Papa John’s is attempting to ward off its controversial founder from amassing a controlling stake in the company by adopting a “poison-pill” plan. The company is struggling to distance itself from John Schnatter, who resigned as chairman this month after ...
Read More »US existing-home sales fell 0.6 percent in June
U.S. sales of existing homes fell 0.6 percent in June, the third straight monthly decline, as higher prices and a limited supply of listings have sidelined many would-be buyers. The National Association of Realtors said Monday that homes sold last ...
Read More »US probes complaints that some Ford Escapes overheat, stall
Federal safety investigators are looking into complaints that engines on some Ford Escape vehicles can overheat and suddenly stall while being driven. The U.S. National Highway Traffic Safety Administration says in documents posted on its website Friday that it has ...
Read More »US eases Obama-era coal-ash pollution rules for utilities
The Trump administration on Wednesday eased rules for handling toxic coal ash from more than 400 U.S. coal-fired power plants after utilities pushed back against regulations adopted under former President Barack Obama. Environmental Protection Agency acting Administrator Andrew Wheeler said ...
Read More »Farmers fret and wait as US-China trade war escalates
Many anxious American farmers are delaying purchases and investment while hoping for a truce in a U.S.-China trade war that has left their crops at a competitive disadvantage overseas. The longer the Trump administration’s tariffs remain in place, the more ...
Read More »US housing starts tumbled 12.3 percent in June
U.S. homebuilders sharply curtailed the pace of construction in June as housing starts plummeted 12.3 percent. The Commerce Department said Wednesday that housing starts fell to a seasonally adjusted annual rate of 1.17 million from 1.34 million in May. June’s ...
Read More »Lessons for next US financial crisis from 3 key ex-officials
Three officials who played vital roles in combating the 2008 financial crisis say they worry that the painful lessons from the banking system’s near-collapse a decade ago may be forgotten. “It is important that people focus on the lessons,” said ...
Read More »Right-to-work foes raise millions more than opponents
The group fighting a ballot measure that would make Missouri a right-to-work state has outraised its opponents by more than $4 million. Formed last year in Jefferson City, We Are Missouri has raised more than $5.4 million since the beginning ...
Read More »Tenants allege Kushner firm pushed them out of their homes
Twenty current and former residents of one of the largest buildings owned by the Kushner Cos. allege in a $10 million lawsuit that the firm used relentless, noisy construction that exposed them to cancer-causing dust as part of a campaign ...
Read More »Program to help KC-area families with home down payment
A program could help hundreds of western Missouri families with a down payment on homes. The NeighborhoodLIFT program will provide homeowner training and $15,000 in down-payment assistant grants. Up to 300 families buying houses in Jackson, Clay and Cass counties ...
Read More »US retail sales rise at a healthy 0.5 percent pace in June
U.S. retail sales rose at a solid pace last month despite higher prices and modest wage gains, a sign of underlying consumer optimism. The Commerce Department said Monday that sales at retailers and restaurants increased 0.5 percent in June, following ...
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