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Kansas City Business News

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Team reports second-quarter loss	8/19/2008 1:58 PM
eam Financial Inc. reported a second-quarter loss compared with a profit last year and said it will increase capital at its banks to address concerns from the Office of the Comptroller of the Currency.
RiseUp magazine stops publishing to retool for expansion	8/19/2008 1:54 PM
RiseUp, a magazine about race and ethnicity issues that started publication June 22, stopped publishing Aug. 3 to gauge reader response and prepare to double its circulation, Publisher Janice Ellis said Tuesday.
KC Aviation Department refinances KCI bonds	8/19/2008 1:21 PM
The Kansas City Aviation Department said Tuesday that a refinancing of bonds for Kansas City International Airport will save it about $1.9 million.
Teamsters ask Interstate Bakeries creditors to step up	8/19/2008 1:09 PM
The International Brotherhood of Teamsters is asking secured creditors of bankrupt Interstate Bakeries Corp. to work with investor Ripplewood Holdings to help IBC emerge from bankruptcy while protecting its employees’ jobs.
Kansas Speedway unveils 2009 schedule	8/19/2008 12:37 PM
Kansas Speedway announced its 2009 NASCAR race schedule Tuesday.
Alternative Energy Sources posts wider loss	8/19/2008 12:16 PM
Alternative Energy Sources Inc., which ceased operations in June, reported a loss of $3.17 million for the quarter that ended June 30.
Kansas attorney general sues Chad Franklin Suzuki	8/19/2008 11:49 AM
Kansas Attorney General Steve Six filed a lawsuit against a Kansas City, Kan., car dealership, alleging deceptive advertising.
YRC completes purchase of stake in Chinese company	8/19/2008 8:03 AM
YRC Worldwide Inc. closed on its purchase of a majority stake in one of China’s largest trucking services companies for $44.7 million. (CNW)
Aleritas, Brooke Corp. take second-quarter hits	8/18/2008 4:30 PM
Aleritas Capital Corp. remained profitable despite huge decreases in earnings and revenue for the second quarter.
KC, American Airlines officials meet about overhaul base cuts	8/18/2008 4:29 PM
Kansas City Mayor Mark Funkhouser and other city officials met with American Airlines officials and those of one of its unions Monday morning to discuss the company’s plan to cut employees and operations at its Kansas City aircraft overhaul plant. (AMR)

Kansas City Business News