Kansas City News
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Updated 16 minutes ago
The Sacramento Kings were sold to a group led by software billionaire Vivek Ranadive, who will become the first Indian-born owner in National Basketball Association history.
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No North American railroad is a more alluring, or expensive, takeover target than Kansas City Southern.
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Apple Inc., the world’s most valuable technology company, has lost its edge among investors, according to the latest Bloomberg Global Poll.
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Kansas City Southern, the smallest of the major North American railroads, will be added to the Standard & Poor’s 500 Index, replacing Dean Foods Co. as it spins off its WhiteWave Foods Co. unit.
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Dow Chemical Co. was ordered by a federal judge to pay a $1.2 billion judgment in a urethane price-fixing case after losing its bid to undo a jury’s verdict that it colluded with competitors.
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The U.S. health secretary’s solicitation of money from companies to promote the Affordable Care Act ended after two phone calls, to H&R Block Inc. and the Robert Wood Johnson Foundation, according to her spokesman.
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National Basketball Association Commissioner David Stern and a group of suitors assembled by Sacramento Mayor Kevin Johnson will try to persuade the Maloof family to complete a sale of the Kings within the next few days.
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Joplin, Missouri, where 161 people were killed in the deadliest single U.S. tornado in almost 60 years, is joining hurricane-ravaged East Coast towns borrowing to rebuild while municipal yields are near generational lows.
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Lone Pine Capital LLC bought Virgin Media Inc. and H&R Block Inc. in the first quarter, while cutting its holdings in Walt Disney Co.
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With 15 U.S. states opting out of President Barack Obama’s Medicaid expansion, hospitals that treat poor and uninsured patients are asking the government to delay $64 billion in planned funding cuts.
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