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Latest News

—Staff photo by Paul Read

ISM shifts focus to infrastructure

Health-research group's new plan won't be nearly as expensive
November 20, 2008
Paul Read
The Institute for Systems Medicine, a Spokane effort that had hoped to raise $100 million or more to attract world-class scientists here, has refocused itself on building the infrastructure it believes Spokane needs to be a player in basic That a
Read More
—Staff photo by Kim Crompton

AmericanWest scraps acquirer role

Amid losses, bank seeks to shed costs, raise capital
November 20, 2008
Kim Crompton
AmericanWest Bancorp says it expects to reduce its overall work force by up to 10 percent and to secure private equity funding, regardless of any federal bailout money it might receive, as part of a broad effort to stem losses and get back on says
Read More

Blue chips entice, but don't count on them staying low risk

Reliable performers now tougher to pick as ranks become ever-changing
November 6, 2008
Andrew Leckey
Brutal market activity has ravaged the ranks of blue-chip stocks.As newcomers enter this fraternity of reliable national performers, some of the old guard has lost its membership altogether while others are capitalizing on the financial virtues
Read More

The 95/95 proposition: How to get on winning side of it

To hit more home runs, focus on receiving, not making, unsolicited calls
November 6, 2008
Sales & Marketing
When a prospective customer calls you on the phone and wants to buy—either they heard or read something about you, or read something that you wrote, or someone referred them to you—the odds are close to 95 percent that you can make a sale
Read More

In The News: November 6, 2008

November 6, 2008
Nov. 4 / Avista Corp.'s earnings improve Avista Corp., of Spokane, reported third-quarter net income of $7.4 million, or 13 cents a diluted share, compared to a net loss of $3.9 million, or 7 cents a diluted share, in the year-earlier
Read More

Calendar: November 6, 2008

November 6, 2008
November 6-20, 2008 The Journal of Business publishes information about meetings, events, and learning opportunities of interest to the general business community. Submit such items to Ben Rascoff, Journal of Business, 429 E. Third, WA
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Small business Watch: November 6, 2008

November 6, 2008
Pete's Independent Honda changes hands Ken Peterson says he has purchased Pete's Independent Honda, an automotive repair shop at 4409 E. Sprague, from Peter Nguyen, for an undisclosed sum and plans to continue to operate the business
Read More

Expect sizable changes in investing landscape by 2020

Experts' views vary, but several say they foresee healthier environment
November 6, 2008
Andrew Leckey
"Time, time, time, see what's become of me," sang Simon and Garfunkel in 1966 (and the Bangles in 1987), "while I looked around for my possibilities."Time and possibilities are a jumble in the 2008 investment world, but looking ahead rather than
Read More

Fighting financial angst: Here are some ways to take control

Sharing concerns, focusing on wellness activities often can help, psychologists say
November 6, 2008
With the economy in crisis and foreclosures at an all-time high, financial anxiety among Americans appears to be soaring to new heights.In a poll distributed by the American Psychological Association (APA) to more than 1,700 U.S. adults, eight a
Read More

Monitoring Federal Home Loan Banks' risk effects

FHLB members show slightly higher exposure to risk than nonmembers
November 6, 2008
In what's touted as the first study to examine the impact of Federal Home Loan Bank membership and funding on commercial bank risk, a University of Arkansas researcher and colleagues at two Federal Reserve banks found evidence to suggest that FHLB
Read More
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