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Latest News

—Photo by Mike McLean

Drought ends at Riverstone

$22.7 million in projects slated at once-struggling development
April 7, 2011
Mike McLean
John Stone may have handed over the reins recently of Spokane-based SRM Development LLC, a real estate development company he cofounded in 2000, but before he retires, he says, he wants to see one more grand vision through: Riverstone.In recent
Read More

Large apartment projects eyed

Moran Prairie complexes would include 502 units
April 7, 2011
Mike McLean
Three apartment projects with a total of 502 living units and a combined construction value totaling at least $48.2 million are in various planning stages on the Moran Prairie atop Spokane's South Hill.The largest project, in terms of total is a
Read More

Historically volatile, some tech stocks are now strong, sound

Most recent price run-up has better fundamentals behind it than past peaks
April 7, 2011
Andrew Leckey
Why do tech stocks build us up just to let us down?Technology's track record is one of dramatic peaks and valleys for its investors. However, its most recent run-up seems to have more fundamentals behind it than many of the past periods of for a
Read More

In the News: April 7, 2011

April 7, 2011
April 5 / ReliOn garners more funding ReliOn Inc., the Spokane-based maker of backup power systems that use hydrogen fuel-cell technology, announced that it has secured an additional $6 million in equity financing through current It it
Read More

Calendar: April 7, 2011

April 7, 2011 - April 21, 2011
April 7, 2011
Meetings & Events Greater Spokane Incorporated will hold a breakfast meeting, Good Morning Greater Spokane, on Friday, April 8, from 7:15 to 9 a.m., at The Lincoln Center, 1316 N. Lincoln. Linda Davis, of MOR Manufacturing Corp., of on
Read More

Impact Washington set to host innovation boot camp April 4-6

March 24, 2011
A three-day innovation boot camp designed to help businesses create, communicate, and commercialize profitable ideas is scheduled for April 4-6 in Spokane.The intensive program, called the Innovation Engineering Leadership Institute, will be by
Read More

Rural medicine conferences to draw 300 attendees from five-state area

March 24, 2011
Two health care conferences with the joint title Retrofitting For Reform are scheduled to convene in Spokane next week. A total of about 300 participants from Washington, Idaho, Oregon, Montana, and Alaska are expected to attend the Northwest will
Read More

Intermountain reports deeper loss; core deposits rise

Decline in assets, loans seen as Sandpoint bank works off its bad loans
March 24, 2011
Treva Lind
Sandpoint-based Intermountain Community Bancorp, which operates Panhandle State Bank and Intermountain Community Bank, posted a full-year 2010 net loss of $33.5 million, or $3.99 per common share, compared with a net loss of $23.6 million, or $2.82
Read More

Idaho Independent sees smaller net loss in 2010

Cd'A-based bank reduces bad land loans, maintains capital as climate improves
March 24, 2011
Treva Lind
Coeur d'Alene-based Idaho Independent Bank has reported a net loss of $5.7 million, or 89 cents a diluted share, for 2010, down from a loss of $6.7 million, or $1.06 per diluted share, in 2009. The 2010 loss reflects the posting of a $3.1 tax a
Read More

Wheatland Bank's earnings rise slightly, deposits jump

Loans slip 7.8 percent, but institution boosts capital; assets increase
March 24, 2011
Kim Crompton
Wheatland Bank, of Spokane, says it posted net income of just over $1.1 million last year, up about $92,000 from 2009, and had strong increases in deposits and assets, but a decline in loans, similar to what many other banks here M. Horton, CEO, of
Read More
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