Many big companies sitting on cash piles
In the summer of 2008, steel giant Nucor decided to raise some cash. It issued new shares of stock and floated some corporate bonds.
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In the summer of 2008, steel giant Nucor decided to raise some cash. It issued new shares of stock and floated some corporate bonds.
Last month, Have You Heard? reported that after three decades, Craig Burns left First American Title and had plans to open a new company.
Wichita's last Waldenbooks is closing. The Waldenbooks at Towne West Square is one of 200 stores Borders Group plans to close in its Waldenbooks and Borders Express segment, which includes outlet stores.
NEW YORK — A bright forecast from Cisco Systems and upbeat economic news sent stocks soaring Thursday and propelled the Dow Jones industrials back above 10,000.
A $90 million plan to convert key pieces of downtown real estate into a movie studio could go before the Wichita City Council as early as this month.
A challenging economy and increased competition is forcing Caffe Posto to close less than two years after opening near Douglas and Oliver.
A Wichita real estate development firm will move to Delano as it renovates a key piece of retail space in the district.
According to Bill Gaither's Web site, he and the Gaither Vocal Band are coming to Intrust April 30.
The search continues for a chief executive to lead the Wichita Area Association of Realtors.
NuVox, a Greenville, S.C.-based telephone and Internet service provider to businesses that operates in Wichita, will be acquired by a much larger telecom.
The Olive Tree Bistro , its banquet room and Chelsea's Bar and Grill are being evicted from Comotara Center at 29th and Rock Road.
Inside TECT Aerospace's new Park City manufacturing facility, something is noticeably missing — an inventory of parts.
DETROIT — Ford Motor Co. has come a long way from the nearly $30 billion in losses it racked up between 2006 and 2008.
CIT Group, the New York-based lender that filed for bankruptcy protection Sunday, has made a handful of loans totaling millions of dollars in the Wichita area in the past few years, according to a Small Business Administration official.
When last we checked with Janet and Grant Rine , they'd decided not to move their Old Town Architectural Salvage to the former Immanuel Baptist Church at 147 S. Hillside.
DETROIT — Chrysler has been sending its dealers back to class, reminding them about the importance of courtesy and communication: Always return phone calls. Limit wait times. Open doors for customers.
As Wichita planemakers grapple with the downturn in the business jet market, they're keeping a keen eye on the competition.
WASHINGTON — After struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection in an attempt to restructure its debt while trying to keep badly needed loans flowing to thousands of midsize and small businesses.
WASHINGTON — A European aerospace company and its American partner say the Air Force is stacking the odds against them and favoring the Boeing Co. as it prepares to seek bids on a $35 billion contract to start replacing the nation's fleet of aging aerial refueling tankers.
NEW YORK — Gas averaged nearly $2.70 a gallon Friday, the highest of the year — adding bad news to an already fragile economy and making it even less likely that people will spend their way out of the recession. In much of Wichita on Friday afternoon, the price was around $2.52 a gallon, according to Wichitagasprices.com.