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Latest News

Frugal janitor's life provides good financial lessons

Investors of modest means can become best clients
February 2, 2017
Rick Biel
A number of years ago, I briefly worked for one of the largest brokerage firms in the country. While there, I received some of the best advice I ever received with regard to succeeding in the industry. One of the top producers at that firm told me that
Read More

INB parent posts rise in net income for fourth quarter, year

Banner, Glacier also report gains in earnings
February 2, 2017
Linn Parish
Northwest Bancorporation Inc., the Spokane-based parent of Inland Northwest Bank, has reported fourth-quarter net income of $1.4 million, or 21 cents a diluted share, up from income of $726,000, or 11 cents a share, in the year-earlier quarter. For all
Read More

SHBA installs new board, bestows annual awards

Jim Breidenbach named 2017 association leader
February 2, 2017
Mike McLean
The Spokane Home Builders Association has installed its 2017 officers and board of directors. The association's new president is Jim Breidenbach, of Craftsmen Construction Inc., who has replaced past president Nick Scheel, of Arrow Contracting Service
Read More

Retail center going up at Valley apartment complex

Commercial building part of Granite Pointe III project
February 2, 2017
Mike McLean
Developers of the 184-unit Granite Pointe III apartment complex in Spokane Valley are constructing a 7,000-square-foot retail center that will front Mansfield Avenue and will be surrounded on three sides by apartment buildings. The Granite Pointe III pro
Read More

Spokane SBA office to offer business leadership class

Up to 18 entrepreneurs to participate in course
February 2, 2017
The Spokane branch of the U.S. Small Business Administration, for the second year, is offering an Emerging Leaders training initiative for the owners or chief administrators of small Inland Northwest businesses that are on the cusp of growth. The entrepr
Read More

Nonprofit Christ Clinic set to close at end of February

Organization cites higher costs, fewer patients
February 2, 2017
LeAnn Bjerken
Christ Clinic, a longtime nonprofit primary-care clinic located at 914 W. Carlisle on Spokane's North Side, will close at the end of this month. Officials say the clinic's closure won't affect its sister organization, Christ Kitchen, although both
Read More

NorthTown, Valley Mall owner posts rise in quarterly net income

However, GGP reports dip in earnings for entire year
February 2, 2017
LeAnn Bjerken
General Growth Properties Inc., the Chicago-based company that owns and operates both the NorthTown Mall and Spokane Valley Mall here, has reported an increase in fourth-quarter earnings compared with the year-earlier period. The company posted fourth-q
Read More

Court overturns ruling on 'Freddy Park'

Dispute involves road through dedicated open space
February 2, 2017
A Washington state appellate court panel here again has reversed the dismissal of a lawsuit alleging that Spokane County commissioners improperly authorized the construction of a road through dedicated parkland in the Wandermere area north of Spokane.
Read More

Red Lion expanded rapidly in 2016

It opened 68 new hotels, added 87 franchise pacts
February 2, 2017
Staff Report
Red Lion Hotels Corp., of Spokane, says it added a record number of new hotels and franchise license agreements last year. Through combined efforts with Coral Springs, Fla.-based Vantage Hospitality Group Inc., which it acquired recently, Red Lion says i
Read More

UW set to expand CoMotion to Spokane

Business development arm plans office downtown
February 2, 2017
CoMotion, a business development arm of the University of Washington, has confirmed plans to expand to Spokane. The mission of the new operation, which is to be called CoMotion Labs @ Spokane, will be 'to contribute to the growth of the innovation comm
Read More
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