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Latest News

—Staff photo by Katie Ross

Spokane-area retailers hopeful for holidays

End of government shutdown helps lift spirits
October 24, 2013
Katie Ross
The National Retail Federation is forecasting an increase of almost 4 percent in retail sales for the months of November and December this year. This is slightly higher than 2012's actual increase of 3.5 percent and the 10-year average holiday of a
Read More

Avista posts jump in net income

October 24, 2013
Avista Corp., of Spokane, reported today third-quarter net income of $11.4 million, or 19 cents a diluted share, compared with income of $5.8 million, or 10 cents a share, in the year-earlier period.Scott L. Morris, chairman, president, and CEO of
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Avista to acquire Alaska utility

October 24, 2013
Avista Corp., of Spokane, announced this afternoon that it has agreed to acquire Alaska Energy & Resources Co., a privately held Juneau, Alaska-based company that operates Alaska Electric Light & Power Co., in a transaction valued at $170 purchase
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Ambassadors posts net loss

October 24, 2013
Ambassadors Group Inc., the Spokane-based provider of educational travel programs, posted this afternoon a third-quarter net loss of $1.6 million, or 10 cents a diluted share, compared with net income of $5.5 million, or 31 cents a share, in the to
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INB parent reports increase in earnings

October 24, 2013
Northwest Bancorporation Inc., the Spokane-based holding company of Inland Northwest Bank, announced today third-quarter net income of $708,000, or 22 cents a diluted share, up from $229,000, or 7 cents a share, in the year-earlier quarter.The in
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NorthTown Mall redevelopment planned

October 24, 2013
General Growth Properties, the Chicago-based real investment trust that owns NorthTown Mall and Spokane Valley Mall, announced last night plans to demolish a significant portion of the north side of NorthTown Mall and to create new formal entrances
Read More

Clearwater Paper's earnings decline

October 24, 2013
Clearwater Paper Corp., of Spokane, reported today third-quarter net income of $13.3 million, or 60 cents a diluted share, compared with $19.1 million, or 80 cents a share, in the year-earlier period.The company said its earnings fell due to $17.5
Read More

In the News: October 24, 2013

October 24, 2013
Oct. 22 / Potlatch earnings risePotlatch Corp., of Spokane, reported third-quarter net income of $22.2 million, or 54 cents a diluted share, up from $18.6 million, or 46 cents a share, in the 2012 third quarter. The company reported an $8 in for
Read More

10-24-13

October 24, 2013
Meetings & EventsGonzaga University will hold an informational meeting about its MBA program on Tuesday, Oct. 29, from 5:30 to 7 p.m., at its Jepson Center, 502 E. Boone. The university also will hold an informational meeting about its MBA,
Read More

Small Business Watch

October 24, 2013
North Side bakery plans Valley outletAmber Owens, co-owner of Celebrations Bakery LLC in the Garland District on Spokane's North Side, says the company plans to expand with a second location in Spokane Valley.Owens says the business is about
Read More
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