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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Sep 10, 2021
Page
8
The Labor Department release today previews August wholesale price pressure with a likely 0.6 percent PPI rise after July and June gains. Kroger’s quarterly report is expected to show lower earnings year over year but higher revenue as at home dining remains strong.
A market observer notes that investors with cash in a limited supply market can outbid typical buyers, shaping housing dynamics and competition. The remark underscores how liquidity and scarce inventory favor well-funded buyers over ordinary purchasers.
KCC Chairman Andrew French led a Thursday hearing amid questions of utility conduct. Staff argues Kansas Gas Service followed standard purchasing and that denying cost recovery would be unfair since prices spiked after the winter storm. Dawn Tripp said large pre-storm purchases reduced exposure and that disputes with suppliers remain. Regulators noted federal review may be more appropriate for wholesale price issues. Brian Grimmett reports for Kansas News Service.
Feature profiles Jason Sudeikis who attended Shawnee Mission West High School and Donnie Campbell, inspiration for his Ted Lasso character. Campbell coaches at Lee's Summit North, while Sudeikis reunites with family at Children’s Mercy Park near Sporting Kansas City. Interviews include Bill Self and Eldridge Hotel staff in Lawrence.
The Sunflower State segment visited the Oz Museum in Wamego and Grinter Farms near Tonganoxie as Good Morning America showcased community resilience during the pandemic. Kris Grinter notes sunflowers remain photogenic through the weekend, with tours and Sunflower General offering honey, crafts, coffee, and cinnamon rolls. The segment featured Ted and Kris Grinter and the 50 state tour crew filming amid reopening efforts.
Restoration Hardware posted stronger than expected second quarter profits while Wall Street markets fell further, with the S&P 500 and Nasdaq slipping and headed for their first weekly decline in three weeks. The S&P 500 dropped for a fourth straight day as Health care and technology firms led losses. Moderna shares rose on an upbeat update on its vaccines program and other virus efforts.
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