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Tag: Kansas

Canadian Pacific Railway acquires Kansas City Southern for $29B

Canadian Pacific Railway acquires Kansas City Southern for $29B

Business
March 21 (UPI) -- Canadian Pacific Railway agreed to purchase Kansas City Southern and create the first rail network linking the United States, Mexico and Canada. The companies agreed to a merger with CP acquiring KSC for $ 29 billion including assuming $ 3.8 billion of outstanding debt from KCS, while creating a network of about 20,000 miles of rail that will unite the three nations, according to a statement. Advertisement "This transaction will be transformative for North America, providing significant positive impacts for our respective employees, customers, communities and shareholders," CP President and CEO Keith Creel said. "This will create the first U.S.-Mexico-Canada railroad, bringing together two railroads that have been keenly focused on providing quality service to their cust...
University of Kansas puts football coach Les Miles on leave

University of Kansas puts football coach Les Miles on leave

Sports
March 5 (UPI) -- The University of Kansas placed head coach Les Miles on administrative leave and will conduct a full review to determine his future with the football program, the school announced Friday. The university's decision came after reports into Miles' conduct while coaching at LSU in 2013 were made public this week. Advertisement "Even though the allegations against him occurred at LSU, we take these matters very seriously at KU," Kansas athletic director Jeff Long said in a statement Friday. "Now that we have access to this information, we will take the coming days to fully review the material and to see if any additional information is available. "I do not want to speculate on a timeline for our review because it is imperative we do our due diligence." On Thursday, an investi...
Kansas City Royals signing 3B Hunter Dozier to 4-year extension

Kansas City Royals signing 3B Hunter Dozier to 4-year extension

Sports
Feb. 28 (UPI) -- The Kansas City Royals are finalizing a multiyear contract extension with third baseman Hunter Dozier. League sources told ESPN and MLB Media on Sunday that Dozier and the Royals are in agreement on a four-year, $ 25 million extension that includes a fifth-year option for $ 10 million. According to the outlets, the deal also contains escalators and bonuses that could max it out at $ 49 million over five years. Advertisement The Royals haven't confirmed the agreement, which is pending a physical. Dozier, who was selected eighth overall by the Royals in the 2013 MLB Draft, is an integral part of Kansas City's lineup. He is expected to serve as the Royals' everyday third baseman this season after previously moving around the infield and outfield. The 29-year-old Dozier misse...
The Latest: Kansas businesses not to repay COVID loans

The Latest: Kansas businesses not to repay COVID loans

Health
WICHITA, Kan. — Hospitality businesses who got loans through an emergency relief fund in Kansas at the beginning of the pandemic will no longer have to repay the money, Kansas Gov. Laura Kelly said Tuesday.Funding provided through the Hospitality Industry Relief Emergency Fund has been converted from bridge loans to grants, the governor said. The program was originally envisioned as a working capital loan program. Businesses that have made repayments will be reimbursed.The fund was established last year to provide immediate help to Kansas hospitality businesses faced with revenue losses due to COVID-19. In total, $ 5 million went to 344 businesses statewide, according the governor’s office.———THE VIRUS OUTBREAK:Drug executives tell Congressional hearing an increase in vaccine suppl...
Super Bowl 2021: Tom Brady wins seventh title as Tampa Bay Buccaneers beat Kansas City Chiefs

Super Bowl 2021: Tom Brady wins seventh title as Tampa Bay Buccaneers beat Kansas City Chiefs

Sports
Tom Brady steered the Tampa Bay Buccaneers to a comfortable 31-9 victory over the Kansas City Chiefs to extend his record for Super Bowl wins to seven.In his first season after a glittering 20-year spell with the New England Patriots, the evergreen quarterback helped Tampa Bay become the first team to play a Super Bowl in their own stadium.And despite facing Kansas City and their dynamic young quarterback Patrick Mahomes, who came in as favourites, Brady threw three touchdown passes to prevent the Chiefs becoming the first back-to-back NFL champions since Brady and the Patriots in the 2004 season.At 43 years and 188 days, Brady became the oldest player to play in the biggest game in US sport, extending his record for Super Bowl appearances to 10 and joining Peyton Manning as the only quart...