Motor Co. continues to progress in the Missouri Senate, but it has suffered a few delays. (F)
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Entertainment Properties Trust has signed a six-year lease for 32,000 square feet in the historic 909 Walnut building. (EPR)
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The nation’s unemployment rate dipped to 9.5 percent in June, but 14.6 million people remain unemployed, the U.S. Bureau of Labor Statistics said Friday.
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Ford Motor Co.’s sales rose 13.3 percent from a year ago, but two of the vehicle types made at the company’s Kansas City Assembly Plant in Claycomo, Mo., posted much larger gains. (F)
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Kansas City-area cupcake stores have been baking up business during the economic recession. Several locally based cupcake bakeries — including Smallcakes: A Cupcakery, Cupcake A La Mode and BabyCakes — recently have opened or expanded in the Kansas City area, and they plan to keep growing.
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Great Southern Travel has acquired Olathe-based Pathfinder Travel and Cruises in an all-cash deal for an undisclosed amount.
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Sales of General Motors Co.’s four brands increased 36 percent in June compared with a year prior, the sixth straight month of gains exceeding 20 percent.
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A former Columbian Bank and Trust employee got two years of probation at sentencing on Tuesday for disclosing confidential bank information.
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Sizewise LLC acquired an 81,000-square-foot manufacturing facility in Hays, Kan., on Wednesday, doubling the company’s production capacity.
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The good news: Kansas City-area drivers will have to dodge highway construction a lot less during the next five years.
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Bickford Senior Living has sold three of its assisted living facilities to a Tennessee-based investment trust for $11.5 million. (NHI)
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U.S. venture-backed business exits continued to be strong in the second quarter with the highest number of initial public offerings since the end of 2007, according to a new report.
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Ford Motor Co.’s Kansas City Assembly Plant in Claycomo, Mo., is heading into its annual summer break — but a special legislative session that could play a role in its future continues. (F)
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After nine months of operation, Novita Therapeutics LLC has brought in nearly $1 million in investments.
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Frontier Airlines is adding nonstop service from Kansas City International Airport to Austin, Texas — the fourth nonstop destination it’s added from KCI this year.
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