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Newsmakers: Aug. 14-20, 2017

Newsmakers in the areas of art, banking & finance, construction, education, health care and insurance.

Features Editor Hanna Smith outlines the annual event.

Newsmakers in the areas of architecture, education, health care, insurance, nonprofit and real estate.

Tim Walsh takes over for Gregory Ostergren.

The auto parts retailer increases the aggregate amount of its buyback plan to $9.75 billion.

The company’s president disputes claims by a former Springfield executive for the firm.

It’s unclear who is now serving in the top role for the 4,600-employee Springfield-based insurance firm.

The 5,980 reporting banks and savings organizations report aggregate net income of $45.6 billion. 

The company closes on deals comprising a sale and a purchase.

The Medicare Access and CHIP Reauthorization Act is overhauling the way providers will get paid in America.

The Missouri Department of Insurance recommends a 4.6 percent decrease in 2017.

Richard Russell steps into the role as Richard Ollis became chairman and chief executive.

Stephanie Murphy of Guaranty Bank: It’s probably a good time to see if you really should be celebrating Small Business Week.

The Federal Deposit Insurance Corp. has a new inspector general.

In a turbulent sea of increased compliance, the Federal Deposit Insurance Corp. is throwing small banks a lifeline.

The nonpartisan Congressional Budget Office yesterday reported the House Republican health care bill would leave 23 million fewer Americans with health insurance by 2026.

In 2016, State Farm Insurance lost more money insuring cars than it ever has in its 95-year history.

The U.S. Senate on Thursday took its first step toward dismantling the Affordable Care Act. 

Full-year earnings move up 4.9 percent to $171.3 billion. 

CoxHealth this month signed a letter of intent to buy Citizens Memorial Healthcare in a deal valued at $120 million over seven years. It’s anticipated to close in mid-2017.

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Winding it Down

Kenny Gott, a Certified Financial Planner with Piatchek & Associates and one of Springfield Business Journals Trusted Advisors for 2017, says you need to start planning early for retirement and put a succession plan in place.

Expanding Opportunities Steve Wohnoutka, co-owner of Superior Rents, says finding the right opportunity to expand your business can be difficult. When an equipment company in Wichita, Kansas closed, it presented a suitable …
Successful Succession Bill Nesbitt, Owner of Nesbitt Construction, says he hadn’t originally planned for his son to succeed him as president of their company. Michael Nesbitt spent several years working his way into the …
Ready to Quit - Have You Thoroughly Thought About it? Candida Deckard, one of Springfield Business Journal’s Most Influential Women and the Director of Human Resources and Safety at CNH Industrial Reman, says you need to carefully consider the consequences before you quit your job.
Trusted Advisors - Plan Proactively Megan Creson, an Associate Attorney with Lowther Johnson Attorneys at law LLC, says you need to be proactive in managing your business.