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Latest News

SUV tax loophole good while it lasted, dealers say

Companies take advantage of law that lets them deduct $100,000 of big rigÂ’s value
February 26, 1997
Linn Parish
The federal tax law passed last year opened a loophole so big that a small-business owner could drive a Hummer through itor at least, drive one off a car lot much easier.The law allowed a business to write off as a business expense up to of a
Read More

New offerings look Fast & Furious

Custom trend, pop culture affect designs and engines of new models, dealers say
February 26, 1997
Marc Stewart
Its amazing how a cult film about a group of illegal street racers and their custom cars can affect the automotive industry. Manufacturers are moving away from generic styles that dominated the 90s and are designing cars with a lot more the
Read More

Lifestream shipments jump by 108 percent

Cholesterol-monitor maker credits the exposure it gets on home-shopping channel
February 26, 1997
Paul Read
Lifestream Technologies Inc., the Post Falls-based maker of cholesterol monitors, says its product shipments in its most-recent quarter shot up 108 percent over the year-earlier period.The small health-care device maker declined to disclose or
Read More

Avista unit finally posts first profit

Bill-paying subsidiary adds penny to earnings of parent corporation
February 26, 1997
Avista Advantage, Avista Corp.s long unprofitable subsidiary, finally has broken into the black.The subsidiary, a third-party manager of utility bills and other facility charges for businesses, chalked up pre-tax income of $823,000 from and 1
Read More

Ex-Spokane lawyer buys two downtown buildings

Four-story former hotel could become extension of Community Building
February 26, 1997
Linn Parish
Former Spokane attorney James Sheahan has bought the old Sarnac Hotel building and a neighboring warehouse structure along West Main Avenue in downtown Spokanes east end.The buildings are just east of two structures that Sheahan bought in and
Read More

Season Ticket plans to open card room

Spokane sports bar eyes big gambling operation, could hire 75 employees
February 26, 1997
Marc Stewart
Season Ticket Sports, Spirits & Grub, a sports bar and restaurant near Spokane Veterans Memorial Arena, plans to open a gambling operation at its premises early next year.Randazzo Co. LLC, of Spokane, which owns Season Ticket, is asking the for
Read More

Dave Black, others form realty fund

Private placement offering to raise up to $30 million for real estate investment
February 26, 1997
Kim Crompton
Spokane real estate broker Dave Black and three associates have formed a company here through which they are seeking to raise $20 million or more in a private-placement offering to invest in real estate over a wide geographical area.The company
Read More

Power plan proposes focus on conservation

RegionÂ’s electricity supply is in surplus; coal, wind development urged later
February 26, 1997
Richard Ripley
The Pacific Northwest, having added electrical generating capacity rapidly when power prices skyrocketed in 2000 and 2001, has a surplus of supply today, and over the next five years should focus on conservation as it seeks to develop future the on
Read More

George Gee set to buy CdÂ’A dealership assets

Liberty Lake dealer heads company that will acquire Dan Barton Cadillac Isuzu
February 26, 1997
Marc Stewart
A company headed by Liberty Lake auto dealer George Gee has agreed in principle to buy the assets of Dan Barton Cadillac Isuzu Inc., of Coeur dAlene. The long-established Coeur dAlene dealership, located at 317 W. Dalton near busy U.S. 95,
Read More

Building on a family legacy

February 26, 1997
Kim Crompton
Family-related photos and mementos far outnumber professional plaques in the downtown Spokane office of commercial real estate broker, investor, and developer Dave Black.The dcor is dominated by pictures of Blacks deceased father, James S. a
Read More
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