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Latest News

INHS restructured so Providence is lone member

Empire Health Foundation receives $40 million donation as part of move
November 7, 2013
Linn Parish
The Empire Health Foundation will discontinue its role as a member of Inland Northwest Health Services, leaving Providence Health Care as INHS's lone member. As part of the restructuring, Providence is making a $40 million donation to the a joint a
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—Staff photo by Katie Ross

Engineering firm slims down machine manufacturing

Lambie uses 'right-sized' technology, robotics to streamline processes
November 7, 2013
Katie Ross
Lambie Engineering LLC, of Spokane Valley, is hoping to revolutionize the way companies fabricate parts through the concept of lean manufacturing. One of the tenets of lean manufacturing, says Lambie Engineering President and owner Ken Lambie, a
Read More

Blue Room adds to rural hospital work

Small architectural firm designing medical center planned in North Dakota
November 7, 2013
Kim Crompton
Spokane-based Blue Room Architecture & Design PS says it and its team of local consulting engineers is beginning work on the design of a $25 million replacement hospital in Bowman, N.D., a small town in the southwest corner of that state.John is
Read More
—Staff photo by Mike McLean

ZBA transitions to new owners

Architectural firm aims to stay in design forefront with sustainable housing
November 7, 2013
Mike McLean
Randy Vanhoff and Mark King, the newest partners at ZBA Architecture PS, of Spokane, say they don't plan to stray from the firm's core business as they lead the firm through a rebranding effort.ZBA, which was founded 29 years ago as Zeck Butler
Read More

Financial advisers still don't reach female clients well

Male-dominated industry adjusts to serve growing, successful demographic
November 7, 2013
Craig Holmes
Women own well over 50 percent of the private wealth in this country. Most new businesses are started by women and they have been outperforming men in higher education since 1990. Women are advancing on all fronts of the economy and will be for to
Read More

Consider financing options when selling company

While seller likely would prefer cash, other options can fill gaps in funding
November 7, 2013
Ed Kirk
A 2013 study by the National Institute on Retirement Security found that Americans of all ages are "falling well short of the savings amount they need to secure their retirement." Roughly one-third of baby boomers have no retirement savings and one
Read More
—Staff photo by Treva Lind

PrimeSource CU advances beyond its telecom roots

With two Spokane branches, organization reports rise in loans, income, members
November 7, 2013
Treva Lind
Spokane-based PrimeSource Credit Union, with nearly 6,000 members and two branches here, is experiencing strong asset and loan growth this year, during a time when the financial institution also is increasing its marketing efforts, says CEO called
Read More
—Staff photo by Mike McLean

Deciphering 401(k) fee disclosures said difficult to do

Previously hidden fees still hard to find in new mandated explanations
November 7, 2013
Mike McLean
Fee disclosure requirements for employer-sponsored 401(k) and other defined contribution retirement plans are a good idea, some financial and plan advisers here say, but they add that the disclosure statements sent to millions of plan participants
Read More

Banks serving Inland Northwest post mixed earnings

INB, Columbia among those reporting increases in net income during Q3
November 7, 2013
Staff Report
A handful of publicly-traded banks serving the Inland Northwest reported mixed results for the third quarter, with most describing a challenging market.A couple of bank holding companies said acquisitions bolstered quarterly earnings, while some
Read More

Stock index rises during latest quarter

Bank shares significantly outperformed other stocks here in latest comparison
November 7, 2013
Treva Lind
Hart Capital Management Inc., a Spokane-based investment firm, says the stock value of 14 publicly traded Inland Northwest companies as measured in an overall index it prepares rose by nearly 4 percent in the third quarter.The Hart Capital Index
Read More
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