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Latest News

News media employment here shrinks

Industry loses 500 jobs over last several years as ad revenues slump
July 30, 2009
Kim Crompton
Due heavily to falling advertising revenues, the Spokane-area news media industry and related industry subsectors have shed 500 jobs since peaking in 2006, with the most precipitous decline occurring over the last 12 months, figures show. Some of
Read More

County spat with Valley simmers on

Commissioner says Valley has 'wrong mindset;' mayor says Valley 'carried' county
July 30, 2009
David Cole
Elected leaders of Spokane County and the city of Spokane Valley have been feuding over everything from snow removal to law enforcement to sewage treatment, but now say there are signs their relationship is improving.The spat hit a fevered pitch
Read More
—Staff photo by Jeanne Gustafson

If you build it, they will play

Recent projects said not enough to quench region's thirst
July 30, 2009
Jeanne Gustafson
Despite a spate of big recreation-related projects here, those who work in that industry say still more public investment in ball fields, swimming pools, gyms, and other sports facilities is needed to meet tremendous growth in demand.In Spokane,
Read More

FDIC costs hammer banks here

Premium hikes, special assessment propel bills higher
July 30, 2009
Richard Ripley
Soaring Federal Deposit Insurance Corp. premiums have delivered a body slam to Spokane-area banks, which already were grappling with the costs of dealing with problem loans.The FDIC hiked its deposit-insurance premium rates in 2008 and again as
Read More
—Staff photo by Mike McLean

Farm management firm here upbeat despite down market

Sharp & Hatley handles more than 100,000 acres for 140 property owners
July 30, 2009
Mike McLean
When the region has a big wheat crop, and prices are high, John Sharp and Allen Hatley naturally are happy, they say. This year, though, an average crop is expected, and they're merely upbeat.The farm-bred executives of Sharp & Hatley Inc., of I
Read More

Washington's wheat farm ranks dwindle

Their numbers plummeted by 40 percent between 1997 and 2007, census data show
July 30, 2009
Scott Yates
The 2007 Census of Agriculture, which was released in early February, was reported by the mainstream media as a good day for farming. Like most news stories, however, the numbers depended upon the spin given to them.The headlines on the news the
Read More
—Staff photo by Jeanne Gustafson

Car dealer, wife, friends take food online

Smith Preferred offers specialty Northwest-made products, currently adding wines
July 30, 2009
Jeanne Gustafson
From cars and trucks to mortgages—and now gourmet foods—one never knows what the Dave Smith family will sell online next. The newest venture is a company inspired by Dave Smith Motors CEO Ken Smith's wife, Debbie, who also is the front an
Read More
—Staff photo by David Cole

Northern Quest offers lots to eat for gamblers, guests

Kalispel Tribe of Indians buys $1.5 million in food per month
July 30, 2009
David Cole
Gaming chips aren't the only things that can stack up at Northern Quest Resort & Casino. Every month, the West Plains tribal casino buys about 560 gallons of milk, 800 pounds of hot dogs, 1,600 pounds of salmon, and 100 cases of bacon, just to a
Read More

Small Business Watch: July 30, 2009

July 30, 2009
Trio to open spa, salon downtown Three Spokane women with more than three decades of combined experience in the cosmetology and massage therapy fields plan to open their own business, Green Salon & Day Spa, downtown next month.The
Read More

Some home-related stocks edge up, but most still wobbly

Analyst says outlook not likely to turn truly positive for another quarter or two
July 30, 2009
Personal Investing
Home is where the heart is, but it hasn't been much of a profit center lately.Recession and declining property values have hit home owners hard, which is bad news for investments tied to homes and property. Home builders, home improvement and to
Read More
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