Sometimes—especially when a bear market awakens from its hibernation—investors begin to feel the urge to take a flier on a higher-risk mutual fund.Which can be OK. Having a very small portion of your holdings in speculative choices can

May 18 / Clearwater to build $260 million tissue-products plant Spokane-based Clearwater Paper Corp. said it plans to build a new facility, at a cost of between $260 million and $280 million, to produce private-label bathroom tissue.

Meetings & Events The Spokane chapter of the American Advertising Federation will hold a lunch program on Thursday, May 20, from noon to 1:30 p.m., at the Global Credit Union auditorium, 1520 W. Third, in Spokane. Clint Runge, of Youth

Promoter purchases assets of The Blvd, renames it Seaside Bill Powers, a Spokane concert promoter for the past 10 years, has purchased the assets of The Blvd concert house, at 230 W. Riverside, from Ray Wilson, and has renamed it to

Jon Eliassen, who retired from Avista Corp. in 2003 after 33 years on the job, now is both chairman of Itron Inc. and interim president and CEO of Red Lion Hotels Corp. That has got to be like working full time plus.The changes Eliassen already

Commellini's, a long-time Italian-style restaurant here, will be reopened this summer as a reservations-only restaurant and events center, says Robert Seghetti, who will own the establishment with his wife, Lauri, and his parents.Seghetti's has

A site on the West Plains owned by a Spokane-area fitness chain is scheduled to be auctioned off at a trustee's sale on May 28 to satisfy more than $500,000 in debt on the property.M-R Fitness Inc., owned by Michael Lee, had announced plans in a

Kaiser Aluminum & Chemical Corp. has begun taking water samples at a former aluminum by-product disposal site about 10 miles northeast of downtown Spokane in the Mead area that has been found to contain contaminants.The site, located near the of

Northwest Farm Credit Services has reported $41.1 million in net income in the first quarter, boosting its quarterly earnings by 140 percent from $17.1 million in the year-earlier period.Meanwhile, the Spokane-based ag-lending cooperative set in

Sterling Financial Corp., of Spokane, is proposing to merge its Golf Savings Bank mortgage subsidiary into Sterling Savings Bank, its Spokane-based banking arm, and take other steps as it works to complete its proposed $720 million company also to