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Motley Fool: McKesson well positioned for profitability

Sun., April 23, 2017, 5:12 a.m.

It rakes in close to $200 billion per year, employs about 70,000 people and is No. 5 on the Fortune 500 list, but relatively few people have heard of McKesson (NYSE: MCK). By revenue, it's the largest of the big three wholesale prescription drug distributors in the U.S. (ahead of Cardinal Health and AmerisourceBergen), enjoying powerful economies of scale.

BBB Tip of the Week: Giving to crowdfunding sites

Sun., April 23, 2017, 4:56 a.m.

There is a good chance if you are on social media or have an email account that you have been sent a link to a crowdfunding site to support an individual or organization.

Business Beat

Sun., April 23, 2017, midnight

Inland Northwest Community Foundation has named

Liz Weston: Investment fees could leave you old and broke

Sun., April 23, 2017, midnight

You want to save as much as possible for retirement. The financial services industry wants to make as much money off you as it can. That thorny conflict is at the heart of the battle over what is known as the “fiduciary rule.” If implemented, it would require financial advisers to put clients’ best interests first when counseling them about retirement savings. In practice, it typically would prevent financial pros from steering you into a high-cost investment if similar low-cost choices are available.

Week Ahead

Sun., April 23, 2017, midnight

Wednesday Small Business Resource Event – The West Plains Chamber of Commerce and the U.S. Small Business Administration will present brief presentations. Representatives will be available to discuss free resources to help small business development. For more information and to register, please visit 5-7:30 p.m., Farm Credit Services HQ, 2001 S. Flint Road, Spokane.

Trump sons take helm of company, eye domestic expansion

Sat., April 22, 2017, 11:42 a.m.

In this Feb. 28, 2017 photo, Donald Trump Jr., left, and his brother Eric Trump attend the grand opening of the Trump International Hotel and Tower in Vancouver, B.C., Canada. Apprentices no more, Eric Trump and Donald Trump Jr. are now at the helm of the Trump Organization and adjusting to the reality presented by their father's presidency. (Jonathan Hayward / Associated Press)
Apprentices no more, Eric and Donald Trump Jr. are now at the helm of the Trump Organization and adjusting to the reality presented by their father’s presidency. They’re eyeing ways to use the new lease on the family fame by expanding the brand into parts of the United States that embrace him.

Global finance leaders grapple with globalization fears

UPDATED: Sat., April 22, 2017, 9:54 p.m.

Federal Reserve Chair Janet Yellen talks with Japanese Finance Minister Taro Aso as they gather for the Family Photo during the G20 at the 2017 World Bank Group Spring Meetings in Washington, Friday, April 21, 2017. (Carolyn Kaster / Associated Press)
Global finance leaders on Saturday dropped a sharp condemnation of trade protectionism and references to climate change from a closing statement that wrapped up the spring meetings of the 189-nation International Monetary Fund and the World Bank.

Match for mutts? New website helps people adopt the best dog

Fri., April 21, 2017, 6:25 p.m.

Morgan Fredette, 13, left, holds the family dog Roscoe as her mother Kate, center right, and brother Lucas, 11, right, play with the dog at their home in Waltham, Massachusetts. The family found the dog through the online platform How I Met My Dog, that is designed to help humans pick the most compatible mutt possible. (Steven Senne / Associated Press)
The new online business How I Met My Dog works like Match or eHarmony, fitting humans with dogs based on what really matters: personality, lifestyle and behavior. Several other online services match people with pets, but the founders of How I Met My Dog say they take things to a new level with a more detailed, science-based questionnaire that narrows the number of dogs that meet a human adopter’s lifestyle and expectations.

Your imported teeth are a battlefield as Trump takes on trade

Fri., April 21, 2017, 1:32 p.m.

Dental implants, crowns and bridges made in places like China and Mexico compose as much as 40 percent of the $8.5 billion U.S. market for dental restorations. President Donald Trump’s threat to erect barriers against foreign goods could shake up the market for these products, which sell for a fraction of U.S. prices. (Spokesman-Review)
To get a feel for what’s at stake in the U.S. trade debate, run your tongue over your molars. Implants, crowns and bridges made in places like China and Mexico compose as much as 40 percent of the $8.5 billion U.S. market for dental restorations. They sell for a fraction of U.S. prices and boost profits for group practices and the private-equity backed networks that now employ about 18 percent of American dentists.

America’s manliest industries are all competing for women

Fri., April 21, 2017, 1:15 p.m.

With Baby boomers retiring in droves, industries long dominated by men are faced with a worker shortage. Some trades, including iron workers, hope to recruit more women to fill the gaps. (JOAN SEIDEL / Associated Press)
Baby boomers are retiring in droves, vacating construction sites and body shops and 18-wheelers. Now America’s male-dominated industries, faced with a looming worker shortage, are trying to tap talent that has traditionally found such working conditions hostile: women.

United misses deadline to answer senators on dragging

Fri., April 21, 2017, 12:47 p.m.

John Slater, a United Airlines vice president, testifies at a City Council committee hearing in Chicago April 13. Slater said that bumping passengers to accommodate airline employees happens infrequently, and that federal guidelines requiring rest for crew members made it necessary to get the employees on the United flight in which Dr. David Dao was dragged. (Teresa Crawford / Associated Press)
United Airlines and Chicago airport officials missed a deadline for answering questions from by key U.S. senators about the dragging incident aboard a United Express plane. The company and city say they want more time.

Trump eyes changes to Obama’s tax and Wall Street rules

UPDATED: Fri., April 21, 2017, 12:41 p.m.

President Donald Trump speaks at the Treasury Department in Washington on Friday. On the wall next to Trump is a framed copy of a Wall Street Journal article signed by Trump to Treasury Secretary Steve Mnuchin. (Alex Brandon / Associated Press)
Hoping to improve economic growth, the Trump administration embarked Friday on new efforts to study and possibly dismantle some of the tax and financial regulations established by former President Barack Obama.

U.S. home sales shoot up to 10-year high

Fri., April 21, 2017, 8:20 a.m.

This Wednesday, April 12, 2017, photo shows a home for sale, in Natick, Mass. Americans purchased homes in March at the fastest pace in over a decade, a strong start to the traditional spring buying season. (Steven Senne / Associated Press)
WASHINGTON – Americans purchased homes in March at the fastest pace in over a decade, a strong start to the traditional spring buying season. Sales of existing homes climbed 4.4 percent last month to a seasonally adjusted annual rate of 5.71 million, the National Association of Realtors said Friday. This was the fastest sales rate since February 2007.

Wells Fargo ups sales practices settlement to $142 million

Fri., April 21, 2017, 8:17 a.m.

Wells Fargo agreed Friday to expand a recently settled class-action lawsuit by an additional $32 million as well as extend claims for fraudulent accounts that may have been opened going back to 2002.

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