Business Updates

Pink Door What-Not Shop in Delano to shrink by 10,000 square feet

Carrie Rengers, Have You Heard? May 17 at 4:41 p.m.

WICHITA — When one door closes, it doesn't necessarily mean another one opens.

Stocks rise on hopeful signs for the US economy
The Associated Press | May 17 at 3:17 p.m.
Encouraging news about the U.S. economy is extending the stock market's rally.
Wichita area’s April unemployment rate shows substantial drop
By Dan Voorhis, The Wichita Eagle | May 17 at 9:50 a.m.
The Wichita area unemployment rate dropped sharply to 6.0 percent in April from 6.7 percent in March, according to the Kansas Department of Labor.
Gorges Motor Co. plans event to mark 60th year
By Jerry Siebenmark, The Wichita Eagle | May 17 at 8:24 a.m.
Used car dealer Gorges Motor Co. is turning 60.
Financial and other challenges delay opening of Pacific Coast Pizza and Walkers Bar and Venue near Intrust Bank Arena
Carrie Rengers, Have You Heard? | May 17 at 6:25 a.m.
WICHITA — Pacific Coast Pizza and Walkers Bar and Venue were supposed to open next to Intrust Bank Arena in March, but they're still not in business yet.
Unemployment falls in 40 US states, rises in 3
By CHRISTOPHER S. RUGABER, AP Economics Writer | May 17 at 12:37 p.m.
Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country.
Kansas budget negotiations abruptly halted
By JOHN MILBURN, Associated Press | May 17 at 5:08 p.m.
Negotiations among Kansas legislators over the next state budget halted abruptly Friday, preventing an agreement on higher education spending, stalling discussions on tax legislation and delaying the end of an annual session that's already lasted longer than predicted.
Stocks rise on hopeful signs for the US economy
By STEVE ROTHWELL, AP Market Writer | May 17 at 3:45 p.m.
Encouraging news about the U.S. economy extended the stock market's rally Friday.
State unemployment drops slightly, to 5.5 percent
By Dan Voorhis, The Wichita Eagle | May 16 at 6:13 p.m.
The Kansas unemployment rate in April improved to a seasonally adjusted 5.5 percent, a slight drop from 5.6 percent in March, according to the Kansas Department of Labor.
GM stock rises above $33 for first time in 2 years
By TOM KRISHER, AP Auto Writer | May 17 at 4:03 p.m.
Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years.
European car sales up for first time since 2011
By COLLEEN BARRY, AP Business Writer | May 17 at 6:17 a.m.
The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker's association.
Futures rebound ahead of Conference Board report
The Associated Press | May 17 at 6:42 a.m.
U.S. stock futures are rising with markets headed for a positive week overall, as investors shrug off some unsettling reports from retailers this week.
Precious Debut 4D Ultrasound to open at Bristol Square Shopping Center
Carrie Rengers, Have You Heard? | May 16 at 4:45 p.m.
WICHITA — Precious Debut 4D Ultrasound will make its debut in the Bristol Square Shopping Center in Derby next week.
IRS will close all its offices 5 days as workers are furloughed
Julie Doll, Business Casual | May 16 at 4:33 p.m.
The IRS will be closing all of its offices for five days, the federal agency announced in a news release.
Starwood Hotels to open customer center in Wichita, hire 200 by end of year
By Dan Voorhis, The Wichita Eagle | May 17 at 8:58 a.m.
International hotelier Starwood Hotels announced Thursday that it is opening a customer contact center in Wichita that state officials say could create more than 900 jobs over five years.
Wichita Habitat for Humanity moving to Inter-Faith Ministries building
Carrie Rengers, Have You Heard? | May 16 at 11:46 a.m.
WICHITA — Wichita Habitat for Humanity is getting a new habitat of its own.
Wichita engineering, technology and aerospace job fair to feature several employers
Molly McMillin, Air Capital Insider | May 16 at 7:06 a.m.
A Wichita Engineering, Technology and Aerospace job fair will be held Tuesday, May 21, at the Wichita Marriott hotel.
Governor’s council seeks fitness award nominations
By Kelsey Ryan, The Wichita Eagle | May 16 at 10:44 a.m.
The Governor’s Council on Fitness is accepting nominations for the 2013 Kansas Health Champion awards, which recognize an individual and organization for encouraging and promoting fitness, according to a news release.
Cisco leads the Dow higher after earnings beat
The Associated Press | May 16 at 10:56 a.m.
Indexes are slightly higher at midday on Wall Street, pushing the stock market further into record territory.
Commerce agrees to buy Tulsa bank
By MARK DAVIS, The Kansas City Star | May 16 at 9:38 a.m.
Commerce Bancshares Inc. has agreed to buy a Tulsa bank for $40.6 million in Commerce shares.

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