Latest News

Spokane-area retailers hopeful for holidays

End of government shutdown helps lift spirits

October 24, 2013

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

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

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

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

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

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

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

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

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,

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