Starbucks Corp. has announced it's closing 600 underperforming stores in the United States. The Seattle-based premium coffee company also announced today it expects to open fewer than 200 new company-operated stores in the United States in fiscal 2009.
A bankruptcy firm confirmed today that it is working with apparel retailer Steve & Barry's to negotiate with its lenders and review strategic alternatives.
Executive AirShare, founded in Wichita, has added to the number of Phenom 100 very light jets it has on order with Brazil-based Embraer.
A Chinese investment fund manager's bid for the chance to have lunch with billionaire Warren Buffett was the largest ever in a charity auction on eBay and surprised even Buffett.
Missouri regulators today approved a proposed merger between Kansas City utilities Great Plains Energy Inc. and Aquila Inc. The Missouri Public Service Commission voted 2-1 with little debate to allow the two utilities to join. Regulators are drafting a more than 200-page order that will take effect July 11.
KAKE, Channel 10, president and general manager Terry Cole announced his resignation to his staff this morning. "Today's a bittersweet day," said marketing director Bryan Frye.
A Minnesota judge ruled that Wal-Mart cut short employees' rest and meal breaks and forced them to work off the clock, violating the state's labor laws 2 million times.
Mulvane State Bank has changed its name to Carson Bank. The $84 million bank with offices in Mulvane, Derby, Wichita and Kansas City, Mo., said the name change is effective today.
Kansas ranks among the least expensive states for nursing home care in the nation, according to a new report by the AARP Bulletin.
Boeing Co., already facing a delay of at least 14 months on its 787 Dreamliner aircraft, said it will know soon whether a supplier's damage to the fourth of six test planes will have an effect on the full program.
Kansas fell for the second consecutive month in a Creighton University survey of regional business conditions. Kansas' Business Conditions Index for June was 42.7, down from 42.8 in May and 55.0 in April.
Bank of America Corp. has completed its purchase of Countrywide Financial Corp., making the Charlotte-based bank the nation's leading mortgage originator and servicer.
Oil prices climbed to $142 a barrel Tuesday amid concerns about tensions between Iran and Israel and a weakening dollar.
Chrysler LLC says it will indefinitely close one Missouri plant and cut production at another due to slumping demand for trucks and other large vehicles.
More than four dozen House Republicans asked the Environmental Protection Agency today to reduce required ethanol production this year, saying renewable fuel standards enacted by Congress will boost already high corn prices in the wake of Midwest floods.
Regulators on Monday lifted the embargo on wheat fields in northwest Kansas after test results showed levels of the toxic fungicide were either not detectible or below allowable tolerances, the Kansas Department of Agriculture said.
Boeing has agreed to pay a $3 million fine for exceeding value limits on the purchases of parts from foreign suppliers for its military products.
The deal to sell Wild West World to a Florida company closed this afternoon, said Ed Nazar, the park's bankruptcy attorney. AHG Group paid $2.15 million for the Park City amusement park nearly one year after the park closed.
Rob Allison, recently retired president of Bank of America for Wichita and the state, has joined Wichita State University as interim director of the Center for Economic Development and Business Research.
Starting Tuesday, Kansas employers with 250 or more employees must file quarterly wage reports and unemployment taxes electronically with the Kansas Department of Labor.
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