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Latest News

Depressed overseas stocks offer bargains for investors

Main risk, pundits believe, is a deepening downturn that could spread globally
March 25, 2010
Andrew Leckey
Europe's ongoing fiscal trauma may present opportunities for U.S. investors.There could, for example, be possibilities in European stocks that are depressed in price or in stocks of the U.S. multinational companies most likely to gain from risk
Read More

Bank's life after NASDAQ

AmericanWest says it doesn't expect exit from stock exchange to hinder capital pursuit
March 25, 2010
Kim Crompton
The recent decision by AmericanWest Bancorp., Spokane-based parent of AmericanWest Bank, to pull its common stock off of the Nasdaq exchange shuts off its access to a large potential source of capital at a time when the company is hungry for a he
Read More
—Staff photo by Mike McLean

Small businesses, homes buoy Mountain West

Cd'A-based bank's SBA-backed loans grew 13 percent in 2009; commercial real estate loans surge
March 25, 2010
Mike McLean
Coeur d'Alene-based Mountain West Bank is relying on its strengths in small-business, commercial real estate, and residential lending to remain profitable through the recent recession and the recovery from it, says Russ Porter, the bank's president
Read More

Small Business Watch: March 25, 2010

March 25, 2010
Counseling office opens on South Hill Cheryl Osler, a clinical nurse specialist, licensed mental health counselor, and child mental health specialist, has opened South Hill Counseling in 350 square feet of leased space in the at 703
Read More

Real Estate Roundup

March 25, 2010
Mike McLean
Reno, Nev.-based Dinter Engineering Co. has leased 950 square feet of office space in the Lakeland Square commercial center, at 1556 state Route 41, in Rathdrum, Idaho, and has moved an office there from 17562 W. Liree Drive, in Hauser Lake, Idaho.
Read More

Spokane contractor to handle $540,000 in city paving projects

March 25, 2010
Jeanne Gustafson
The city of Spokane has awarded contracts for two road projects, worth a combined $540,000, to MJM Grand Inc., of Spokane. The projects, located in northeast Spokane and Peaceful Valley, involve paving unpaved streets and adding sidewalks, says a
Read More

Interstate Concrete wins $830,000 in repaving work in Dalton Gardens

March 25, 2010
Jeanne Gustafson
Interstate Concrete & Asphalt Co., of Coeur d'Alene, has won two contracts, worth a combined about $830,000, to repave portions of Hanley Avenue in Dalton Gardens, Idaho.The work constitutes the final two phases of a three-phase project to just
Read More

Cornerstone lands second tenant for redeveloped office building

March 25, 2010
Jeanne Gustafson
Cornerstone Property Advisors LLC, of Spokane, says it has secured a second tenant for a building it redeveloped last year, and also plans to move its own offices to the building, at 1311 N. Washington, in April. The Spokane office of the state
Read More

New owners take the helm at longtime shoe store here

Berg's Junior Shoes has changed hands after 80 years, three generations
March 25, 2010
Kim Frlan
Chris Berg says he has sold Berg's Junior Shoes, located at 818 W. Sprague, to Alex and Beth McCauley, of Spokane, but plans to work part time at the longtime downtown store indefinitely.McCauley says he and his wife plan to add adult shoes to a
Read More

Subsidized energy audits for homes said coming soon

Spokane County, cities team up to defray fee to Avista subcontractor
March 25, 2010
Richard Ripley
Spokane County, the cities of Spokane and Spokane Valley, and Avista Utilities soon will make home energy audits available through a joint effort.Spokane County discussed the audits in a 2009-2010 annual report that it distributed at a Greater a
Read More
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