Latest News

Lenders play by new ability-to-repay rules

Criteria meant to verify borrowers won't get in over their heads

February 27, 2014

Spokane-area banks and credit unions are adjusting to new federal residential mortgage lending standards that require federally insured lenders to take additional steps when collecting a borrower's financial information and calculating ability to repay

SBA lenders predict volume rebound in 2014

Fee waivers aim to boost demand for smaller loans

February 27, 2014

Mike McLean

Some lending institutions that are among the leaders here in originating U.S. Small Business Administration-backed loans are anticipating renewed interest from borrowers this year, following a dip in total loan volume in the SBA's Spokane district in 20

Avista capital projects loom

Gas-line, customer-service, dam work totals $235 million

February 27, 2014

Mike McLean

Avista Corp. has several big capital projects totaling $235 million in value in various stages of planning and construction this year in the Spokane area. They range from a $1 million gas-line connection replacement project to an $80 million computerized

Avista's earnings jump

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February 26, 2014

Staff Report

Avista Corp., of Spokane, reported today fourth-quarter net income of $31.7 million, or 53 cents a diluted share, up from $15.9 million, or 26 cents, in the year-earlier quarter. For the full year, the company posted income of $111.1 million, or $1.85

Red Lion Hotels posts deeper loss

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February 26, 2014

Staff Report

Red Lion Hotels Corp., of Spokane, reported this afternoon a fourth-quarter net loss of $14 million, or 71 cents a diluted share, compared with a loss of $3.6 million, or 19 cents, in the year-earlier period. For all of 2013, the company posted a loss

Hecla reports loss

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February 19, 2014

Staff Report

Hecla Mining Co., of Coeur d'Alene, reported today a fourth-quarter net loss of $3 million, or 1 cent a diluted share, compared with net income of $605,000 in the year-earlier period. For all of 2013, the company posted a net loss of $25.7 million, o

Core retail projects spurring optimism

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February 13, 2014

Staff Report

A couple of redevelopment projects along downtown Spokane's Main Avenue show an encouraging bullishness in the downtown retail and restaurant markets, and a healthy vacancy rate suggests that controversial conversations about converting some public faci

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February 13, 2014

Michael Maehl

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Market Facts - Art Only

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February 13, 2014

Staff Report

Vivint moves services beyond home security

Cellular technology provides control of residential settings

February 13, 2014

Treva Lind

Wireless-based home security systems are rapidly adding conveniences to control household settings, but they're also providing more protection, says Eric Patrick, who oversees a Liberty Lake call center of Vivint Inc., a security and home-automation sys