kansas city Archives

Business

Kansas City Southern – Science-Based Emissions Reduction Target

KANSAS CITY, MO (STL.News) Kansas City Southern (KCS) (NYSE: KSU) announced that it has submitted a commitment letter to the Science Based Targets Initiative (SBTi) pledging to set a science-based greenhouse gas emissions reduction target. KCS’ science-based target will align with what climate scientists say is needed to meet the Paris Agreement goal of limiting global warming to well below 2°C above pre-industrial levels. Railroads are already one of the most efficient modes of transportation. Moving freight by rail instead of truck reduces greenhouse gas emissions by up to 75 percent. By committing to the SBTi, KCS is building on steps already taken to lower its greenhouse gas emissions, including actions taken during its Precision Scheduled Railroading implementation to improve fue...

Finance

H&R Block Customers: Unsure Where Your Stimulus Money Is?

KANSAS CITY, MO (STL.News) Today, millions of Americans will receive a second stimulus payment as the IRS set January 4 as the official payment date of all direct deposits for stimulus money. The IRS has shared that most people will receive their second stimulus payment as a direct deposit. However, if not, people will receive their second stimulus payment in the mail as either a check or U.S. Treasury debit card, likely by the end of January. In addition, the IRS Get My Payment website will go live soon, allowing people to look up where their second stimulus payment has been sent. As people search for answers about their second stimulus payment, H&R Block has tools and live expert help to assist its customers. “The second stimulus payment will provide much-needed relief to pe...

Business

H&R Block to Host Virtual Investor Day, Report Fiscal 2021

H&R Block to Host Virtual Investor Day and Report Fiscal 2021 Second Quarter Results on December 8 KANSAS CITY, MO (STL.News) H&R Block, Inc. (NYSE: HRB) announced today that the company will host a virtual Investor Day event on Tuesday, December 8, 2020. The meeting will be streamed live via the company’s events page on its investor relations website, located at https://investors.hrblock.com/financial-information/events-calendar, beginning at 10:00 a.m. EST. During the event, Jeff Jones, H&R Block’s president and chief executive officer; Tony Bowen, chief financial officer; and additional members of the senior leadership team will discuss the next phase of the company’s strategic transformation as the company continues to innovate to better serve customers in the core areas ...

Business

Quarterly Cash Dividend Declared by H&R Block

KANSAS CITY, MO (STL.News) H&R Block, Inc. (NYSE: HRB) today announced that its Board of Directors declared a quarterly cash dividend of 26 cents per share, payable January 4, 2021, to shareholders of record as of December 7, 2020. H&R Block has paid quarterly dividends consecutively since the company went public in 1962. About H&R Block H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation, financial services and small business solutions. The company is disrupting the tax industry by providing consumers price transparency and with digital platforms such as Tax Pro GoSM. H&R Block believes the best solutions blend digital capabilities with human expertise and care.

General

Mo: KC Brother Samuel M. David, Sister Charged in Armed Robberies

Mo: KC Brother Samuel M. David, Sister Charged in Armed Robberies, Kidnapping of Pizza Delivery Drivers Kansas City, MO (STL.News) – A Kansas City, Missouri, brother and sister were charged in federal court today with the armed robberies of two pizza delivery drivers, after a third suspect was killed during a shootout with police officers. Samuel M. David, 18, and his sister Rochelle E. David, 22, were charged in a six-count criminal complaint filed in the U.S. District Court in Kansas City, Mo. Samuel and Rochelle David remain in federal custody pending a detention hearing. Today’s criminal complaint charges each of the defendants together in one count of armed robbery, one count of using a firearm during a crime of violence, one count of kidnapping and one count of carjacking. Samuel ...

Business

UMB Financial Corporation Reports Third Quarter 2020 Financial Results

UMB Financial Corporation Reports Third Quarter 2020 Net Income of $73.1 Million and Announces 3.2% Dividend Increase. GAAP net income of $73.1 million, or $1.52 per diluted share; net operating income of $76.4 million, or $1.59 per diluted share. Pre-tax, pre-provision (PTPP) income of $99.4 million, an increase of 10.2% from the linked quarter. Average loans increased 16.8% on a linked-quarter, annualized basis. Average deposits grew $1.3 billion to $24.1 billion compared to the second quarter of 2020. GAAP book value per share increased 13.8% to $59.43, and tangible book value per share increased 14.5% to $55.19, compared to a year ago. Credit quality remained strong, with net charge-offs of just 0.13% of average loans. KANSAS CITY, MO (STL.News) UMB Financial Corporation (Nasdaq: UMBF)...

Business

Kansas City Southern Reports Third Quarter 2020 Financial Results

KANSAS CITY, MO (STL.News) Kansas City Southern (KCS) (NYSE:KSU) reported revenues of $659.6 million, a decrease of 12% from third quarter 2019. Overall, carload volumes were down 4% compared to prior year. Kansas Cityy Southern Third Quarter 2020 Third quarter revenues were $659.6 million, a decrease of 12% primarily resulting from lower volumes driven by a decline in demand due to COVID-19 and lower commodity prices, lower fuel surcharge, and unfavorable foreign currency impacts. Third quarter operating expenses were $388.1 million. Operating income was $271.5 million and the reported operating ratio was 58.8%. Third quarter net income was $190.2 million, or $2.01 per diluted share. Adjusted third quarter operating income, net income and diluted earnings per share were as follows: N...

Missouri

US DOT announces $9.88 Million Grant for Port KC’s Missouri River Terminal Project

JEFFERSON CITY, MO (STL.News) Friday, the U.S. Department of Transportation announced a $9.88 million Port Infrastructure Development Grant to the Kansas City Port Authority (Port KC) for the Missouri River Terminal (MRT) project. The grant will be used for advanced project planning and redevelopment activities of the MRT site, such as preventative flooding maintenance, environmental remediation efforts, site design, land acquisition, and limited pavement and rail access development. “Kansas City is already a major freight hub for the central United States, and this grant will help us continue to build on critical transportation infrastructure and spur economic development in the region and across Missouri,” Governor Mike Parson said. “We appreciate the continued support and hard work o...

Missouri

Kansas City News: KC Streetcar is rolling to the river

Kansas City, MO (STL.News) The Federal Transit Administration (FTA) announced Saturday that the KC Streetcar Riverfront Extension project will receive $14.2 million in federal funding as part of the FTA’s BUILD Grant Program. This comes shortly after the FTA announced $50.8 million in New Starts Capital Improvement Grant funds for the KC Streetcar Main Street Extension project. As part of the BUILD Grant program, the FTA is allocating $14.2 million in fiscal year 2020 federal funds to the KC Streetcar Riverfront Extension project. This federal funding represents seventy percent of the total project cost, allowing the team to advance design and complete construction for this unprecedented project. The remaining funding for this $22.2 million project is coming from local sources, includi...

Business

UMB Announces Conference Call to Discuss Third Quarter 2020 Results

KANSAS CITY, MO (STL.News) UMB Financial Corporation (Nasdaq: UMBF), a financial services company, will release earnings results for the third quarter 2020 after market hours on Tuesday, October 27, 2020. The company plans to host a conference call to discuss these results on Wednesday, October 28, 2020 at 8:30 a.m. (CT). Interested parties may access the call by dialing (toll-free) 877-267-8760 or (international) 412-542-4148 and requesting to join the UMB Financial call. The live call may also be accessed by visiting investorrelations.umb.com or by using the following the link: UMB Financial 3Q 2020 Conference Call A replay of the conference call may be heard through November 11, 2020 by calling (toll-free) (877) 344-7529 or (international) 412-317-0088. The replay access code requi...

General

Kansas City, Mo: Aaron S. Calton Charged with Illegal Firearms

(STL.News) – A Liberty, Missouri, man has been charged in federal court with illegally possessing firearms. Aaron S. Calton, 43, was charged in a criminal complaint filed in the U.S. District Court in Kansas City, Missouri, on Friday, Oct. 2, with two counts of being a felon in possession of a firearm. Calton remains in federal custody without bond. According to an affidavit filed in support of the federal criminal complaint, Calton sold 3.5 grams of methamphetamine to a confidential law enforcement source for $100 on Aug. 23, 2020. Law enforcement officers executed a search warrant at Calton’s residence on Oct. 1, 2020. As Calton attempted to flee from the residence, the affidavit says, he threw a loaded Smith and Wesson 9mm pistol into the woods near the residence. Calton was taken...

Missouri

MoDOT Completes Brand New I-435 and I-70 Partial Turbine Interchange Ahead of Schedule

Kansas City's First Partial Turbine Interchange JACKSON COUNTY, MO (STL.News) The Missouri Department of Transportation has officially completed the brand new I-435 and I-70 interchange in Kansas City, MO. This $47 million construction project began in spring 2019 and was scheduled to be completed by Dec. 2020. After an exciting NFL season, a global pandemic, and quite a bit of rain, crews have finished ahead of schedule. This interchange is the first of its kind in the Kansas City area and will enhance safety within the interchange and help to move the thousands of vehicles that travel it daily. This project completely redesigned the I-435 and I-70 interchange. The original bridges were built in the early 1960s and have been completely replaced. Crews have removed the previous and...

General

Kansas; Drug Trafficker Michael Pruitt Sentenced to 20 Years

(STL.News) – A man who trafficked methamphetamine in the metro Kansas City area was sentenced today to 20 years in federal prison, U.S. Attorney Stephen McAllister said. Michael Pruitt, 50, Kansas City, Kan., pleaded guilty to one count of conspiracy to possess with intent to distribute methamphetamine and one count of unlawful possession of a firearm by a felon. In his plea, Pruitt admitted he supplied methamphetamine in pound quantities to dealers who were part of a drug trafficking organization operating in metro Kansas City. Pruitt had storage units where he kept firearms and drugs that he sold. He was observed leaving a unit that was found to contain 48 firearms. McAllister commended the Kansas Bureau of Investigation, the FBI and Assistant U.S. Attorney Sheri Catania for their wor...

General

Kansas City, Mo; Jury Convicts Kenneth E. Barbee Jr. of Possessing Firearm

(STL.News) – A Kansas City, Missouri, man was convicted at trial of illegally possessing a firearm. Kenneth E. Barbee Jr., 33, was found guilty on Wednesday, Sept. 23, of being a felon in possession a firearm. Detectives with the Kansas City, Mo., Police Department were conducting surveillance on Barbee on March 18, 2020, when he left his residence in a vehicle driven by another person. After officers stopped the vehicle, the driver attempted to pull away from officers but was forced to stop when officers used their vehicles to block their escape. When Barbee and the driver were ordered out of the vehicle, officers saw a loaded Palmetto State Armory AR pistol and a loaded CZ 9mm handgun on the front passenger floorboard. The driver of the vehicle had an SCCY 9mm handgun in her waistba...

Business

H&R Block and Nextdoor partner to revitalize neighborhoods

H&R Block and Nextdoor partner to revitalize neighborhoods and spark connections with 10 community projects across the country KANSAS CITY, MO (STL.News) H&R Block (NYSE: HRB) and Nextdoor announced today 10 community projects that they will support to build more resilient communities, reduce social isolation, and improve quality of life. In January 2020, the two purpose-driven companies launched a nationwide search calling on neighbors to submit projects that would revitalize or create local spaces to provide more opportunities for neighbors to connect. As COVID-19 isolated communities around the world, this mission proved crucial with more than 2,000 project ideas submitted by neighbors in all 50 states who want to make their blocks better and bring neighbors together in new wa...

General

Kansas City, Mo; Willie Lewis Braison Pleads Guilty to Smuggling Five Pounds of Meth

Kansas City, Mo; Willie Lewis Braison Pleads Guilty to Smuggling Five Pounds of Meth in Box of Cookies, Three Pounds of Heroin in Pair of Sneakers | USAO-WDMO (STL.News) – A Jonesboro, Mississippi, man has pleaded guilty in federal court to transporting more than five pounds of methamphetamine and nearly three pounds of heroin through Kansas City, Missouri, en route to St. Louis, Mo. Willie Lewis Braison, 47, pleaded guilty before U.S. District Judge Brian C. Wimes on Wednesday, Sept. 16, to one count of possessing methamphetamine with the intent to distribute, and one count of possessing heroin with the intent to distribute. A Kansas City, Mo., Police Department detective saw Braison get off the train at a local station on Jan. 17, 2019. The detective contacted Braison and asked to sea...

General

Kansas City, Kan; Daryl Miller Sentenced to 5 Years For Buying Child Porn Site Membership

Kansas City, Kan; Daryl Miller Sentenced to 5 Years For Buying Child Porn Site Membership | USAO-KS (STL.News) – A Shawnee man was sentenced Tuesday to five years in federal prison for buying a membership to access a child pornography site on the internet, U.S. Attorney Stephen McAllister said. In addition, he was fined $5,000 under the Justice for Victims of Trafficking Act. Daryl Miller, 36, Shawnee, Kan., pleaded guilty to one count of access with intent to view child pornography. Miller was identified during an investigation by Homeland Security Investigations (HSI) into the trafficking of child pornography on the Dark Web. Investigators in Washington, D.C., accessed a child pornography web site that sold access to users. They served a search warrant for the web site’s server, fro...

Missouri

Bates City, MO Man, Daniel Dewayne Gregg Charged With Illegal Firearms, Drug Trafficking

KANSAS CITY, MO (STL.News) A Bates City, Missouri, man has been charged in federal court after law enforcement officers seized nearly two dozen firearms and illegal drugs from his residence. Daniel Dewayne Gregg, 57, was charged in a two-count criminal complaint filed in the U.S. District Court in Kansas City, Mo., on Friday, Sept. 11. The federal criminal complaint charges Gregg with one count of conspiracy to distribute methamphetamine and one count of possessing a firearm in furtherance of drug trafficking. According to an affidavit filed in support of the federal criminal complaint, law enforcement officers identified Gregg as a major supplier of methamphetamine trafficking following several controlled drug purchases. Officers executed a search warrant at Gregg’s residence on Frida...