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Latest News

—Katie Ross

Bennett House touts respite for senior caregivers

Adult day-care center opens in Coeur d'Alene
February 27, 2014
Katie Ross
Coeur d'Alene businessmen Rick Bennett and George Cunningham have opened an adult day care facility, called Bennett House, to provide caretakers some respite from tending to elderly loved ones. Bennett and Cunningham formed a partnership to open Ben
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Francesca's adds second women's clothing store in Spokane

Outlet opens downtown in River Park Square mall
February 27, 2014
Treva Lind
A women's clothing outlet of Houston-based retailer Francesca's Holdings Corp. has opened in River Park Square as the company's second store in the Spokane area. The downtown store's manager, Toni Burke, says the Francesca's outlet opened there
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Ptera Wireless wins city of Liberty Lake contract

Ptera to upgrade, manage phone, Internet services
February 27, 2014
Katie Ross
The city of Liberty Lake has contracted with Ptera Wireless Inc., the Liberty-Lake based provider of wireless broadband internet and phone services, to upgrade its phone and Internet services, says Steve Wilson, vice president of Ptera. The project bega
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Red Lion Hotels introduces interpretation devices for guests

Mobile service translates 180 different languages
February 27, 2014
Katie Ross
Red Lion Hotels Corp., of Spokane, is piloting a mobile interpretation device at its Anaheim, Calif., property to help bridge the communication gap between hotel staff and international travelers. 'They've been using it for a couple of weeks,” say
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—Katie Ross

AmericanWest Bank grows loans, eyes more acquisitions

Bank extended $1 billion in credit in last two years
February 27, 2014
Katie Ross
Spokane-based financial institution AmericanWest Bank has experienced an organic loan growth rate of about 10 percent a year for the last two years, which is double the industry standard, claims CEO Scott Kisting. The bank also has extended a total of
Read More

Magnuson Hotels posts growth in its network

Licensing agreements include nearly 150 branded properties
February 27, 2014
Treva Lind
Magnuson Hotels, a hotel group that offers reservation and property management services and has headquarters in Spokane and London, says the number of hotel clients that operate under one of its three non-franchise brands increased by 25 percent in 2013,
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Startup aims at reducing waste of medical products

Website is marketplace for users to buy, sell, trade
February 27, 2014
Katie Ross
Spokane startup e-business H-Source LLC, which is promoting its website at www.h-source.com as a marketplace for hospitals and medical providers to buy, sell, and trade medicines and equipment, is pursuing funding to help it to expand the website and attr
Read More
—Linn Parish

Kent Caputo, of the Kalispel Tribal Economic Authority: Betting on diversification

-
February 27, 2014
Linn Parish
Northern Quest Resort & Casino has evolved from a box-shaped gaming establishment on the outskirts of Airway Heights to a full-service operation with high-end restaurants and a hotel tower. For the last five years, Bremerton, Wash.-born Kent Caputo has ov
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—Linn Parish

Secured Investment Corp. to franchise Cogo Capital

Having tested concept here, company to expand
February 27, 2014
Linn Parish
Secured Investment Corp., the Coeur d'Alene-based private-money lender, plans to start franchising its young retail subsidiary, Cogo Capital LLC, in an effort to increase its loan volume more quickly. Not quite 1 1/2 years old, Cogo Capital has corp
Read More

Northwest Farm Credit Services posts jump in earnings

$58.1 million in refunds sent to shareholders
February 27, 2014
Treva Lind
Northwest Farm Credit Services, the Spokane-based agricultural lending cooperative, has reported net income of $237 million for 2013, an increase of 26 percent compared with income of $187.3 million the previous year. Meanwhile, the cooperative says itï
Read More
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