Latest News

Coffee roaster, wholesaler opens doors on North Side

Roast House owners say Main Market is first big customer
January 28, 2010
David Cole
A Spokane couple, Deborah Di Bernardo and Jim Haynes, have started a coffee roasting and wholesale business named Roast House LLC.Di Bernardo says the couple has hired David Rier, who previously worked for Thomas Hammer Coffee Roasters, of as Di
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—Staff photo by Jeanne Gustafson

Chocolate for your 'health'

January 28, 2010
Jeanne Gustafson
While Susan Davis was studying at Eastern Washington University in 2005 to prepare to enter a pharmacy program, she dreamed of a chocolate dispensary that would help her and her classmates survive their long study sessions.The more she thought a
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Mall owner eyes options for recovery

Some of its properties, though none here, now are out of bankruptcy
January 28, 2010
Kim Crompton
General Growth Properties Inc., the ailing Chicago-based owner of three of the Spokane-Coeur d'Alene area's largest shopping centers, says it has retained a financial firm to help it evaluate financial transactions that would enable it to emerge 11
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Foreclosures accelerated here in 2009

Analysts believe return to 'healthy' default rate could take several years
January 28, 2010
Mike McLean
Foreclosures in Spokane and Kootenai counties continued to climb in 2009, and economic analysts here say any turnaround will be gradual.The Spokane County auditor reported 924 foreclosures on deeds of trust in 2009, up a steep 65 percent from in
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Magnuson Hotels plans London office

Company has affiliates in Scotland, Bahamas, eyes adding 150 UK hotels
January 28, 2010
Jeanne Gustafson
The owners of Spokane-based Magnuson Hotels say they plan, personally, to move to London soon to launch an international headquarters for the quickly growing hotel-reservation management company.Tom Magnuson, the company's CEO, says he and his a
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Report makes case for med school here

Task forces highlight shortages of doctors here, in region, across country
January 28, 2010
Richard Ripley
Spokane and Eastern Washington have significant shortages of physicians, and it's projected those shortages will worsen dramatically in the next 10 to 20 years, says a report by two task forces that studied development of a four-year medical school
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—Staff photo by David Cole

EZ Loader diversifies amid slump

Manufacturer here clears sales hurdles in Europe, adds line of utility trailers
January 28, 2010
David Cole
With the U.S. marine industry in a downturn, longtime Spokane manufacturer EZ Loader Boat Trailers Inc. has taken steps to diversify by winning regulatory approval to sell its boat trailers throughout Europe and by launching a line of utility and a
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—Photo by Van Gundy Photography, Spokane

U.S. crisis put Hecla on edge

Company sought to refinance large debt as credit markets froze
January 28, 2010
Paul Read and Paul Read
Earlier this month, Hecla Mining Co. announced that its silver production had jumped 26 percent in 2009 and that surging cash flows had left the Coeur d'Alene-based company with zero debt and $100 million in cash on hand. What a difference a year a
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Southgate site-plan work looms

Collaborative developer effort to involve about 45 acres
January 28, 2010
Kim Crompton
Work is expected to get under way shortly on the creation of an unusual integrated site plan for three neighboring, but separately owned, commercial properties in the Southgate area of the South Hill that have been the subject of years of mostly a
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'Tech trauma' should ease as demand climbs, rates fall

Cost-saving technologies likely to perform the best this year, analysts predict
January 28, 2010
Personal Investing
Tech trauma is a modern investor ailment.While the patient is aware that technology stocks are symbolic of the near- and long-term promise of the economy, their erratic movement can spike blood pressure beyond normal limits.Not even last tech
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