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Top News & Analysis Kansas

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  • KANSAS CITY, Mo.— Kansas City's minimum wage will rise to $13 an hour over about four and a half years under an ordinance that council members approved Thursday, although there are questions whether it could withstand a legal challenge. Andrew Kling, the spokesman for Communities Creating Opportunity, a faith-based community organizing nonprofit in Kansas...

  • "Reports continued to reflect decreases in oil and natural gas drilling activity in Cleveland, Minneapolis, Kansas City, and Dallas," the Fed said. "Reports of capital spending declines continued in Cleveland, Atlanta, and Dallas, resulting in some labor cutbacks in Atlanta and Dallas." It said heavy machinery manufacturers in Chicago noted weak demand from the oil...

  • MINNEAPOLIS, July 10- It is too early to tell how a recent round of tax hikes and a minimum wage increase will play out in Minnesota, a state where liberal and conservative forces have often swapped control and policies. Instead, Democratic Governor Mark Dayton's Minnesota could become a touchstone in the national debate over how to bolster the middle class- an...

  • NEW YORK, July 6- Aetna Inc's chief executive said Monday he was confident an antitrust review of the health insurer's proposed purchase of smaller rival Humana Inc would allow the deal to close in the second half of 2016, seeking to allay investor concerns. Mark Bertolini said Aetna had already prepared for possible divestitures to address overlaps with...

  • July 3- Health insurer Aetna Inc said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push Aetna close to Anthem Inc's No.2 insurer spot by membership, and would nearly triple Aetna's Medicare Advantage business. Antitrust authorities, who were aggressive in...

  • July 2- U.S health insurer Aetna Inc is nearing an agreement to buy rival Humana Inc for about $34 billion in a cash and stock deal, people familiar with the matter told Reuters on Thursday. One person said Aetna's offer would value Humana at about $230 per share and that a deal could be announced as early as Friday. A $230 per share offer would be at a premium of nearly...

  • From June 17 to 24, there have been 35 earthquakes of magnitude 3.0 or greater in the state, according to the Oklahoma Geological Survey. Particularly worrying for regulators, some of the recent quakes occurred in the Oklahoma City metropolitan area, where there are no high-volume wastewater injection wells. Drillers were ordered by the Oklahoma Corporation...

  • State winners and losers in race to woo business Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States 2015 On The Move

    Some states have made big economic strides. Others are falling short. Here's a look at movers on CNBC's Top States for Business 2015.

  • America's most affordable states to call home Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States Cheapest States

    You'd be surprised at the most affordable places to live in the U.S., thanks to low food prices, great home values and low utility costs.

  • NEW YORK/ WASHINGTON, June 22- U.S. health insurer Anthem Inc on Monday dismissed concerns that buying smaller competitor Cigna Corp would be considered anti-competitive, even as antitrust experts said the combination would earn regulatory scrutiny. Besides the possible Anthem deal, Humana Inc is considering a sale, possibly to Cigna or Aetna Inc, a source...

  • One company copes with drought, floods AND bird flu Monday, 22 Jun 2015 | 1:04 PM ET
    Corn and soy crops

    Despite contending with drought, bird flu and flooding in the last year, agribusiness giant Cargill is seen weathering the storm.

  • *Soybeans for July delivery on the Chicago Board of Trade were up half a percent at $9.42-3/ 4 per bushel by 0029 GMT, recovering from Monday's two-week low of $9.30-1/ 4. Kansas and Missouri, hit hard by early summer storms which have brought several inches of rain to both states, lag the nation. *Wheat was little changed at $4.89 a bushel, after falling as much as 3.5...

  • *Corn hits new contract lows. CHICAGO, June 15- Chicago Board of Trade wheat futures sank 2.9 percent on Monday, hitting a two-week low on expectations that drier conditions in the U.S. Corn futures also fell, hitting new contract lows amid pressure from good weather for crop development across the U.S.

  • The USDA is overseeing the killing and disposal of affected birds and the scope of the outbreak "has exposed some flaws in the response plans," Republican Sens. The USDA will be prepared to talk about its response if invited to testify before the Senate committee, spokeswoman Andrea McNally said. The USDA has more than 1,900 staff and contractors responding to...

  • GRAINS-Wheat steadies after slide on USDA supply lift Wednesday, 10 Jun 2015 | 8:46 PM ET

    SINGAPORE, June 11- Chicago wheat was little changed early on Thursday after tumbling more than 3 percent in the prior session in its sharpest slide in two weeks, as the U.S. boosted its supply outlook following heavy rains. *Wheat for July delivery on the Chicago Board of Trade was nearly flat at $5.13-3/ 4 a bushel. *The USDA forecast winter wheat production at 1.505...

  • UPDATE 1-USDA increases wheat harvest outlook after rains Wednesday, 10 Jun 2015 | 12:29 PM ET

    WASHINGTON, June 10- Heavy rains across the southern and central U.S. USDA also lowered its soybean supply outlook for the 2015/ 16 crop year due to increased domestic usage and raised its view of corn supplies due to lower ethanol production in its monthly supply and demand report. "The wheat numbers were high, and we are seeing some of the buying come out of the...

  • USDA also lowered its soybean supply outlook for the 2015/ 16 crop year due to increased domestic usage and raised its view of corn supplies due to lower ethanol production in its monthly supply and demand report. Analysts had been expecting the USDA to project winter wheat production at 1.474 million bushels, according to the average of analysts' estimates in a...

  • WINNIPEG, Manitoba, June 9- Farmers in Western Canada's Prairie provinces are counting on rains forecast by the weekend to salvage crops struggling to grow after weeks of dry weather. Most arable land in Saskatchewan and Alberta, Canada's two largest producers of canola and wheat, have received less than 40 percent of average precipitation for the month ended...

  • Kansas and Missouri were the furthest behind, with just a third of the soybean crop in the ground. "The high percentage of soybeans unplanted in Kansas and Missouri- and to a lesser extent Nebraska- amounts to 7.6 million acres not in the ground based on what was planted last year," said Rich Feltes, an analyst with RJ O'Brien. The northern half of Kansas received 2...

  • *Wheat adds to last week's 8.4- pct gain. Wheat for July delivery on the Chicago Board of Trade was up 0.8 percent at $5.21 a bushel by 0309 GMT. Wheat touched a two-month high of $5.34 on Friday as investors covered short positions amid uncertainty on the quality of hard red winter wheat crop in the southern U.S.