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Kansas

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  • Kansas expected to harvest bountiful fall crops Tuesday, 12 Aug 2014 | 2:19 PM ET

    WICHITA, Kan.— A government report predicts bountiful fall crops in Kansas following a devastating winter wheat harvest. The National Agricultural Statistics Service forecast on Tuesday that Kansas farmers would bring in 544 million bushels of corn this year. Kansas soybean production is forecast at 151 million bushels, up 18 percent from the previous year.

  • Report: Rains help Kansas crops, but more needed Tuesday, 12 Aug 2014 | 5:02 AM ET

    WICHITA, Kan.— A new report says Kansas crops need more moisture despite widespread rain over most of the state last week. The National Agricultural Statistics Service reported Monday that subsoil moisture is short to very short across 51 percent of Kansas.

  • Business Highlights Monday, 11 Aug 2014 | 5:44 PM ET

    The Associated Press reviewed all 15 petitions filed by drivers with the National Highway Traffic Safety Administration since 2010 and found the agency missed the legal deadline to grant or deny the requests 12 times.

  • Kansas, which was under investigation for four years, has already implemented reforms in how it discloses its pension liabilities and has agreed to settle the charges for its prior incomplete disclosures, without admitting or denying the charges, the SEC said.

  • US settles with Kansas over alleged pension fraud Monday, 11 Aug 2014 | 1:39 PM ET

    The SEC noted Kansas has since made changes and blamed insufficient procedures and poor communication between state agencies for the problem, which happened under the administration of then-Gov.

  • WASHINGTON, Aug 11- The U.S. Securities and Exchange Commission said on Monday it has charged Kansas with fraud for not properly disclosing funding problems with its public pension plan, in the third time the federal regulator has taken action against a state.

  • Kansas teachers' union challenges anti-tenure law Monday, 11 Aug 2014 | 12:19 PM ET

    TOPEKA, Kan.— The largest teachers' union in Kansas filed a lawsuit Monday against a new state law that ended guaranteed tenure for public school teachers, arguing that legislators violated the state constitution by folding the new policy into a larger education funding measure.

  • Machinists union sues Spirit AeroSystems Friday, 8 Aug 2014 | 5:14 PM ET

    WICHITA, Kan.— The Machinists union sued Wichita- based aircraft parts maker Spirit AeroSystems Friday over its reported efforts to sell off its fabrication operations, contending such outsourcing would violate its labor contract and put in imminent danger the jobs of at least 1,400 employees.

  • APNewsBreak: New Kansas figures show shortfalls Friday, 8 Aug 2014 | 4:11 PM ET

    TOPEKA, Kan.— Kansas will face a budget shortfall of $238 million by the end of July 2016, the Legislature's nonpartisan research staff said Friday in a new forecast predicting that the gap will emerge a year sooner than it had anticipated.

  • NEW YORK, Aug 8- Boeing has pushed some factory work on the 787 Dreamliner to the uncovered tarmac outside its assembly plant in Washington state in an effort to keep churning out the popular plane at a rate of one every three days, according to people with knowledge of the situation.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2:30 P M ET Friday, 8 Aug 2014 | 2:38 PM ET

    Pfizer confronts surge of lawsuits over Lipitor. Pharmaceutical giant Pfizer is facing a mounting number of lawsuits by women who say the company knew its blockbuster anti-cholesterol drug Lipitor was linked to a small increased risk of type-2 diabetes but never properly warned the public.

  • NEW YORK, Aug 7- Crude oil prices rebounded on Thursday after reports the United States was considering airstrikes on advancing Islamic militants in Iraq revived concerns about supply disruptions from OPEC's No. 2 oil producer. Brent crude gained 85 cents to settle at $105.44 a barrel, and rose more than $1 in post-settlement trading.

  • NEW YORK, Aug 7- Crude oil climbed on Thursday, rebounding from the lowest prices in months as the security situation in northern Iraq deteriorated, reviving concerns about supply disruptions. White House spokesman Josh Earnest would not confirm that airstrikes were being considered, saying: "There are no American military solutions to the problems in Iraq."

  • *Markets jittery about possible U.S. airstrikes in Iraq. NEW YORK, Aug 7- Crude oil climbed on Thursday, rebounding from the lowest prices in months as the security situation in northern Iraq deteriorated, raising concerns of supply disruptions. He said ample global supplies were still pressuring oil prices, and noted there were no disruptions in Iraq yet.

  • Aug 6- U.S. refiner HollyFrontier Corp reported a better-than-expected profit for the third quarter in a row and said it expects higher margins from turning crude oil into other fuels and asphalt in the current quarter. The operator of refineries in Kansas, Oklahoma, New Mexico, Wyoming and Utah has typically benefited from easy access to cheap U.S. shale crude.

  • Aug 6- U.S. refiner HollyFrontier Corp reported a fall in profit for the second quarter as its refining margins slumped 28 percent after a runup in U.S. crude oil prices. HollyFrontier, which operates refineries in Kansas, Oklahoma, New Mexico, Wyoming and Utah, usually benefits from access to cheap U.S. shale crude.

  • *U.S. crude for September delivery dropped 17 cents to $97.71 a barrel by 0010 GMT. This discount has now lasted longer than any since early 2011, reflecting "weak physical demand and an oversupplied Atlantic Basin", Morgan Stanley analysts said.

  • NEW YORK, Aug 1- Brent and U.S. crude futures tumbled on Friday to the lowest settlement prices in months, as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine. "Since June 23, the market's been going down," said Andy Lebow, vice president at Jefferies Bache in New York.

  • WASHINGTON, Aug 1- Few people in Washington believe Republicans will try to impeach President Barack Obama.

  • *Brent falls to two-week low; in July had biggest monthly loss since April 2013. NEW YORK, Aug 1- Brent crude oil fell more than $1 to hit a two-week low on Friday, slipping to $105 a barrel in its third straight day of losses as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine.