Business News

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Steve McIntosh
November 02, 2020 - 5:00 am
For the fifth straight month, the Creighton University Mid-America Business Conditions Index ... a leading economic indicator for the nine-state region stretching from Minnesota to Arkansas ... advanced above growth neutral, and to its highest level since 2004. The Index .. which ranges between 0...
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FILE - In this Sept. 25, 2000, file photo, a Japan Air Self-Defense Forces F-2 jet fighter is seen in Toyoyamacho, Aichi Prefecture (state), central Japan. Japan has picked Mitsubishi Heavy Industries as a main contractor to develop the country's own next generation stealth fighter for launch in the 2030s, the defense minister said Friday, Oct. 30, 2020. The next generation stealth jet will replace F-2s that Japan co-developed with the U.S. They are due to be retired around 2035.(Kyodo News via AP, File)
KNSS News
October 30, 2020 - 3:45 am
TOKYO (AP) — Japan has picked Mitsubishi Heavy Industries as a main contractor to develop the country's own next generation stealth fighter for launch in the 2030s, the defense minister said Friday. Separately, Mitsubishi announced that it was suspending its civilian aircraft project given...
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Tarrah Gibbons
October 29, 2020 - 5:00 am
Election Day is on November 3. You can vote and then treat yourself to these freebies from Krispy Kreme and more. If you’re hungry, read more from RADIO.COM.
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FILE - In this Jan. 25, 2020, file photo a Boeing 777X airplane takes off on its first flight with the Olympic Mountains in the background at Paine Field in Everett, Wash. Boeing will cut more jobs as it continues to lose money and revenue during a pandemic that has smothered demand for new airline planes. The company said Wednesday, Oct. 28, that it expects to cut its workforce to about 130,000 employees by the end of next year, down 30,000 from the start of this year. (AP Photo/Ted S. Warren, File)
KNSS News
October 28, 2020 - 11:11 am
Boeing will cut more jobs as it continues to bleed money and its revenue fades during a pandemic that has smothered demand for new airline planes. The company said Wednesday that it expects to cut its workforce to about 130,000 people by the end of next year, or 30,000 fewer than it began with in...
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Photo: Kansas Office of The Governor
KNSS News
October 27, 2020 - 1:10 pm
Peerless Products, Inc., has purchased a 150,000-square-foot facility in Iola to expand its production capability.
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FILE - In this Oct. 14, 2020 file photo, pedestrians pass the New York Stock Exchange. Stocks are mixed on Wall Street, following gains in European markets, as more U.S. companies report encouraging results for the summer earnings period. (AP Photo/Frank Franklin II)
KNSS News
October 23, 2020 - 3:11 pm
Stocks shrugged off a sluggish start and ended mostly higher on Wall Street Friday. The S&P 500 managed a gain of 0.3%, but still posted its first weekly loss in four weeks. Facebook led gains in communications stocks. Intel fell sharply after reporting weakness in its data center business...
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KNSS News
October 22, 2020 - 9:42 am
New claims for unemployment benefits tumbled by much more than expected to 787,000 in the week ended October 17, the Department of Labor said Thursday.
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A Southwest Airlines Boeing 737-7H4 takes off, Tuesday, Oct. 20, 2020, from Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla. Airlines are continuing to pile up billions of dollars in losses as the pandemic causes a massive drop in air travel. Southwest Airlines on Thursday, Oct. 22, lost $1.16 billion in the normally strong third quarter, which includes most of the summer vacation season.(AP Photo/Wilfredo Lee)
KNSS News
October 22, 2020 - 7:30 am
DALLAS (AP) — Airlines are piling up billions of dollars in losses as the pandemic causes a massive drop in air travel. American Airlines on Thursday reported a loss of $2.4 billion and Southwest Airlines lost $1.16 billion in the third quarter, typically a very strong period of air travel that...
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Retired British Airways Boeing 747-400 parked at Cotsworld Airport in Kemble, England, Sunday, Oct. 11, 2020. The retirement of the Jumbo Jet fleet was brought forward as a result of the impact the COVID-19 pandemic had on the airline and the aviation sector. (AP Photo/Frank Augstein)
KNSS News
October 22, 2020 - 4:43 am
LONDON (AP) — The parent company of British Airways has cut its fourth-quarter passenger forecast to just 30% of last year’s level as government restrictions imposed to control a new wave of coronavirus infections reduces demand for flights. International Airlines Group made the announcement...
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FILE - In this May 8, 2020 file photo, a parking lot at a JC Penney store is empty in Roseville, Mich. J.C. Penney anticipates being out of bankruptcy protection before the December holiday season. The retailer said Wednesday, Oct. 21 that it filed a draft asset purchase agreement under which mall owners Brookfield Asset Management Inc. and Simon Property Group will acquire substantially all of its retail and operating assets through a combination of cash and new term loan debt. (AP Photo/Paul Sancya, File)
KNSS News
October 21, 2020 - 6:37 am
NEW YORK (AP) — J.C. Penney believes it will emerge from bankruptcy protection before Christmas under a new ownership agreement that would save tens of thousands of jobs. The beleaguered, century-old retailer said Wednesday that it has filed a draft asset purchase agreement with the two biggest...
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