"With a great deal of energy and expense down the drain," plans for the so-called Ark were canceled.» Read More
Oct 11- Overview-- Sprint Nextel. The CreditWatch placement follows Sprint Nextel's announcement that it is in talks with Japan's Softbank Corp., which is seeking to buy all or part of Sprint Nextel.
*Sprint, Clearwire soar in afternoon trade; MetroPCS flat. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.
*Sprint, Clearwire soar in afternoon trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.
*Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp and U.S. operator Sprint Nextel Corp. are in talks about a deal that could see Softbank assume control of Sprint.
The agency reported Thursday it expects Kansas growers to harvest 82.5 million bushels of soybeans. The estimate for corn production in Kansas of 382.2 million bushels remains unchanged from last month.
The USDA now estimates that farmers will harvest 10.71 billion bushels of corn, down from last month's estimate of 10.73 billion bushels. The USDA said 69 percent of the nation's corn crop has been brought in from the fields as of Monday, more than double the average rate of the previous five years.
Sam Brownback hasn't ruled out having Kansas balance its budget by keeping its sales tax at the same rate rather than letting it drop next year as planned. Brownback acknowledged Wednesday that he's anticipating state revenues will dip temporarily because of massive income tax cuts he signed into law earlier this year.
TOPEKA, Kan.-- Some state lawmakers are criticizing the new Kansas Creative Arts Industries Commission for not disbursing funds to local arts groups. Lawmakers authorized $700,000 for the commission, to replace arts funding that had been vetoed earlier by Gov.
WICHITA, Kan.-- Kansas home sales rebounded this year and are forecast to rise another 6.3 percent in 2013 as the economy improves and pent-up demand brings buyers back into the housing market, economic researchers at Wichita State University said Thursday.
WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.
Carmen Wilkerson ran for mayor of St. George with one clear goal in mind for the tiny Missouri town: Get rid of it. In 2008, St. George _ known as a local speed trap _ had spent $200,000 more than it took into its coffers, according to county records. In its budget woes, St. George is far from alone.
WASHINGTON-- Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday. The Fed said growth improved in 10 of its 12 regional banking districts from mid-August through September, while leveling off in one region and slowing in another.
Oct 10- Alabama Power agreed to buy wind power from a second TradeWind Energy LLC wind farm to be constructed in the U.S.
WICHITA, Kan.-- Kansas Agricultural Statistics Service says growers have seeded 65 percent of the 2013 winter wheat crop in the state. Meanwhile, the fall harvest continues to make progress in Kansas. Most of the corn still left to cut is in western Kansas.
TOPEKA, Kan.-- Westar Energy Inc. says new wind farms in central and southwest Kansas are now producing power for its customers. The 201- megawatt Post Rock Wind Farm in Ellsworth and Lincoln counties began production Sept. 28. The Ironwood Wind Power Project farm in Ford and Hodgeman counties can produce up to 168 megawatts of electricity for Westar.
KANSAS CITY, Mo.-- Belfonte Ice Cream is recalling two types of ice cream that contain peanut butter because of the potential of salmonella contamination. The ice cream was sold between April 2010 and October 2012 in retail and convenience stores in Missouri, Kansas, Oklahoma and Arkansas.
--Coffeyville Resources LLC's indirect subsidiary CVR Refining LLC is issuing $500 million of second lien notes initially guaranteed by Coffeyville Resources. We expect that CVR Refining LLC will then become a subsidiary of the MLP, its $500 million notes will become unsecured debt, and the Coffeyville guarantee will fall away.
It aims to attract people who want to learn more about how Kansas health, agriculture and food environments intersect. Sessions are planned on healthy eating behaviors, farming in Kansas, the role of food and farm policy and challenges in producing healthy food.
ROCKFORD, Mich.-- Wolverine Worldwide Inc. and two private investment firms said Tuesday that they have completed their roughly $2 billion acquisition of the Collective Brands Inc., which owns the Payless ShoeSource retail chain and the Sperry Top-Sider, Saucony, Stride Rite and Keds shoe brands.
Oct 8- Members of the machinists union went on strike at the Bombardier Inc Learjet facility in Wichita, Kansas, on Monday after rejecting a contract offer that would raise healthcare costs.