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California-based PacWest Bank is considering “all strategic options” after its shares fell by half.

A study by research firm Equilar found top U.S. CEO pay outpaced inflation last year.

The Federal Trade Commission is proposing a rule that would bar Facebook parent company Meta from monetizing children's data.

The U.S. Food and Drug Administration has approved the first vaccine for respiratory syncytial virus.

The Federal Reserve on Wednesday raised its benchmark interest rate by 25 basis points.

The business founded 12 years ago by Jeff Schrag transitions to Jeff and Lindsay Seifried.

Officials with the coffee chain indicate new Springfield locations are on their way.

SushiFork opened near Battlefield and National intersection in 2021.

The financial software company reports fiscal third-quarter net income of $81.5 million.

Negro Leagues Baseball Museum launched a $25 million capital campaign for a new building in Kansas City.

Walmart is closing a Neighborhood Market store in the Kansas City area.

The Carl Junction Chamber of Commerce dedicated a building in honor of late director Gary Stubblefield.

IBM CEO Arvind Krishna said the company plans to pause hiring for jobs that artificial intelligence can do.

Morgan Stanley is planning to cut 3,000 jobs, a source familiar with the matter told Reuters.

Restaurant Brands International reported better-than-expected earnings and revenue on larger sales growth at Tim Hortons and Burger King.

Uber reported quarterly revenue growth of 29%.

U.S. job openings dropped in March, according to the latest Labor Department data.

Downtown Springfield Association's Rusty Worley: "When – not if – the challenges of capacity, connections and cash flow arrive at the doorstep of small businesses, owners should be reassured they are not alone."

OMB Bank's Scott Speight: "Nothing can beat a little persistence and ingenuity, not even interest rates."

Executive Editor Christine Temple discusses small business ownership with local business owners.

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