Cross-state border fight fuels Kansas City incentives bonanza
Missouri and Kansas have spent over 750 million in tax incentives and bonds to lure or keep nearly 200 firms, creating jobs but shifting activity across State Line Road. The strategy has strained budgets for schools and services while fostering a costly rivalry as Kansas wins several marquee projects in the Village West corridor and Cerner expansion, though Teva Neuroscience moved headquarters across the border despite incentives.
MENTIONED IN THIS ARTICLE
Kansas City
Kan
Missouri
Kansas
State Line Road
Associated Press
Greg Steinhoff
Tor
Gary Sherrer
Commerce
Village
Kansas Speedway
Sporting Kansas City
Corner Corp. A
Cerner
Marc Naughton
Sam Brownback
Brownback
Jay Nixon
Nixon
New York
New Jersey
Connecticut
Continental Tire
Charlotte
N.C
Lancaster County
S.C
South Carolina
Teva Neuroscience Inc
Overland Park
No sure thing for GOP Senate battle in 2012 race
A tight Senate contest emerges as Republican primaries split the party, a GOP retirement in Maine and a competitive North Dakota race complicate control forecasts. Democrats hold 53-47 with independents, defend 23 seats, and need four gains to reach a majority in 2013, amid outside group influence and evolving political maps.
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Washington
Maine
North Dakota
Senate
New Mexico
Texas
Barack Obama
House
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Missouri
Montana
Wisconsin
Ohio
Massachusetts
Nevada
Indiana
Richard Lugar
Arizona
Obama
Mitt Romney
Rob Jesmer
Senate Republican Campaign Organization
Sen
Patty Murray
Gas prices fall easing economy and Obama prospects
Oil and gasoline prices sink reducing fuel costs for businesses and consumers who faced record highs. Analysts expect further drops could lift President Obama’s re election chances as the U S retail gas price slips from a 2012 peak.
MENTIONED IN THIS ARTICLE
Barack Obama
U.S
Facebook IPO expands with 84 million more shares at up to 3.2 billion
Facebook plans to issue 84 million additional shares in its IPO, raising up to 3.2 billion, as insiders including DST Global Tiger Global and Goldman Sachs increase their stakes. GM drops Facebook ads citing ineffectiveness while Ford doubles down, signaling a debate over advertising value on the platform. The stock price target rises to 34 to 38 dollars per share ahead of trading on Nasdaq under FB.
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New York
Facebook
General Motors
Ford
Ing
DST Global
Tiger Global
Goldman Sachs
Peter Thiel
James Breyer
Daniel Ernst
Hudson Square Research
Markets end lower as indices slide across equities and commodities
Wednesday's market recap shows the Dow down 33.45 points to 12,598.55, the Nasdaq off 19.72 to 2,874.04, and the S&P 500 down 5.86 to 1,324.80. Bonds rise slightly with the 30 year at 2.91 percent. Commodities move lower in futures, with corn up 22.15 cents to 6.20, soybeans up 9 to 14.22, wheat up 28.5 to 6.56, oil down 1.17 to 92.81, gold down 22.50 to 1,536.60, silver down 0.884 to 27.17, and platinum down 14.30 to 1,432.20.
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Dow Industrials
S&p 500
Treasury
Chicago
Kansas City
New York
Also Mentioned on This Page
K.C
David A. Lieb
and John Hanna
John Hanna
Cliff Illig
Cerner Corp
By David Espe
Democratic Campaign Organization
Dilbert
Coc E
Iere
Dee
Nursery & Garden Center
Earlmay.com
Iowa Street
Lawrence
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