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U.S. will reclaim global supply chain, Trump trade aide says

MONDAY, MARCH 6, 2017, 9:55 A.M.

National Trade Council adviser Peter Navarro, right, and White House Chief of Staff Reince Priebus, center, with President Donald Trump on Jan. 23 in the Oval Office of the White House. (Evan Vucci / Associated Press)
The U.S. is seeking more “reciprocal” trade with other countries in a bid to boost growth, reduce the trade deficit and keep American production capacity out of foreign hands, White House trade adviser Peter Navarro said.

Puma, Under Armour trade places in sportswear league table

MONDAY, MARCH 6, 2017, 9:39 A.M.

Part of Rihanna’s “FENTY” x Puma collection, photographed Sept. 6, 2016, in New York City. (Robert Altman / Robert Altman/Invision/AP)
Puma and Under Armour have switched sides. Helped by endorsements from Rihanna and Kylie Jenner, the German sportswear maker is in comeback mode. Its profits are reviving and its shares are surging – a mirror image to its similarly sized U.S. rival, which is reeling from a sales slowdown and a stock slump.

Business economists disagree with Trump on trade, budget

UPDATED: MONDAY, MARCH 6, 2017, 9:19 A.M.

A majority of business economists disagree with the Trump administration on several key issues, notably immigration, trade and the budget, according to a survey by the National Association for Business Economics.

GM sells European brands to France’s Peugeot

MONDAY, MARCH 6, 2017, 7:57 A.M.

General Motors Co. is selling its loss-making European car business including Germany’s Opel and British brand Vauxhall to French automaker PSA group. (Martin Meissner / Associated Press file)
General Motors is selling its unprofitable European car business to the French maker of Peugeot, marking the American company’s retreat from a major market and raising concerns of job cuts in the region.

Bird flu found at Tyson Foods chicken supplier

UPDATED: MONDAY, MARCH 6, 2017, 4:28 P.M.

Tyson Foods said Monday, March 6, 2017, a strain of bird flu sickened chickens at a poultry breeder that supplies it with birds. (Danny Johnston / Associated Press file)
Tens of thousands of chickens have been destroyed at a Tennessee chicken farm due to a bird flu outbreak, and 30 other farms within a six-mile radius have being quarantined.

BBB Tip of the Week: The Evolution of phone scams

SUNDAY, MARCH 5, 2017

Did you ever make a phone call through a switch board or party line? Maybe you had a rotary dial phone with a twenty-five foot cord you would stretch into your bedroom and close the door to talk with a friend. Then came call-waiting, caller ID and three-way calling. The thought of being able to carry a phone anywhere and talk to someone across the world seemed more than futuristic thirty years ago.

Business Beat

SUNDAY, MARCH 5, 2017

Arts Theresa MacLennan has been named the executive director of the Jacklin Arts & Cultural Center in Post Falls. MacLennan most recently served in the same capacity for The Centennial Trail Foundation and has over 25 years of marketing, management, fund-raising and development experience, mostly for non-profits.

Motley Fool: Ford Motor churning out cars, profits

SUNDAY, MARCH 5, 2017

Ford Motor Co. (NYSE: F) has made vast improvements in the quality and attractiveness of its vehicles since the recession subsided, and now it’s churning out profits quarter after quarter. And no one seems to care.

Week Ahead

SUNDAY, MARCH 5, 2017

Conventions 40th Spring Arts and Craft Show – Custer Enterprises, Sunday, Spokane County Fair & Expo Center, 12,300 attendees.

Import tax splits White House

FRIDAY, MARCH 3, 2017, 5:22 P.M.

Treasury Secretary Steven Mnuchin listens at right as President Donald Trump speaks during a meeting Feb. 22 at the White House. Mnuchin and National Economic Council Director Gary Cohn have raised concerns about calls for a new tax on imports. (Evan Vucci / Associated Press)
A major split among senior White House officials over whether to effectively create a new tax on imported goods has stalled the broader tax overhaul effort on Capitol Hill, with Republicans looking to the Trump administration for leadership on an issue that has drawn fierce resistance, according to several officials with direct knowledge of the matter.

Mexico’s economy secretary opposes Trump push for tariffs

UPDATED: FRIDAY, MARCH 3, 2017, 5:32 P.M.

Ildefonso Guajardo Villarreal, Mexico’s Secretary of the Economy, speaks at the Economic Club of Detroit on Friday. (Paul Sancya / Associated Press)
Mexico’s economy secretary said Friday that he looks forward to starting negotiations with the U.S. to update the North American Free Trade Agreement, but his country does not want to see tariffs imposed on goods produced in his country.

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