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Latest News

Interface buys building on West Second

Computer-training school here expects larger quarters will give it room to grow
November 12, 2009
Mike McLean
Interface Computer Services Inc., a computer-skills school that does business here as Interface College-Spokane, says it has bought an 8,800-square-foot, two-story building at the northwest corner of Second Avenue and Stevens Street downtown and to
Read More
—Rendering courtesy of Miller Hull Partnership LLP

Work starts on Whitworth science building - Art only

November 12, 2009
Whitworth University plans to break ground Nov. 12 on a $32 million science building on the north end of its campus. Bouten Construction Co., of Spokane, is the contractor on the 63,000-square-foot, three-story structure illustrated here, and LLP
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Work-force cuts rise, but hires planned

Announced job additions through first nine months topped total for all of '08
November 12, 2009
The pace of work-force reductions is about 40 percent ahead of last year. However, a new report shows that, through September, employers already had announced plans to hire more workers than they did in all of 2008.The report released Oct. 12 by
Read More

'Middle-skill' jobs in state said to soar

About 470,000 positions are expected to be added by 2017, new report says
November 12, 2009
In what will play a major role in Washington's economic recovery, nearly 470,000 "middle-skill" job openings—those that require more than a high school diploma, but less than a four-year college degree—are projected for the state by 2017,
Read More

Chance to 're-career,' flexibility drive online education

Recession a factor for higher demand; high-schoolers opt in, too
November 12, 2009
David Cole
Though the recession has had many negative effects, it's been a boon for online education, which is becoming increasingly mainstream, schools here say.Demand for online classes is rising, and schools are responding by adding more course's, and to
Read More
—Staff photo by Mike McLean

Retraining programs swell

Displaced workers here prepare for changes in careers with state, federal help
November 12, 2009
Mike McLean
Shannon Eslick decided to enroll in dental-assistant courses at Spokane Community College through its state-funded Worker Retraining program after she was laid off for a second time last year by Insight Enterprises Inc.'s Liberty Lake outlet.The
Read More

Mutual-fund investors ignore cost, focus on gains

November 12, 2009
News Wise
Even though the fees and expenses associated with a mutual fund can greatly affect a shareholder's return, consumers are more likely to focus on past performance and virtually ignore cost information, researchers at Furman and Radford universities
Read More

Ranks of top SBA lenders shuffle in Spokane market

Some de-emphasize loans, others see opportunity to climb ranks, expand
November 12, 2009
Jeanne Gustafson
The ranks of the top lenders here that participate in the U.S. Small Business Administration's loan programs have shifted, a recent report from the federal agency shows. Walla Walla-based Banner Bank, for example, ranked fourth among SBA here a
Read More

Idaho Independent Bank reports quarterly loss, big drop in deposits

November 12, 2009
Paul Read
Coeur d'Alene-based Idaho Independent Bank, which operates primarily in Southern Idaho, has posted a third-quarter net loss of $1.99 million, or 31 cents a diluted share, compared with net income of $1.64 million, or 25 cents a share, in the the
Read More

Spokane bankers refocus on closer ties to customers

After real estate heyday, building 'relationships' regains strong emphasis
November 12, 2009
Richard Ripley
Bankers here say they're more interested in relationships.They aren't talking about their feelings, but the word "relationship" does have special meaning to them, especially during a financial sector crisis that has sent them scrambling to get a
Read More
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