Latest News

Apartment owner files Chapter 11

$6.7 million in debt listed on downtown property; owner hopes to emerge

June 16, 2011

A holding company named Madison Hotel Apartments LLC that owns a downtown Spokane apartment building, located at 1021 W. First, has filed for Chapter 11 reorganization in U.S. Bankruptcy Court here.In a voluntary filing, the holding company of A

Softechnologies launches new product

Software designed for use by companies that have in-field service workers

June 16, 2011

Chey Scott

Spokane-based software developer Softechnologies Corp. says it has launched a new product designed to help businesses with field-service workers track and organize that work force.That new software suite, called Mobility Suite EMB, is a direct a

Goldrich to drill soon in Alaska

Spokane mining concern sells $2 million in stock to fund its exploration

June 16, 2011

Treva Lind

Spokane-based Goldrich Mining Co. says it expects to start drilling later this month in the Chandalar gold district of Alaska.Goldrich recently raised about $2 million in a private placement of its common stock, and will use those proceeds to at

Sandpoint takes steps to revitalize

Urban consultant brought in to help implement plan the city developed in 2002

June 16, 2011

Mike McLean

The Sandpoint business community, through that city's urban renewal agency, has brought in a highly touted consultant to breathe life into a revitalization plan developed nearly a decade ago.The consultant, Mark Rivers, who owns Boise-based real

Group floats plan to buy Ridpath Hotel

Vision calls for spending $30 million-plus to create entertainment destination

June 16, 2011

Mike McLean

A Spokane homebuilder-turned real estate investor says he's heading up a group that has offered to buy 11 stories in the 13-story Ridpath Hotel tower and most of an adjacent building. The group envisions buying other parts of the complex, which has

Hope sprouts on INW farms

Growers say high yields likely to offset late start, rising costs

June 16, 2011

Treva Lind

Washington wheat farmers expect a strong year for the industry with anticipated above-average crop yields and - so far - strong global wheat prices. At the same time, farmers cautiously watch the price of fuel, fertilizer, and other overhead an

Healthcare Resource ramps up

Soon-to-be Spokane Valley-based company plans to hire 60

June 16, 2011

Treva Lind

Healthcare Resource Group Inc., which provides medical billing and temporary staffing services to hospitals and large medical practices, has expanded its Spokane Valley operation to position itself for further growth.Within the next two years, a

Bank stocks, while not popular right now, are worth a look

Earnings should surge for next 12 to 18 months, one industry analyst says

June 16, 2011

Personal Investing

Bank stocks favored by investors are few and far between these days.Despite improved earnings and more stringent safety requirements, the stocks of financial institutions have lagged behind the broader market in 2011. Weighing down their are a a

In the News

June 16, 2011

June 13 / Hecla to pay $263.4 million settlementThe U.S. Department of Justice said Hecla Mining Co., of Coeur d'Alene, agreed to pay $263.4 million to the Coeur d'Alene Tribe and the state of Idaho to settle claims that the release of waste from

Calendar

June 2 - 16, 2011

June 16, 2011

Meetings & EventsMy Business Advocates will hold a free Brown Bag Luncheon, The Street Smartz MBA, on Wednesday, June 29, from 5 to 7 p.m., at La Belle Vie, 18507 E. Appleway, Spokane Valley. Genia Seghetti will speak. To register by Monday, June