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Latest News

Purcell Systems co-founder Pete Chase steps down

Chase plans to pursue new interests, keeps stock in company
April 26, 2012
Linn Parish
Purcell Systems Inc. co-founder Peter J. Chase has left the company. Chase had been serving as vice chairman of the 12-year-old Spokane Valley-based maker of outdoor cabinetry for the telecommunications industry since January, when the company a
Read More

Now might be a good time to sell off bonds, bond funds

Many investors now are too heavily weighted toward the steady asset
April 26, 2012
Michael Maehl
Right now may be the best opportunity to sell bonds or bond funds.Look at the flows of invested dollars into mutual funds during the past few years as described by the Investment Company Institute. Investors allocated more than $360 billion to I
Read More

In the News

April 26, 2012
April 24 / Employment here risesAbout 204,200 people held nonagricultural wage and salary jobs in the Spokane area in March, up by 900 from the prior month and by 1,200 from the March 2011 level, preliminary state figures showed. Preliminary put
Read More

Calendar

April 26, 2012
Meetings & EventsThe West Plains Chamber of Commerce will hold its May breakfast on Thursday, May 3, from 7 to 8:30 a.m., at Eastern Washington University's Pence Union Building, at 1136 Elm, Cheney. The cost is $15 for members and $25 for For a
Read More

Several establishments here win kudos from state wine organization

April 12, 2012
Four Spokane-area establishments—Masselow's, Churchill's Steakhouse, Spencer's Steaks & Chops, and The Lincoln Center—have received 2012 Washington Wine Restaurant Awards, sponsored by Seattle magazine.The awards were announced late by
Read More

Restaurant industry outlook improves, survey says

Most operators reported that same-store sales increased in February
April 12, 2012
Bolstered by positive same-store sales, traffic results, and an optimistic outlook among restaurant operators, the National Restaurant Association's restaurant performance index remained above 100 for the fourth consecutive month in February. RPI,
Read More

Statewide travel mag launches

Scenic Washington plans print edition that interacts with mobile technology
April 12, 2012
A new magazine named Scenic Washington State has started up to promote versatile travel planning in the state. Scenic Washington is an interactive glossy travel magazine that's designed to work in tandem with ScenicWA.com to assist savvy in says
Read More
—Staff photo by Treva Lind

Visitor spending in Spokane area declines, though not as much as feared

Drop in activity in '11, however, wasn't as precipitous as industry leaders expected
April 12, 2012
Treva Lind
Overall visitor spending in Spokane County declined in 2011 compared with the previous year, preliminary numbers show. Even so, Visit Spokane President and CEO Cheryl Kilday says the organization expected a drop in activity, and the numbers proved
Read More
—Staff photo by Mike McLean

Post Falls hotelier Rocky Mountain Hospitality grows through value acquisitions

Rocky Mountain concern saw opportunity during downturn
April 12, 2012
Mike McLean
Rocky Mountain Hospitality LLC, a Post Falls-based hotel operator with eight properties in Idaho and Montana, has grown steadily since buying a modest hotel in Coeur d'Alene and moving its base to North Idaho in 2004. At that time, it had two in
Read More

Vacation, investment home sales surge, NAR data show

National statistics say niche markets grow as other activity declines
April 12, 2012
Sales of investment and vacation homes jumped last year, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors.The association's 2012 Investment and Vacation Home Buyers Survey,
Read More
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